BLOOMBERG NEWS

Asian stocks fluctuated amid US election uncertainty. Markets in Japan, Australia, and South Korea remained stable. Yields on 10-year Treasuries held steady. Wall Street edged higher with tech megacaps leading the rally. The Democratic National Comm...

Real-time dollar settlement in India’s newest financial hub in Gujarat, GIFT City, is set to begin later this year. The service aims to attract foreign investors by streamlining transactions and reducing delays.

Apple rejected Meta Platforms' offer to integrate its Llama chatbot into iPhones due to privacy concerns, opting for OpenAI's ChatGPT instead.

The dollar steadied as traders awaited an interest rate decision in Canada and U.S. services data. The yen received a boost after reports of potential bond buying cuts by the Bank of Japan, leading to a rise in the Swiss franc. Japanese real wages f...

The Middle East carrier is looking at ordering about 200 jets, looking at a mix of Airbus A350s and Boeing 777X models, with a decision possible as soon as the Farnborough Air Show in Britain late next month, the report said. Airbus said it is const...

The extent of foreign participation will be closely watched as an indicator of interest in Saudi assets. During Aramco's 2019 initial public offering, the $29.4-billion listing drew orders worth $106 billion, and about 23% of shares were allocated t...

The world's largest alternative asset manager has emerged as the buyer of a 55.1% stake in Infocom held by Tokyo-listed Teijin Ltd., the people said, asking not to be identified because the matter is private. Blackstone had offered about ¥260 billio...

Options trading has lured young traders with the promise of quick riches through social media hype. However, a recent study found that 85% of young traders incur losses within their first year due to a lack of understanding of options strategies.

According to a Bloomberg News survey of market participants, Indian stocks require Prime Minister Narendra Modi's party to secure more than 303 seats in the general election to continue their unprecedented rally. The survey, which included 32 asset ...

Investors are anxious about the potential impact of the ongoing general elections on economic policies. The possibility of the INDIA alliance, led by the Congress Party, coming to power has raised fears of a significant policy shift, particularly fo...

The Biden administration urges tech companies to tackle antisemitic content. Companies like Alphabet, Meta, Microsoft, and TikTok met with U.S. special envoy Deborah Lipstadt to combat rising antisemitism post Hamas attack on southern Israel and Gaz...

Indian stocks' performance is closely tied to the Bharatiya Janata Party's election success. A Bloomberg News survey suggests that if the party wins over 303 seats, stocks could rally; otherwise, a drop is expected.

Cathie Wood's Ark Investment Management purchased a stake in xAI, Elon Musk's AI startup valued at $24 billion, as reported by Bloomberg News.

Alibaba Group Holding Ltd plans to raise $4.5 billion through convertible bonds, with options for additional purchases, to repurchase American Depositary Shares. The bond sale caused a drop in Hong Kong-listed shares, while U.S.-listed shares remain...

India's economic trajectory for global investments is driven by stable macroeconomic environment, robust earnings growth, and significant contributions from software services and remittances. Inclusion in MSCI EM index and prominent Emerging Market ...

Government initiatives and rising energy demand are transforming the Indian power sector, offering investment opportunities with high growth and reasonable valuations. The sector's growth is fueled by a move towards renewable energy sources, positio...

The bearish positions in the derivatives market have come at a time when overseas investors have pulled out about $4 billion from local stocks since early April, reflecting a cautious outlook about the outcome of the elections.

Microsoft’s Generative AI will be used by the US Intelligence community to analyze large amounts of data and provide actionable inputs. The tool is presently being tested.

HDB Financial, incorporated in 2007, provides secured and unsecured loans and has more than 1,680 branches across India.