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Latest published headlines routed into the economy archive.

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BloombergEconomy

Bathla Crisis Prompts Australia to Ask Banks About Credit Bets

Australia’s prudential regulator has asked banks and pensions about their exposure to private credit funding, the latest sign that authorities want more information to identify risks in the country’s debt market in the wake of collapsed property developer Bathla Group.

BloombergEconomy

Yields Hit Multiyear Highs on Oil Surge, Fed Hike Bets

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

BloombergEconomy

Oil Trades Near $107 as Houthi-Saudi Fighting Escalates

Brent oil traded near $107 barrel as fighting between Yemen-based Houthi militants and Saudi-backed forces intensified. The global benchmark surged more than 6% in the previous session and is on track for its biggest weekly gain since July. Bloomberg's Ben Sharples reports. (Source: Bloomberg)

BloombergEconomy

How LV Lost Millions by Winning a Trademark Dispute in China

A trademark fight with a local tea maker sparked a patriotic backlash that exacerbated a demand slump for LVMH’s most profitable label. While the broader downturn in the Asian powerhouse has slammed all luxury brands, LVMH Moët Hennessy Louis Vuitton SE’s flagship label was the worst hit in July and August, people familiar with the matter said. (Source: Bloomberg)

BloombergEconomy

Few Places to Hide as Bond Selloffs Continue

AMP economist My Bui projects US 10-year Treasury yields could reach 5% as structural inflation drivers remain intact. She notes that sustained market pressures may keep Federal Reserve interest rates elevated as equities come under pressure, creating a situation where investors lack safe havens amidst market turmoil. (Source: Bloomberg)

ASEANEconomy

Secretary-General of ASEAN delivers Pre-Recorded Remarks for the Launch of “Creative ASEAN”

Secretary-General of ASEAN, Dr. Kao Kim Hourn, this evening delivered pre-recorded remarks for the launch of “Creative ASEAN: Enhancing Regional Cultural Cooperation through Residencies and Professional Exchange between ASEAN and France,” where he highlighted how ASEAN’s rich cultural The post Secretary-General of ASEAN delivers Pre-Recorded Remarks for the Launch of “Creative ASEAN” appeared first on ASEAN Main Portal .

The Business TimesEconomy

Stocks to watch: SGX, Oiltek

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Sep 11):

BloombergEconomy

HUD Secretary Turner on Bringing Down Housing Costs

US Housing and Urban Development Secretary Scott Turner discusses the efforts to lower housing and mortgage costs amid rising bond yields and borrowing rates. He outlines the administration’s strategy of deregulation. He speaks on "Balance of Power: Evening Edition." (Source: Bloomberg)

BloombergEconomy

Latest Oil Market News and Analysis for Sept. 11

Brent oil extended its rally after fighting between Yemen-based Houthi militants and Saudi-backed forces intensified, stoking fears of deeper supply disruptions as hostilities escalated across the Middle East.

BloombergEconomy

The Rise of Organized Retail Crime at Big Box Stores

If you walk into a local pharmacy in New York City, more likely than not, lots of the merchandise is locked behind closed doors as a measure to mitigate shoplifting. So how big is the "retail shrink" problem really? And why are stores willing to sacrifice customer experience to protect their inventory? According to today's guest, the Home Depot's VP of Asset Protection Scott Glenn, shoplifting is just the tip of the iceberg when it comes to retail theft; what is really bedeviling companies like the Home Depot is something called organized retail crime, heists by criminal outfits that seek to nab large quantiles of merchandise that eventually ends up in the black market. Today, we speak with Glenn about the in-and-outs of organized retail crime, the retail shrink (Source: Bloomberg)

BloombergEconomy

Fanatics’ King on Sports Betting and Prediction Markets

Fanatics’ Betting and Gaming CEO Matt King discusses the company’s newly launched all-in-one app, which combines sports betting, casino, and prediction markets. King discusses Fanatics’ position in a market long dominated by DraftKings and FanDuel, and asked King how much share Fanatics has gained so far. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

BloombergEconomy

Philip Morris CEO Is ‘Optimistic’ About Zyn Potential

Jacek Olczak discusses Zyn's strong demand and asking whether those issues have now been resolved. The conversation also focused on Philip Morris International’s year-end market share target for Zyn and whether offering larger cans with 15 to 20 pouches could boost revenue as well as margins. He speaks with Romaine Bostick on "The Close." (Source: Bloomberg)

BloombergEconomy

UAE Pledges $46 Billion to Germany in Race to Diversify From US

The United Arab Emirates pledged to invest €40 billion ($46 billion) in Germany in sectors ranging from artificial intelligence to energy and defense, an outlay that will deepen its ties to Europe and further diversify the Gulf nation’s trade relationships globally.