Bloomberg Business

Central banks have ramped up their hawkish rhetoric this month but for bond bulls, that’s a good thing.

Singapore’s core inflation rate cooled in May to the lowest in 11 months, helped by a deceleration in transport and food prices.

As the two Koreas near the anniversary of the start of their conflict in 1950, both sides are pouring money into drone programs to bolster their militaries along a border dubbed “the Cold War’s last frontier.”

India’s Reliance Jio Infocomm Ltd. is in talks to raise a loan for about $1.6 billion to fund the purchase of equipment from Nokia Oyj, according to people familiar with the matter.

(Bloomberg) — The halcyon days of China underpinning demand for metals like copper, aluminum and iron ore are over, according to Jefferies LLC. 

The return of El Niño after nearly four years is raising the specter of extreme weather, economic pain, and agricultural disruption across the globe. Now add another unpleasant effect to the mix: a resurgence of tropical diseases.

Cathay Pacific Airways Ltd. expects to report a profit for the first six months of 2023, finally emerging from the most damaging period in its 76-year history and raising the likelihood of a first annual profit since 2019.

Elon Musk’s Twitter needs to put more resources toward addressing sensitive content if it wants to comply with strict new European regulations ahead of a deadline in August, according to Thierry Breton, the bloc’s internal market commissioner.

Global New Material International Holdings Ltd., a Chinese colorant producer, is in talks on a potential acquisition of Merck KGaA’s pigments arm, people with knowledge of the matter said.