Bloomberg Markets
BP Plc said it expects to book impairments of $1 billion related to its gas and low carbon energy business in the second quarter, as the energy giant refocuses on oil and gas.
Bloomberg Markets
The sluggish profit growth that held back European stocks is a thing of the past, with the second-quarter reporting season predicted to show a jump in regional earnings.
Bloomberg Markets
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Bloomberg Markets
India’s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push up oil prices and a developing El Niño raising the risk of higher food costs.
Bloomberg Markets
Bloomberg Markets
President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz and demanded a 20% reimbursement for all other cargo shipped via the waterway. Bloomberg's Stuart Livingstone-Wallace and Marisks CEO discuss the implications. (Source: Bloomberg)
Bloomberg Markets
Brent oil rose above $85 a barrel for the first time in a month, as US President Donald Trump reimposed a blockade on Iranian ships transiting the Strait of Hormuz and demanded payment for all other cargo. Bloomberg's Rong Wei Neo reports. (Source: Bloomberg)
Bloomberg Markets
Analysts expect JPMorgan Chase & Co., Bank of America, Citigroup, Goldman Sachs Group and Morgan Stanley to report nearly $39 billion in trading revenue for the second quarter. Bloomberg's Balázs Penz breaks down the situation. (Source: Bloomberg)
Bloomberg Markets
South Africa’s antitrust regulator approved private equity firm Harith General Partners’ proposal to acquire budget carrier FlySafair.
Financial Times
Business leaders unwilling to embrace technology ‘should play the role of spouse’, says controversial investor
Bloomberg Markets
Andy Burnham has yet to announce his choice for UK Chancellor of the Exchequer, but among the presumptive next prime minister’s leading candidates, Energy Secretary Ed Miliband is seen as the least market-friendly choice, according to the latest Bloomberg Markets Live Pulse survey.
Bloomberg Markets
China’s exports of green-tech products rose by more than a third in the first half of the year, driven by the accelerating global energy transition.
Bloomberg Markets
Indonesia expects S&P Global Ratings’ vote of confidence in its sovereign credit profile to help stabilize the domestic bond market after a selloff in June, according to a top finance ministry official.
Bloomberg Markets
China expelled former Politburo member Ma Xingrui from the ruling Communist Party, accusing him of a wide range of offenses including corruption, abuse of power and trading political favors for sex.
Bloomberg Markets
The South Korean won advanced to its strongest level since May on expectations that dollar inflows from SK Hynix Inc’s American depositary receipts will enter the local currency market.
Bloomberg Markets
Palm oil climbed for a second day as a surge in crude prices fueled by renewed US-Iran hostilities brightened demand prospects for biofuels.
Bloomberg Markets
South Korea plans to relax foreign-exchange rules governing capital transactions in the second half of the year as part of a broader effort to internationalize the won and deepen overseas use of the currency.
Financial Times
Monthly indicators show weakness in retail sales and investment ahead of second-quarter figure
Bloomberg Markets
A first-of-its-kind report by the Australian government finds AI has not yet caused broad disruption in the nation’s labor market. That’s as the rising demand for AI is heightening concerns over the future of white-collar jobs. Scientia Professor of AI at the University of New South Wales Toby Walsh joins "Bloomberg: The Asia Trade" to discuss why Canberra needs to act now to mitigate the impact of AI and prepare workers for change. (Source: Bloomberg)
Bloomberg Markets
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Singapore with Shery Ahn and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)