Indonesia’s Surprise Rate Hike May Not Be the Last, Economists Say
The heightened external risks that are beyond Bank Indonesia’s grip may make it tough to call its April’s rate hike as one-and-done, according to economists.
The heightened external risks that are beyond Bank Indonesia’s grip may make it tough to call its April’s rate hike as one-and-done, according to economists.
European and US equity futures slipped following weakness in Asian markets, with Meta Platforms Inc.’s disappointing outlook underscoring the risk of volatility in a high-stakes earnings week.
Deutsche Bank AG relied on its traders and investment bankers to make up for a slowdown in income from lending, as Chief Executive Officer Christian Sewing seeks to deliver on an ambitious revenue goal.
The world’s largest mining company, BHP Group Ltd., has made a takeover approach for rival Anglo American Plc, a move that could spark the biggest shakeup in the industry in over a decade.
Korean borrowers are selling an unprecedented amount of dollar bonds, overtaking Chinese peers to lead Asia’s primary market issuance for such debt.
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