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Latest news from trusted sources around the world

Economy Bloomberg
China Nickel Firms Plan to Discuss Cutting Indonesian Output

Top executives at several Chinese nickel producers plan to meet as early as Tuesday to discuss coordinated output cuts at their battery material plants in …

Economy Bloomberg
MTR CEO on Hong Kong's Northern Metropolis

Jeny Yeung, CEO at MTR, discusses the opportunities she sees for the railway operator as it expands into Hong Kong's Northern Metropolis. She speaks exclusively …

Economy Bloomberg
More China Stimulus Needed Despite Easing: Polka Mishra

The People's Bank of China could effectively cut rates by shifting its policy benchmark from the seven-day reverse-repo rate to the overnight rate. Javelin Wealth …

Economy Bloomberg
Japan’s 20-Year Bond Sale Sees Strongest Demand on Record

Japan’s 20-year government bond auction Tuesday saw the strongest demand on record as elevated yields underpinned buying.

Economy Bloomberg
Copper Holds Drop as Traders Gauge Risks From US Tariff Policy

Copper held a modest drop, as traders weighed the risk that a US tariff on imports of refined metal may not be adopted.

Economy Bloomberg
Indonesia Stocks Rebound as Questions Persist Over Market Fix

Indonesian stocks rebounded after authorities moved to stave off a potential two-step downgrade by MSCI Inc., though questions remain over whether the measures go far …

Economy Bloomberg
Stocks Climb in Late Hours After SpaceX’s Earnings: Markets Wrap

Stocks rose in late hours as SpaceX reported solid earnings fueled by a big jump in its artificial-intelligence business.

Economy Bloomberg
Latest Oil Market News and Analysis for Oct. 20

Brent oil whipsawed as traders parse the status of negotiations between the US and Iran.

Economy Bloomberg
How the Buffett Kids Will Shape a $150 Billion Legacy

Warren Buffett, chairman emeritus of Berkshire Hathaway, is worth $150 billion, according to the Bloomberg Billionaires Index. Until recently, a longtime favorite of his, Bill …

Economy Bloomberg
Cboe’s Early Session for Single-Stock Options Makes Debut

Cboe Global Markets Inc. launched pre-market trading in single-stock options, like those on ETFs tracking major stock indexes.

Economy Bloomberg
Amazon Rallies as Morgan Stanley Sees Major AI Upside | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Bailey Lipschultz, Carol Massar and Norah Mulinda. …

Economy Bloomberg
New Zealand’s Year-End Inflation Surge Points to More Rate Hikes

New Zealand inflation likely eased slightly in the third quarter, but the respite is set to be short-lived as a weaker currency and surging oil …

Economy Bloomberg
Traders, Economists Boost Bets on Canada Rate Hike Next Week

More economists and traders expect the Bank of Canada to hike interest rates next week after the central bank’s latest surveys showed inflation expectations rising.

Economy Bloomberg
Inside a Packaging Industry Mega-Deal

Silgan is teaming up with American Industrial Partners to acquire Trivium Packaging in a deal valued at about $3.4 billion dollars. Silgan President and CEO …

Economy Bloomberg
Walmart Sells US Debt, Eyes Canadian Market as Spending Grows

Walmart Inc. is selling US dollar bonds for a second time this year and sounding out investors for a debut Canadian debt offering as the …

Economy Bloomberg
BOC Surveys Show Rising Inflation Expectations, Passthrough

Bank of Canada surveys showed inflation expectations moving higher, and more evidence that firms plan to pass on higher input costs to customers.

Economy Bloomberg
The Copper Rally Faces a Tariff Test

Copper has surged amid tariff fears, but the rally may be vulnerable if U.S. trade measures don't materialize. Invesco's Kathy Kriskey joins Blooomberg Open Interest …

Economy Bloomberg
Pakistan’s Growth Slows as Middle East Crisis Tests Recovery

Pakistan’s economy grew less than expected in the last quarter of the financial year to June, signaling a loss of momentum in the recovery as …

Economy Bloomberg
China Plans to Adopt New Policy Rate That May Open Way to …

China’s central bank signaled its overnight reverse repurchase rate will replace the current seven-day rate as the new policy benchmark, in another step that aligns …

Economy Bloomberg
Philippines Summons China Envoy Over ‘Use of Force’ Threat

The Philippines said its top diplomat summoned China’s envoy to protest his remarks on use of force amid their maritime dispute in the South China …

Economy Bloomberg
Lindt CEO Exits as Swiss Chocolate Maker’s Slump Deepens

Lindt is on the search for a new chief executive officer as it revamps management to try to engineer a turnaround through one of the …

Economy Bloomberg
Wheat Falls Even as Strikes Signal Russia-Ukraine Deal Unlikely

Wheat futures touched the lowest in more than two months even as weekend strikes between Russia and Ukraine made any deal to restart exports from …

Economy Bloomberg
Vietnam Plans Index Options for Next Year After FTSE Upgrade

Vietnam aims to introduce stock index options in the first quarter of next year as the country seeks to deepen its capital markets and attract …

Economy Bloomberg
Indonesia Said to Meet Monday With MSCI Over Shock Index Threat

Indonesian officials plan to meet with MSCI Inc. executives on Monday, according to people familiar with the matter, after saying they were blindsided by the …

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