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China will 'firmly stand' with India against Trump tariffs

China's ambassador to India says China will stand firmly with India and opposes President Trump's tariffs on Indian exports. Kate Kalutkiewicz, a former Trump trade official, says this is China just trying to win the rhetoric game.

Bloomberg

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Getting in the ring with a Chinese robot boxer

China has captured the world's attention in humanoid advancements, challenging the dominance of traditional players like the US, Japan and Korea. Bloomberg Tech: Asia's Annabelle Droulers reports on how China has built an industry so big...

Bloomberg

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Gower: Further upside in gold driven by falling USD

Gold remains in focus as traders weigh the outlook for U.S. monetary policy ahead of Fed Chair Jerome Powell's speech at the annual Jackson Hole gathering. Traders expect the Fed to cut interest rates by at least 25 basis points next month.

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BofA's Tech Chief says AI delivers returns for the bank

Bank of America's Hari Gopalkrishnan says the bank and its customers are seeing returns from AI investments. He discusses the bank's efforts and an MIT study showing that generative AI investments aren't paying off for most enterprises.

Bloomberg

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Meta restructures AI group, again

Meta is restructuring its AI group, splitting it into four teams in a move to accelerate the company's pursuit of superintelligence. Bloomberg's Riley Griffin discusses the details with Caroline Hyde on "Bloomberg Tech."

Bloomberg

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Howard Marks says stocks seem expensive to 'reality'

Howard Marks, co-chairman at Oaktree Capital Management, says he finds stocks expensive "relative to what I call fundamentals, or you might call reality," but says there's no reason to think there's a correction coming.

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Bessent says China tariff status quo 'working pretty well'

Bloomberg's Suzanne Lynch joins Dani Burger on "Bloomberg Brief" to discuss the current 'status quo' in U.S.-China trade, as well as the growing geopolitical tensions stemming from increased Indian purchases of Russian oil.

Bloomberg

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Shein weighs moving back to China

Fast-fashion retailer Shein Group Ltd. has considered moving its base back to China in the hopes that it would help sway Beijing authorities to sign off on the fast-fashion retailer's plans to go public in Hong Kong, according to people ...

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How AI Will Change the Labor Market

From factory floors to trading desks, artificial intelligence is transforming how we work. But is it also taking our jobs?

Bloomberg

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Zambia downplays China-owned mine disaster

An evaluation of the collapse of a waste dam at a Chinese state-owned copper mine in Zambia may have released 30 times more toxic sludge into the environment than previously reported.

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Another Puerto Rico oversight board member fired

The White House has fired another member of the watchdog board that oversees Puerto Rico's finances. The move comes after the White House terminated five of the seven members of the board earlier this month.

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OQEP CFO: Always scouting for big oil partnerships

OQ Exploration & Production says 1H net profit fell almost 11% due to rising finance costs. The Omani energy company also reported revenue remaining flat despite lower oil price pressures.

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UK economy grew faster than expected in second quarter

Victoria Clarke, UK chief economist at Santander CIB, examines the UK economy as gross domestic product rose 0.3% in the second quarter, beating the 0.1% forecast by both private-sector economists and the Bank of England.

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Gold jeweler selling 'royal' designs is defying China's economic slump

In a year when traditional luxury brands are struggling to attract buyers in the Chinese market, one notable exception has emerged: gold. Laopu Gold, a homegrown brand, has surged in popularity with its stock price skyrocketing.

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U.S. seeing rolling pockets of inflation, says Schwab's Sonders

Liz Ann Sonders, chief investment strategist at Charles Schwab says to expect to see a wider range of dissent within the Federal Reserve going forward. She also discusses the effects of the implementation of the Trump administration's ta...

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Dubai's booming housing market shrugs off ghosts of 2009

The Dubai real estate market has been booming since 2020, with some observers wondering if it is a bubble ready to burst, while others point to stringent lending rules and maturing market regulation.

Bloomberg

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Bessent dismisses China investing in U.S. for a trade pact

Treasury Secretary Scott Bessent dismissed the possibility that Chinese investments in the US could be part of any trade pact. He said his "sense is no" to China making pledges worth billions of dollars like Japan, South Korea and the EU...

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EV fast charging more expensive than gasoline in Europe

BloombergNEF's analyst Madeleine Brolly breaks down the the costs of charging your EV car at home or at a fast public charger and looks at where the cost of refueling with electricity is more expensive than pulling up to a petrol pump.

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Economist: Markets looking 'wobbly' on inflation expectations

Torsten Slok, chief economist at Apollo, says markets are pricing that inflation expectations "have almost become unanchored already," and warns about the message seen in a move higher in ISM Services paid data over the last several months.

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BofA says record number of investors find stocks overvalued

A global survey by Bank of America Corp. finds a record share of fund managers seeing U.S. stocks as too expensive after the sharp rally since April lows.

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BBVA to maintain takeover bid for Sabadell

BBVA has decided to maintain its takeover offer for Banco Sabadell despite investor backing for the rival's decision to sell its UK unit TSB. Sabadell held a shareholder meeting last week which supported the TSB sale to Banco Santander.

Bloomberg

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JPMorgan's Hui on China's anti-involution drive

China's electric vehicle makers and food delivery giants are in a fierce price war. JPMorgan's Asset Management APAC Chief Market Strategist Tai Hui describes China's attempts to reduce excessive competition as "adventurous."

Bloomberg

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What a Trump bid for cut of chip revenue means for China

A revenue-for-exports deal between the US government and two of the world's biggest chipmakers opens a new front in a trading regime turned upside down by Donald Trump. Bloomberg's Minmin Low and Tom Giles break down what we know so far.

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What is China's 'anti-involution' campaign?

China's electric vehicle makers and food delivery giants including BYD Co. and JD.com are locked in a fierce price war, prompting government concern over deflationary pressures and long-term sustainability. In response, President Xi Jinp...

Bloomberg

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Saylor: Bitcoin better investment than gold

Michael Saylor, Strategy executive chairman, talks about why he thinks it's safer to invest in Bitcoin rather than gold. He says the digital version of gold, Bitcoin, is better than the actual physical gold because you can't put a tariff...

Bloomberg

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Chicago faces $11.6B pension hit from new state law

A new law aimed at raising pension benefits for some Chicago police and firefighters risks further straining the city's finances, according to S&P Global Ratings. Bloomberg's Shruti Singh reports.

Bloomberg

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Tanger CEO: U.S. consumer is still strong

Stephen Yalof, Tanger CEO, says consumers are showing up at shopping centers despite tariff concerns, while some brands did raise their base price, consumers are still able to get the best prices from mark downs.

Bloomberg

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Glencore scraps plan to move primary listing to New York

Glencore Plc scrapped plans to move its primary listing away from London and reported a fall in its first-half profits, weighed down by weak prices for some of its most important products.

Bloomberg

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Trump says U.S. close to trade deal with China

President Donald Trump's threatened tariffs, which has left officials in New Delhi feeling unsure of how to respond. Meanwhile, US President Donald Trump has said he is "getting very close to a deal" with China to extend the trade truce ...

Bloomberg

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Badly bruised universities are rushing to cut deals With Trump

As a growing number of the wealthiest US colleges capitulate in their battles with the Trump administration, the strain from lost and frozen federal funding is putting pressure on the remaining holdouts to cut a deal.

Bloomberg