Bloomberg
Pentagon Pledges Thousands of US Drones to Counter China
The Pentagon plans to field thousands of air, sea, and possibly land-based drones in 2025. It wants to counter China's numeric superiority in these types of weapons systems. Meanwhile, a US lawmaker says China's top...
Bloomberg
Sugar Jumps to 11-Year High as Top Trader Sees Shortages
Sugar has surged to the highest in more than a decade. Alvean, the world's largest trader of the commodity, forecast another year of shortages. Ben Sharples reports on Bloomberg Television.
Bloomberg
Modi's Push to Reshape the Global Order
Indian Prime Minister Narendra Modi is looking to assert India's presence on the global stage as global leaders make their way to New Delhi. Sudhi Ranjan Sen reports on Bloomberg Television.
Bloomberg
Japan May Be 'Most Attractive Opportunity' in Asia: AllianceBernstein
"Given the abundance of earnings growth that you'd expect in a weaker yen environment, plus also the added tailwind of corporate reform, that is, I think, making Japan perhaps the most attractive opportunity of all in this region." David...
Bloomberg
Hurricane Idalia Knocks Out Power Across the Southeast
Hurricane Idalia knocked out power to hundreds of thousands of Florida customers, grounding more than 1,800 flights and unleashing floods along far from where it came ashore as a Category 3 storm earlier Wednesday. Ike Ejiochi of ABC...
Bloomberg
Raimondo Says Predictable Regulations in China Needed
US Commerce Secretary Gina Raimondo emphasized the need for a predictable regulatory environment in China as she wrapped up a visit to the nation that was intended to improve economic ties. Eric Martin reports on Bloomberg Television.
Bloomberg
JPMorgan's Badrichani: Can't Ignore Investing in China
Marc Badrichani, co-head of markets and securities services at JPMorgan Chase & Co., discusses the risks of investing in China, his investment strategy and where he's finding opportunity. He speaks on Bloomberg Television.
Bloomberg
Raimondo Says Trade Can Stabilize China Ties
The US Commerce Secretary says trade and transparency should be the foundation for better ties with China. Gina Raimondo was speaking in Beijing. She is the fourth US cabinet official to visit since June. Stephen Engle reports on...
Bloomberg
Powell's Key Signals From Jackson Hole
For the first time, Federal Reserve Chairman Jerome Powell has acknowledged progress on super-core disinflation and hinted multiple times that real interest rates are already quite restrictive. Vonnie Quinn reports on Bloomberg Television.
Bloomberg
The Fed's Job Is Not Done Yet: HSBC's Neumann
"The Fed's job is not done yet." Frederic Neumann, chief Asia economist and co-head of global research for Asia at HSBC, discusses his key takeaways from the Federal Reserve's Jackson Hole meeting, US jobs data and stimulus in China. He...
Bloomberg
US-China Tensions Weigh on Apple's Supply Chains
Apple's major suppliers list in 2022 shows that 80% of its manufacturing partners have a footprint in China, but as the company seeks to diversify its supply chain, that list is set to change and could mean higher prices for consumers....
Bloomberg
3M Tentatively Agrees to $5.5B Over Military Earplugs
3M Co. has tentatively agreed to pay more than $5.5 billion to resolve lawsuits, claiming it sold defective combat earplugs to the US military, according to people familiar with the deal. Su Keenan reports on Bloomberg Television.
Bloomberg
Jacob Frenkel: Fed Has Done a 'Spectacularly Good Job'
Jacob Frenkel, former governor of the Bank of Israel who was also chair of JPMorgan Chase International, discusses the state of the global economy, and policies of central banks including the Federal Reserve. Frenkel, chairman emeritus...
Bloomberg
State Street Favors US Stocks, 'Cautious' on Asia
Lori Heinel, global chief investment officer at State Street Global Advisors, shares her view on financial markets, Federal Reserve policy and the US economy. She also discusses the outlook for China's economy and the implications for...
Bloomberg
US Tech Storms Back; Treasury Yields Hit Highest Since 2007
Technology stocks rallied in the US, outweighing concerns over higher Treasury yields. Alexandra Semenova reports on Bloomberg Television.
Bloomberg
US Recession Is Delayed, Not Canceled, Thornburg Says
Jeffrey Klingelhofer, co-head of investments and managing director at Thornburg Investment Management, discusses the outlook for US and Chinese economies, and the implications for financial markets. He speaks with Paul Allen on...
Bloomberg
Property Sector Keeps Us Defensive on China: Loh
"The property sector keeps us quite defensive on the region." Marvin Loh, senior global macro strategist at State Street, discusses the selloff in Chinese equities, his investment strategy and his outlook for US Yields. He speaks on...
Bloomberg
Evergrande Files for Chapter 15 Bankruptcy in New York
China Evergrande Group, the real estate giant whose default two years ago accelerated a broader property debt crisis in the country, sought Chapter 15 bankruptcy protection in New York on Thursday. Lorretta Chen reports on Bloomberg...
Bloomberg
Intel Scraps $5.4 Billion Deal for Israel's Tower
Intel said it's walking away from its attempt to acquire Tower Semiconductor, abandoning a $5.4 billion deal after failing to win regulatory approval in time. Debby Wu has the details.
Bloomberg
US Treasuries Are 'Still Safe,' HSBC's Major Says
Steven Major, global head of fixed-income research at HSBC, shares his views on Chinese government bonds, US Treasuries and central banks' policies. He speaks with David Ingles on "Bloomberg Markets: China Open."
Bloomberg
Trump Indicted by Georgia Prosecutor in Election Probe
Former President Donald Trump was indicted in Atlanta over efforts to undo his 2020 election defeat in Georgia. David Ingles reports on Bloomberg Television.
Bloomberg
Yellen Sees Path to Easing Inflation
US Treasury Secretary Janet Yellen says she sees a path to easing inflation without hurting employment. Christopher Condon reports on Bloomberg Television.
Bloomberg
Tesla Cuts China Prices Again as Competition Intensifies
Tesla Inc. has rolled out a fresh round of price cuts in China. Craig Trudell reports on Bloomberg Television.
Bloomberg
China Slams Taiwan VP's US Stopovers
China's foreign ministry has criticized the US for allowing Taiwan's vice president to stop over as he travels to and from Paraguay. Cindy Wang reports on Bloomberg Television.