Bloomberg
Bank of Canada Keeps Rates at 5%, Highest in 22 Years
The Bank of Canada left its benchmark overnight lending rate at 5% on Wednesday the highest level in 22 years. The pause was expected by markets and economists, and marks the fourth time officials sat on the sidelines during this rate...
Bloomberg
China Mulls New Stimulus, Higher Deficit to Hit GDP Goal
Bloomberg has learned that China's government is prepares to unleash a new round of stimulus to help the economy meet its growth target, and is also considering raising its budget deficit. Stephen Engle reports on Bloomberg Television.
Bloomberg
Robertson Stephens' Garretty on US Shutdown
Jeanette Garretty, chief economist at Robertson Stephens, discusses the prospect of a federal government shutdown and the economic implications. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Bloomberg
Niger's Ambassador to US Optimistic
Diplomatic and economic sanctions imposed by Niger's neighbors in the wake of a coup are beginning to bite, as the junta begins talks with regional leaders about the political crisis, the nation's ambassador to the US said. Liman...
Bloomberg
Moody's: China's Property Sector Outlook Turned Negative
Kelly Chen, senior analyst at Moody's Investors Service, discusses the prospects for China's property sector. Last week Moody's revised the outlook for the sector to negative from stable as weaker economic growth prospects and continued...
Bloomberg
JPM's Kelly: Fed Would Be 'Unwise' to Hike on Hot ISM Report
"The Fed would be very unwise to raise rates again just because of a short term spike in enthusiasm in the service sector," JPMorgan Asset Management Chief Global Strategist David Kelly says on "Bloomberg Markets: The Close."
Bloomberg
China Asks Some funds to Avoid Net Equity Sales
Chinese authorities are asking some mutual funds to avoid selling equities on a net basis. That comes just one day after financial regulators announced a range of measures to invigorate capital markets and boost investor confidence. Ye...
Bloomberg
Allspring Global Investments' Patel on US Markets
Margie Patel, senior portfolio manager for multi-asset solutions at Allspring Global Investments, discusses her outlook and investment strategies for US markets. She speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg...
Bloomberg
BNP Paribas Is Still 'Overweight' China, Hong Kong Stocks
"We're still overweight China, Hong Kong. But China is going through a crisis of confidence." Manishi Raychaudhuri, Asia Pacific head of equity research at BNP Paribas. shares his views on stocks in China, India and Indonesia. He speaks...
Bloomberg
Searching for Opportunities in Emerging Markets
Zhikai Chen, head of Asian and global emerging market equities at BNP Paribas Asset Management, discusses the opportunities he sees. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
China's Markets Have Good Opportunities: PAG's Shan
"People remain cautious with regard to China's markets, but there are good opportunities over there." Weijian Shan, executive chairman at PAG, discusses investor sentiment in China and where he's finding opportunity. He speaks on...
Press Association
Politics daily briefing: August 2
All the latest political news in the UK, as energy industry leaders will gather in Downing Street on Wednesday to discuss economic growth and energy security with Grant Shapps.
Bloomberg
Principal's Shah Sees 5%-10% Pullback for Stocks, Then 'Risk-On'
Principal Asset Management Chief Global Strategist Seema Shah says her firm will be "looking to get risk-on" following a 5%-10% pullback in US equity markets. She speaks on "Bloomberg Surveillance."
Bloomberg
Scott Nathan of DFC on US investment in Africa
Scott Nathan, CEO of the United States Development Finance Corporation, on US investment in Africa speaking at the US-Africa Business Summit in Botswana on 12 July 2023.
Bloomberg
Zambia's Precedent-Setting Deal With Bilateral Creditors
Three years after Zambia defaulted on bonds, the country announced it reached an agreement to restructure its $6.3 billion debt with key creditors. Colin Coleman, a former Goldman Sachs CEO of Sub Saharan Africa and a fellow at the...
Bloomberg
Asia Frontier Capital's Desai on Frontier Markets
Asia Frontier Capital's Fund Manager Ruchir Desai discusses his outlook on frontier markets. He speaks with David Ingles, Yvonne Man and Rishaad Salamat on "Bloomberg Markets Asia".
Bloomberg
ECB's Lagarde Sees Highly Uncertain Growth, Inflation Outlook
European Central Bank President Christine Lagarde explains the downside risks weighing on the central bank's outlook for growth and inflation. She speaks Thursday at an ECB news conference in Frankfurt, Germany.
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Bloomberg
India's Growth Cycle Is Here to Stay: Morgan Stanley's Desai
"India's growth cycle is here to stay." Ridham Desai, head of India research and India equity strategy at Morgan Stanley, discusses India's stock markets and his outlook for the economy. He speaks on Bloomberg Television.
Bloomberg
In Conversation with Andrew Forrest
Andrew Forrest AO, Executive Chairman, Fortescue discusses with Bloomberg's Erik Schatzker at the 2023 Bloomberg New Economy Gateway Africa in Morocco.
Bloomberg
Fortescue's Forrest Sees 'Huge Potential' in Africa
Fortescue Executive Chairman Andrew Forrest says the company is looking at a range of projects in Morocco because of the potential is sees in Africa. He spoke to Bloomberg's Jennifer Zabasajja at the Bloomberg New Economy Gateway Africa...
Bloomberg
Japan's Sticky Inflation Is Key to a Long-Lasting Bull Market
Investors see Japan's growing acceptance of inflation as the most concrete reason to believe the economy is emerging from decades of little to no growth. Bloomberg's Winnie Hsu joins Rishaad Salamat, David Ingles, and Yvonne Man on...
Bloomberg
HSBC Asset Management on Global Investment Strategy
Xavier Baraton, Global CIO at HSBC Asset Management, explains why investors should extend emerging market exposure. He speaks with Rishaad Salamat, David Ingles and Yvonne Man on "Bloomberg Markets Asia".
Bloomberg
Bank of Canada Delivers Surprise Rate Hike
The Bank of Canada defied expectations by restarting its interest-rate tightening campaign, saying the economy is running too hot.
Policymakers led by Governor Tiff Macklem raised the overnight lending rate to 4.75% on Wednesday, the...
Bloomberg
Ukraine Econ. Min.: Dam Attack Biggest Man-Made Disaster
Ukraine's Economy Minister, Yulia Svyrydenko, tells Bloomberg's Oliver Crook, that the dam destroyed in Ukraine was 'definitely' attacked by Russia and should be considered an 'ecological weapon of mass destruction'. She said it could...