Global Finance Chiefs Urged to Keep Calm as Trade War Escalates
Visitors look on as a container ship passes through the Aqua Clara locks while transiting the Panama Canal.…
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
The People’s Bank of China in Beijing. Bloomberg (Bloomberg) — Chinese authorities pledged to make it easier for…
The Great Debasement Debate Is Rippling Across World Markets
(Bloomberg) — Beneath the surface of the short-term ups and downs of financial markets, a longer-term repricing of…
US Trade Talks May Be Cracking India’s Opposition to GM Crops
(Bloomberg) — In a world where an ever-growing portion of grains is grown from genetically modified seeds, India…
Australia Revamps Pension Tax for Wealthy Savers After Blowback
(Bloomberg) — Australia’s government has rolled back some of the most contentious elements of a planned tax on…
Apple’s Health and Fitness Teams Report to Eddy Cue in Reshuffle
Apple is set to reorganize its health and fitness divisions under its Services group, according to a new…
Oracle Sinks on Report Its Cloud Margins Are Lower Than Expected
The Oracle offices in Redwood City, California. (Bloomberg) — Oracle Corp. shares tumbled after a report that the…
Bond Traders Dare to Go Longer Before 4% Yield Disappears
(Bloomberg) — Bond investors have ridden a profitable playbook this year to score big wins on Federal Reserve…
Asia PMIs Split as South Korea, Vietnam Weather Trump Tariffs
(Bloomberg) — Manufacturing across Asia was split last month, with activity improved in South Korea and steady in…
Dmitry Balyasny Has 3 Pieces of Advice for Young Finance Professionals
Dmitry Balyasny said chasing a big paycheck is the wrong reason to get into finance, because people who…
Chinese Industrial Profits Jump in August, Reversing Drop
(Bloomberg) — Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and…
Chinese Savers Have $23 Trillion and Few Options Beyond Stocks
(Bloomberg) — Chinese households are tiptoeing back into equities, driven in part by a stark reality: Almost nothing…