AustraliaBreaking News

US Treasury Secretary Scott Bessent echoed his Japanese counterpart Satsuki Katayama by characterizing excess foreign-exchange volatility as undesirable in another indication of tacit US approval of Japan's recent market intervention. "We both believe that excess volatility is undesirable," Bessent said Tuesday in Tokyo, as he continued a day of meetings with senior officials in Japan including Katayama and Japanese Prime Minister Sanae Takaichi. He confirmed his team will maintain close contact with the finance ministry and said constant communication is the key to good outcomes. We get reaction from Ken Weinstein, Japan Chair at the Hudson Institute.

Energy markets on edge as a fragile Middle East ceasefire hangs in the balance. Charif Souki, the founder of Cheniere Energy who helped transform the US into the world's largest LNG exporter, discusses the outlook on "Bloomberg Open Interest."

Private equity is becoming more selective -- especially in real estate. Rockpoint Co-CEO Tom Gilbane discusses where the capital is flowing now on "Bloomberg Open Interest."

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said fixing "stupid" trade issues between the US and Europe would pave the way for better growth. He also says the US would benefit from a stronger NATO. He speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.

Kim Forrest, Bokeh Capital Partners chief investment officer, says Tuesday's selloff is just a pause in momentum for skyrocketing chip stocks, not a shock from a hotter-than-estimated inflation report. She speaks with Ed Ludlow and Caroline Hyde on "Bloomberg Tech."

Jamie Dimon warns the UK that any move to hike taxes on banks in the event Keir Starmer is replaced as the UK's prime minster would see JPMorgan scrap plans to invest billions in a new London headquarters in Canary Wharf. He speaks with Francine Lacqua on "Bloomberg Open Interest."

US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data.

On this episode of Stock Movers with Alexis Christoforous: - Under Armour (UAA) shares are sliding after it forecast adjusted earnings per share for 2027 and the guidance missed the average analyst estimate. - Wendy's (WEN) shares are gaining as Financial Times reports that Nelson Peltz's Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. - Hims & Hers (HIMS) shares are lower after reporting a first-quarter loss and sales that missed Wall Street estimates due to higher costs associated with its strategic pivot to branded weight-loss medications.

Morgan Stanley Chief US Economist expects US inflation to peak this year in May or June. He says the latest CPI report will keep the Federal Reserve on the sidelines for the rest of this year. He speaks on Bloomberg Surveillance.

JPMorgan Chase Chair and CEO Jamie Dimon discusses the state of global financial markets and the impact of the conflict in Iran. Speaking with Bloomberg's Francine Lacqua on "Bloomberg Open Interest," Dimon also comments on the use of artificial intelligence and European banking regulations.

EBay turned down GameStop Chief Executive Officer Ryan Cohen's $56 billion takeover offer, describing the unsolicited bid as "neither credible nor attractive." Caroline Hyde reports on Bloomberg Television.

JPMorgan Chase Chairman and CEO Jamie Dimon says AI will change almost everything. He talks about how he uses the tech on a daily basis and speaks to Bloomberg's Francine Lacqua at the bank's annual Global Markets Conference in Paris.