Australia is betting on AI to drive economic growth over the next 40 years. The Treasury's Intergenerational Report says the technology is expected to help deliver its long term labor productivity target of 1.2% a year. It also estimates $150 billion could be spent on data centres by 2030. ANZ's Group Chief Economist, Richard Yetsenga, joins "Bloomberg: The Asia Trade" to discuss what this means for Australia's growth outlook.
Wayne Dai, Chairman, CEO and President of Shanghai listed chip-design firm VeriSilicon, discusses his company's business and growth strategy, as it looks to expand to more markets globally. He speaks with Shery Ahn on the sidelines of CITIC Securities' International Investors' Forum on "Bloomberg: The Asia Trade".
Geoff Raby, Former Australian Ambassador to China, discusses his expectations for the summit between US President Trump and Chinese President Xi, that will focus on topics like trade and AI. He speaks with Haidi Stroud Watts on "Bloomberg: The Asia Trade".
Maninder Sidhu, Canada's International Trade Minister, says the trade talks with India are "moving along really well," with the two nations looking to conclude a deal in the coming months. He speaks with Paul Allen on Insight with Haslinda Amin.
The European Central Bank has launched preparatory operations to integrate central bank money into digital asset markets.
Vietnamese President To Lam says his nation is "very close" to a trade deal with the US, and pledges to buy more high-tech goods. "We do not accept transshipment of goods," Lam said in an exclusive interview with Bloomberg on concerns about allegations that Chinese goods are being repackaged and rerouted through Vietnam.
Chinese and US officials wrapped up their second day of talks in New York on Monday to discuss artificial intelligence, investment and trade as they sought to advance negotiations ahead of President Xi Jinping's visit to the US this week. Bloomberg's Stephen Engle reports.
Circle Internet Financial has launched a digital asset-backed borrowing service enabling institutional clients to unlock USD Coin (CRYPTO:USDC) liquidity against Bitcoin (CRYPTO:BTC) reserves.
Vietnam's top leader To Lam tells Bloomberg the nation is "very close" to a trade deal with the US. Vietnam wants to import more US items, Lam says in an exclusive interview on the sidelines of the UN General Assembly.
Vice President JD Vance urged North Carolina voters to give Republicans more time to accomplish their agenda as the GOP is on the defensive in key states ahead of November's midterm election. Vance traveled to the battleground state on Monday in a bid to shore up support for Republican Senate candidate Michael Whatley, who polls show trailing Democratic former Governor Roy Cooper. The contest has morphed into an opportunity for Democrats to flip a crucial seat. Bill Faries, Bloomberg News Senior Editor, joins to discuss the state of voter sentiment with less than 45 days until US midterm elections.
RBC Capital Markets Director of Global ETF Strategy Valerie Grimba joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." They discuss the proliferation of new fund launches and how ETF issuers compete in an increasingly crowded space.
Oil fell Monday, settling near $100 a barrel, on signs Saudi Arabia is boosting exports via the key Strait of Hormuz and fresh hopes for diplomatic progress in the Iran war. Brent, the global benchmark, declined for a fourth session, settling 3.4% lower. The October West Texas Intermediate contract, which expires on Tuesday, fell about 4.5%. Satellite data showed that Saudi Arabia's observed oil loadings from inside the Persian Gulf jumped over the weekend, with the highest number of ships seen at the nation's main Persian Gulf port since June. The images indicate that the kingdom is successfully redirecting its exports back toward the Gulf following the shutdown of its vital East-West pipeline due to drone attacks. For more, we speak with Humayun Tai, Global Leader of Energy & Materials at McKinsey.
