Category: Business
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Toril Bosoni, head of oil markets at the International Energy Agency, speaks on Bloomberg Television after the IEA increased its estimates for a record global oil surplus next year for a sixth consecutive month, as OPEC+ continues to revive supplies and demand growth remains subdued. Source: Bloomberg Markets.
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An auction of five-year Japanese government bonds saw the lowest price in line with market expectations even though demand fell slightly as investors mull the Bank of Japan’s rate hike path. Source: Bloomberg Markets.
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Federal Reserve Bank of Boston President Susan Collins says the Fed’s policy rate remains mildly restrictive and she would be hesitant to ease rates further. She speaks at the bank’s annual regional banking conference. (Source: Bloomberg) Source: Bloomberg Markets.
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From the track to the trail — Ducati is going off-road. The Italian bike maker is launching its first motocross lineup, betting that dirt will fuel its next leg of growth. North America CEO Jason Chinnock joined Bloomberg Open Interest to talk about Ducati’s big US push, its milestone 100-year anniversary — and why the…
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China’s purchases of American soybeans appear to have stalled, less than two weeks after the US touted a wide-ranging trade truce that signaled thawing relations between the world’s two biggest economies. Source: Bloomberg Markets.
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Global lenders like Goldman Sachs Group Inc. retracted calls for further monetary stimulus in China this year after the central bank telegraphed more patience in steering an economy still on track to hit growth targets. Source: Bloomberg Markets.
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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Scarlet Fu, Carol Massar and Tim Stenovec. (Source: Bloomberg) Source: Bloomberg Markets.
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Italy’s equity benchmark surpassed its 2007 peak, becoming the last major European index to reclaim declines triggered by the global financial crisis. Source: Bloomberg Markets.
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Nexon Co. expects to post a record full-year operating profit, driven by surging demand for its long-running MapleStory franchise in Korea and its new title ARC Raiders in North America and Europe. Source: Bloomberg Markets.
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UBS says stronger consumer sentiment and a relatively resilient Australian economy are helping fuel dealmaking. Greg Peirce, UBS Co‑Head of Global Banking and Australia & New Zealand Co-Head, shares his outlook and the bank’s investment plans at the UBS Australia Conference on “Bloomberg: The Asia Trade.” (Source: Bloomberg) Source: Bloomberg Markets.