Bloomberg
Hong Kong Economy Set to Resume Growth This Year: Chief Executive Lee
Hong Kong Chief Executive John Lee discusses the state of the city's economy and its outlook as he delivers his policy address. (Excerpt)(His remarks are translated)(Source: ITC)
Bloomberg
AlphasFuture's Sharma on Market Outlook
Geetu Sharma, Founder and Investment Manager of AlphasFuture, discusses the impact of geopolitical uncertainty on global markets. She speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Kolanovic Says Soft-Landing Talks Resembles 2007 Cycle
Investor cheer around a looming end to the Federal Reserve's interest-rate hikes, consumer resilience, labor-market strength and prospects for an economic soft landing are similar to sentiment in 2007 ahead of the global financial...
Bloomberg
US Core PCE Rises at Slowest Monthly Pace Since Late 2020
The core personal consumption expenditures price index, which strips out the volatile food and energy components, rose 0.1% in August, the slowest monthly pace since late 2020, while consumer spending and income both saw a gain of 0.4%....
Bloomberg
BlackRock CEO Fink Sees US Avoiding Recession Until 2025
BlackRock CEO Larry Fink says the US has "a very vibrant economy" and may not enter a recession until 2025. He made the comments during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
Bloomberg
US Economy: 2Q Spending Slumps, GDP Unrevised at 2.1%
U.S. personal consumption was revised downward to 0.8% in the second quarter from a previous reading of 1.7% as economic growth rose at an unrevised 2.1 in the three months from April to June. Initial jobless claims increased slightly...
Bloomberg
Sen. Whitehouse: Very Good Chance of US Government Shutdown
Senator Sheldon Whitehouse, (D) Rhode Island, says there is a "very good chance" of a government shutdown. He speaks on "Balance of Power."
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles...
Bloomberg
RBC's Calvasina Is Bullish on the Energy Sector
Lori Calvasina, RBC Capital Markets head of US equity strategy, says she's still bullish on energy stocks. She says valuations are very compelling and earnings revisions are starting to improve.
Follow Bloomberg for business news &...
Bloomberg
US GDP Rises by a Revised 2.1% in Second Quarter
US gross domestic product rose at a downwardly revised 2.1% annualized pace in the second quarter. Meanwhile, household spending was revised higher, to a 1.7% pace. Bloomberg's Michael McKee reports on "Bloomberg Surveillance."
Follow...
Bloomberg
Franklin Templeton's Tan On Asia Investment Strategy
Franklin Templeton Institute APAC Investment Strategist Christy Tan thinks the path for China to loosen monetary policy has widened. She speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia".
Bloomberg
UK Latest: Retail Sales Fall More Than Expected
Retail sales in the UK fell more than expected last month. A spell of cool and rainy weather kept people out of shops. Lizzy Burden reports on Bloomberg Television.
Bloomberg
Travel + Leisure CEO Expects Airfares to Stay High
Travel + Leisure CEO Mike Brown says long-haul travel to Europe was very strong this summer. He says people are taking more cruises now and airfares will likely stay elevated. He's on "Bloomberg Markets: European Close."
Bloomberg
UBS' Brown Says Hawkish ECB Behind Euro's Strength
Evan Brown, head of multi-asset strategy at UBS Asset Management, discusses the outlook for the euro on "Bloomberg Surveillance."
Bloomberg
China Needs Fiscal Stimulus, Standard Chartered Says
Daniel Lam, head of equity strategy at Standard Chartered Wealth Management, talks about China's economy, the government's policies and stocks. Lam says Chinese equities have the appearance of a "high convexity" trade, i.e. limited...
Bloomberg
China Deflation Threat Grows as Companies Cut Prices
Instead of rapid price gains predicted by some economists at the beginning of the year, China is experiencing a rare period of falling prices. Stephen Engle reports on Bloomberg Television.
Bloomberg
Markets in 3 Minutes: US Recession Likely Coming in 4Q
Mark Cudmore and Dani Burger break down today's key themes for analysts and investors on "Bloomberg Markets Today."
Bloomberg
China in Year of 'Middling Recovery': China Beige Book
Shehzad Qazi, managing director at China Beige Book International, discuses the state of the world's second-largest economy, its outlook and the government's efforts to support growth. China is seeking to boost consumption but the...
Bloomberg
US GDP Growth Unexpectedly Rose in Second Quarter
Gross domestic product rose at a 2.4% annualized rate after a 2% pace in the previous three months. US jobless claims fell further and the core PCE price index was below expectations. Mike McKee has the numbers on "Bloomberg...
Bloomberg
Fed Policy Isn't That Restrictive, Vanguard's Davis Says
Joseph Davis, global head of Vanguard's Investment Strategy Group (ISG), says the labor market needs to loosen or the US will still have an inflation problem at the end of the year on "Bloomberg Markets: The Close."
Follow Bloomberg for...
Bloomberg
First Look With Surveillance: China Softens, Xi Urges
Guy Johnson and Kriti Gupta take you through what to watch today.
Bloomberg
CPI Report Shows US Inflation Slowed in May
Both the consumer price index and the core CPI decelerated on an annual basis. Year-over-year inflation is now at its lowest level in two years, according to data from the Bureau of Labor Statistics. Mike McKee reports on "Bloomberg...
Bloomberg
Conference Board's Lundh: Data Signal Shallow Recession
The Conference Board's Principal Economist Erik Lundh reviews the key takeaways from the May consumer data. The Conference Board's index declined to 102.3 in May from a upwardly revised 103.7 in the prior month.
Follow Bloomberg for...
Bloomberg
CLSA on China: Looking for Policy Clarity to Emerge
Eric Fishwick, chief economist at CLSA, discusses the outlook for China's economy and policies. He speaks from the sidelines of the CITIC CLSA Japan Forum in Tokyo with Yvonne Man and David Ingles on "Bloomberg Markets: China Open."...
Bloomberg
Consumers Are 'Hanging in There,' Pimco's Wilding Says
"Inflation is still reasonably robust," Pimco Economist Tiffany Wilding says during an interview with Lisa Abramowicz and Tom Keene on "Bloomberg Surveillance."
Follow Bloomberg for business news & analysis, up-to-the-minute market...