Australia Financial

Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Bollywood makes more movies but doesn't have the global impact of Hollywood. JioStar Vice Chairman Uday Shankar tells Bloomberg's Haslinda Amin why it hasn't achieved world scale, and what needs to change.

Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan Private Bank, discusses how artificial intelligence continues to underpin global equity markets, particularly the tech sector. "I think the market comes to realization that actually the AI story continues," she tells Bloomberg Television. "Demand is still really strong, and supply is still constrained," Lipikhina adds.

Despite heightened uncertainty across the region, a new report from Savills finds that Abu Dhabi and Dubai continue to rank among the world's leading wealth destinations. The report evaluates more than 100 global locations on how well-placed they are to attract the next generation of wealth. Rachael Kennerley, Director of Research at Savills Middle East spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.

Mauritius Commercial Bank reported an increase in net interest income for the full year that's as geopolitical tensions are driving up oil & gas prices. Jennifer Zabasajja, Bloomberg's Chief Africa Correspondent spoke to Thierry Hebraud, CEO of Mauritius Commercial Bank on the earnings and the formation of the new Africa Credit Ratings agency.

Isomorphic Labs, an AI-powered drug discovery startup spun out of Alphabet Inc.'s Google DeepMind, is in early talks to raise new funds at a valuation of at least $40 billion, according to people familiar with the effort. Bloomberg's Neil Campling has the details.

The European Union is taking a more assertive approach to China as the bloc's trade chief, Maros Sefcovic, heads into two days of negotiations in Beijing. The EU is preparing safeguards to limit imports of Chinese hybrid cars after their sales surged in Europe, which may be seen as an escalation. Bloomberg's Minmin Low and Oliver Crook break down the situation.

The European Union is striking a more assertive approach to China as the bloc's trade chief, Maros Sefcovic, heads into two days of negotiations in Beijing. The EU is preparing safeguards to limit imports of Chinese hybrid cars after their sales surged in Europe, which may be seen as an escalation. Bloomberg's Minmin Low and Oliver Crook break down the situation.

Nvidia-backed data center company Firmus's IPO, set to be among the biggest listings in Australia, has become "unusually polarizing," Australian portfolio manager Jun Bei Liu of Ten Cap says.

The Australian Banking Association has applied for Australian Competition and Consumer Commission authorisation to let banks collaborate on establishing shared regional hubs.

Bankers managing the initial public offering for Firmus are evaluating a potential cut to the company's listing price after weak demand from foreign investors.

The ACCC approved the takeover of Grow by Mitsubishi UFJ Financial Group (NYSE:MUFG) for $78 million following operational failures at superannuation fund HESTA.