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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 ....
Monday morning . A good morning to you. We are seeing shares falling across the asia pacific. Check out the figures here. You see the regional benchmark right now. Modest gain here. But if you look at the individual stock story, it is generally a down day. Shares modestly lower in tokyo today as shares get under way. This is what we have. Higher by 4 10. The taiwan Index Trading lower. Lets go with singapore right now because we do have the latest g. D. P. Figure. Those numbers coming in perhaps slightly slowing in terms of economic growth. We did see the Monetary Authority there maintaining its current stamps in terms of the Singapore Dollar. Watching that today. Here are early movers. Among those, hong kong up 1. 6 . In the downside category. Noble group 4 10 of 1 . Thats the publisher of course of the straight ti ....
Space. This news regarding the ukraine and emergency meeting of the Security Council, it is filtering through to commodity markets. We are seeing palladium surging the most since 2011. That is because russia is the biggest producer. There are supply concerns. Russia and ukraine having an impact on many Global Markets today. Russia and the United States have clash at the u. N. At the anest Security Council held emergency session. Moscows investor says the west and kiev are behind the instability, while the u. S. Says russia only has the power to create such a situation. To our u. N. Correspondent. What was the atmosphere like . The u. N. Has said that ukraine now is more combustible than beingefore, cold war ii talked about, no doubt. The backdrop of the meeting t ....