Category: Money
World Money and Markets in the news
South Africa Jobless Rate at Two-Year High
South Africa’s unemployment rate unexpectedly rose in the second quarter to the highest level since 2022, reaching 33.5% in the…
UBS CEO Ermotti on Markets Selloff, Earnings, Fed Rates
UBS CEO Sergio Ermotti discusses second-quarter earnings, market volatility and the outlook for Federal Reserve interest rates. He spoke with Francine Lacqua…
Why China’s 48 Million Unbuilt Homes May Prolong Its Property Crisis
A report by Bloomberg Intelligence estimates that at least 48 million homes in China were sold before construction had been…
Great Barrier Reef Teeters on the Brink
Water temperatures around Australia’s Great Barrier Reef are the warmest they’ve been in the past 400 years, according to new…
China Loan Drop Stokes ‘Balance Sheet Recession’ Fears | Bloomberg: The China Show 8/14/2024
“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and…
Japan Set for New Leader as Kishida Steps Aside | Bloomberg Markets: Asia 08/14/2024
"Bloomberg Markets: Asia" is the definitive guide to the markets in Hong Kong and on the mainland. Paul Allen brings…
Japan’s PM Kishida Says He Won’t Seek Second Term as Ruling Party Head
Japanese Prime Minister Fumio Kishida says he won’t run for a second term as leader of the ruling Liberal Democratic Party in…
The Money Doctor | Bloomberg Investigates
A Texas preacher known to many as “The Money Doctor” exploited the trust of his peers by hiding a scam…
How Starbucks India CEO Plans on Winning Over Tea Drinkers
Starbucks India CEO Sushant Dash wants to entice Indians by catering to local tastes. That means instead of focusing only…
Don’t See it Coming Together: Miller on Cease-Fire Talks
Aaron David Miller, Senior Fellow at the Carnegie Endowment for International Peace, discusses the likelihood of an attack by Iran…