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Latest news from trusted sources around the world

Economy Bloomberg
Vietnam’s SCIC Plans Broad Divestment as FTSE Upgrade Nears

Vietnam’s state investment arm plans to exit dozens of companies over the next four years, freeing up capital and potentially boosting the supply of tradable …

Economy Bloomberg
Can Dogs Transform Cancer Screening?

Dogs have been used to sniff out drugs, explosives and even Covid. Could cancer be next? An Indian startup is combining canine noses with AI …

Economy Bloomberg
MTR CEO: Hong Kong Core Business Solid

Jeny Yeung, CEO at railway operator MTR, says the Hong Kong property market and transport patronage has stabilized. She speaks on "Bloomberg: The China Show" …

Economy Bloomberg
Fast Money Bets on November RBA Hike in Fight Against Inflation

Speculative investors are increasingly betting the Reserve Bank of Australia will raise interest rates again in November as inflation remains above the central bank’s target.

Economy Bloomberg
Stocks Fall on Signs US Consumer Is Slowing Down: Markets Wrap

Wall Street is ending the week with stocks falling as signs of a slowdown in the main engine of the economy reinforced bets the Federal …

Economy Bloomberg
SEC Delays Crypto Regulation Meeting in Latest Industry Setback

The Securities and Exchange Commission canceled a Friday meeting where the agency was expected to unveil new plans for digital assets as landmark crypto legislation …

Economy Bloomberg
Judge Orders Kalshi to Stop Offering Most Wagers in Washington

Kalshi was told by a judge to stop offering most of its prediction market contracts in Washington state, after regulators said they likely constituted an …

Economy Bloomberg
Why It’s So Hard to Measure the Economy’s Real Potential

It’s tough to measure the economy’s true potential

Economy Bloomberg
Winklevosses’ Gemini Posts Another Loss, Revenue Increases

Gemini Space Station Inc., the digital-asset platform led by the billionaires Tyler and Cameron Winklevoss that went public last year just before the crypto market …

Economy Bloomberg
Tyson to Close More Beef Plants as Cattle Shortage Drags On

Tyson Foods Inc. is closing more beef plants as a prolonged cattle shortage continues to force the US beefpacking industry’s restructuring.

Economy Bloomberg
NYC Pied-a-Terre Tax Can Proceed for Now, Appeals Court Says

The rollout of New York’s pied-à-terre tax can proceed for now after an appeals court temporarily put a hold on a Staten Island judge’s order …

Economy Bloomberg
Container Shipping Companies Navigate Route Challenges

Lee Klaskow, Senior Logistics Analyst at Bloomberg Intelligence, discussed how container shipping companies are managing disruptions caused by route restrictions and geopolitical tensions. Despite only …

Economy Bloomberg
Why Private Funds Make Ann Berry Nervous

Private-market investing is becoming more accessible, but Ann Berry, Threadneedle Ventures Founder, is warning investors not to confuse accessibility with transparency. She joined Bloomberg Open …

Economy Bloomberg
India Urea Offers Decline 12% as War Supply Squeeze Eases

India, one of the world’s biggest urea importers, received offers for the soil nutrient that were 12% below the June purchase price, signaling that the …

Economy Bloomberg
AMD to Raise as Much as $5 Billion From Debt Offering

Advanced Micro Devices Inc. is planning to raise as much $5 billion in what could be the chipmaker’s biggest-ever investment-grade bond sale, adding to a …

Economy Bloomberg
The Ultimate Tax Deferral: Inside the 351 Conversion ETF

ETFs are already famous for their tax efficiency, but this popular corner of the market is pushing those benefits further than ever.

Economy Bloomberg
Korean Stocks Are on Fire Again, With a Bit Less Excess This …

Seoul has curbed the use of leveraged ETFs.

Economy Bloomberg
Yen Edges Toward 160 Despite Takaichi’s Support for BOJ Hike

The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi’s government was said to support an …

Economy Bloomberg
Korea Stock Bulls Drive Second Day of Emerging-Market Gains

A jump in South Korean stocks drove emerging-market equities higher on Thursday as the revival in the global AI trade pushed Seoul’s Kospi index into …

Economy Bloomberg
CK Hutchison Profit Jumps Sharply on Boost From Asset Sales

CK Hutchison Holdings Ltd.’s profit rose sharply in the first half of the year, driven by hefty gains from recent asset disposals by the Hong …

Economy Bloomberg
Nigeria Central Bank Widens Access to Open Market Operations

Nigeria’s central bank expanded eligibility for participation in Open Market Operations, allowing individuals, corporates and non-bank financial institutions, in addition to banks, to trade in …

Economy Bloomberg
Korean Stocks Rise as Chip Rally Regains Steam

A revival in the global AI trade pushed South Korean stocks toward a technical bull market, marking a dramatic turnaround from last month’s historic rout. …

Economy Bloomberg
Shein Is Said to Consider Aug. 28 for Hong Kong Trading Debut

Shein Global Holdings Ltd. plans to start taking investor orders for its long-awaited Hong Kong initial public offering as soon as Aug. 20 and debut …

Economy Bloomberg
Gold Declines as Sliding Inflation Reinforces Fed Hold Bets

Gold fell below $4,400 an ounce as signs of easing inflation bolstered expectations that the US Federal Reserve will hold interest rates steady next month.

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