Deutsche Bank AG saw its fixed income and currencies trading business start “constructively” in the second quarter after some jitters in March, Chief Financial Officer Raja Akram s…
Roh Yong-seok, Vice Minister of South Korea's SME and Startup Ministry, discusses the country's plans and strategy to support and grow domestic startups and enterprises, from injec…
Volvo Car AB’s earnings declined in the first quarter as the Sweden-based automaker grapples with waning electric-vehicle sales in the US and rising competition in China.
European stocks are expected to open broadly lower on Wednesday as investors react to the latest upset for OPEC and renewed concerns over the AI sector.
The UAE has made a shock exit from OPEC blindsiding its partners and diluting the cartel's ability to steer oil prices via supply cuts. Amir Handjani, Non-resident fellow at the Qu…
UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.
Regional uncertainty hangs over the previously booming AI infrastructure and data center sector in the region.
Shares in China’s major rare earths producers advanced after the government unveiled detailed penalties for unauthorized production, marking a fresh effort to bolster Beijing’s “to…
The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking the question of who else could follow.
The array of data the European Central Bank is scrutinizing to pinpoint economic damage from the Iran war is signaling that there’s no cast-iron case to lift interest rates just ye…
Copper advanced as some Chinese buyers replenished stockpiles ahead of a holiday, although concerns about global growth persisted with no immediate sign of a resolution to the Iran…
The question is whether companies have enough stockpiles on hand to ride out the blockade.
Shaojing Tong, CFO at Chinese biotech firm RemeGen, discusses the company's first quarter results and shares his confidence in growth in the domestic market. The company's stock ha…
China’s AVIC Chengdu Aircraft Co., maker of the fighter jets that rose to fame in the India-Pakistan conflict last year, posted record profit in 2025 and saw first-quarter sales ne…
Chinese truckmaker Xuzhou XCMG Automobile Manufacturing Co. is considering listing shares in Hong Kong, people familiar with the matter said.
The United Arab Emirates' move to quit OPEC has blindsided its partners and will dilute the cartel's ability to manage oil prices by adjusting supply. Bloomberg's Joumanna Bercetch…
China has removed Han Jun as the most senior Communist Party official at the agriculture ministry, a sudden move that marks the second such reshuffle in under two years.
The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.
Iron ore rose toward a one-month high, despite a resolution of a dispute between BHP Group and China Mineral Resources Group Co. that had supported prices by putting some supply at…
Amidst trade wars and regional conflict, Bloomberg's Haslinda Amin, Ruth Carson, David Ramli and Karishma Vaswani discuss strategic shifts in Asian wealth flows at an event for Blo…
Bloomberg Opinion's Karishma Vaswani explores ways China could potentially isolate Taiwan, and the possible effects on entire industries in the region. Filmed at an event in Singap…
India’s small-cap stocks are on track for their best month in 12 years, as improved earnings outlook and more attractive valuations draw investors back.
Australia’s New South Wales state will open new areas for gas exploration for the first time in more than a decade, to shore up energy security ahead of shortfalls on the country’s…
Amidst trade wars and regional conflict, Bloomberg's Haslinda Amin, Ruth Carson, David Ramli and Karishma Vaswani discuss strategic shifts in Asian wealth flows at an event in Sing…
The United Arab Emirates’ decision to quit OPEC has blindsided its partners and will dilute the cartel’s ability to manage oil prices by adjusting supply. Bloomberg’s Stephen Stapc…
The rally signals that investors are treating extreme heat as a structural trend.
Mirova SA’s flagship green bond fund exited its position in Philippine debt following a corruption scandal that raised concerns investors may have inadvertently financed flood-cont…
The first-quarter inflation figure was lower than the 4.2% expected by economists polled by Reuters.
UBS Wealth Management's Hartmut Issel shares his views on the Strait of Hormuz blockade and how AI themes factor into portfolio allocations. (Source: Bloomberg)
China’s imports of liquefied natural gas are expected to hit the lowest in eight years, according to ship-tracking data compiled by Kpler, as higher prices triggered by the Middle …
The artificial intelligence rally exploding across Asia is now spreading deeper into the supply chain.
Mitsubishi UFJ Financial Group Inc. will start lending to real estate firms in India and expand its foreign exchange derivatives business in the country’s low-tax hub, as it seeks …
Optimism around tech stocks took hit as the Wall Street Journal reported that OpenAI's revenue and new users growth was below its own targets.
South Korea’s financial watchdog is reviewing all sectors under its oversight for exposure to overseas private credit, according to people familiar with the matter, expanding its p…
Goldman Sachs Group Inc.’s staff in Hong Kong no longer have access to Anthropic’s Claude, an AI agent that speeds the process of writing computer software, according to a person f…
Australian Prime Minister Anthony Albanese said the country wouldn’t “undermine” existing liquefied natural gas export contracts in the upcoming budget, warning that doing so durin…
Fossil fuels staged a comeback in China’s power sector last quarter, as weather variations and grid constraints slowed the growth of clean energy.
