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Belgian Central Bank Governor Pierre Wunsch says the European Central Bank will likely need to raise interest rates further. The ECB Governing Council member speaks on the sidelines of the IMF-World Bank Annual Meetings in Bangkok.
Asia Society President and former Australian Prime Minister Kevin Rudd says the US and China are in "relative stability mode" after last month's leaders' summit in Washington. He speaks on the sidelines of Bloomberg's New Economy Forum in New Delhi.
China posted a trade surplus of $133 billion in September, fueled by a 36% export surge and a near-doubling in AI chip shipments despite sluggish domestic demand. Here's what it means for trading partners.
"With Canada, there's trust," Canada's Minister of International Trade Maninder Sidhu says at Bloomberg's New Economy Forum. He describes Canada as a reliable partner that can offer businesses greater certainty amid growing trade headwinds.
Pramod Kumar, India CEO at Barclays Bank, discusses the potential of further engaging with India's IPO market.
Hitachi Energy CEO Andreas Schierenbeck discusses whether the electricity infrastructure industry can expand fast enough to support the AI boom and industrial electrification, and how his company plans to convert demand into sustainable growth. He also explains why electricity networks are increasingly becoming a national security issue, not just an infrastructure challenge. He speaks with Shery Ahn from the sidelines of "Bloomberg New Economy Forum".
Former Australian Prime Minister and Asia Society Global President & CEO says the US and China are in a "stability mode" where they have different national interests but no incentive to immediately ramp up political and trade tensions.
Surendra Rosha, HSBC Asia & Middle East Co-Chief Executive, discusses growth opportunities in India including infrastructure buildout.
The Securities and Futures Commission warned investment banks and other intermediaries against arrangements that may artificially inflate demand for initial public offerings. Minmin Low has more on "The Asia Trade."
Bank of America was fined more than $1.21 billion for money laundering and sanctions violations by US regulators. Katherine Doherty has more on "The Asia Trade."
Federal Reserve Bank of Boston President Susan Collins says interest rates will likely need to rise more before the end of the year to help rein in inflation during a banking conference hosted by the Boston Fed.
Applied Materials CEO Gary Dickerson says he expects revenue to double over the next few years. He notes that Applied Materials had opened a $5 billion research and development center in Silicon Valley to speed development of next-generation chips. He speaks with Ed Ludlow on "The Close."
