Bloomberg News and Videos — Page 26

President Donald Trump told the Pentagon to "substantially reduce" joint military exercises with South Korea. In a social post on Sunday, Trump indicated his frustration that the US ally hadn't provided more support for his war with Iran as a 10-day joint exercise involving some 18,000 South Korean troops was scheduled to begin. Tyler Kendall reports on Bloomberg Television.

Hareendra Dissabandara, Chairman at the Securities and Exchange Commission of Sri Lanka, says the government is "seriously working" on listing state-owned enterprises on the Colombo bourse. He speaks with Haslinda Amin on Insight with Haslinda Amin.

Helen Jewell, CIO of fundamental equities international at BlackRock, says that portfolio diversification is key to riding out the volatile artificial intelligence trade. "It's so important that portfolios are constructed utilizing other parts of the market," Jewell tells Bloomberg Television. "The UK, the European banks, the health care stocks. Not just being really focused on that one sector."

Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

Specialists are racing to salvage a sinking shadow-fleet tanker off Oman that has caused a massive oil slick. Personnel have already boarded the Caroline Bezengi, a Suezmax that has grounded off Oman's southern coast. Dimitris Maniatis, CEO of maritime risk management firm Marisks spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the short & long-term consequences of such a spill.

Singapore equities are among the world's best performers as strong economic growth, resilient bank earnings and a stronger Singapore dollar attract investors. While some fund managers see further upside, others warn valuations have become increasingly stretched after a multi-year rally.

Sri Lankan inflation will likely slow back toward the central bank's target over the second half of this year and into next year, central bank Governor Nandalal Weerasinghe tells Bloomberg Television in Sydney. He adds that changes to oil prices remain a risk factor in projections.

President Donald Trump said he told the Pentagon to "substantially reduce" joint military exercises with South Korea, citing the cost of the drills and the signal they send to North Korea. Bloomberg's John Herskovitz breaks down the situation.

Nandalal Weerasinghe, Governor at the Central Bank of Sri Lanka, says inflation will slow back toward the central bank's target of 5% over the second half of this year and into next year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Minutes from the Federal Reserve's July meeting will offer a closer look at the debate that produced three dissents in favor of a quarter-point rate increase, an unusually visible split as policymakers contend with elevated inflation and mixed economic data. Joining Joe Mathieu and Carol Massar on Bloomberg This Weekend, BMO Capital Markets Senior Economist Jennifer Lee expects the Fed to remain patient, with the firm forecasting no rate move until late 2027, when it expects the central bank to begin cutting.