Japan's Defense Chief Challenges China's Transparency
Japanese Defense Minister Shinjiro Koizumi spoke with Bloomberg News' Alastair Gale in Tokyo about security in the Asia Pacific region.
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Japanese Defense Minister Shinjiro Koizumi spoke with Bloomberg News' Alastair Gale in Tokyo about security in the Asia Pacific region.
European Investment Bank President Nadia Calviño discusses the lender's investment in security defense, tech and energy projects in an interview with Bloomberg TV's Guy Johnson. She said the UK's exit from the European Union is partly responsible for the EU's failure to integrate its capital markets. "We shouldn't underestimate the importance of Brexit," Calviño said on Wednesday. "London was Europe's financial market, and after Brexit we have divided our forces."
The US and Iran plan to formally sign a memorandum of understanding on Friday in Switzerland. The interim deal would allow Iran to start oil exports immediately and gain access to a $300 billion economic development program following negotiations for a permanent peace agreement. Tyler Kendall reports on Bloomberg Television.
A US$245 million bitcoin social‑engineering scam allegedly run by teenager Veer Chetal — who is accused of tricking a Washington man into handing over 4,100 BTC — led to a brutal kidnapping plot against his parents.
A plaintiff using the alias “Noah Doe” has filed a 901‑page lawsuit in New York Supreme Court seeking rights to around 3.7 million dormant bitcoin, worth roughly US$285 billion, spread across 39,069 wallets including some linked to Satoshi Nakamoto and the Mt. Gox hacker.
Hong Kong has overtaken Switzerland as the world’s largest cross‑border wealth centre, holding about US$2.95 trillion of foreign assets compared with Switzerland’s US$2.94 trillion.
Anthropic’s new US$965 billion post‑money valuation, following a US$65 billion raise, has pushed it ahead of OpenAI’s roughly US$852 billion and set up a high‑stakes race for a trillion‑dollar valuation.
OpenAI has confidentially filed to go public at a reported valuation between US$730 billion and US$850 billion, even after losing about US$44 billion last year.
BMW said its profit margin will fall to as little as 1% this year as weakening Chinese demand and fallout from the Middle East conflict take a growing toll. The German automaker plans additional cost savings beyond those already announced. Danny Lee reports on Bloomberg Television.
Artificial Intelligence industry leaders including OpenAI's Sam Altman and Anthropic's Dario Amodei are set to attend the Group of Seven Summit in France on Wednesday. Oliver Crook reports from Evian.
BitGo Europe, a BaFin-regulated entity, said its Crypto-as-a-Service platform offers crypto companies a way to comply with Europe's Markets in Crypto-Assets regulation.
Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
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