Category: Money

World Money and Markets in the news

China Rate Cut: PBOC Unexpectedly Cuts One-Year Policy Rate

The People’s Bank of China lowered the cost of its one-year policy loans by the most since April 2020, decreasing…

Markets in 3 Minutes: China’s Rate Cuts and the Mighty Yen

Anna Edwards, Kriti Gupta, and Rachel Evans break down today’s key themes for analysts and investors on "Bloomberg: The Opening…

AI Bets Unwind & Biden Says Time For ‘Younger Voices’ | Daybreak: Europe 25/07/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…

Auto Earnings: Nissan & Stellantis Hit the Brakes, Renault Speeds to Highest-Ever Profitability

Renault has reported its highest-ever profitability in the first half, as the automaker benefited from healthy demand for more expensive…

China Highlights ‘Peacemaker’ Role in Palestine, Ukraine Talks

China is playing up its role as a "peacemaker" on the global stage, having brokered a unity deal among Palestinian…

Obama Plans to Reportedly Endorse Harris for President Soon

US President Joe Biden has made his first public remarks since ending his re-election campaign. It comes as NBC News…

President Biden’s Oval Office Address: Key Takeaways

US President Joe Biden used his Oval Office speech on Wednesday night to define his legacy and explain his wish…

China Makes Another Rate Cut; Tech Falls as AI-Frenzy Wanes | Bloomberg: The China Show 7/25/24

“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and…

Kenya Names Opposition Leader as Finance Minister

Kenyan President William Ruto named John Mbadi as finance minister, as he extends an overhaul of his administration in an effort to end anti-government…

AI stock selloff hits Asia | Bloomberg Markets: Asia 07/25/2024

"Bloomberg Markets: Asia" is the definitive guide to the markets in Hong Kong and on the mainland. Paul Allen brings…