Bloomberg News and Videos — Page 13

Krishna Guha, vice chair and head of central bank strategy at Evercore ISI, says the US Treasury Department's move to increase its planned purchases of outstanding 10-year to 30-year debt "certainly complicates things" for Federal Reserve Chairman Kevin Warsh, but won't impact the central bank's September decision on interest rates.

Peter Tchir, head of macro strategy at Academy Securities, calls the US Treasury Department's move to increase its planned purchases of outstanding 10-year to 30-year debt "kind of mediocre" and says the Federal Reserve needs to talk about cutting rates and take hikes off the table.

JPMorgan is warning that the US Treasury's surprise move to bring down long-term borrowing costs could make things worse. Scott Bessent's Treasury said yesterday it would at least double the size of its bond buybacks. That initially sent long-term yields lower. But JPMorgan says the move addresses the symptoms rather than the cause of America's ballooning debt pile. The bank warns that without real fiscal consolidation, investors could lose confidence and push borrowing costs even higher. The warning comes as US national debt has topped $40 trillion, raising the stakes as Washington continues to sell more securities. Our Markets Live Strategist Skylar Montgomery Koning joins Stephen Carroll and James Woolcock to discuss.

At this year's World Robot Conference in Beijing, Chinese humanoid robot maker Unitree's founder declared that humanoid robots could take off commercially in just two years. The industry is moving beyond viral entertainment, sharpening its focus on real-world uses from factory assembly lines to household chores. Allen Wan reports.

China Evergrande Group's founder Hui Ka Yan has been sentenced to life in prison, bringing an end to one of the most dramatic rise and fall stories in China's corporate history. Bloomberg's Trista Xinyi Luo has the details.

Samsung and SK Hynix are preparing record shareholder returns after investors sent their stocks tumbling over concerns around the sustainability of AI hardware spending. Bloomberg's Neil Campling has the details.

Russian strikes on the key Black Sea ports of Greater Odesa have been a body blow for Ukraine's farming sector. The ports usually account for about 90% of the country's grain shipments, but flows have virtually halted just as harvests got into full swing. Bloomberg's Pyotr Kozlov explains.

Guy Johnson, Tom Mackenzie, Skylar Montgomery Koning and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Strategic partnerships are becoming increasingly important for sovereign wealth funds in the Gulf region. Despite recent geopolitical volatility, Gulf SWFs have continued investing actively, in an effort to prioritize long term value creation and reduce risk. Wael Younan, Sovereign Wealth Management Head at TCW Group spoke to Bloomberg's Abeer Abu Omar about the strategy of these funds in light of geopolitical tensions.

Ashok Leyland MD & CEO Shenu Agarwal discusses how sustained oil strength could reshape demand, costs and opportunities for one of India's most iconic commercial vehicle makers. He also talks about positioning the company at a critical juncture in its Middle Eastern journey. Shenu speaks with Haslinda Amin on "Insight with Haslinda Amin.