A leading Chinese chipmaker briefly replaced a top liquor giant as the country’s most expensive onshore stock, as investors doubled down on innovative technology firms to keep driving a broader rally.
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Gold fell as investors weighed prospects for a legal battle between the White House and a Federal Reserve governor, after President Donald Trump this week moved to oust the policymaker from the central bank.
The Italian government is again seeking to tap into bank profits as a way to prop up public finances, according to various reports in Italian newspapers.
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
PGIM Fixed Income Global Investment Strategist Guillermo Felices tells Bloomberg Television that the spike in French bond yields could create tactical opportunities because the European macro backdrop overall is “quite decent.” The yield spread between French and German bonds — considered a key measure of risk — widened to as much as 79 basis points on Tuesday after Prime Minister Francois Bayrou announced this week that he would call a confidence vote in his own government.
A $1 trillion stock rally in China is sparking concerns over growing risks to investors, prompting some of the nation’s brokerages and fund managers to cut back on financing and limit purchases.
Chinese bubble tea chain Mixue Group reported robust revenue growth in the first half of the year, as its low-priced drinks continued to resonate with cost-conscious young Chinese consumers.
Taylor Swift’s engagement to football star Travis Kelce has sparked a flood of online bets on the billionaire singer’s life. On prediction market websites like Kalshi and Polymarket, traders are putting money behind their expectations for the couple. Bloomberg's The China Show reports. (Source: Bloomberg)
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
The biggest oil producer in the United Arab Emirates agreed to supply liquefied natural gas to Indian Oil Corp. for 15 years as it lines up more binding contracts for a new export terminal.
Additional US tariffs on Indian goods have come into effect on August 27, doubling the existing 25% duty imposed on August 7 to 50%. Meanwhile oil held a large drop as investors weighed the fallout from higher tariffs over India’s imports of Russian crude. Vandana Hari, Founder of VANDA Insights told Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche there’s no signs the tariffs will have a major shift in local refiners’ purchasing patterns. (Source: Bloomberg)
China is preparing to showcase its latest anti-ship missiles, combat drones and nuclear-capable ballistic missiles in a parade aimed at demonstrating its military prowess — and perhaps attracting potential buyers. Bloomberg's Minmin Low reports. (Source: Bloomberg)
Investors are getting so desperate to lighten their holdings of Japanese government bonds that some are willing to sell the securities at a discount to the central bank.
Switzerland is likely to stave off deflation despite the tariff uncertainties facing its economy, according to central bank Vice President Antoine Martin.
Mark Cudmore, Anna Edwards, Guy Johnson and Kriti Gupta break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." For up to the minute market intelligence and insight, click MLIV . (Source: Bloomberg)
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