Bloomberg

US Federal Reserve’s tone will give clues on 2019 pace: Decision-Day Guide

Federal Reserve policy makers meeting in Washington will weigh how to describe a moderation in U.S. economic growth as they reinforce expectations for a fourth 2018 hike next month.

Economy News

What’s next for Asian stocks now that midterm’s overhang is gone

The regional equity gauge marched toward a one-month high on Thursday, after a 2 percent rally in the S&P 500 Index. In the end, the Democrats winning the House wasn’t a negative for stocks as some previously feared, at lea

Markets News

Chinese Exports Top Estimates Amid Rush to Skirt Higher Tariffs

Exports rose 15.6 percent in dollar terms in October from a year earlier, exceeding estimates for 11.7 percent Imports surged 21.4 percent, topping the estimate of 14.5 percent.

Economy News

A $240-billion-a-day market is leaving London ahead of Brexit

The City of London is being dealt another Brexit blow. CME Group Inc. is moving its European market for short-term financing, the largest in the region, out of London because the exchange operator wants to guarantee continent

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What the world’s leaders at the New Economy Forum are reading

How do businesses innovate? What can we learn from history? How can we survive the current political climate? How do you understand the U.S. and China?

Economy News

Deadly swine virus in Southwest China scares asian neighbours

Animal health authorities in Southeast Asia have beefed up border surveillance for African swine fever after a third outbreak of the deadly pig virus was reported in China’s southwestern Yunnan province.

swine virus in china, African swine fever, Deadly swine virus, Southwest China, Yunnan province,  hog industry News

Dollar drops, stocks and bonds gain after US midterms: Markets wrap

The dollar retreated, U.S. equity futures jumped and Treasuries climbed as investors mulled the fallout from American midterm elections.

Markets News

Boeing issues advice on plane sensor after 737 Max jet crash

Boeing Co. is advising airlines on procedures to deal with false readings from a plane sensor that authorities say malfunctioned on a 737 Max jet that crashed off the Indonesian coast over a week ago.

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How ‘Super Apps’ may change Asia’s cities, economies

The ability to communicate, shop online, order rides, read books, play games, get food delivery and pay for anything within a single, unified smartphone app is Asia’s defining innovation, technology leaders said at Bloomber

Industry News

SoftBank IPO seek $18 billion from retail investors

SoftBank Group Corp. is seeking to raise a record 2 trillion yen ($18 billion) from Japanese individuals in the initial public offering of its mobile phone unit, targeting investors who often get no interest on their savings,

Industry News

Boeing likely to issue warning for 737 Max operators after Indonesia Crash

Boeing Co. is preparing to send a safety warning to operators of its new 737 Max jets in response to the investigation of last week’s fatal crash off the coast of Indonesia that left 189 dead, said a person familiar with th

Industry News

Republicans Clinch Control of US Senate With Decisive Wins

Republicans kept control of the U.S. Senate, empowering President Donald Trump to appoint more conservative federal judges and agency officials while shielding him from Senate Democratic efforts to investigate his administrat

World News

Former chairman of dad-bebt manager China Huarong arrested

Chinese authorities arrested Lai Xiaomin, who once oversaw more than $280 billion in assets in his role as chairman of China Huarong Asset Management Co.

World News

Oil set for longest losing run since 2014 as supply fears ease

Crude’s poised for the longest losing streak since 2014 as concerns of a supply crunch eased on a forecast for rising U.S. production and waivers for eight countries allowing temporary import of Iranian oil.

Commodities News

Iran oil waivers: How India, other buyers are lining up after US exemptions

Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic’s top customers are preparing to buy.

Economy News

Trade Wars: Paulson Warns of `Economic Iron Curtain’ Between U.S., China

Former U.S. Treasury Secretary Hank Paulson warned of an “Economic Iron Curtain” dividing the world if the U.S. and China fail to resolve strategic differences.

Economy News

Jolt for Trump: Billionaire Democrat Pritzker Wins Illinois Governor’s Race

Democrat J.B. Pritzker, a billionaire and heir to the Hyatt hotel empire, won the Illinois governor’s race, beating incumbent Republican Bruce Rauner, according to projections from FOX and NBC.

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Boeing Is Said Close to Issuing Warning on 737 Max After Crash

Boeing Co. is preparing to send a bulletin to operators of its new 737 Max models warning that erroneous readings from a flight-monitoring system can cause the planes to aggressively dive, said a person familiar with the matt

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Infosys is boring again, and that is a good thing, says chairman Nandan Nilekani

Nandan Nilekani also pointed to Aadhar, India’s biometric national ID system, as an opportunity for companies like Infosys as well as a tool of empowerment for individuals.

Industry News

Southeast Asia’s biggest bank downplays impact of US-China trade war

DBS Group Holdings Ltd.’s chief executive officer said fears about the impact of the U.S.-China trade war are “somewhat overblown” for now as the flow of goods and services remains largely intact.

Economy News

What a Brexit deal can and can’t do for the British economy

The “deal dividend” promised to Britain by Chancellor of the Exchequer Philip Hammond might be tantalizingly close amid signs an amicable divorce from the European Union could be within sight.

Economy News

Investors hunting for Asia opportunities amid technology stock rout

Investors are looking to Asia to snap up opportunities following the global technology stock rout.

Markets News

Bitcoin’s Long-Term Technical Indicators Point to Possible Gains

Bitcoin bulls are in for some long-awaited good news: technical indicators show the biggest cryptocurrency could be poised for gains.

bitcoin, bitcoin news, bitcoin news, latest news

SoftBank’s Son Sees Profit Surge Amid Scrutiny Over Saudi Ties

SoftBank Group Corp. founder Masayoshi Son is starting to see the benefits of his enormous technology investments -- along with the scrutiny that comes from taking money from Saudi Arabia.

Markets News

Asia Stocks Edge Higher at Open; Treasuries Slip: Markets Wrap

Asian stocks eked out modest gains at the open after a mixed U.S. session ahead of midterm elections. Treasury yields ticked higher and the dollar was steady.

Asia Stocks News

Racial bias? Indian IT giant TCS set to go on trial over firing Americans

The company is set to go on trial in California over racial discrimination claims by American workers who lost their jobs at TCS offices in the US because they hadn’t been assigned to any of its clients.

Industry News

Worst rout in seven years may end for Indian bonds amid RBI buying

With India’s central bank emerging as the biggest buyer of government debt, some traders are calling time on a rout that’s lasted more than a year and sent benchmark yields soaring to a four-year high.

Markets News
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