International Monetary Fund Managing Director Kristalina Georgieva says governments must act urgently to address challenges from the energy shock, rising interest rates and record debt piles. Increased spending following the Covid-19 pandemic and the wars in Ukraine and Middle East have pushed some nations "out of the safe zone," Georgieva tells Bloomberg Television. (Source: Bloomberg)
The European Union is preparing so-called safeguard measures that would limit imports of Chinese hybrid vehicles into the bloc in a bid to reduce the trade deficit.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, Bloomberg understands that SpaceX is in talks to borrow $40 billion to buy Nvidia chips in what would be among the biggest-ever debt financings for the AI buildout.
Oil gained as traders weighed increased flows through the Strait of Hormuz against a pickup in Iranian attacks against vessels.
And the Dutch government plans to reduce its investment vehicle’s stake in ABN Amro from 20.7% to 10.5%.
Today's guest: Marguerite Bérard, ABN Amro CEO.
Corrects graphic at 29;47 to clarify that guest was referring to SMEs. (Source: Bloomberg)
Taiwan prosecutors said two Hong Kong residents paid for the surveillance of a lawmaker and his family, and indicted four Taiwanese individuals in a case they described as transnational repression.
Singapore Minister for Foreign Affairs Vivian Balakrishnan tells the Milken Summit Asia that Southeast Asian economies are defying a "crazy world" to post high growth. (Source: Bloomberg)
Malaysia will hold local elections in Malacca on Nov. 14 in what’s set to be a fresh test for Prime Minister Anwar Ibrahim’s Pakatan Harapan coalition, following setbacks in two state polls earlier this year.
Singapore’s top diplomat touted what he called “a moment of great potential” for Southeast Asia, as economies expand rapidly on surging technology demand even as much of the world faces growing uncertainties.
Indonesia’s Constitutional Court dismissed a bid to unseat Vice President Gibran Rakabuming Raka over his educational credentials, keeping former President Joko Widodo’s son in office even as the judges cast doubt on whether he met the requirements to run in 2024.
North Korea said it would not tolerate even a “millimeter” violation of its territory after South Korea conducted mine removal operations along the two countries’ heavily fortified border following an incident in which three South Korean soldiers were injured.
The US Forces in Okinawa paused operations for 48 hours starting at noon on Wednesday and imposed a month-long curfew on military personnel, following the arrest of a US Marine on suspicion of murdering a Japanese woman.
"Balance of Power" focuses on the intersection of politics and global business. On today's show, Lauren French, Senate Majority PAC senior advisor, says the PAC is making spending decisions week by week after pulling out of North Carolina and is looking closely at races in Kansas, South Carolina and Mississippi. Gen. Charles Wald, USAF Retired, says threats against US military bases are not unusual and says the departure of B-1 bombers from RAF Fairford is being depicted “a little bit out of context.” (Source: Bloomberg)
Malaysian Prime Minister Anwar Ibrahim is expected to tackle rising living costs in potentially his government’s last budget before he calls national elections.
Gen. Charles Wald, USAF Retired, says threats against US military bases are not unusual and says the departure of B-1 bombers from RAF Fairford is being depicted “a little bit out of context.” Wald says moving the bombers was a smart precaution and says the growing drone threat is getting significant attention from the US military. Wald says the US can learn from the creativity Ukraine has demonstrated in its use of drones during the war. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)
Lauren French, Senate Majority PAC senior advisor, says the PAC is making spending decisions week by week after pulling out of North Carolina and is looking closely at races in Kansas, South Carolina and Mississippi. French says Democrats may not be able to match Republican spending, but says Democratic candidates are outraising Republicans. French says that the October surprise will be if polling has been accurate or not and believes that Democrats will win Michigan, New Hampshire and Maine. She speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." (Source: Bloomberg)
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF
Just a week ahead of the earnings season, the S&P 500 headed toward its first record close since August. Strong corporate earnings, enthusiasm around the artificial intelligence trade and a US economy that has so far avoided a significant slowdown have fueled a roughly 14% advance in the S&P 500 this year. The rally is getting additional support from lower oil prices, which have helped temper concerns about rising consumer costs.
On today's episode:
Eric Weiner, Bloomberg News Senior Editor for Equities
Sastry Durvasula, Chief Operating Officer at TIAA
Laura Rippy, Managing Partner at Alumni Ventures
Eric So, Author of 'The Collision' & Professor of Economics at MIT Sloan School of Management (Source: Bloomberg)
Kosovo averted a snap election as political parties reached a last-minute agreement to limit the powers of a war crimes court and choose Justina Shiroka-Pula as president.
The Trump administration is reluctant to get more involved in Saudi Arabia’s offensive against the Houthis and has tried to restrain Riyadh from sparking a major new conflict in Yemen, according to people familiar with the situation.
Ellen Milligan, Courtney McBride and Fiona MacDonald
The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are UBS Alignment Partners Managing Director, Wealth Management Alli McCartney, Wedbush Securities Senior VP, Equity Research Alicia Reese, ZScaler CEO, Chairman, & Founder Jay Chaudhry, BlackRock Head of US Wealth & Retirement Business Jaime Magyera, Kayne Anderson Rudnick Portfolio Manager, Senior Research Analyst Julie Biel, Kearney Grocery & Retail, Americas Lead Katherine Black, Hamilton Lane Co-Head of Real Estate Elizabeth Bell, Union Square Advisors President & Co-Founder Ted Smith, Dimensional Fund Advisors Portfolio Management Deputy Head, North America Joel Schneider, & Churchill Asset Management CEO Ken Kencel. (Source: Bloomberg)
Nassim Taleb, author of “The Black Swan” and distinguished scientist at Universa Investments, says gold is becoming more of a reserve currency, because the US dollar is not as reliable as it once was. He speaks at the Greenwich Economic Forum. (Courtesy Greenwich Economic Forum)
(Source: Bloomberg)
President Donald Trump said he has a call scheduled with Russian President Vladimir Putin to discuss a suspected plague case, amid growing global health concerns over the incident.
Skylar Woodhouse, Rachel Cohrs Zhang, Eric Martin and Jason Gale