This is Bloomberg Opinion Today, a partially distilled recrudescence of Bloomberg Opinion’s post-election opinions. Sign up here . The second coming of Donald Trump is driving America’s friends and enemies a little batty. As Marcus Ashworth puts it: “The rest of the world isn’t waiting around to price in Trump’s ‘America First’ agenda. Emerging market…
The journey to a cashless Hong Kong is going well, that is until someone gets into a cab without first checking the money in her wallet. Chances are, she will be out the door in less than five seconds. Digital payments have made a big dent into the daily lives of the city’s 7.5 million…
Who would the Chinese President Xi Jinping prefer as his next counterpart in the White House? The world’s second-largest economy is repeatedly cited as America’s greatest strategic challenge. Regardless of who wins the election next week, that won’t change. China should anticipate a tougher political climate ahead. Beijing is watching closely to see how the…
This is Bloomberg Opinion Today, a charmingly unique kind of boat filled with Bloomberg Opinion’s opinions. Sign up here . The dating scene has gotten so grim that some people have resorted to passing out “rizzness” cards — that’s rizz + business cards, for those not chronically online — in public. But Dave Lee says…
When it comes to oil and war in the Middle East, the moment to sell has been when the bombs start to fall. The “buy the rumor, sell the fact” adage has held as the market realized that worst-case scenarios would be avoided. Back in January 1991, oil prices plunged just when US warplanes bombed…
Two weeks after a robotaxi event that failed to inspire, Tesla re-pivoted rather more successfully — back to the car business. And yet Wednesday evening’s earnings call echoed the vagueness and confusion that marked that earlier event. Altogether, it tees up a high-stakes fourth quarter and, more importantly, 2025. Tesla beat the consensus earnings estimate…
It’s been a rocky few years for China’s tech sector. The fallout from a government crackdown kneecapped a generation of industry giants and startups alike, and broader macroeconomic headwinds have dampened consumer spending. But against this gloomy backdrop, Xiaohongshu has defied the odds. The fastest-growing social media platform in China saw quarterly sales top $1…
China’s most powerful stock rally in a decade rose out of desperation, but can dissipate just as quickly if met with nothing but empty words. As of Monday, the benchmark MSCI China and CSI 300 indices gained 36% and 27% from their recent lows after top policymakers promised a barrage of stimulus measures at the…
Former First Lady Melania Trump offered a passionate defense of a woman’s right to abortion, including in the late stages of pregnancy — a direct contradiction of the views of her husband, Republican presidential nominee Donald Trump, according to excerpts of her memoir that is scheduled to be released next week. “It is imperative to…
In little more than a week, China’s efforts to crank up its economy have achieved something important: President Xi Jinping changed the conversation about global prospects. The Federal Reserve, usually the principal force driving market sentiment and forecasting, has company. That’s a big shift. For Beijing’s stardom to last, it needs to not only deliver…