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Singapore’s expected boost in taxes this year is raising pressure on the central bank to tighten monetary policy as the Southeast Asian nation seeks to rein in mounting inflation pressures. ....
(Bloomberg) Singapore’s top central banker said the monetary authority is watching for signs of accelerating inflation and is ready to act, underscoring how policy makers globally are refocusing attention on rising prices after their extraordinary efforts to weather the pandemic. ....
Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one. (Bloomberg) Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one. The merger of Cabot Oil & Gas Corp. with Cimarex Energy Co. announced Monday has confounded investors and analysts, leaving them to question the logic behind a tie-up that the companies say will increase diversification. Cimarex is mostly an oil explorer in Texas and Oklahoma, while Cabot is focused on natural gas drilling in the Marcellus shale basin in Appalachia. ....