06.05.2024 9:01 Talks in Cairo over a cease-fire deal ended without progress, Arab mediators said, after Hamas failed to formally respond to an Israeli-Egyptian proposal to pause the fighting in Gaza in exchange for a re ... 06.05.2024 9:01 Circumstances suggest that House Speaker Mike Johnson is likely to retain the gavel should fellow Republican Marjorie Taylor Greene carry out her vow to force a floor vote on his removal. ... 06.05.2024 9:01 Sam Ash Music, the instrument retailer that recently announced plans to close its stores, is looking for a buyer to keep the chain and its online retail presence going, CEO Richard Ash said. ... 06.05.2024 9:01 ABC News President Kim Godwin stepped down, months after a corporate restructuring that effectively stripped away much of her management autonomy. ... 06.05.2024 9:01 Former Starbucks boss Howard Schultz said the coffee giant needs to renew its focus and own its shortcomings after the company delivered disappointing earnings results last week. ... 06.05.2024 9:01 A new Boeing spacecraft is set to carry astronauts for the first time this week in a major test of whether the much-delayed project is ready to handle NASA missions. ... 06.05.2024 9:01 ... 06.05.2024 9:00 ... 06.05.2024 9:0006.05.2024 8:29 Haidi Stroud-Watts and Annabelle Droulers in Sydney drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)06.05.2024 8:07 Robusta coffee prices have climbed to the highest in 45 years, according to the International Coffee Organization, as a supply crunch intensifies for the variety used in espresso blends and instant drinks.06.05.2024 8:03 European Central Bank Chief Economist Philip Lane said recent euro-area data have made him more certain that inflation is returning to the 2% goal, raising the likelihood of a first interest-rate cut in June.06.05.2024 8:00 South Korea’s financial watchdog said it has so far uncovered 211.2 billion won ($156 million) worth of illegal short trades by nine global investment banks, providing its latest formal update on a probe that began late last year.06.05.2024 7:30 Indian automakers Tata Motors Ltd. and Hero MotoCorp Ltd. could see better earnings in the upcoming quarter, while Japanese firms like Toyota Motor Corp. and Honda Motor Co. benefit from North America sales. Rachel Yeo has more on Bloomberg Television. (Source: Bloomberg)06.05.2024 6:56 Haidi Stroud-Watts in Sydney and Annabelle Droulers in Hong Kong drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)06.05.2024 6:46 Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation.06.05.2024 6:04 Alvin Tan, head of Asia foreign exchange at RBC Capital Markets, explains why he thinks dollar-yen is likely to retest 160 again and probably go through it before year-end perhaps to 165. He speaks on Bloomberg Daybreak: Australia. (Source: Bloomberg)06.05.2024 5:41 Billionaire investor Warren Buffett, at Berkshire Hathaway Inc.’s annual meeting on Saturday, revealed he’d cut his stake in Apple Inc. but said it will remain his firm’s largest investment. Sally Bakewell reports on Bloomberg Television.06.05.2024 5:30 China International Capital Corp. is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures from one of the country’s largest investment banks.06.05.2024 5:0006.05.2024 5:00 The Philippines’ latest line in the sand for the peso appears to have settled halfway between its previous two, with 58 per dollar the new level to defend for the central bank.06.05.2024 4:30 Chinese shares and the onshore yuan climbed on their return from a holiday, with sentiment boosted by Beijing’s supportive policy stance and signs of a continued consumption recovery.06.05.2024 4:28 Oil advanced after a weekly drop as Saudi Arabia hiked selling prices for grades to Asia for the third month in a row, signaling confidence in the outlook with the OPEC+ cartel cutting supply.06.05.2024 4:00 A Chinese program providing state guarantees to developer bonds will be put to the test this week, when payments come due from one of the most indebted builders.06.05.2024 3:32 Asian equity benchmarks gained as risk sentiment improved after softer-than-expected US payroll data revived bets the Federal Reserve will cut interest rates this year. China’s stock market climbed as it reopened after a holiday break.06.05.2024 2:00 BHP Group Ltd. is pulling out the stops to gain support for a proposed tie-up with rival Anglo American Plc, but calculating the true value of the megadeal can be a bit tricky. US natural gas prices have snapped a losing streak. And wheat traders will be watching for the latest US Department of Agriculture estimates on crops, with the grain being of particular interest as North America’s growing season begins.06.05.2024 1:00 Washington’s crackdown shows its leverage over global banking system06.05.2024 0:00 Australia’s central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by a surprisingly tight job market.06.05.2024 0:00 Bond traders welcomed their first clear sign of a cooling US labor market, but it’s only a part of what’s needed to fire up the truly sweeping rally they’ve been hoping for all year.05.05.2024 23:00 The French government will sign a wide-ranging pact with the automotive industry on Monday that sets new targets for electric vehicle sales, just as Chinese President Xi Jinping arrives for a state visit clouded by trade tensions in the sector.05.05.2024 17:17 Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus. 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Haidi Stroud-Watts and Annabelle Droulers in Sydney drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)
Robusta coffee prices have climbed to the highest in 45 years, according to the International Coffee Organization, as a supply crunch intensifies for the variety used in espresso blends and instant drinks.
