Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, examines the impact of AI debt on the demand for long-end US Treasuries. Rosner also says she doesn't expect much clarity in the FOMC meeting minutes on the central bank's reaction function.
Edward Yardeni, president at Yardeni Research, explains why interest rates at 4% - 5% are "a healthy sign of a healthy economy."
Former US Central Command Director of Intelligence Lt. General Karen Gibson (Ret.) examines Iran's capabilities for launching attacks on US military bases in Europe. The Financial Times reports that the Islamic Republic is weighing strikes should President Donald Trump escalate the war in the Middle East.
Initial public offering pipeline remains strong with close to 10 international companies, Hong Kong Exchanges & Clearing Ltd. CEO Bonnie Chan told Bloomberg TV's Minmin Low on Wednesday
SK Hynix revealed plans to buy back 40 trillion won ($29 billion) of stock and return more of its profits to shareholders. The memory chipmaker will buy back as many as 24 million treasury shares between Aug. 20 and Nov. 19 and cancel them. Neil Campling reports on Bloomberg Television.
Traders remain cautious as concerns over loose fiscal policy and heavy borrowing by the biggest spenders on the buildout of artificial intelligence are expected to keep yields elevated. Bloomberg's Neil Campling reports.
Bloomberg Intelligence data show that Europe needs to spend about $3 trillion through 2035 to reduce its reliance on foreign suppliers for AI and other critical technologies. To achieve full autonomy, much larger investments would be required. Bloomberg's Oliver Crook breaks down the report.
US national debt is approaching $40 trillion, increasing focus on the country’s borrowing and fiscal outlook.
Solana co-founder Anatoly Yakovenko proposed minting extra Solana (CRYPTO:SOL) to fund a company acquisition.
Absa Group is exploring the possibility of converting its representative office in Nigeria into a merchant bank. Chief Executive Officer Kenny Fihla also said he sees opportunities in Uganda, Zambia, Tanzania, Angola. He spoke to Bloomberg's Chief Africa correspondent, Jennifer Zabasajja, to discuss their plans after the group reported net income for the first half-year of 12.58 billion rand vs. 11.23 billion rand y/y.
Itaú Unibanco warned that moving deposits into stablecoins too quickly could affect Brazil’s credit system.
Oil rose for a fourth day as the US and Iran showed no signs of progress towards a peace deal after almost six months of conflict. While Hormuz remains at stalemate, UAE said it fended off 2 missiles from Iran, but Tehran denies the attack. Karen Young, Senior Research Scholar at the Columbia University Center on Global Energy Policy spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa as the conflict rages on.