Taiwan’s equity market has overtaken Canada’s to become the world’s sixth largest, driven by strong demand for artificial intelligence-linked shares and the rapid rise of chip gian…
Australia’s Woodside Energy Group Ltd. said it expects stronger prices for liquefied natural gas to boost its earnings in coming quarters due to time lags in its supply contracts.
Bill Ackman’s combined initial public offering for his closed-end fund and alternative asset manager raised $5 billion, adding to the billionaire’s war chest for Warren Buffett-sty…
Citadel Securities LLC is expanding in Asia by recruiting a string of high profile hires and plans to bolster its so-called “high-touch” business by allowing Asia clients to trade …
Australian outdoor advertising company oOh!media Ltd. is evaluating a takeover bid from Pacific Equity Partners that values the company at A$746.9 million ($537 million).
The yuan is likely to face its seasonal weakness sooner than usual this summer, say analysts, as Chinese firms seek to lock in favorable exchange rates ahead of a record dividend p…
Ares Management Corp. wrote down the value of loans to three Clearlake Capital Group-owned software businesses, as it warns of difficult conversations ahead with companies vulnerab…
One CEO said people should be using AI to understand their health much more than they already do.
The Department of Homeland Security has been shut down since February, as Congress continues to look for a compromise to fund the agency.
The shock decision by the United Arab Emirates to quit OPEC blindsided its partners of six decades. Now the cartel will have to fight to stay relevant in a fast-shifting global oil…
Gold steadied after a two-day drop as investor focus remained on talks between the US and Iran, with the indefinite closure of the Strait of Hormuz continuing to heighten inflation…
Bank groups said that although the Federal Reserve’s eased capital plans are a major improvement over previous versions, the recent proposals still need changes to help avoid risk …
The world’s top iron-ore producer Vale SA posted disappointing first-quarter results as operational pressures more than offset higher prices and volumes.
Critics say a White House ballroom would be a "vanity" project for President Donald Trump. He and the Department of Justice say it's needed for security.
CNBC's Jim Cramer said he's unfazed by Tuesday's sell-off because that's exactly what the market needs when stocks rise too fast.
Trump had accused the former FBI Director Comey of "calling for the assassination of the president" by sharing the image of the numbers in an Instagram post.
Stocks fluctuated as traders stayed cautious ahead of the Federal Reserve’s policy decision and earnings from megacap technology companies. Crude oil swung between gains and losses…
Oil was steady as investors focused on the next steps for peace talks over the Iran war, with the near-closure of the crucial Strait of Hormuz prolonging disruptions that have upen…
The Pentagon's AI chief discussed the DOD's expanded use of Google Gemini after the blacklisting of Anthropic.
Starbucks' global same-store sales, which only includes cafes open at least a year, increased 6.2%, fueled by more visits to its locations.
New York City's first full-scale casino with live table games opened to gamblers more than a decade after New York voters approved an expansion of gambling.
First Independence Bank Chairman & CEO and Chair of the American Bankers Association Kenneth Kelly discusses the importance of stability in the banking system and why the Fed i…
A Nevada data center project tied to Nvidia Corp. has raised $4.59 billion from a junk-bond sale, adding to a wave of deals to fund artificial intelligence infrastructure.
Booking Holdings Inc forecast worse-than-expected second-quarter revenue growth and cut its outlook for the full year as travel demand suffers from the conflict in the Middle East.
The UAE said it decided leaving OPEC was in its national interest after reviewing its production policy and capacity.
Executives say travelers keep booking despite big jumps in airfare as they seek to cover the cost of fuel.
The Federal Communications Commission has told Disney to file its broadcast license renewals early, citing concerns around its DEI policies.
In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
OpenAI has recently missed its own projections for user growth and revenue, the WSJ reported.
The US has warned banks they are at risk of secondary sanctions if they support Chinese private refiners that buy Iranian oil, cranking up pressure on Tehran even at the cost of fu…
The stock's massive rally in 2026 established a high bar for Tuesday's results.
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
Shares of Nvidia fell a bit on Tuesday after a WSJ report raised questions about OpenAI growth targets and the whole AI complex.
Oil prices rose as investors parsed fresh signals from U.S.-Iran negotiations, with uncertainty over a potential de-escalation keeping markets on edge.
Dimon, who runs JPMorgan Chase, the world's largest bank by market cap, said that today's growing mix of risks could combine in unpredictable ways.
GM CEO Mary Barra said the Detroit automaker continues to monitor any change in customer spending, but so far, the company's vehicle mix has remained healthy.
OpenAI's generative AI models are becoming available on Amazon's cloud a day after the AI company revamped its relationship with longtime partner Microsoft.
JetBlue, United, Frontier and others added service to airports Spirit services after the carrier filed for bankruptcy for the second time in less than a year.
Erasca Inc. shares plunged 48% Tuesday after the cancer-drug developer said one patient withdrew from its clinical trial and later died after suffering severe side effects related …
Many studies show that women are more likely to adopt a conservative approach to investing. In times of market volatility, that tactic can pay off.
The U.S. is being "humiliated" by the Iranian regime, Germany's chancellor has said, as European leaders grow increasingly frustrated at the war with Iran.
Meta heads into earnings Wednesday after the bell with the fundamentals case largely intact. But the technicals are a bit shaky.