Andrew Balls, global fixed income CIO at Pimco, says it is "not 100% clear to me why" the US Treasury would increase the purchases of long-dated bonds as he explains the factors he finds healthy about the fixed income market. He speaks on "Bloomberg Surveillance."
Simon MacAdam, deputy chief global economist at Capital Economics, joins Bloomberg's Lizzy Burden on "The Pulse" to discuss his reaction to ECB Governing Council member Isabel Schnabel emphasizing the need for further interest rate increases due to upside inflation risks. He also talks about what he'd like to hear from US Federal Reserve Chair Kevin Warsh at Jackson Hole.
Anna Leach, chief economist at the Institute of Directors, joins Bloomberg's Lizzy Burden on "The Pulse" to discuss the priorities of British businesses in the upcoming UK budget. Leach also talks about the Burnham government's approach to reshaping the Cabinet Office and the creation of a national economic council with devolved powers, aimed at improving policy implementation and fostering economic growth.
China's Huawei Technologies has sent a proposal to the Egyptian government to build AI data centers for military, surveillance and other public sector use. Tom Mackenzie reports on Bloomberg Television.
JioBlackRock MD and CEO Sid Swaminathan discusses India's growing retail investor base and why he remains optimistic about the future of India's financial markets. He joined "Insight with Haslinda Amin" exclusively.
China's Huawei has pitched the Egyptian government on building AI data centers for military, surveillance and other public sector use, demonstrating its global chip ambitions and drawing alarm in Washington where officials are working to assemble a counteroffer. Bloomberg's Tom Mackenzie explains.
BlackRock Global Chief Investment Strategist Wei Li says she is still optimistic about the artificial intelligence trade as investors await Nvidia's quarterly earnings report. "Scarcity sellers are doing quote a bit better than scarcity buyers and Nvidia is a scarcity seller," Li tells Bloomberg Television. "You look at some of the price increases that we have been talking about, and it really does show that they have earnings pricing power, earnings momentum," she adds.
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
US microreactor company Nano Nuclear Energy is on the path to deploy its technology to the Middle East after signing the first and only nuclear microreactor partnership with the UAE. The agreement aims to help the country go off grid, power desert data centers and decarbonize oil and gas fields. Jay Yu, the company's founder, executive chairman and president spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the deployment in the UAE plus their plans for Mideast expansion.
Citigroup suggests the Southern African nation may be on a path to breaking from its past of economic instability, under the International Monetary Fund's watch. The nation's turnaround has been aided by high gold prices, an emerging lithium sector, and the introduction of the ZiG currency in 2024. Bloomberg Television's Jennifer Zabasajja explains on "Horizons Middle East and Africa."
Calix (ASX:CXL) reported a 16% increase in full-year revenue and other income to $39.2 million for the period ended June 30.
The Australasian Centre for Corporate Responsibility withdrew its Federal Court appeal against Santos (ASX:STO), ending legal action started in 2021.
