The US escalated its trade war with Canada following Ottawa's tariff retaliation. Washington moved to block imports of some products while placing new tariffs on others, as well as seeking to bar Canadian companies from selling to government contractors. Bloomberg's Rosalind Mathieson reports.
Louis-Vincent Gave, CEO of Gavekal, discusses his outlook for investing in global markets. He speaks with Bloomberg's Stephen Engle on the sidelines of KBFG Korea Conference on "Bloomberg: The Asia Trade".
Marc Ganzi, CEO of digital infrastructure investment firm DigitalBridge, discusses his views on the AI supercycle and capex spending trends among global hyperscalers and tech companies. He speaks with Bloomberg's Stephen Engle on the sidelines of KBFG Korea Conference on "Bloomberg: The Asia Trade".
US forces destroyed five Iranian tankers carrying crude oil on Tuesday following two attempts to hit a US Navy warship with ballistic missiles in as many days, Central Command said. Brent oil moved closer to $100 a barrel after the US struck Iranian tankers near the Kharg Island export hub and in the Gulf of Oman. Bloomberg's Onur Ant and Clara Ferreira Marques break down the situation.
MangoBoost CEO Jangwoo Kim discusses his company's data solutions and fundraising plans. He speaks exclusively on the sidelines of the KBFG Korea Conference in Seoul.
Chris Wood, Global Head of Equity Strategy at Jefferies, says he continues to favor the "picks and shovels" trade as long as capital spending holds up. He also says China's domestic market gives it an edge in the AI cycle. He speaks on the sidelines of the KBFG Korea Conference in Seoul.
US Treasury Secretary Scott Bessent challenged traders to test his resolve on boosting the yen, saying he has insight on what the Bank of Japan is going to do. He spoke at a Southern Methodist University event in Texas.
Copper CEO Amar Kuchinad has left the company as Copper’s search for a buyer enters its fourth month.
Former US Trade Representative Susan Schwab says shared geography and deep economic ties will keep the U.S. and Canada aligned despite upcoming political friction. She notes that joint cooperation on critical minerals and a unified front against Chinese competition are essential to protect North American industry.
Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan's currency, touting that when he makes market calls nowadays he's effectively doing so with inside information. Bloomberg's Sunny Bangia breaks down the news.
In his new book 'The Awesome Portfolio', Jared Dillian makes the argument against the conventional wisdom to invest your cash as "you buy the index, you dollar cost average, you hold, you ride out the volatility." He argues "cash can also be your friend." He joins Businessweek Daily to discuss he new book and latest market headlines.
Kroll CEO, Jacob Silverman, discusses the state of private markets, noting that their previous conversation in April or May covered concerns and growing pains in the sector. Silverman discusses the firm's perspective as one of the largest valuation agents in private markets and asks whether anything has changed over the past four or five months. He speaks with Romaine Bostick on "The Close."
