Bloomberg Markets
The European Central Bank’s resolve to uphold its inflation-quashing reputation risks luring it into a damaging error when it meets this week, economists warn.
Bloomberg Markets
Asian stocks dropped Monday as AI-related shares sold off after a blistering rally, led by losses in Korean chipmakers SK Hynix and Samsung. Joe Weisenthal and Tracy Alloway from Bloomberg’s Odd Lots podcast join Yvonne Man and Stephen Engle on The China Show. (Source: Bloomberg)
Bloomberg Markets
A raft of IPOs led by Elon Musk’s SpaceX threatens to intensify the condition.
Financial Times
What kind of sanctions could keep a non-human corporation in check?
Financial Times
Going back would create some big new problems but Switzerland provides an alternative model
Financial Times
Russia paused surveillance system after killing of Iran’s Supreme Leader exposed how AI can be used on CCTV data to target enemies
Financial Times
Mathias Cormann warns against fragmented approach as more countries consider duties on tech giants
Financial Times
Value of private equity software acquisitions struck in the first five months of the year tumbles to $50bn
Bloomberg Markets
Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added to inflation concerns.
Financial Times
Chinese leader’s first trip to Pyongyang in 7 years comes as regime has stepped up rhetoric of nuclear expansion
Bloomberg Markets
Forecasts for heavy rains in southern China over the next week are raising the risk of flash floods, potentially inundating crops and damaging rice fields.
Bloomberg Markets
Copper edged up to recoup some of last week’s losses as buying activity in China and flows of metal to the US supported the demand outlook.
Bloomberg Markets
Nvidia Corp. Chief Executive Officer Jensen Huang called a global tech stocks selloff that began last week a buying opportunity, saying the buildout of artificial intelligence has just begun.
Bloomberg Markets
Indonesia’s foreign-exchange reserves fell for a fifth straight month in May, underscoring the cost of policymakers’ efforts to steady the rupiah after its slide to a record low.
Bloomberg Markets
South Korean stocks are expected to bounce back after a drop that triggered a circuit breaker, said Timothy Moe, Goldman Sachs chief Asia-Pacific regional equity strategist.
Bloomberg Markets
Chinese coking coal rose to the highest since 2024 as the aftermath of a deadly mining accident and ongoing safety inspections kept prices elevated.
Bloomberg Markets
Proxies for Japanese pension funds bought a record amount of overseas bonds last month, adding to signs of robust demand for foreign debt even as local yields climbed.
Bloomberg Markets
DBS sees $30 billion-$40 billion coming from the RBI’s swap facilities alone.
Bloomberg Markets
Confirmed Ebola cases in the Democratic Republic of Congo surpassed 500 as health officials struggle to trace exposed contacts and keep patients in care in the country’s conflict-hit east.
Bloomberg Markets
A key coal benchmark for Asia rose to the highest level in nearly two years as Indonesia’s new export rules delayed shipments, tightening supplies just as demand for the power-plant fuel rises with the onset of summer.