Thursday, November 14, 2024
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Bloomberg

Starmer Looks to Win Over Skeptics With UK Plan to Lead on AI

(Bloomberg) -- At his party’s inaugural investment summit last week, UK Prime Minister Keir Starmer positioned himself as a champion...

Reeves Confirms New UK Fiscal Rules Amid Investor Tax Worries

(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves embraced a fiscal overhaul that could allow the UK to borrow as...

China Will Hit Peak Copper Around 2030, Industry Group Says

(Bloomberg) -- China’s copper demand will peak around the end of this decade, according to a state-backed government researcher, offering...

Korea Zinc Surges Even Higher as Investors Await Buyback Result

(Bloomberg) -- Korea Zinc Co. pushed higher on Friday, following a 30% jump the day before, as the market waited...

Carlyle-Backed Rigaku Trades Below IPO Price in Tokyo Debut

(Bloomberg) -- Rigaku Holdings Corp.’s shares fell on debut, even after the results of its offering suggested that investors still...

WiseTech Shares Soar After CEO White Switches to New Role

(Bloomberg) -- WiseTech Global Ltd. shares rebounded immediately after Chief Executive Officer Richard White shifted to a different role in...

Bond Yields Decline as Asian Stocks Fluctuate: Markets Wrap

(Bloomberg) -- Treasuries and major equity benchmarks advanced in Asian trading, with Japan an exception as a stronger yen provided...

Record Defaults Hit $800 Billion Chinese Local Debt Market

(Bloomberg) -- Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors...

Xi’s Stimulus Package Met With Wall of Skepticism in Washington

(Bloomberg) -- President Xi Jinping’s boldest economic stimulus since the pandemic failed to impress global luminaries gathered in Washington this...

China Refrains From Cutting Policy Rate After Record Trim

(Bloomberg) -- China’s central bank kept its one-year policy rate unchanged, after slashing funding costs by the most on record...

Tokyo Inflation Slows Below 2% for First Time in Five Months

(Bloomberg) -- Inflation in Tokyo slowed below 2% for the first time in five months largely due to energy prices,...

Billionaire Sex Saga Is Latest Scandal to Hit Australia CEOs

(Bloomberg) -- The sex-for-investment scandal that swiftly deposed Australian tech billionaire Richard White is just the latest corporate calamity in...

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