Sri lanka has raised its key Interest Rate of the First Time Since july to bolster the rupee. That lending and deposit rates were increased by 25 basis points. Sri lanka is struggling to balance growth and record inflation amid the worst drought in 40 years. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Turning now to the markets. Afternoon trading getting underway and hong kong and china. The hang seng down. 1 . Shenzhen and shanghai both down slightly. Caroline im caroline hyde. This is Bloomberg Technology. Coming up, googles advertising crisis goes global. Big brands in the u. S. Join the u. K. In the backlash over terrorism. Fitbit turns 10, the ceo reflects on the early hypergrowth and the recent troubles facing the company in its turnaround efforts. The senate votes to nullify fcc broadband privacy rules. What that means for internet giants and your data. Googles advertising crisis goes global. It beg
It was 2157 at the beginning of the week. It has gained 11 points this week. Anna lets get some more details. Nejra cehic joins us. Nejra good morning. Asian markets seem to have not got the memo of caution we saw in the u. S. Session. If we look at the msci asiapacific index, trading higher, the topix recovering the slide on a weaker yen. 111. 46. The house vote on the Republican Health care bill delayed today but this does have bigger implications not just on policy but on the trump trade as well. We could ask if the market is getting ahead of itself with the optimism today. The nikkei up 0. 9 . Gains in china 20. Gains in china too. Speaking of the dollar, snapping sixlongest losing streak in years. If we look at dollaryen, 111. 45, the yen weakening for the first time in nine days. The bloomberg other index is still heading for a weekly decline. We have seen quite a bit of dollar weakness since the beginning of the year. Just to dig a little deeper, it has been in a trading range r
NZ s 10 largest dairy farmers reveal changing face of an industry nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
They contribute billions of dollars to New Zealand’s economy and are responsible for thousands of milking cows and farm hectares. So who are the country’s.