Bloomberg
BusinessDesk publishes select articles from international news service Bloomberg, which has more than 1000 journalists spread around the globe.
World
Australia’s rapid recovery brings Budget surplus into sight
Australia's Budget, to be announced on May 9, could show the country's first surplus in 15 years.
World
Sovereign debt costs to double by 2025
Governments will increasingly be at the mercy of bond investors.
World
Fed hikes rates by quarter point, Powell hints at possible pause
US Fed chair Jerome Powell said support for the 25 basis-point rate increase was “very strong across the board”.
World
Australia signals further tightening after unexpected rate hike
The Reserve Bank of Australia increased its cash rate to 3.85%, the highest level since April 2012, in a decision predicted by only nine of 30 economists.
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