Sep 17 2026
Federal Reserve Chair Kevin Warsh put one thing to rest on Wednesday: He is not President Donald Trump’s sock puppet.
Sep 16 2026
Federal Reserve Chair Kevin Warsh will probably raise interest rates today, as investors overwhelmingly expect. What happens if he doesn’t?
Sep 15 2026
A landmark effort to remake the architecture of American financial regulation to incorporate the cryptocurrency industry is poised for a dramatic showdown today on the Senate floor.
Sep 14 2026
AI leaders have quickly started saying it was time to slow the pace of the technology’s development.
Sep 10 2026
It was a defining issue in Washington’s bygone cryptocurrency crackdown.
Sep 9 2026
Six months into the war with Iran, Wall Street is wary that persistently high energy costs may soon push up prices across the economy.
Sep 8 2026
Trump, Vance and Republican Party honchos will fly to Dallas this week for a convention intended to boost the party’s chances of holding Congress in the midterms.
Sep 3 2026
A looming Supreme Court battle over financial regulation has the makings of a political prize fight.
Sep 17 2026
Chinese customers’ growing desire for personal expression and cultural experiences has raised the game in the country’s hospitality sector, creating opportunities for leading lifestyle hotel brands, according to a director at Hong Kong developer Hang Lung Properties.
“An ideal hotel is the one that can redefine hospitality with personal touches,” said Herman Chui, the company’s senior director of office, hotel and residence, during a media briefing on Wednesday.
“Guests can select a teapot to…
Sep 17 2026
Hong Kong’s property market dodged an immediate hit from the Federal Reserve’s rate hike on Thursday as major local banks kept their prime rates unchanged, but another increase could puncture the market’s relatively fragile recovery, according to industry insiders.
The Fed raised its benchmark rate by a quarter point at its latest meeting on Wednesday in the US, but HSBC and other major Hong Kong banks left their prime rates unchanged.
The decision should have no immediate impact on the local…
Sep 17 2026
The US Federal Reserve raised interest rates for the first time in three years in an effort to quell inflation partly caused by the war on Iran helping to drive up fuel prices.
Policymakers voted unanimously on Wednesday to lift rates by 25 basis points to between 3.75 and 4.00 per cent. Sixteen of 18 committee members also said that they anticipate another rate hike this year.
The increase will help inflation make a “timelier return” to a 2 per cent target, according to a statement, as new Fed…
Sep 17 2026
Before the unexpected intervention in Japan’s foreign exchange market by the US Treasury Department on July 31 – the first time both countries joined forces to support the yen via outright purchases since 1998 – the probability of the Bank of Japan raising interest rates at its policy meeting on September 17-18 was less than 30 per cent.
Fast forward to today, and the chances of an increase have shot up to almost 100 per cent. In fact, expectations have shifted so dramatically that bond markets…
Sep 17 2026
Hong Kong is broadening its equity markets, deepening its offshore yuan business and expanding further into gold trading under its first five-year plan for economic and social development, as the city seeks to defend its standing as Asia’s top financial centre and close the gap with London.
Unveiled on Wednesday by Chief Executive John Lee Ka-chiu alongside his 2026 policy address, the blueprint outlines a package of financial plans to “consolidate and enhance Hong Kong’s status as an…
Sep 17 2026
Huawei Technologies said on Thursday that it would launch its next-generation artificial intelligence chip in the first quarter of 2027, moving the target launch forward by nine months as the firm aggressively expands its ecosystem amid China’s self-sufficiency push.
David Wang Tao, rotating and acting chairman for Huawei, said on Thursday that the Ascend 960DT chip, an AI chip designed for model training, “with performance doubling”, would be “ready in the first quarter of 2027”, three quarters…
Sep 17 2026
Hong Kong’s Exchange Fund, the war chest used to defend the local currency, is considering increasing its exposure to gold and other precious metals as part of the government’s push to develop the city into a gold trading hub.
Hong Kong Monetary Authority (HKMA) chief executive Eddie Yue Wai-man said on Thursday that the Exchange Fund would continue to invest mainly in US dollar assets to support the Hong Kong dollar’s peg with the US currency.
Yue said the Exchange Fund could increase its…
Sep 17 2026
Hong Kong aims to adjust listing rules to grab a share of initial public offerings by mainland China’s space companies, in line with Beijing’s priorities and heightened activity in the sector following the blockbuster June listing by Elon Musk’s SpaceX.
