Thai Central Bank Chief Says It’s Time to Pause on Rates
(Bloomberg) — Thailand’s central bank Governor Sethaput Suthiwartnarueput said interest rates have reached neutral level and it’s time to hit the pause button on tightening.
Bloomberg Business
Asia High-Grade Credit Has Its Worst Month in Almost a Year
Investment-grade corporate bonds in Asia outside Japan are set to post their worst performance in eleven months in September, hurt by high US interest rates, rising energy costs and China’s ailing economy.
PineBridge Is Bullish on China as Xi Turns More Pragmatic
PineBridge Investments has turned bullish on China saying the authorities are starting to look more determined to bolster the ailing economy and there are fewer headwinds facing private companies.
War in Ukraine Pushes India to Obtain More Self-Propelled Guns
India is planning to add more self-propelled long range artillery to its arsenal after officials conducted a study indicating their effectiveness in shaping Russia’s war in Ukraine.
India Energy Storage Plans Need Subsidies, US Executive Says
India’s support for energy storage is essential to enable the renewables growth Prime Minister Narendra Modi has promised, but more incentives may be needed, according to the head of California-based Energy Vault Holdings Inc.
Startup Bets Wood Can Make Wind Turbines Even Greener
In the forests of western Sweden, a turbine of the future is taking cues from windmills of the past in a quest to be greener.
The Climate Sleuth Uncovering Methane Leaks for the United Nations
Itziar Irakulis Loitxate is a 27-year-old Ph.D. student who is the closest thing the world has to climate police.
Coup No One Saw Coming in Gabon Redraws African Frontier Markets
The coup in Gabon that ousted a key French ally in Africa shook up bond investors by destabilizing one of the region’s few international borrowers.
Biden’s $100 Billion Chip Bet Caught Up in Arizona Union Showdown
High-stakes labor showdowns are putting President Joe Biden’s administration in between the companies central to his economic vision and the workers he’s promised will reap the rewards of a US manufacturing renaissance.
Copper-Tax Dive, Debt-Deal Delay Pose Budget Quandary for Zambia
Zambia’s Finance Minister Situmbeko Musokotwane needs to reassure investors that Africa’s second-largest copper producer is on a path to debt sustainability and simultaneously address concerns over high living costs when he presents the southern African nation’s budget on Friday.