European Central Bank Chief Economist Philip Lane said recent euro-area data have made him more certain that inflation is returning to the 2% goal, raising the likelihood of a first interest-rate cut in June.
South Korea’s financial watchdog said it has so far uncovered 211.2 billion won ($156 million) worth of illegal short trades by nine global investment banks, providing its latest formal update on a probe that began late last year.
Indian automakers Tata Motors Ltd. and Hero MotoCorp Ltd. could see better earnings in the upcoming quarter, while Japanese firms like Toyota Motor Corp. and Honda Motor Co. benefit from North America sales. Rachel Yeo has more on Bloomberg Television. (Source: Bloomberg)
Haidi Stroud-Watts in Sydney and Annabelle Droulers in Hong Kong drive to the Asia, Australia and New Zealand market opens while wrapping the biggest stories of the previous day on Wall Street. (Source: Bloomberg)
Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation.
Alvin Tan, head of Asia foreign exchange at RBC Capital Markets, explains why he thinks dollar-yen is likely to retest 160 again and probably go through it before year-end perhaps to 165. He speaks on Bloomberg Daybreak: Australia. (Source: Bloomberg)
Billionaire investor Warren Buffett, at Berkshire Hathaway Inc.’s annual meeting on Saturday, revealed he’d cut his stake in Apple Inc. but said it will remain his firm’s largest investment. Sally Bakewell reports on Bloomberg Television.
China International Capital Corp. is planning to demote some of its senior bankers and cut their pay, people with knowledge of the matter said, an unusual move that could lead to voluntary departures from one of the country’s largest investment banks.
The Philippines’ latest line in the sand for the peso appears to have settled halfway between its previous two, with 58 per dollar the new level to defend for the central bank.
Chinese shares and the onshore yuan climbed on their return from a holiday, with sentiment boosted by Beijing’s supportive policy stance and signs of a continued consumption recovery.
Oil advanced after a weekly drop as Saudi Arabia hiked selling prices for grades to Asia for the third month in a row, signaling confidence in the outlook with the OPEC+ cartel cutting supply.
A Chinese program providing state guarantees to developer bonds will be put to the test this week, when payments come due from one of the most indebted builders.
Asian equity benchmarks gained as risk sentiment improved after softer-than-expected US payroll data revived bets the Federal Reserve will cut interest rates this year. China’s stock market climbed as it reopened after a holiday break.
BHP Group Ltd. is pulling out the stops to gain support for a proposed tie-up with rival Anglo American Plc, but calculating the true value of the megadeal can be a bit tricky. US natural gas prices have snapped a losing streak. And wheat traders will be watching for the latest US Department of Agriculture estimates on crops, with the grain being of particular interest as North America’s growing season begins.
Australia’s central bank will likely keep its key interest rate at a 12-year high and stick with it for much of the year to restrain inflationary pressures underpinned by a surprisingly tight job market.
Bond traders welcomed their first clear sign of a cooling US labor market, but it’s only a part of what’s needed to fire up the truly sweeping rally they’ve been hoping for all year.
The French government will sign a wide-ranging pact with the automotive industry on Monday that sets new targets for electric vehicle sales, just as Chinese President Xi Jinping arrives for a state visit clouded by trade tensions in the sector.
Saudi Arabia raised the price of its flagship crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus.