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Emerging-Market Currencies Plunge on Blowout US Jobs Report
Economy Bloomberg
Emerging-Market Currencies Plunge on Blowout US Jobs Report

Currencies in the developing world sank after a blowout US jobs report provided the clearest sign yet that the labor market is breaking out of …

China’s Crowded Solar Industry Pivots to New Areas of Growth
Economy Bloomberg
China’s Crowded Solar Industry Pivots to New Areas of Growth

China’s solar industry is tacitly admitting something it has feared for years: it doesn’t know how to escape chronic overcapacity that has weighed on profits.

AllianzGI Is Said in Exclusive Talks to Buy UOB Asset Management
Economy Bloomberg
AllianzGI Is Said in Exclusive Talks to Buy UOB Asset Management

Allianz Global Investors is in exclusive talks to buy the asset management division of Singapore’s United Overseas Bank Ltd., according to people familiar with the …

Industrial Metals Swing Lower Ahead of Key US Jobs Report
Economy Bloomberg
Industrial Metals Swing Lower Ahead of Key US Jobs Report

Copper slid, and other industrial metals also fell, as caution swept through risk assets before key US employment data that could shape expectations for Federal …

Vingroup’s 1,000% Surge Tests Limits of Vietnam’s Market Boom
Economy Bloomberg
Vingroup’s 1,000% Surge Tests Limits of Vietnam’s Market Boom

Blistering gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally …

Nasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets Wrap
Economy Bloomberg
Nasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets Wrap

Wall Street’s historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields after a solid jobs report …

Oil Steadies After First Drop This Week on Peace Talk Optimism
Economy Bloomberg
Oil Steadies After First Drop This Week on Peace Talk Optimism

Oil steadied after its first decline this week, as optimism over US-Iran peace talks weighed against uncertainty surrounding a ceasefire deal between Israel and Lebanon.

SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
Economy Bloomberg
SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P

S&P Dow Jones Indices will keep its existing eligibility requirements for benchmarks including the S&P 500, closing the door to fast entry for big tech …

Mythos AI Model Finds Hundreds of Vulnerabilities in Firefox
Economy Bloomberg
Mythos AI Model Finds Hundreds of Vulnerabilities in Firefox

Raffi Krikorian, chief technology officer at Mozilla, said that it's important identify and start to close a bunch of critical vulnerabilities to mitigate risks as …

Chip Stock Slump Rekindles Wall Street’s Buy-the-Dip Habit
Economy Bloomberg
Chip Stock Slump Rekindles Wall Street’s Buy-the-Dip Habit

As chipmakers suffered their worst day in more than two weeks, there were signs that some traders are betting the selloff will be short-lived.

Private Credit Deterioration Slow, Contained: Robson
Economy Bloomberg
Private Credit Deterioration Slow, Contained: Robson

Meghan Robson, head of US credit strategy at BNP Paribas, and Sonali Pier, portfolio manager: multi-sector credit at PIMCO, join Katie Greifeld on "Bloomberg Real …

US-Iran Talks Progress Stalls After Hezbollah Rejects Truce
Economy Bloomberg
US-Iran Talks Progress Stalls After Hezbollah Rejects Truce

There was no sign of progress in ceasefire talks between the US and Iran after the worst burst of violence in weeks and as the …

Sunshine Silver Mining Rises 11% After $270 Million US IPO
Economy Bloomberg
Sunshine Silver Mining Rises 11% After $270 Million US IPO

Sunshine Silver Mining & Refining Co. shares opened 11% above their IPO price after the mine owner raised $270 million in an upsized US initial …

AI, Xerox Debt and Canada’s ‘Lost Status’ at Sohn Montreal
Economy Bloomberg
AI, Xerox Debt and Canada’s ‘Lost Status’ at Sohn Montreal

Hedge fund managers and other investors are gathered at a conference in Montreal to pitch the next big thing, and everything from artificial intelligence, biotech …

Nasdaq 100 Slides as Broadcom’s Weak Forecast Halts AI Rally
Economy Bloomberg
Nasdaq 100 Slides as Broadcom’s Weak Forecast Halts AI Rally

A selloff in technology stocks pulled US equities lower on Thursday after results from Broadcom Inc. drove an unwind in the artificial-intelligence trade that had …

Pirelli Denies Short Seller Report on Sales to Russia’s Military
Economy Bloomberg
Pirelli Denies Short Seller Report on Sales to Russia’s Military

Pirelli & Co. SpA denied a report from short seller Grizzly Research LLC that raised concerns about the Italian tire maker’s links to Russia and …

Asia Steps Up Currency Defense as Korea, Indonesia Vow Action
Economy Bloomberg
Asia Steps Up Currency Defense as Korea, Indonesia Vow Action

Asian authorities are ramping up their currency defense as high energy costs and bets that the Federal Reserve will raise interest rates pressure them.

Sunshine Silver Raises $270 Million in US IPO to Restart Mine
Economy Bloomberg
Sunshine Silver Raises $270 Million in US IPO to Restart Mine

Sunshine Silver Mining & Refining Co. raised $270 million in a US initial public offering that priced at the low end of the marketed range, …

Economy Bloomberg
Asean Head Warns of Food Security Challenge

Asean Secretary- General Kao Kim Hourn says the war in the Middle East is a "wake-up" call for the bloc to work together to ensure …

Won Falls to Lowest Since 2009 Even as Korea Pledges Action
Economy Bloomberg
Won Falls to Lowest Since 2009 Even as Korea Pledges Action

The South Korean won fell to the lowest since 2009 even as the government pledged to curb excessive volatility, underscoring the pressure some Asian currencies …

Indonesian Market Rout Deepens as Prabowo Policy Risks Mount
Economy Bloomberg
Indonesian Market Rout Deepens as Prabowo Policy Risks Mount

Indonesian markets tumbled on Thursday, with the rupiah breaching the key 18,000-per-dollar level and stocks hitting a near six-year low, as mounting policy uncertainty and …

Gold Rises as Dip-Buyers Return After Israel-Lebanon Ceasefire
Economy Bloomberg
Gold Rises as Dip-Buyers Return After Israel-Lebanon Ceasefire

Gold pushed higher after Israel and Lebanon agreed to a conditional ceasefire, a possible step toward resolving the wider Middle East conflict that’s upended global …

Dow Average Hits Peak as Old-School Stocks Beat AI: Markets Wrap
Economy Bloomberg
Dow Average Hits Peak as Old-School Stocks Beat AI: Markets Wrap

Wall Street drove a rotation out of chipmakers into several other industries that tend to benefit from a resilient economy after Broadcom Inc.’s underwhelming outlook …

Oil Falls After Israel-Lebanon Ceasefire Even as Clashes Persist
Economy Bloomberg
Oil Falls After Israel-Lebanon Ceasefire Even as Clashes Persist

Oil fell as a conditional ceasefire between Israel and Lebanon offered to ease the way toward a US-Iran peace deal, even as the truce was …

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