
Articles
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1 week ago |
news.bloombergtax.com | Peter Laca
Emerging-market stocks snapped their best four-day rally in three years as US curbs on sales of artificial intelligence chips to China underscored broader concerns over the impact of President Donald Trump’s trade policies. MSCI Inc.’s stock index for developing nations fell 0.9%, with technology shares leading the decline after the US government imposed restrictions on Nvidia Corp.’s exports of H20 chips.
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1 week ago |
news.bloomberglaw.com | Peter Laca
Emerging-market stocks snapped their best four-day rally in three years as US curbs on sales of artificial intelligence chips to China underscored broader concerns over the impact of President Donald Trump’s trade policies. MSCI Inc.’s stock index for developing nations fell 1.3%, with technology shares leading the decline after the US government imposed restrictions on Nvidia Corp.’s exports of H20 chips.
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2 weeks ago |
bloomberg.com | Peter Laca
Czech exports to the EU account for about 80% of GDP, with key industries centered around car manufacturers and auto-part makers. (Bloomberg) -- The Czech government cut its outlook for economic growth as it expects businesses to curb investment due to risks from US tariffs. The Finance Ministry said 2025 gross domestic product would probably rise 2% from a year earlier, compared with the previous 2.3% projection.
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2 weeks ago |
bloomberg.com | Peter Laca
Czech central bankers saw rising tariffs in global trade as an additional inflation risk, boosting the case for a “wait-and-see” policy approach, according to minutes from the March 26 rate meeting. Board members agreed that domestic price pressures included the costs of services and food, wage growth fueled by a tight labor market, as well as a rebounding housing market, the minutes published on Friday showed.
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4 weeks ago |
ca.finance.yahoo.com | Peter Laca |Krystof Chamonikolas
(Bloomberg) -- The Czech central bank reinforced warnings about inflation and an uncertain economic outlook after halting interest rate cuts for a second time in the past three months. • None They Built a Secret Apartment in a Mall. Now the Mall Is Dying. • None Why Did the Government Declare War on My Adorable Tiny Truck? The board viewed its unanimous vote to keep the benchmark rate at 3.75% on Wednesday as a pause, with domestic and foreign risks seen as inflationary, Governor Ales Michl said.
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