Bloomberg News and Videos — Page 588

Japan's central bank increased its benchmark interest rate to the highest since 1995 and signaled that further policy normalization lies ahead. Bloomberg's Shery Ahn reports from Tokyo.

China's consumer spending contracted last month for the first time since the pandemic and investment deteriorated, exposing risks still facing the economy even as it benefits from booming exports and a deescalation in tensions around Iran. UBS Securities Chief China Economist Yu Song shares his analysis.

Biocon Executive Chairperson Kiran Mazumdar-Shaw says she is confident that the company's investment and capacity expansion in Insulin will make the company the top hub for the drug in the next five years. She speaks in an exclusive conversation with Bloomberg's Haslinda Amin.

John Rogers, Ariel Investments founder, chair, CIO and co-CEO, says MSG stocks have not reflected the value of the Knicks or the Rangers during an interview with Romaine Bostick and Katie Greifeld on "Bloomberg The Close."

Jeff Simmons, Elanco Animal Health President & CEO, discusses the emerging threat of screwworm infections spreading beyond the initial control zone in Texas, with at least 12 confirmed cases including eight heads of cattle. Simmons reassured viewers that while the pest is expected to spread, it can be managed effectively through current interventions such as the release of sterile flies to reduce the screwworm population. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Libby Cantrill, PIMCO Head of Public Policy, discussed the recent developments in negotiations involving Iran, emphasizing that what has been achieved is more of a detente than a comprehensive deal. She highlighted the uncertainty surrounding key issues such as Iran's nuclear program, funding of proxies, and the stance of regional players like Israel. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.

UBS Head of Taxable Fixed Income Strategy Leslie Falconio says pressure on the Fed to hike rates is easing now that the US and Iran have reached a deal to reopen the Strait of Hormuz. She has now pushed out her call for a rate cut in 2027.

Maurits Pot, CEO of Tema ETFs, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Tema Space Innovators ETF (Ticker: NASA).

Sylvia Jablonski, CIO & co-founder of Defiance ETFs, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." They discuss the Defiance Daily 2X Space ETF (Ticker: SPCL) and the flurry of SpaceX leveraged ETFs launched in the past week.