Rubio says Trump wants to end Iran war 'peacefully' even as both sides prepare for strikes
The remarks come as reports suggest that both sides are gearing up for additional military strikes after the U.S. midterm elections.
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BLOOMBERG CORPORATE ACCOUNTABILITY
Global AI Selloff, Small-Cap Pain Push Investors Toward India Large Caps
Software services exporters claim all five top spots in the large-cap index in October.
BLOOMBERG CORPORATE ACCOUNTABILITY
Macquarie Executive Sees AI Fast-Tracking Junior Analyst Careers
Junior research staff at Macquarie Capital need not fret too much about AI taking their jobs, according to an executive at the Australian firm.
BLOOMBERG CORPORATE ACCOUNTABILITY
UBS Asia Wealth Chair: Hiring Selectively Amid Growth
Amy Lo, Asia Chairman at UBS Global Wealth Management and CEO at UBS Hong Kong, says the bank is hiring selectively as Asia Pacific remains a strong growth region. She speaks with Yvonne Man from the Women Chief Executives Summit in Hong…
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Capital Group: Will Open Mideast Office in November
Jody Jonsson, Vice Chair at Capital Group, says the asset manager will formally open its Middle East office this month, citing investment opportunities and a source of client wealth. She speaks with Yvonne Man from the Women Chief…
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China’s 5,000-Ton Digging Machines Are a Trade War Risk to India
China has gotten a lot of bargaining power out of its near-monopoly over rare earths. Now it’s looking to repeat the trick in a more mundane industry – and perhaps squeeze a key Asian rival.
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Singapore’s STTGDC Eyes $2.4 Billion Loan, Adds to AI Debt Binge
Singapore-based data center operator STT GDC Pte. is in talks with banks for a S$3.1 billion ($2.4 billion) syndicated loan, according to people familiar with the matter, as the AI boom continues to fuel demand for debt among companies…
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Japanese groups stage $21bn deal spree to secure gas supplies
World’s second-biggest buyer of LNG targets shale resources on US Gulf Coast amid market upheavals
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China Factory Activity Expands But Ends Streak of Faster Growth
China’s factory activity expanded last month while growing at a slower pace for the first time since July, a private survey showed, in further evidence of the resilience of the country’s export-oriented firms.
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Stevens Endorses Rogers, Alaska Election Suit Tossed, More
Source: Bloomberg, 0:00
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PBOC Conducts Overnight Reverse Repo as Policy Anchor Shifts
China’s central bank launched daily overnight reverse repurchase operations on Monday, kicking off a revamped liquidity framework that establishes the short-term tool as its primary policy anchor.
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Japan’s Katayama Says Ready to Take Steps for Stable FX Market
Japanese authorities are prepared to respond if currency market movements become disorderly, acting in accordance with a standing pact with her US counterpart, Finance Minister Satsuki Katayama said, one day before the US holds its midterm…
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India Voter-Roll Purge Sparks Gen Z Protests Against Modi
What began as a Gen Z agitation against corruption in India’s higher education system has quickly morphed into a much broader challenge to Prime Minister Narendra Modi’s government. At the heart of the discontent is the potential…
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Foreigners Make Record Withdrawal From Taiwan Stocks on AI Rout
Foreign outflows from Taiwanese stocks hit a record in October as a global selloff in artificial intelligence play pushed the island’s benchmark closer to a technical correction.
BLOOMBERG CORPORATE ACCOUNTABILITY
Stevens Backs Rogers, Judge Tosses Alaska Election Suit, More
Source: Bloomberg, 0:00
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Kioxia Shares Tumble After Outlook Suggests Demand Leveling Off
Kioxia Holdings Corp.’s shares fell as much as 15% on Monday after the Japanese memory maker’s cautious outlook disappointed investors, flaring up concerns that the explosive growth driven by artificial intelligence may be leveling off.
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Japanese Stocks Fall on Tech Selloff, Kioxia’s Profit Outlook
Japanese stocks fell, with technology shares taking a hit from a steep selloff in their US peers, while chipmaker Kioxia Holdings Corp. was set to drop after a disappointing profit outlook.
Binance sees $3.64 billion in net outflows as withdrawals resume after massive hack
Binance recorded $3.64 billion in net outflows after resuming withdrawals following a $6.3 billion hack, representing 2.1% of its total assets.
BLOOMBERG CORPORATE ACCOUNTABILITY
Gold Climbs Back From One-Year Low as Dip Buyers Arrest Slide
Gold rose, as lower oil prices offered some respite from inflationary pressures and dip buyers were drawn by the metal’s slide Friday to the lowest in a year.
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Gulf States Fear Iran Retaliation If US Strikes Again
Gulf states fear another US-Israeli attack on Iran could unleash a more destructive war across the region, leaving them to pick up the pieces. Bloomberg's Michael Heath has the latest. (Source: Bloomberg)
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UK Tries to Map Out Risks to Public Services of Extreme Weather
Extreme weather is having a measurable impact on Britain’s public finances as areas including railways, prisons and healthcare are increasingly affected, the UK’s National Audit Office said.
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Burnham Heads to Commonwealth Summit Facing UK Reparations Call
Prime Minister Andy Burnham will travel to the Commonwealth Heads of Government Meeting in Antigua this week, as the UK comes under growing pressure over slavery reparations.
Were Arsenal 'lucky' not to concede penalty at Liverpool?
BBC Sport's Kelly Cates, Danny Murphy and Micah Richards discuss Liverpool's denied penalty claim for a pull on Alexander Isak's shirt by Arsenal defender Jurrien Timber and whether the Reds can feel hard done by.
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The Music Industry’s $20 Billion Public Market Problem
The two public record labels are struggling to excite investors
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