This unstoppable company has split its shares nine times in the last 37 years, but found itself on the chopping block by a pair of billionaire fund managers in the first quarter.
The UK, Australia, Canada, New Zealand and Norway, sanctioned two Israeli government ministers, Itamar Ben Gvir and Bezalel Smotrich, for inciting violence against Palestinian communities. Bloomberg's Stuart Livingstone-Wallace reports.
(Bloomberg) -- Gold advanced even after the US and China said they had agreed on a plan to ease trade tensions during talks in London. Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNY Long Island Rail Service Resumes After Grand Central FireNYC Mayoral Candidates All Agree on Building More Housing. But Where?Senator Calls for Closing Troubled ICE Detention Facility in New MexicoCalifornia Pitches Emergency Loans for LA, Local Transit SystemsBullion
Switzerland may become the first advanced economy to revive negative interest rates, as inflation turned negative in May for the first time since 2021.View on euronews
Asian shares mostly rose Wednesday after China and the U.S. Japan's benchmark Nikkei 225 surged 0.6% in afternoon trading to 38,450.76. Data from the Bank of Japan data showed wholesale inflation slowed in May, meaning there might be less pressure for the central bank to raise interest rates in its next policy board meeting.
Asian shares mostly rose Wednesday after China and the U.S. Japan's benchmark Nikkei 225 surged 0.6% in afternoon trading to 38,450.76. Data from the Bank of Japan data showed wholesale inflation slowed in May, meaning there might be less pressure for the central bank to raise interest rates in its next policy board meeting.
TOKYO (Reuters) -The Bank of Japan will forego another interest rate hike this year due to uncertainty over U.S. tariff policy, according to a slight majority of economists in a Reuters poll who expect the next 25-basis-point increase in early 2026. Japan's central bank will slow the pace of tapering its government bond purchases from next fiscal year, a majority also said, while three in four surveyed expect the government to cut down on issuance of super-long bonds. The latest results reflect policymakers' apprehension at a time when U.S. President Donald Trump's erratic tariff policies are threatening the economic outlook and as investors are increasingly concerned about Japan's public finances.
Intel shares soared on Tuesday as chip stocks continued to rally amid hopes that curbs on exports to China could be eased. These are the crucial chart levels to monitor.
(Bloomberg) -- Foreign investors are looking with interest at longer-term Japanese bonds, while it remains uncertain when the government will adjust how much of the debt it sells, Morgan Stanley says.Most Read from BloombergTrump’s Military Parade Has Washington Bracing for Tanks and WeaponryNY Long Island Rail Service Resumes After Grand Central FireNYC Mayoral Candidates All Agree on Building More Housing. But Where?Senator Calls for Closing Troubled ICE Detention Facility in New MexicoCalifor
Apollo Global Management's Matthew Michelini says investors in Asia are now considering putting a portion of investment intended for the US into places like India and Australia. He speaks with Yvonne Man on the sidelines of the Bloomberg Invest conference in Hong Kong.