Bloomberg News and Videos — Page 31

Singapore equities are among the world's best performers as strong economic growth, resilient bank earnings and a stronger Singapore dollar attract investors. While some fund managers see further upside, others warn valuations have become increasingly stretched after a multi-year rally.

Sri Lankan inflation will likely slow back toward the central bank's target over the second half of this year and into next year, central bank Governor Nandalal Weerasinghe tells Bloomberg Television in Sydney. He adds that changes to oil prices remain a risk factor in projections.

President Donald Trump said he told the Pentagon to "substantially reduce" joint military exercises with South Korea, citing the cost of the drills and the signal they send to North Korea. Bloomberg's John Herskovitz breaks down the situation.

Nandalal Weerasinghe, Governor at the Central Bank of Sri Lanka, says inflation will slow back toward the central bank's target of 5% over the second half of this year and into next year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Minutes from the Federal Reserve's July meeting will offer a closer look at the debate that produced three dissents in favor of a quarter-point rate increase, an unusually visible split as policymakers contend with elevated inflation and mixed economic data. Joining Joe Mathieu and Carol Massar on Bloomberg This Weekend, BMO Capital Markets Senior Economist Jennifer Lee expects the Fed to remain patient, with the firm forecasting no rate move until late 2027, when it expects the central bank to begin cutting.

Luxury Travel and Event Expert Olivia Ferney sits down with Lisa Mateo, Joe Mathieu and Carol Massar on Bloomberg This Weekend and shares how she has built a business catering to ultrawealthy clients whose requests can range from six-figure vacations to elaborate celebrations, while creating a social media following of more than 1 million.

Republican Rep. Byron Donalds is on Bloomberg This Weekend and tells hosts Joe Mathieu and Carol Massar that affordability will be central to his campaign for Florida governor, proposing changes aimed at property taxes, insurance, housing and health-care costs while promising to build on Gov. Ron DeSantis' record. Donalds, who holds a wide polling lead ahead of Tuesday's Republican primary, also defended President Donald Trump's approach to Iran despite higher gasoline prices and said he expects to earn DeSantis' support if he advances to the general election.

Tyson Foods is cutting beef-processing capacity as the US cattle herd nears a five-decade low driving up livestock costs and contributing to persistent losses in beef business. Bloomberg News Agriculture Reporter Ilena Peng is on Bloomberg This Weekend and explains to hosts Joe Mathieu and Carol Massar that consumers are also pushing back against record prices, but meaningful relief may take years as the herd rebuilds, while a planned resumption of some cattle imports from Mexico could provide limited near-term help.

Joining Bloomberg This Weekend, Former Wisconsin Democratic Party Chair Ben Wikler tells hosts Joe Mathieu and Carol Massar that David Crowley's narrow gubernatorial primary victory and unusually strong Democratic turnout show voters are focused on affordability and eager for political change ahead of November. Crowley now faces Republican Rep. Tom Tiffany in one of the country's most closely watched governor's races, while Democrats test whether elevated primary participation can translate into broader midterm gains. Wisconsin Democrats cast nearly 800,000 primary ballots, their highest midterm-primary total in more than two decades.

California Attorney General Rob Bonta joins Bloomberg This Weekend and calls the landmark youth safety case against Meta a "tobacco moment," alleging the company knowingly designed Facebook and Instagram features that harmed children and put profit ahead of their safety. Bonta tells hosts Joe Mathieu and Carol Massar the states are seeking financial penalties as well as changes to Meta's products, while the company denies the allegations and says it has worked to make its platforms safer for young people.