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Indonesian sovereign wealth fund Danantara will remit 120 trillion rupiah ($6.8 billion) “from its profits” to the government this year to shore up the nation’s state budget, according to the finance minister.
Bloomberg Markets
Spanish inflation surged to more than double the European Central Bank’s 2% target while France’s reading exceeded expectations, strengthening the case for an increase in interest rates next month. Paul Hollingsworth, head of developed market economics at BNP Paribas, says an ECB rate hike is now "all but nailed on." (Source: Bloomberg)
Bloomberg Markets
Federal Reserve Chair Kevin Warsh’s Jackson Hole speech could flatten the US yield curve, bolster risk appetite and support the dollar — if he gets it right, according to Bank of America Corp. strategists.
Bloomberg Markets
A year-old US company with ties to President Donald Trump plans new projects in Bosnia-Herzegovina that would boost its investment in the country to just above €2 billion ($2.3 billion).
Bloomberg Markets
Asian spot liquefied natural gas advanced on sustained concerns about the Strait of Hormuz, with Qatar extending force majeure on deliveries of the fuel to European and Asian buyers by another month.
Bloomberg Markets
A historic diamond necklace originally designed for the Egyptian royal family and valued at about $4 million was stolen from a major Vienna museum, triggering a police manhunt for the two alleged thieves.
Bloomberg Markets
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Bloomberg Markets
Qatar extended force majeure on liquefied natural gas supplies to European and Asian buyers by another month as uncertainty over the full reopening of the Strait of Hormuz clouds prospects for restoring Persian Gulf energy flows.
Bloomberg Markets
Some of India’s top-rated companies can now borrow more cheaply for a decade than for three years.
Bloomberg Markets
Chinese President Xi Jinping said rescue operations faced “extreme difficulties” after a deadly mudslide struck the Himalayas near the border with Nepal, and ordered faster surveys of glaciers and glacial lakes across the Tibetan Plateau.