Bloomberg Markets
New Zealand’s interest rate decision in late October is “wide open,” according to Reserve Bank chief economist Paul Conway, even as inflation pressures build.
Bloomberg Markets
Singapore must work faster and harder as it competes with other global hubs that manage wealth says the island nation's Deputy Prime Minister Gan Kim Yong. He added that as global supply chains and investment flows shift, Singapore’s important role as a financial hub will provide further opportunities. The Deputy Prime Minister spoke with Haslinda Amin at the New Economy Forum in New Delhi. (Source: Bloomberg)
Bloomberg Markets
China’s yuan is undervalued in real terms because of the country’s flagging domestic economy, and steps to revive demand have fallen far short of what’s needed, according to a senior International Monetary Fund official.
Bloomberg Markets
JPMorgan Chase Chairman and CEO Jamie Dimon discusses the impact of the federal debt on the bond market during an event at the Economic Club of Chicago. (Source: Bloomberg)
Financial Times
AI-related stocks in South Korea and Japan suffer after Wall Street falls on hot US inflation
Bloomberg Markets
India’s Supreme Court is set to hear a challenge Thursday to the country’s contentious voter-roll revision, as opposition parties seek to halt the exercise and scrutinize the conduct of the top election official following days of protests and mass detentions.
Bloomberg Markets
South Africa's Valterra Platinum is the world's largest miner of platinum group metals by market cap, and Valterra's Mogalakwena facility is the world's largest open-pit platinum mine. The company plans to take its operations in a new direction, tunneling down for higher-grade underground ore with a project called Sandsloot. On Bloomberg Chief Future Officer, Valterra Platinum CFO Sayurie Naidoo tells Jennifer Zabasajja why the underground extension is a perfect fit with the company's "value ove
Bloomberg Markets
Platinum group metals (PGMs) are primarily used for catalytic converters in internal combustion engines. So as ICE vehicles are phased out in favor of battery electric vehicles, PGM miners are seeking new markets and applications for their products. On Bloomberg Chief Future Officer, CFO Sayurie Naidoo and CEO Craig Miller tell Jennifer Zabasajja how Valterra Platinum's finance and marketing teams are evaluating investments in new market development. (Source: Bloomberg)
Bloomberg Markets
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. This episode profiles Valterra Platinum CFO Sayurie Naidoo, who leads the world's largest company producing platinum group metals. One year after its demerger from Anglo American, the South African firm is looking ahead to develop new markets for PGMs as the adoption of battery electric vehicles threatens their primary area of demand. (Source: Bloomberg)
Bloomberg Markets
Valterra Platinum Ltd. is nearing a decision that’s likely to take the world’s largest platinum mine underground.
Bloomberg Markets
Brazil’s Senate approved legislation to shorten the workweek without reducing pay, handing President Luiz Inácio Lula da Silva a potential lifeline days ahead of an election he’s trailing.
Bloomberg Markets
Participation in distressed Hong Kong developer New World Development Co.’s debt swap offer came in below its overall target by an early bird deadline for creditors this week.
MarketWatch
Anthropic’s revenue growth appears to be cooling as the company prepares for its public debut, further stoking investors’ AI jitters
Bloomberg Markets
India’s central bank has mounted its strongest defense of the rupee in more than a decade, and said it’s not done yet.
Bloomberg Markets
India’s sale of a controlling stake in IDBI Bank Ltd. to Canada’s Fairfax Financial Holdings Ltd. for nearly $6 billion helps jump-start the South Asian country’s push to reform its banking sector and shows the potential for more dealmaking in its rapidly growing financial industry.
Bloomberg Markets
Japanese Finance Minister Satsuki Katayama warned speculators that she was prepared to take action in the currency market again if needed, after the yen touched its weakest level against the dollar this month following a heating up of US inflation figures.
Bloomberg Markets
Australia’s higher unemployment and unexpected job cuts in September suggest the labor market may be loosening, prompting traders to scale back bets on the Reserve Bank raising interest rates further.
Bloomberg Markets
US Treasuries rallied across the curve as a global equities selloff spurred demand for haven assets.
Bloomberg Markets
Bolivia aims to boost private gold exports while increasing dollar inflows to domestic banks in a reform backed by President Rodrigo Paz that ends a three-year-old system overseen by the central bank.
Bloomberg Markets
A rout in global technology hardware stocks extended Thursday, as Asian chipmakers followed US peers lower on worries over Federal Reserve interest rate hikes and AI funding difficulties.