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China’s credit market just suffered its worst selloff in two years as a major conglomerate’s plunge into distress tests the assumption that government ties can protect state-owned firms from financial peril.
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Goldman Sachs Group Inc. Chief Executive Officer David Solomon said a technology supercycle will dominate capital markets and financing activity as deal demand remains robust.
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The heads of Marvell Technology Inc. and Lumentum Holdings Inc. got the blessing of Nvidia Corp.’s Jensen Huang before striking their nearly $103 billion tie-up.
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Goldman’s David Solomon said there will be “bumps” during this technology supercycle, while praising the US economy as resilient. (Source: Bloomberg)
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The US midterms will test President Trump's political power at home and offer clues about the staying power of Trump-style politics globally. In Australia, the far-right One Nation party is surging in popularity with policies that echo…
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State Street Corp. Chairman and Chief Executive Officer Ron O’Hanley said it’s “hard to see” AI as being a bubble yet, with demand supporting the massive investments being poured into the technology.
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Copper and tin fell with other industrial metals, as a renewed selloff in technology stocks in Asia weakened the demand outlook for materials used in data centers and to solder circuit boards.
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Thailand is set to approve a higher excise tax on some fully imported electric vehicles Tuesday, part of a push to protect its auto-manufacturing base and encourage automakers to produce locally.
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Source: Bloomberg, 0:00
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Reliance’s more than $19 billion surge in market value marks the biggest single-day gain for any Indian company.
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DBS Group CEO Tan Su Shan talks about the bank’s aggressive adoption of AI, how the Binance hack shows the need for tightening cyber hygiene, as well as the growth in wealth flows in both Singapore and Hong Kong. She speaks exclusively to…
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Apple has delivered a forecast for the holiday period that topped Wall Street estimates, even as it failed to impress investors who have bid up the shares in recent months. For more on a mixed first report card under new CEO John Ternus…
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Eric Adler, CEO of L&G Asset Management, discusses his outlook and strategy for business growth in APAC. He speaks exclusively with David Ingles and Yvonne Man on the sidelines of the Hong Kong Monetary Authority Global Financial Leaders'…
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Jenny Johnson, CEO of Franklin Templeton, discusses her outlook for APAC and global markets, investment strategies, and the strategies for business growth. She speaks exclusively with David Ingles and Yvonne Man on the sidelines of the…
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China's Vice Premier He Lifeng urges Hong Kong to utilize its One Country, Two Systems governance model to foster openness to global trade. (Source: Bloomberg)
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China’s Vice Premier He Lifeng said the nation will continue to support a free and open economic environment in Hong Kong and boost offshore yuan liquidity.
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Apple Inc. reached new sales records in China in the September quarter, softening the blow of rising costs for components like memory and navigating soft consumer demand better than rivals.
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The offshore yuan headed for its first decline in almost three weeks after the People’s Bank of China said it will raise the foreign-exchange reserve requirement ratio from Nov. 15.
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Democratic Party groups lost a bid to temporarily block the Trump administration from pressuring states to set aside mail-in ballots of people the US claims are likely non-citizens, a significant win for federal officials less than 24…
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Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, discusses his outlook for Hong Kong's 3Q growth, and his expectation on the city's exchange fund performance. He speaks with David Ingles and Yvonne Man on the sidelines of…
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Pakistan’s soaring stock market, record foreign reserves and improving credit ratings are signaling an economy on the mend. Beneath the surface, the recovery remains far less convincing.
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Source: Bloomberg, 0:00
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Canadian pulp producer Mercer International Inc. plans to file for Chapter 11 bankruptcy as part of a restructuring that would slash its debt and bring in $400 million of new money.
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