Bloomberg Markets

Bank of Japan Raises Benchmark Interest Rate to 1%

Japan's central bank increased its benchmark interest rate to the highest since 1995 and signaled that further policy normalization lies ahead. Bloomberg's Shery Ahn reports from Tokyo. (Source: Bloomberg)

business  3d ago

Bloomberg Markets

Ayub: Markets Always Look at Trump’s Next Focus

Asian stocks wavered as investors gauged whether the US-Iran peace deal can really sustain the relief rally. Bank of Singapore's Head of Managed Solutions Advisory Dubai, Mehvish Ayub spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the risk allocation of the US-Iran war. (Source: Bloomberg)

business  3d ago

Bloomberg Markets

Jardine Matheson to buy back $500M in shares

Lincoln Pan, CEO at Jardine Matheson Holdings, announced a strategic blueprint that includes a share buyback, boosting returns and adding exposure to developed markets. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)

business  3d ago

Bloomberg Markets

Fahmy: Trump Wants to Reshape the Middle East

European allies remained skeptical President Trump's deal with Iran will lead to the re-opening of the Strait of Hormuz by June 19. The deal is also seen straining Trump's relationship with Israel’s PM Benjamin Netanyahu. Dalia Fahmy, Director of International Relations and Diplomacy & Associate Professor of Political Science at Long Island University spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa on the future of the region. (Source: Bloomberg)

business  3d ago

Bloomberg Markets

Strait of Hormuz to Reopen by Friday, Trump Says

US President Donald Trump says the Strait of Hormuz will reopen by Friday, but his European allies don't share his optimism. Bloomberg's Dan Williams and Stephen Stapczynski report on what we know so far. (Source: Bloomberg)

business  3d ago

Bloomberg Markets

Sify Infinit Is Said to Put $391 Million India IPO on Hold

Sify Infinit Spaces Ltd. has put its planned 37 billion rupee ($391 million) initial public offering on hold, according to people familiar with the matter, adding to a growing list of companies delaying share sales because of India’s weak stock market.

business  3d ago

NY Times Business

Japan Raises Rates to 31-Year High to Ward Off War Inflation

Going against Prime Minister Takaichi’s wishes, Japan’s central bank acted amid U.S. pressure, a tanking currency and inflation from energy disruptions.

business  3d ago

Bloomberg Markets

AI Driven Re-Rating Fuels 550% Rally in Kingboard Laminates

Kingboard Laminates Holdings Ltd. has rallied more than sixfold this year as investors bet the Chinese supplier to the printed circuit board industry will emerge as a key beneficiary of the AI buildout.

business  3d ago

NY Times Business

China’s Spending Slowdown Deepens as Households Tighten Their Belts

The unexpected decline in retail sales underscored China’s growing reliance on exports to sustain economic growth as domestic demand continues to falter.

business  3d ago

Financial Times

The human brain is not a machine

This common comparison invites us to see ourselves as sub-optimal alternatives to AI agents

business  3d ago

Financial Times

Economists bet on higher rates as Kevin Warsh takes reins at the Fed

Former financier to chair meeting for first time with inflation well above the US central bank’s target

business  3d ago

Financial Times

JPMorgan plans Chase expansion into Europe’s largest markets

US lender eyes France, Spain and Italy as it aims to grow digital bank

business  3d ago

Financial Times

Strait of Hormuz flow will take ‘weeks’ to resume, largest tanker operator warns

Mitsui OSK Lines boss cautions that fleet owners need to build confidence after US-Iran deal

business  3d ago

Financial Times

Europe’s AI champion Mistral vulnerable to Russian disinformation, study finds

Open-source generative models are worse at removing false news than others, according to Estonian researchers

business  3d ago

Financial Times

Private equity bosses warn of AI threat to bets on law and accountancy

Buyout groups that have invested heavily in professional services face disruption from developing technology

business  3d ago

Financial Times

The price of risk is falling in a more dangerous world

Capital is pouring into insurance because of high returns and low volatility. But some professionals are worried about mispricing

business  3d ago

Bloomberg Markets

The Two Clear Winners Are Iran and Markets

The deal hasn’t had much impact as yet on central banks and rate decisions.

business  3d ago

Financial Times

Hedge funds bet against European carmakers on Chinese competition fears

Long-term debt and equity targeted as tens of billions of euros wiped off sector’s market value

business  3d ago

Financial Times

HR must manage AI bots as well as humans, says Accenture executive

Matt Prebble says businesses will be forced to rethink leadership models

business  3d ago

Financial Times

The reclusive heirs in line for billions when Europe’s top tankmaker lists

Unlikely cast of characters who own half of KNDS set for a windfall as Berlin prepares to buy in at an up to €20bn valuation

business  3d ago