Press Association
Pound falls to all-time low against US dollar amid fears over UK tax cut plans
The pound has plunged to an all-time low against the US dollar amid hammered market confidence in the Government’s economic plans after the Chancellor last week unveiled the biggest tax cuts in 50 years and signalled more were on the way.
Press Association
Rayner hammers Tories over economic turmoil
Excerpts from Deputy Labour Leader Angela Rayner's speech to close the party's annual conference.
She mocked the current economic chaos, joking that Liz Truss has even “crashed the pork market”, a nod to the Prime Minister’s enthusiasm...
Curated Video
Stocks Tumble As Federal Reserve Eyes Interest Rate Hikes
The Dow Jones dropped by more than 700 points Monday morning, while the NASDAQ and S&P 500 were down 440 points and 120 points, respectively.
Bloomberg
First Look With Surveillance: Japan FX, Powell Warns
Anna Edwards, Matt Miller and Kailey Leinz take you through what to watch today.
Bloomberg
Robinhood CEO Says Only 2% of Users Trade on Margin
Feb.18 -- Rep. Gregory Meeks, a Democrat from New York, asks Robinhood Markets CEO Vlad Tenev how he justifies allowing customers to buy stocks on margin. Tenev speaks before a House Financial Services Committee hearing.
Bloomberg
IMF Not Seeing Any Kind of Systemic Debt Crisis: Gopinath
Apr.06 -- IMF Chief Economist Gita Gopinath discusses the organization's 2021 economic growth forecast and calls $650 billion in currency aid "a good beginning." She speaks on "Bloomberg Markets."
Bloomberg
Tamil Nadu Finance Minister Rajan on Plans to Revive the State Economy
May.28 -- Tamil Nadu Finance Minister, Dr. Palanivel Thiaga Rajan, discusses how the virus impacted his state and the government plans to provide support to people and revive the state economy. Tamil Nadu is the second largest state in...
Bloomberg
Yen Near Prior Intervention Levels
The yen fell for a third consecutive session on Monday, breaking through 145 yen per dollar, putting it within striking distance of a new low. David Finnerty reports on Bloomberg Television.
Press Association
Finance Secretary Kate Forbes speaks about Government Expenditure
Finance Secretary Kate Forbes speaking about the latest Government Expenditure and Revenue Scotland (GERS) figures that show spending in Scotland is £1,828 higher in Scotland per person than the UK average.
Bloomberg
China Eyes 2021 Economic Goals
Dec.16 -- Chinese leaders are likely to convene this week to lay out their economic priorities for 2021, with a renewed focus on reigning in debt and shielding the economy from geopolitical tensions. This year’s Central Economic Work...
Sky News
David Cameron Vows to Stick to the Deficit Plan
David Cameron Vows to Stick to the Deficit Plan
Bloomberg
Saudi's U.S. Treasury Holdings Fall for Fifth Month
Aug. 17 -- Mazen Al-Sudairi, group head of sell-side research at Alistithmar Capital, discusses Saudi Arabia unwinding its treasury holdings and the outlook for the economy. He speaks to Yousef Gamal El-Din and Haidi Lun on "Bloomberg...
Bloomberg
Allianz GI Sees Leveraged Loans as Potential Driver of Next Slowdown
Dec.11 -- Mona Mahajan, U.S. investment strategist at Allianz Global Investors, warns about the potential economic impact of corporate leveraged loans, while the firm's base case remains no recession in 2019. She speaks on "Bloomberg...
Bloomberg
Why Economist LaVorgna Is Worried About U.S. Growth in 2022
Aug.03 -- Joseph LaVorgna, chief economist of the Americas at Natixis CIB, explains the market signals behind his concerns about U.S. economic growth. He speaks on “Bloomberg Surveillance.”
Sky News
Interview with Prime Minister Liz Truss
CLEAN: Interior interview with Prime Minister Liz Truss at the Empire State building ahead of the UN General Assembly on 20th September 2022 in New York, United States
Bloomberg
Why Low Energy Prices Are Good For Chinas Economy
Dec. 10 -- Producer prices continue to slide in China while consumer prices are rising at the slowest rate in five years. Bloomberg's Tom Orlik discusses what these figures mean to the countrys economy on Countdown. (Source: Bloomberg)
Bloomberg
Banks Bet on More Casino Borrowing
Apr.20 -- Macau casino operators may be tempted to refinance loans in 2017 after operator SJM Holdings heralded its signing of a $3.2 billion deal. Bloomberg's Finbarr Flynn reports on "Bloomberg Markets: Asia."
Bloomberg
Thomas Barrack Sees Bubbles as Necessary for Growth
Sept. 27 -- Thomas Barrack, founder and executive chairman at Colony Capital, examines how the Federal Reserve and interest rates influence the U.S. economy, the need for bubbles to spur growth, and the limits of what a president can...
Sky News
Water Companies Criticised For High Bills
VOICED: The water industry regulator has been criticised for allowing companies to pocket 800 million pounds at the expense of their customers. The National Audit Office has insisted that water bills have not fallen, despite firms...
Bloomberg
Africa in Focus: Ramaphosa Cuts Short Trip as S. Africa Faces Record Blackouts
Dec.11 -- South African President Cyril Ramaphosa cut short a trip abroad to deal with an escalating crisis at the state power company. Meanwhile, record commodity prices and low global interest rates have encouraged African countries to...
Bloomberg
Evergrande Fails China’s ‘Three Red Lines’ Test
Apr.12 -- China Evergrande Group remained in breach of three key measures for debt levels at the end of last year while almost half of the country’s 66 major developers were able to avoid crossing the so-called “three red lines.” That...
Bloomberg
Ritholtz Says It's Time to Ratchet Down Market Expectations
Oct.05 -- Barry Ritholtz, a Bloomberg Opinion columnist, says don't expect 2022 to be as good as 2021 is for markets. He speaks with Bloomberg's Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance." Ritholtz's opinions are his own.
Bloomberg
China Central Bank Unexpectedly Cuts Key Rate to Spur Growth
The People's Bank of China unexpectedly cut a key policy interest rate for the first time since January. The central bank lowered the rate on its one-year policy loans by 10 basis points to 2.75%. The seven-day reverse repo rate, also a...