Author: Bloomberg News
A global selloff in longer-dated bonds has finally spilled over into Chinese debt, as easing US trade tensions and Beijing’s efforts to tackle deflation damp demand for the notes.Read More
Turkey is on a global hunt for energy and commodities, leveraging its growing foreign policy clout for an edge in the competition for resources. The aim is to secure access to crucial commodities to power the energy-hungry $1.4 trillion economy at a time of uncertainty about supply chains, and for President Recep Tayyip Erdogan it’s also a way to boost Turkey’s influence and build economic relationships. Bloomberg’s Patrick Sykes reports. (Source: Bloomberg)Read More
President Donald Trump is unveiling an “AI Action Plan,” shaped by Silicon Valley tech leaders who supported his campaignRead More
The European market has shown mixed results recently, with the pan-European STOXX Europe 600 Index remaining relatively flat as investors await developments in U.S. and European trade discussions. Amid these conditions, high growth tech stocks in Europe present intriguing opportunities for investors seeking exposure to sectors driven by innovation and resilience, especially given the backdrop of fluctuating economic indicators and regional trade dynamics.Read More
Duke’s Fuqua School of Business Welcomes Kazakh TalentsRead More
The US-China Business Council’s president says there has to be a trade deal between both countries, and thinks its unlikely Beijing and Washington will walk back on an earlier agreement. He tells Bloomberg’s David Ingles and Yvonne Man that businesses are also pleased about an upcoming meeting between China and Washington next week. (Source: Bloomberg)Read More
Switzerland’s Lonza posted 23% growth in its half-year core profit on Wednesday, beating market expectations, driven by a strong performance in its contract drug manufacturing (CDMO) business and contributions from its Vacaville site in the U.S.Read More
Rolling coverage of the latest economic and financial newsRead More
The New Zealand government passed legislation on Wednesday to regulate the use of ground-based space infrastructure following concerns about foreign actors using it to harm national security.Read More
Ukraine’s parliament passed legislation that will tighten oversight of two key anti-corruption agencies, which critics say could significantly weaken their independence.Read More