That could lead to more head-to-head competition between the Hong Kong stock exchange and the Shanghai Stock Exchange, which is now drawing a majority of applications, including commercial space launch providers and reusable rocket makers CAS…
Sep 17 2026
Kai-Fu Lee, CEO of 01.AI, says he suspects American AI companies may already have developed models that are “really great, but also really scary.” He discusses this on “Bloomberg: The China Show” on the sidelines of the BNP Paribas Global Markets APAC Conference. (Source: Bloomberg)
Sep 17 2026
Macerich’s President and CEO, Jack Hsieh, joins the program shortly after presenting at the Bank of America real estate conference. The segment is framed around Macerich and the broader theme of “tracking the shopping mall resurgence.” He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Sep 17 2026
Liz Ann Sonders, Charles Schwab chief investment strategist, says there is no one asset allocation that makes sense for every investor. She says the firm is neutral on equities, less favorable on fixed income, and more favorable on commodities. (Source: Bloomberg)
Sep 17 2026
Vincent Reinhart, Chief Economist over at BNY Investments, discusses the Bank of Japan’s upcoming rate decision due Friday. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Sep 17 2026
DoubleLine Capital chief executive Jeffrey Gundlach warned that the next US downturn could trigger a debt crisis that sends long-term Treasury yields sharply higher — defying decades of conventional wisdom that bonds will always serve as safe haven during times of economic strife.
Sep 17 2026
The State Department notified Congress that it plans to sell Saudi Arabia up to 48 F-35 warplanes in a first-time sale that could be worth as much as $24.3 billion. The sale of the Lockheed Martin Corp. fighter jet to Saudi Arabia has been in the works for a number of years. President Donald Trump signaled in November the US would sell F-35s to the Kingdom, offering Crown Prince Mohammed bin Salman a prize he’s long cherished, ahead of a visit to the White House that month. Meantime, the Pentagon and Lockheed Martin Corp. are moving to speed up the production of a new classified air-to-air missile for US Air Force and Navy jets that’s seen as vital to deterring China.
For more, we speak with Wayne Sanders, Senior Defense Research Analyst for Bloomberg Intelligence. (Source: Bloomberg)
Sep 17 2026
Jeni Britton, founder of Jeni’s Splendid Ice Creams and now Founder and CEO of Floura, discussed her shift from ice cream to fiber-based snacks made from produce trim like apple cores, watermelon rinds, mango and pineapple rinds. Britton highlighted Starbucks as an important validation point for the young company, saying the placement gives Floura higher visibility and credibility as it expands beyond its direct-to-consumer roots. She speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Sep 17 2026
For decades, the Japanese yen has been one of the world’s favored currencies for investors looking to borrow cheaply and put that money into assets offering higher returns.
Sep 17 2026
Michael Kliger, CEO of LuxExperience, said the luxury market is becoming increasingly polarized, with affluent customers continuing to spend heavily while middle-class shoppers pull back under inflationary pressure. He said the company is less concerned about total active customers, which are around 900,000, than about growing the small group of top customers that generate a disproportionate share of sales. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)
Sep 17 2026
More than a quarter of Anthropic PBC’s research and development work for artificial intelligence is driven by its Claude chatbot, according to the company, providing the clearest indication yet that AI can help speed up development of future models.
Sep 17 2026
Amazon.com Inc. said artificial intelligence models should be released only after rigorous testing, weighing in on the debate about the pace of AI development after top labs called for a slowdown following safety lapses.
Sep 17 2026
United Nations General Assembly president Khalilur Rahman speaks with Bloomberg’s Romaine Bostick. This week United Nations Secretary General said nations must coordinate global efforts to regulate AI, echoing calls for closer monitoring of the technology after warnings from leaders of the world’s top firms. The comments come days before world leaders descend on New York for the UNGA’s annual high-level week. (Source: Bloomberg)
Sep 17 2026
Grammy-Award winning artist will.i.am sits down with Bloomberg’s Romaine Bostick from Dreamforce to discuss his efforts to develop personal AI agents for college students, and the fundraising efforts around his company, FYI.AI (Source: Bloomberg)
Sep 17 2026
Palantir Technologies Inc. Chief Executive Officer Alex Karp said developers of artificial-intelligence systems need to be held liable for their own work as opposed to depending on government regulation.
Sep 17 2026
Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. (Source: Bloomberg)
Sep 17 2026
New ventures involving ‘Giggly Squad,’ NPR, Steven Bartlett and Serial Productions have set the podcasting world atwitter