The rise in real yields, which is outpacing that of nominal and breakeven rates, has "a little bit more room to run," says Laura Cooper, global investment strategist at Nuveen. "The key catalyst going forward will be that August inflation print," Cooper tells Bloomberg Television. "We're going to be driven more by data in the next coming weeks."
UBS scored an interim win in its multi-year struggle against Switzerland's push to make it hold billions of extra dollars in capital. This comes as lawmakers from the key Economic Affairs and Taxation Committee of the upper house said the bank should be able to use convertible debt, known as AT1s, for as much as 50% of the extra requirement, provided that those instruments are reformed. Bloomberg's Jan-Henrik Foerster reports.
Anna Edwards, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
ANZ FX Research Head Mahjabeen Zaman joins Horizons Middle East and Africa to discuss the outlook for the yen, the prospect of Bank of Japan rate hikes and potential currency intervention. She also weighs the global bond selloff, Federal Reserve policy and the medium-term outlook for the dollar.
Sucharita Kodali, Vice President and Principal Analyst at Forrester Research, discusses Shein's trading debut in Hong Kong and the outlook for the e-commerce and fast-fashion industry. She speaks with Yvonne Man and David Ingles on Bloomberg: The China Show.
Anthropic agreed to a $35 billion computing deal with Lambda, a cloud provider backed by Nvidia, part of an effort to quickly expand its AI capacity, according to a person familiar with the matter. Bloomberg's Neil Campling has the details.
Yeyi Yun, Co-Founder & President at MiniMax, discusses the Chinese AI lab's business strategy from the sidelines of the "Goldman Sachs Asia Leaders Conference."
A selloff in global bonds sent yields back to the highest level in almost two decades as rising oil prices fueled inflation concerns and investors ramped up expectations that the Federal Reserve will raise interest rates. Bloomberg's Ven Ram reports.
Henry He, CFO at Baidu, speaks on "Bloomberg: The China Show" as the Chinese tech firm becomes dual-primary listed on both HKEX and Nasdaq.
Doris Hsu, Chairperson at GlobalWafers, discusses the company's US plans and business strategy from the sidelines of SEMICON Taiwan in Taipei.
Kevin Sneader, APAC ex-Japan President at Goldman Sachs, speaks to David Ingles about the bank's business in the region from the sidelines of the "Goldman Sachs Asia Leaders Conference."
S&P Global (NYSE:SPGI) completed its acquisition of datacenterHawk, adding proprietary intelligence on global data center, fiber optic, and related infrastructure markets to S&P Global Energy.
