scorecardresearch
Friday, August 15, 2025
TopicBloomberg wire

Topic: Bloomberg wire

World’s central banks got inflation calls wrong, economies pay as pandemic recovery fumbles

The Federal Reserve is anticipated to raise interest rates by 75 basis points Wednesday, just weeks after Chair Jerome Powell & his staff projected a half-percentage-point increase.

Global bonds on cusp of bear market as inflation-hit US reserve set to hike interest rates

The global bond index has already slumped 16% in 2022, more than three times the size of the next biggest annual loss since 1990.

K-pop band BTS’ hiatus announcement triggers $1.7 bn rout as shares of managing agency tumble

Shares of Hybe, the agency that manages the boy band, sank as much as 28% Wednesday in Seoul, heading for its lowest close on record since its trading debut in October 2020.

$4.56 mn prize, 456 players — In ‘Squid Game’ reality show, contestants won’t be shot if they lose

The Netflix show will mimic the hugely popular original series, where a group of people with debts compete in versions of childhood games to win money as super-rich VIPs watch.

Loss of IPL streaming rights could cost Disney+ around 20 million subscribers

Cricket has been a big driver of customer acquisition for Disney+, so the company may now struggle to reach its goal of 260 million global subscribers by 2024.

Mukesh Ambani’s consumer empire gets a cricket spin after bagging IPL digital rights

Beating Amazon, Disney and Sony to the Indian Premier League was only half the battle. Now the world’s seventh-richest man needs to work out how to make money from it.

Bitcoin falls as much as 10% in deepening crypto sector selloff

Cryptocurrencies have become emblematic of a flight from speculative assets as monetary policy is tightened around the world to fight inflation, draining liquidity from global markets.

Mukesh Ambani’s Viacom18 beats media giants to win IPL streaming rights in bidding war

From Walt Disney to Sony, Viacom18 — a joint venture between Paramount Global & Ambani’s RIL — outbid all to bag the streaming rights, while Disney acquired the TV broadcast rights.

With $17 billion wipeout, LIC IPO among Asia’s biggest new stock flops this year

Having plunged 29% since its 17 May debut, India’s biggest ever IPO now 'ranks second in terms of market capitalisation loss since listing'.

Saudi to provide less crude oil to China while meeting most Asian requests

Japan, South Korea, Thailand and India will get the oil volumes they had sought, with some even getting extra supplies, according to refinery officials.

On Camera

India talked big on Russia-Ukraine mediation. Alaska meet offers a window

Europe and Ukraine’s agencies are crucial. Steering the Alaska talks bilaterally between the US and Russia will foil the outcomes before they even start taking effect.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.