CORPORATE ACCOUNTABILITY // WIRE
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BLOOMBERG CORPORATE ACCOUNTABILITY
India’s Diwali Sweet Box Comes With a Bitter Dose of Inflation
Brightly colored boxes of sweets are piling up in shops, offices and homes across India, as they always do around this time. The country is preparing to celebrate Diwali, the main Hindu festival of the year, and exchanging treats is one of…
BLOOMBERG CORPORATE ACCOUNTABILITY
Edelweiss' Rashesh Shah on Indian Markets, Capital Gains Tax
Edelweiss Financial Services Chairman and Managing Director Rashesh Shah calls for the removal of long-term capital gains (LTCG) tax for foreign investors in India. "I think we need to showcase to the foreigners we want them. So I would…
BLOOMBERG CORPORATE ACCOUNTABILITY
KraneShares's Frederick Chu On the Midterm Selloff
Frederick Chu, Asia Director at ETF issuer KraneShares, discusses the Democratic sweep in Congress and how it has made Chinese tech stocks more attractive. He speaks with David Ingles and Yvonne Man on ETF IQ Asia. (Source: Bloomberg)
BLOOMBERG CORPORATE ACCOUNTABILITY
Thailand EV Tax Gets Carmakers Weighing More Local Production
Thailand’s higher taxes on imported electric vehicles are prompting automakers to consider more local production, boosting Bangkok’s drive to become an EV manufacturing hub.
India as an AI hedge? The country's stocks could see robust inflows as markets globally tank
Over the last month, India's benchmark Nifty 50 has gained nearly 8%, outperforming global tech-heavy markets such as South Korea, Taiwan and the U.S.
BLOOMBERG CORPORATE ACCOUNTABILITY
Asia Stocks Sell Off As AI Rout Deepens
"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 Queensland, New Zealand and Hong Kong with Haidi Stroud-Watts and Annabelle Droulers, getting…
The world's best airline is updating its business and first-class experience
Singapore Airlines is rolling out new onboard seating, dining and entertainment options that are part of an over $2 billion Singapore dollar investment.
BLOOMBERG CORPORATE ACCOUNTABILITY
Asia Hedge Funds, Rich Investors Face Steep Losses in AI Selloff
Hedge fund managers and brokers in Asia awoke to panicked clients on Friday after a sharp overnight selloff in US equities reignited concerns that the unwinding of AI bets still has further to run.
BLOOMBERG CORPORATE ACCOUNTABILITY
SoftBank Leads Asia Bond Losses as AI Rout Spreads to Credit
SoftBank Group Corp. led declines in Asian dollar bonds on Friday as a deepening rout in artificial-intelligence stocks extended into credit markets.
BLOOMBERG CORPORATE ACCOUNTABILITY
India’s HPCL Says Booking Tankers for Hormuz Still Complicated
Indian oil refiner Hindustan Petroleum Corp. said it faces challenges booking tankers to transit the Strait of Hormuz to pick up cargoes, even as an increasing number of vessels make the crossing and crude supply from the region rises.
BLOOMBERG CORPORATE ACCOUNTABILITY
Iran War Forces Gulf States to Rethink Oil, US Security and Hormuz
The US election may have changed the course of the Iran war. But Gulf states still need to reduce their reliance on oil, America and the Strait of Hormuz.
BLOOMBERG CORPORATE ACCOUNTABILITY
Poland’s Power Feud Rattles Investors
Prime Minister Donald Tusk is looking to assert his authority a year before elections.
BLOOMBERG CORPORATE ACCOUNTABILITY
Singapore Air Plans More Room for Premium Seats, Including Sofas
Singapore Airlines Ltd. plans to spend more than S$2 billion ($1.6 billion) renovating its long-haul aircraft, including putting in sofas in first class, as the company bets flyers will continue to splurge on air travel despite high ticket…
Renewed U.S.-Iran tension could push oil past $100: Rapidan Energy
Bob McNally predicts that both Brent and West Texas Intermediate futures will jump above $100.
BLOOMBERG CORPORATE ACCOUNTABILITY
Can Japan’s Stock Market Revival Survive the Fear of AI Bubble?
Also, there’s a new way for foreign visitors to get their tax refunds.
BLOOMBERG CORPORATE ACCOUNTABILITY
Decline in Markets as Asia Hit By Major Tech Selloff
Key Asian markets were hit with a major tech selloff following an overnight drop in US technology shares. Bloomberg's reporters as well as veteran tech investor Dan Niles take stock of some of the key moments. (Source: Bloomberg)
BLOOMBERG CORPORATE ACCOUNTABILITY
ECB Deadline Will Show If Lagarde Succession Is a Two-Horse Race
The race to succeed European Central Bank President Christine Lagarde is set to enter a new phase on Friday with a deadline revealing the field of candidates.
BLOOMBERG CORPORATE ACCOUNTABILITY
How China Uses Its ‘National Team’ to Influence the Stock Market
China’s stock market has long been more volatile than Beijing would like. It’s a problem that has taken on greater urgency as the government tries to shift growth away from property and debt and toward technology and innovation. Equities…
BLOOMBERG CORPORATE ACCOUNTABILITY
AI Selloff Drives Asian Stock Markets to Fresh Grim Milestones
Asian markets are notching fresh grim milestones as the artificial intelligence selloff deepened following the Democrats’ decisive midterm election win.
Oil prices rise as investors weigh renewed U.S.-Iran conflict risks after midterm elections
Oil prices rose Friday as investors weighed the risk of renewed U.S.-Iran military escalation after the midterms, alongside prospects for a diplomatic breakthrough.
BLOOMBERG CORPORATE ACCOUNTABILITY
Indian Stocks Gain Haven Appeal as Investors Flee AI Trade
Indian stocks were a lone bright spot in Asia on Friday as the rest of the region slumped on renewed concerns over artificial intelligence.
BLOOMBERG CORPORATE ACCOUNTABILITY
Malaysia’s Najib Set for House Arrest After UMNO Pays Fine
Malaysia’s former Prime Minister Najib Razak is heading home after more than four years in prison for his role in the country’s biggest corruption scandal, after the political party he once led paid a 50 million ringgit ($12.3 million)…
BLOOMBERG CORPORATE ACCOUNTABILITY
US Allies Need a Plan For a Lame-Duck Trump
Conventional wisdom has it that after President Donald Trump suffered a stinging rebuke from American voters this week, losing both houses of Congress, he’s now all the more likely to lash out via foreign policy — the one area where his…
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