World News Feed
Latest news from trusted sources around the world
China’s Tongwei Bids to Buy Rival and Hasten Solar Consolidation
Chinese polysilicon giant Tongwei Co. plans to buy a smaller domestic rival, as the industry bids to shrink chronic oversupply of the solar-panel material.
Africa Debt Risk Perceptions ‘Overblown,’ Zambian Official Says
Mispriced risk in African sovereign debt is costing the continent billions of dollars in additional debt-service payments and constraining critical economic growth, according to a …
Japanese Bond Yields Rise, Yen Drops on BOJ Nominations
Yields on Japan’s longer-term bonds climbed further and the yen fell against the dollar, after Prime Minister Sanae Takaichi’s government nominated two new Bank of …
Asian Currencies Hit 16-Month High on Weak Dollar, Yuan Gains
Asian currencies strengthened to a 16-month high on Wednesday, supported by a weaker dollar and steady yuan appreciation.
Indonesia Set to Raise $4.5 Billion as Fiscal Concerns Grow
Indonesia is selling its second round of offshore bonds in months, testing global investor confidence amid concerns over fiscal woes in Southeast Asia’s largest economy.
Polymarket, Kalshi Gamify Truth With Bets on Politics, News
Mention markets are the high-octane, fast-twitch speed competitions of the prediction market world. But they’re just one corner of it. Users of Kalshi and its …
Hong Kong Budget Set to Narrow Deficit With Tech Bets in Focus
Hong Kong Financial Secretary Paul Chan is set to report a significant narrowing of the city’s budget deficit in an annual address, raising expectations for …
Nippon Steel Shares Tumble on Concern Over Massive Bond Sale
Nippon Steel Corp. shares slumped after the company said it planned to sell almost $4 billion of bonds to help fund the acquisition of United …
Memory Boom Drives Korean Stocks’ Breakthrough Past 6,000 Level
Just a month after surpassing the once-unthinkable 5,000 milestone, South Korea’s equity benchmark has crossed another threshold as a surge in global memory demand powers …
New York Life's Goodwin: Affordability, Not Inflation, Is Short-Term Market Catalyst
Lauren Goodwin, Economist and Chief Market Strategist at New York Life Investments, joins Bloomberg Businessweek Daily to discuss the state of the US economy and …
Stocks Rebound After AI Selloff; Health Care Slips Before SOTU | The …
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall …
UBS Now Sees Private Credit Defaults Reaching 15% in Worst Case
A few weeks ago, analysts at UBS Group AG laid out a worst-case scenario for defaults in the private credit sector. Their outlook is even …
Gold Steadies as Traders Weigh Tariff Risks, Rate-Cut Prospects
Gold steadied, as traders weighed uncertainty around US import tariffs and reduced prospects of a near-term cut to interest rates.
Oil Steadies as Traders Await Upcoming US-Iran Nuclear Talks
Oil fluctuated near $66 as traders weighed the odds of a nuclear deal between the US and Iran ahead of talks on Thursday, with a …
Dimon Sees Pre-Crisis Parallels as Rivals Do ‘Dumb Things’
JPMorgan Chase CEO Jamie Dimon, asked about fierce competition across the financial industry, said he’s starting to see parallels to the era before the 2008 …
Elevance Health Executive: Committed to Affordability
Catherine Gaffigan, president of health solutions at Elevance Health, says utilization is a key driver of rising health care costs. She tells Romaine Bostick and …
Stocks Climb Late as Nvidia Rekindles AI Wagers: Markets Wrap
Stocks climbed in late hours on speculation that Nvidia Corp.’s strong outlook will help reignite confidence in the artificial-intelligence trade that has powered the bull …
US Sets Initial Duties on Indian Solar Imports at 126%
The Trump administration set preliminary duties of 126% on solar imports from India after determining the country unfairly subsidized manufacturing.
TBC Uzbekistan Weighs Share Sale to Join IPO Pipeline
TBC Uzbekistan, a digital banking ecosystem, said it’s weighing an initial public offering to support growth, potentially expanding a robust pipeline of state and private …
CECO Environmental Agrees a $2.2 Billion Deal to Buy Thermon
CECO Environmental Corp. has agreed to acquire Thermon Group Holdings Inc., as the filtration company looks to enter the thermal solutions market amid booming demand …
The 25-Year Shift That Made China a Global Superpower
China’s entry into the WTO in 2001 accelerated its rise as a global manufacturing and technology powerhouse, fueled export growth, and helped stabilize global demand …
Shift in Modern Warfare Turns Defense Firms Into Growth Stocks
Time was, military contractors appealed to equity investors for their stodginess — predictable revenue, solid profit margins and reliable dividends. Times change.
Covid, Inflation and the GFC: The Economic Story of a Quarter-Century
From Clinton-era optimism to the dot-com crash, the housing bust, a manufacturing decline that fueled MAGA, and the once-in-a-century shock of Covid, the first 25 …
Fitch Cuts Gabon’s Rating Further Into Junk on Debt Risks
Fitch Ratings has cut Gabon’s credit rating further into junk territory, citing widening government deficits and declining demand for the country’s debt.
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