Mark Haefele, chief investment officer of global wealth management at UBS, says investors need to be "humble" about the need to diversify portfolios. Speaking on Bloomberg Television, Haefele lists health-care stocks, emerging-market bonds, and commodities, including gold, as assets which can be part of a broader markets strategy. He also comments on the yen, saying it is not likely the currency is going to appreciate.
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
The wave of regulatory tightening in India's derivatives market is largely complete, says NSE CEO Ashishkumar Chauhan. In a conversation with BTV, he adds that the exchange is beginning to regain market share in the F&O space.
Major banks, insurers and online travel agencies stocks took a tumble this week after Meta's new artificial intelligence agent, Muse rose to the top of Apple's app store. Increasing usage of the app sparked fears that personal AI tools could disrupt businesses that benefit from so-called consumer inertia. The Opening Trade spoke to guests about whether the latest AI developments are impacting their outlook for stocks and the broader sector amid an increasingly complex AI trade.
Israeli Prime Minister Benjamin Netanyahu vows to press ahead with his country's wars as he addressed the UN General Assembly, where many delegates walked out ahead of his speech. Facing an election next month, Netanyahu also took aim at critics. Bloomberg's Dan Williams reports.
US President Donald Trump's fete for his Chinese counterpart President Xi Jinping has been heavy on pageantry and platitudes but light on substantive announcements. The most significant news tied to the gathering materialized before it even began, as Treasury Secretary Scott Bessent said the two sides had extended a trade truce for another two months. Anticipated agreements on tariff cuts and a new line of communication on artificial intelligence have yet to surface. Bloomberg's Rebecca Choong Wilkins reports.
Luminaries from Wall Street and Silicon Valley joined US President Donald Trump for a state dinner honoring his Chinese counterpart Xi Jinping. Steve Engle reports from Washington.
US and Iranian negotiators are exploring a phased deal that would see Tehran reopen the Strait of Hormuz and Washington lift its blockade of Iranian ports, according to a person familiar with the matter. A sequenced deal would be similar to the memorandum of understanding that the US and Iran struck in mid-June. Bloomberg's Stuart Livingstone-Wallace reports.
SoFi Technologies, Inc. (NASDAQ:SOFI) has launched stablecoin settlement across its entire Mastercard card programme using SoFiUSD.
Liza Tobin, Former China Director at the US National Security Council and Managing Director of Garnaut Global, discusses her expectations and takeaways from the summit between Presidents Trump and Xi. She speaks with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
IBM (NYSE:IBM) has expanded Digital Asset Haven with Swift ledger integration and on-premises capabilities.
Ondo Finance has launched three onchain portfolio tokens based on BlackRock-developed model strategies.
