Business News wrap: Trending updates on May 14, 2024

Business News

•Russia 10Y Bond Yield Hits 25-month High

•China Current Account Surplus Narrows in Q1

•Canada Building Permits Falls More Than Expected

•Turkey 10Y Bond Yield Eases From All-time High

•Romania Unexpectedly Leaves Key Rate Steady at 7%

•Kyrgyzstan Inflation Rate Steady at 5.2%

•Kazakhstan Unemployment Edges Down in Q1

•Kyrgyzstan Producer Inflation Accelerates in April

•UK 10-Year Gilt Yield Edges Down Ahead Jobs Report

•China 10-Year Yield Muted Amid Stimulus Bond Issuance

•Switzerland Consumer Holds Near 8-Month High

•Turkey Current Account Gap Narrows in March

•Turkish Retail Sales Growth Slows in March

•Malaysia Q1 Construction Output Rises the Most in 5 Quarters

•Australia Business Sentiment Muted in April

•Irish Construction Activity Growth at Over 2-Year High

•European markets move lower as traders look ahead to U.S. inflation data; Maersk up 7%

•Putin to replace longtime defense minister in surprise move; Russia claims gains in northeast Ukraine

•Google’s Demis Hassabis is the man tasked with turning bleeding-edge AI research into profits

•BHP says Anglo American rejected $42.7 billion revised proposal

•Singapore’s incoming PM Wong appoints new deputy PM in minor reshuffle

Catalan separatists lose majority as Spain’s pro-union Socialists win regional elections

India is gearing up to be a semiconductor chip powerhouse


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