Right now, a lot of the inflation discussion is about fairly short-term factors. Chips. Used cars. Rent. And other categories that are feeling the impact of the pandemic. How long will these categories be on the move? At what point will these moves no longer …
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(Bloomberg) -- Growing investor angst about China’s real estate crackdown rippled through markets on Monday, adding pressure on Xi Jinping’s government to prevent financial contagion from destabilizing the world’s second-largest economy.Hong Kong real estate giants including Henderson Land Development Co. suffered the biggest selloff in more than a year as traders speculated China will extend…
By Simon JackBusiness editorimage source, Getty ImagesThe government is considering offering emergency state-backed loans to energy companies as firms battle to stay afloat amid surging gas prices.Business Secretary Kwasi Kwarteng will hold crisis talks with industry bosses including Centrica and E.On on Monday.Smaller suppliers face ruin as price hikes have made their price promises to…