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Blackstone Sees India Nearing Tipping Point for Foreign Capital
As Jon Gray recalls it, Blackstone Inc.’s first foray into India started slowly and then ran into headwinds during the global financial crisis.
South Korea’s Justice Minister Nominee Withdraws After Reshuffle
South Korea’s nominee for justice minister has withdrawn from consideration for the role before being confirmed, the second ministerial nominee to pull out in a …
Mark Walter’s Lieutenants Give Prosecutors Firsthand Accounts
Federal prosecutors have collected statements from some of billionaire Mark Walter’s most senior executives as authorities probe dealings at his insurance companies and the investment …
Wall Street Week | India’s Growth Test, Bangalore’s Infrastructure Problem, Cricket Attracts …
This week, a special edition of Wall Street Week from the fastest growing large economy in the world: India. The country's technology sector has helped …
$370 'Home Alone Sundae' on The Plaza's Menu
Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss New York City's Plaza Hotel as it is set to welcome …
'Dressing The Man', 'Preppy Handbook': Must-Read Fashion Books
Bloomberg's Chris Rovzar joins Scarlet Fu and Tom Keene on "Bloomberg Money" to discuss the must-read fashion books. (Source: Bloomberg)
Shoppers Rediscover Joy of Dressing Up, Suit Sales Jump
Bloomberg's Chris Rovzar joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the resurgence in suit sales for both men and women. (Source: …
RFK Jr.-Linked Group Offered Access to US Officials for Fee
A nonprofit group with ties to US Health and Human Services Secretary Robert F. Kennedy Jr. solicited payment from companies in exchange for access to …
When Building Wealth, Don't Be A Hedge Fund: BNY's Levine
Alicia Levine, chief investment officer at BNY Wealth, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss retirement planning, building wealth and asset …
Diversify Capital & 'Let It Run': BNY's Levine
Alicia Levine, chief investment officer at BNY Wealth, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss retirement planning, building wealth and asset …
Mbappé Signs with On
Bloomberg’s Randall Williams says Kylian Mbappé’s move from Nike to On is a major statement for the young Swiss sportswear company and a notable loss …
Specialty Insurer Orion180 Slumps 4.2% After $240 Million IPO
Orion180 Insurance Group Inc. fell 4.2% in its trading debut after the company raised $240 million from an upsized initial public offering.
VW Cuts Profit Outlook After China Sales Slump, Costs Rise
Volkswagen AG lowered its operating margin forecast, reflecting a sharp contraction in the Chinese car market and costs related to its job-cutting plan. The carmaker …
Switzerland Criticizes Russia’s Nestle Grab, Seeks Reversal
Switzerland said Vladimir Putin’s seizure of Russian assets belonging to Nestle SA is a worrying development and it’s working with the company to get the …
China’s Fiscal Pullback Extends to August as Spending Slumps
China’s public expenditure declined at a quicker rate in August, indicating the government was still withdrawing fiscal support for the economy despite cooling growth momentum.
Saudi Arabia Billionaires’ Family Office Dubai Bet Adds to London Exodus
An investment firm for one of Saudi Arabia’s richest families is relocating from London to Dubai, according to people familiar with the matter, the latest …
Turkey Investment Funds: How Pusula, Tera Crisis Sparked Market Panic
Turkish citizens piled into some high-profile investment funds in recent years, lured by extraordinary gains that would make many finance professionals pause.
Turkey Fund Rout Erases $4 Billion From a Rapidly-Won Fortune
For a long time, it seemed little could stop Altunc Kumova, a discreet businessman who became one of Turkey’s richest people after a meteoric rise …
BOE’s Balance Sheet Move Eases Repo Pressure, Barclays Says
The Bank of England’s plans to slow the pace of its bond sales will ease pressure on repo operations as well as providing a tailwind …
FX Market Is Reliably Calm Even as the World Gets More Volatile
Currency volatility has been so low for so long that traders are starting to treat it as the new normal rather than a passing phase.
BOJ Split Vote Sends Bearish Signal on Yen, Strategists Say
The yen dropped after the Bank of Japan’s decision to hike rates as a split vote sent bearish signals, strategists said. The Japanese currency fell …
Yen Extends Declines After BOJ Hikes Rates With Two Dissents
The yen extended declines against the dollar after the Bank of Japan lifted interest rates as expected, with two dissents casting doubts on the outlook …
Vietnam Stocks See Early Foreign Flows as FTSE Upgrade Nears
Global funds are dipping back into Vietnamese stocks ahead of their inclusion in FTSE Russell’s emerging markets universe next week.
Gold Edges Higher as Lower Oil, Fed Hike Temper Inflation Fears
Gold extended its recovery at the end of a volatile week as oil fell, and traders weighed the Federal Reserve’s rate path after its first …
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