Category: Money

World Money and Markets in the news

Taylor Swift Fans Scammed as UK Banks Struggle to Curb Fraud

Hundreds of financial firms are struggling to comply with a new UK regime designed to rein in online payment scams…

Gold Price Nears Record as Markets Await Jackson Hole Speech From Fed’s Powell

Gold was steady near a record high ahead of a speech by Federal Reserve Chair Jerome Powell later this week, which may offer…

China Probes EU Dairy Amid Growing Trade Tensions

China has launched an anti-subsidy probe on dairy imports from the European Union, adding to its targets in the bloc’s…

Blinken Leaves Mideast Without Gaza Truce; Obama at DNC | Horizons Middle East & Africa 08/21/24

US Secretary of State Antony Blinken has left the Middle East without securing a ceasefire deal, highlighting how sharply divided…

Obama Tells DNC the US is Ready for President Kamala Harris | Daybreak: Europe 08/21/2024

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

Markets in 3 Minutes: Leverage Is at a Record in US Bond Market

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

Blinken Leaves Middle East Without Cease-Fire Deal

Secretary of State Antony Blinken left the Middle East late Tuesday having failed to secure a deal to halt fighting between Hamas…

Can China’s EV Sector Survive Price War and Tariffs?

China’s electric car makers are facing pressure on several fronts, with a price war at home and tariffs overseas. Bill…

Why Walmart Is Selling Its Stake in China’s JD.com

Walmart was seeking to raise as much as $3.7 billion by selling its stake in Chinese e-commerce firm JD.com, winding…

Walmart’s JD Stake Sale Plan Drags Asia Stocks | Bloomberg Markets: Asia 08/21/2024

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