(Bloomberg) — China’s economy surprised with signs of improvement even as deflationary pressures persisted and employment weakened, throwing fresh doubt over the likelihood of further monetary stimulus by Beijing in the face of higher US tariffs. Most Read from Bloomberg Factory activity and construction had their strongest month of the second quarter in June, according…
(Bloomberg) — South Korea called for a “mutually beneficial” agreement on trade with the US during its new trade minister’s first trip to Washington this week. Most Read from Bloomberg Yeo Han-koo held talks that concluded Friday with US Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer and Interior Secretary Doug Burgum, as well as…
Note: This post is an Op-Ed and shares the author’s personal views. Hey, if you’re a celebrity who’s attending the wedding of Jeff Bezos and Lauren Sànchez, I don’t want to hear about your “activism” ever again. Pool / Getty Images This weekend, the couple is getting married in an obscene, multiday event in Venice…
(Bloomberg) — With technology stocks powering major US indexes toward record highs, technical analysts see the makings of a selloff in the coming months unless more sectors join the rally. Most Read from Bloomberg The S&P 500 (^GSPC) Index’s furious rebound from its tariff-fueled April slide has left it less than 1% from an all-time…
(Bloomberg) — Omead Afshar, a powerful executive at Tesla Inc. and one of Elon Musk’s closest confidants, has left the company, according to people familiar with the matter, the latest high-level departure during a volatile period for the electric vehicle maker. Most Read from Bloomberg News of the exit has circulated internally among some employees…
(Bloomberg) — Platinum surged to its highest level since 2014 as supply concerns and a wave of speculative buying jolted the market. Most Read from Bloomberg High Yield Savings Offers Powered by Money.com – Yahoo may earn commission from the links above. The precious metal surged as much as 4.6%, while palladium was up more…
A blistering recovery in Hong Kong’s initial public offering (IPO) market this year has delivered a bonanza for investors, with returns above 30 per cent bucking a sluggish economy and languid property market. Holding new shares from the 34 companies that have pulled off offerings in 2025 would generate an average return of 34 per…
(Bloomberg) — US equities investors are reluctant to seek safety amid flaring geopolitical tensions, raising the risk of getting caught off guard if the conflict between Israel and Iran takes an unexpected turn in the days ahead. Most Read from Bloomberg Normally, this level of anxiety would be enough to send money managers scurrying into…
(Bloomberg) — Almost 10 days since President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they’ll receive crucial magnets from China — and whether Washington, in turn, will allow a host of other exports to resume. Most Read from Bloomberg While there has been a…
(Bloomberg) — The perils of trade and geopolitics will only slow the rally in European stocks rather than derail it, according to Wall Street strategists. Most Read from Bloomberg The Stoxx Europe 600 Index (^STOXX) is expected to end the year around 557 points, according to the average of 19 strategists polled by Bloomberg. That…