President Donald Trump’s deliberations over his plans to impose reciprocal tariffs are coming down to the wire, with his team said to be still finalizing the size and scope of the new levies he is slated to unveil on Wednesday afternoon.
Options traders are betting that Treasuries will extend their rally as the world braces for President Donald Trump to announce the details of his reciprocal tariff plans on April 2.
A rally in the world’s largest tech companies lifted stocks as investors brushed off weak economic readings to focus on prospects for interest-rate cuts ahead of President Donald Trump’s tariff rollout.
Xiaomi has confirmed that one of its SU7 electric vehicles was involved in an accident on an expressway in China. Local media reported that the incident resulted in the deaths of three individuals, raising concerns about the smart driving software used in modern cars. Bloomberg's Minmin Low provides further details on the incident. (Source: Bloomberg)
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Izzy Englander’s Millennium Management and Ken Griffin’s Citadel lost money last quarter amid President Donald Trump’s trade wars, even as other hedge funds gained.
China’s energy giants are increasingly pivoting to natural gas to raise production, as demand for oil slows and global trade tensions heighten the risks of relying too heavily on imports.
China Inc.’s outlook has brightened after a campaign to revive consumption delivered a strong earnings season, one that may offer local stocks a much-needed cushion as they brace for US tariffs.
Nintendo Co. shares have soared to a series of records in anticipation of its Switch 2 console, making the upcoming reveal of the gadget’s details a potential watershed.
US Senator Cory Booker set a chamber record by assailing the policies of President Donald Trump in a speech that lasted more than 24 hours. Here's a compilation of key moments. (Source: Associated Press)
Colombia’s state-owned Ecopetrol SA is considering buying Carlyle Group’s oil driller in the nation as it looks to boost reserves and output, its top executives said in an interview.
Princeton University President Chris Eisgruber discusses the importance of federal funding for research universities during an interview with David Gura. (Source: Bloomberg)
House Financial Services Committee Republicans urged US Treasury Secretary Scott Bessent to rescind a Biden-era measure that gave regulators a pathway for placing nonbank financial firms under greater oversight, saying it did little to improve risk monitoring.
Hong Kong is drafting rules for an over-the-counter market for delisted shares to give investors at risk of owning a growing pile of nearly worthless securities a chance of recouping some losses.
An Asia junk bond investor who beat 98% of his rivals last year said he is “very bullish” on the market — and ready to pick up bargains if other investors panic.
