BMO Financial Group (NYSE:BMO) reported third-quarter 2026 net income of $1.75 billion, down 25% year over year, while adjusted net income increased 19% to $2.859 billion after excluding a goodwill-related charge.
KKR (NYSE:KKR) agreed to acquire the Japanese beauty and lifestyle brand platform Ci FLAVORS from its existing corporate shareholders.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
HDFC Securities CEO Dhiraj Relli expects the FCNR(B) deposit scheme to raise an additional $12 billion, citing strong historical support from the Indian diaspora. He spoke with Haslinda Amin on Bloomberg Insight.
Israeli officials have accused Hamas of using kites and balloons to plan attacks on its territory. The Iran-backed militant group was given until Wednesday to rein in their use - or face repercussions. Bloomberg's Dan Williams reports from Jerusalem.
Turkey's central bank said it would resume weekly repo auctions at its 37% policy rate. The decision is a step towards normalizing funding conditions as the central bank bets the worst of the Iran War's economic fallout has passed. Selva Demiralp, Professor of Economics at Koç University spoke to Bloomberg's Abeer Abu Omar on the move from the Central Bank & its impact on inflation in Turkey.
As Australia's earnings season peaks, the likes of BHP and Woodside Energy are among the winners emerging, as elevated commodity prices offset headwinds. And Bloomberg Intelligence says Australian banks are positioned for significant margin expansion and a structural return on equity uplift in fiscal 2027. Alphinity Investment Management Client Portfolio Manager and Investment Specialist Elfreda Jonker joins "Bloomberg: The Asia Trade" to discuss why Australian stocks are priced for perfection, but delivering for average.
AI is transforming South Korea's entertainment industry, with one startup betting on physical AI in the race to create the superstars of the future. Galaxy Corporation sees robot idols as the next generation of K-pop celebrities. Bloomberg's Sohee Kim reports from Seoul.
California Attorney General Rob Bonta discusses why he canceled talks with Paramount over the company's merger with Warner Bros. Discovery. Speaking on "Balance of Power: Evening Edition," Bonta also comments on the US Supreme Court siding with President Donald Trump over his plan to use the Postal Service to impose new restrictions on the distribution of mail ballots and Meta Platforms being sued by a bipartisan coalition of states on allegations of deceiving the public.
Ed Al-Hussainy, Portfolio Manager at Columbia Threadneedle Investments, discusses the relative stability of the U.S. dollar against developed market currencies, while highlighting the strength of emerging market currencies fueled by carry trades supported by higher real yields in countries like Brazil, Mexico, Colombia, and South Africa. Despite strong U.S. economic fundamentals, including low unemployment and steady growth, the dollar has underperformed, partly due to the Federal Reserve's slower rate repricing compared to other central banks. He speaks with Romaine Bostick on "The Close."
Donald Trump's family has won preliminary approval to start a national bank, riding a wave of deregulation under the Trump administration. For the president's family, the goal is to expand the use of USD1, their dollar-backed stablecoin, World Liberty Financial said earlier this month after receiving conditional approval. Bloomberg News Financial Reporter Paige Smith has the details of the move for today's Big Take.
Steven Wang, Founder & CEO of Dub, launched the copy trading platform 3 years ago after dropping out of Harvard to become an entrepreneur. He says the app offers a unique alternative to sports betting, and fresh opportunities for the increasing number of young Americans who say they are now investing their money to grow try and grow their wealth. Wang says Dub is for great traders who "don't need to go the traditional sort of boys club and Wall Street path to really become the next superstar."
