Trump administration advances $24.3 billion fighter jet deal to Saudi Arabia as Houthis escalate attacks
The deal comes as Iran-backed Houthis escalate attacks on Saudi Arabia and seek control of the strategically important Bab el-Mandeb Strait.
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What Is the Treasury Bonds Basis Trade, and Is It Over?
Global bond markets have been roiled since the Iran-US conflict began. Surging energy prices together with massive corporate borrowing and ever-expanding government debt issuance have sent Treasury bond prices plummeting, pushing yields to the…
Odd Lots: There Are a Lot of Rich People in America (Podcast)
In 2014, the economists Owen Zidar and Eric Zwick were asked by the Treasury to conduct a study on the tax burden of private business owners. It was tricky to figure out how much these sorts of business owners — auto dealers, contractors, the like…
ECB Says Consumers’ Inflation Expectations Increased in August
Inflation expectations among euro-area households increased in August, a signal that the European Central Bank may have to raise interest rates further.
Prudential Exits AlexForbes as Motsepe’s ARC Boosts Stake
A firm linked to billionaire Patrice Motsepe is consolidating control of Alexander Forbes Group Holdings Ltd. through a deal that will see US financial-services giant Prudential Financial Inc. exit its investment in South Africa’s biggest…
Why Japanese stocks rose as government bond yields and the yen fell after rate hike
The yen weakened past 157 against the dollar, the yield on the 10-year Japanese Government Bond slipped, while the Nikkei 225 gained 1.5%.
ECB's Kazaks Says Restrictive Policy May Be Appropriate
European Central Bank Governing Council member and Bank of Latvia Governor Martins Kazaks discusses the second-round inflation effects of the energy price shock and the outlook for interest rates. "With the economy forecasted to close the output…
Bessent Pushes, BOJ Splinters Over Rate Hike
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…
PSA Is Said to Consider Selling Stake in Mumbai Port Operations
PSA International is considering selling a minority stake in its container terminal operations in Jawaharlal Nehru Port in Mumbai, according to people familiar with the matter.
ECB’s Kazaks Sees Rates Being Lifted More If Economy Holds Up
The European Central Bank may have to raise borrowing costs to levels that curb economic activity as it seeks to get inflation under control, according to Governing Council member Martins Kazaks.
Irish Finance Chief Shrugs Off US Tariff Threats Over Canada-EU
Irish Finance Minister Simon Harris played down worries that President Donald Trump may impose tariffs on the European Union over Canada’s associate member status with the bloc.
Uzbek Logistics Firm Centrum Taps Citi, JPMorgan for London IPO
Uzbekistan’s largest private logistics group is in talks with Citigroup Inc. and JPMorgan Chase & Co. to work on its initial public offering in London, according to people familiar with the situation.
India’s Shapoorji Group Seeks Tata Thaw as Listing Path Clears
India’s Shapoorji Pallonji Group said it was ready to work with Tata Sons Pvt. on the potential listing of the group holding company, seeking to turn the page on years of tensions between two of the country’s oldest business families.
India’s ‘Sugar High’ Warrants Caution on RBI Hikes, Aziz Says
India’s economy may be enjoying a “sugar high” from earlier stimulus that is set to eventually fade, according to JPMorgan Chase & Co.’s Jahangir Aziz, who warned that markets may be pricing in too many interest-rate increases.
Strategists Are Most Bullish on European Stocks in Eight Years
Market strategists have given the most bullish September forecast on European stocks since 2018, as strong corporate earnings help offset the impact of high energy prices and rising bond yields, according to a Bloomberg survey.
Saudi Pipeline Repairs Underway; US Approves $24.3B F-35 Sale to Saudi Arabia
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…
UK Retail Sales Bounce Back With 0.5% Gain in August
UK retail sales rose unexpectedly in August, as warm weather and a brighter national mood encouraged consumers to spend despite rising energy bills.
Chinese Yuan Hits Strongest Level Since 2022
“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…
Investing in the 'Picks and Shovels' of Healthcare
Alvin Liu, Partner at PTX Capital, explains why his US-based venture capital firm is focused on AI-enabled opportunities in the healthcare space outside of drug assets. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)
Sea Clash Shows China Pushing Closer to Philippine Mainland
China and the Philippines traded accusations after their vessels collided in the South China Sea on Friday in one of the closest such confrontations to the Philippine mainland.
Turkey Turns to Two Big Banks to Liquidate Troubled Funds
Turkey has turned to two of its biggest banks to oversee the liquidation of 131 investment funds caught up in turmoil that has shaken the country’s asset-management industry.
Iron Ore Set for Weekly Gain Despite Weak China Steel Demand
Iron ore was headed for a weekly gain after recovering from a sharp decline earlier in the week, even as weak steel demand and shrinking mill margins weighed on the outlook.
Korea-US Investment Arm Mulls Debut Bond for $350 Billion Pledge
A newly created entity at the heart of South Korea’s $350 billion US investment pledge is considering heading to the bond market for the first time, offering an early glimpse into how Seoul plans to finance one of the largest commitments in its…