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Latest news from trusted sources around the world

Economy Bloomberg
Hong Kong Tech Index Expands Members to 50 In Major AI Overhaul

Hong Kong’s main technology stock benchmark is expanding its number of constituents to 50 from 30 in a major revamp to better represent the fast-growing …

Economy Bloomberg
Euro Slides as Traders Look Beyond the Dollar for Bearish Bets

The euro fell against all G10 peers as investors worried about regional fiscal and political risks looked beyond the dollar to bet against the common …

Economy Bloomberg
Volkswagen Sets Aside £725 Million for UK Car Finance Payout

The UK financing arm of Volkswagen AG has made a £725 million ($960 million) provision to cover the costs of a plan to compensate British …

Economy Bloomberg
Can India Close Its Huge Pension Gap?

Fewer than 30% of Indians have access to a retirement account, even as the number of people over 60 is set to more than double …

Economy Bloomberg
Japanese Beer Maker Shares Drop on Price-Fixing Probe

Shares of Japanese beer makers fell after the nation’s competition authority started investigating them over suspected price fixing.

Economy Bloomberg
Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs

Retail investors are estimated to have lost 2.3 trillion won ($1.7 billion) from leveraged exchange-traded products tracking South Korea’s two chipmaking giants in just months, …

Economy Bloomberg
Gold Falls as Traders Weigh Rate-Hike Prospects, Inflation Fears

Gold fell to a two-month low as the dollar strengthened, while heightened Middle East tensions fueled fears over war-driven inflation and investors weighed prospects for …

Economy Bloomberg
Stocks Fall as Inflation Worries Boost Bond Yields: Markets Wrap

A record-breaking run in stocks hit a wall as still-elevated oil prices lifted bond yields, stoking concerns that potential inflationary pressures could trigger Federal Reserve …

Economy Bloomberg
Latest Oil Market News and Analysis for Oct. 7

Oil flucturated in a choppy session as traders weighed a pickup in Iranian attacks on vessels in the Strait of Hormuz against resilient flows from …

Economy Bloomberg
Virginia Lieutenant Governor Opposes NextEra-Dominion Deal

Virginia Lieutenant Governor Ghazala Hashmi voiced opposition to NextEra’s proposed $67 billion takeover of utility Dominion Energy Inc., adding an outright objection to the calls …

Economy Bloomberg
JetBlue Wins FAA Approval to Take on Spirit’s Slots at LaGuardia

JetBlue Airways Corp. won approval from the US Federal Aviation Administration to take over Spirit Airlines’ takeoff and landing slots at New York’s LaGuardia Airport.

Economy Bloomberg
Crescimento da fortuna de André Esteves

Matheus Piovesana conta sobre o crescimento da fortuna do bilionário André Esteves. Com produção de Mariana Lumy e edição de Raphael Almeida. (Source: Bloomberg)

Economy Bloomberg
Greg Abbott to Skip San Antonio Trump Rally Amid Tight Race

Texas Governor Greg Abbott is planning to skip a political rally in San Antonio headlined by President Donald Trump, declining a chance to appear with …

Economy Bloomberg
Fed to Soon Consider Raising Bank Asset Thresholds, Bowman Says

Federal Reserve Vice Chair for Supervision Michelle Bowman said the Fed will look later this year to update its rules for fixed-dollar asset thresholds in …

Economy Bloomberg
Oaktree’s Playbook for Rising Credit Stress

As higher rates bite and SEC scrutiny rises, Danielle Poli, a Managing Director and Co-Portfolio Manager at Oaktree, joins Bloomberg Open Interest to break down …

Economy Bloomberg
S&P 500 Sets First Record Since August as Bulls Downplay Risk

The S&P 500 rose 0.9%, reaching its first record high since August, buoyed by resilient corporate profits, the outlook for artificial intelligence-related spending and a …

Economy Bloomberg
Emerging-Market Assets Gain as US Yields Drop, Oil Steadies

Emerging-market assets extended gains on Tuesday as a combination of lower US bond yields, a weaker dollar and steady oil prices provided some relief to …

Economy Bloomberg
Segantii Trial Nears Finish as Lawyers Make Closing Arguments

Segantii Capital Management’s founder Simon Sadler returned to a Hong Kong court this week, as the prosecution delivered its closing argument in a high-profile insider …

Economy Bloomberg
Key Saudi Pipeline Flows at 5.8 Million Barrels, Minister Says

Saudi Arabia is pumping 5.8 million barrels a day through its key cross-country pipeline, Energy Minister Prince Abdulaziz bin Salman said.

Economy Bloomberg
SEBI Says Jane Street’s Appeal for More Details a Delaying Ploy

India’s markets regulator called Jane Street Group LLC’s demand for additional documents a “dilatory” tactic, a day after the Wall Street trading giant pressed for …

Economy Bloomberg
Air Liquide Sells Debt at Better Rate Than French Government

Air Liquide SA attracted strong demand for a sale of euro-denominated bonds, with investors buying the debt at lower yields than French government bonds caught …

Economy Bloomberg
Bakai Sees Hong Kong as Bridge to Central Asia

Andreas Meletiou, CEO of Bakai Bank Hong Kong, says the lender chose Hong Kong for its strong links to Central Asia and its position as …

Economy Bloomberg
Japan’s 10-Year Bond Sale Draws Solid Demand as Yields Top 3%

Japan’s 10-year government bond auction Tuesday saw stronger demand than the 12-month average as elevated yields underpinned buying.

Economy Bloomberg
Ray Dalio Warns of US Debt Crisis Within Three Years

Bridgewater Associates Founder Ray Dalio warns that the US is approaching the limits of its debt cycle, predicting a potential crisis within three years as …

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