News Clip4:18
Bloomberg

Global Appetite for Equities Is Diminishing: Woods

Higher Ed
"The global appetite for equities is diminishing," says John Woods, Asia Pacific chief investment officer at Credit Suisse. "We've been underweight equities for a number of months." He speaks on Bloomberg Television.
News Clip1:59
Bloomberg

SK Hynix's Losses Widen After Tech Slump Deepens

Higher Ed
South Korean memory chip supplier SK Hynix Inc. posted its second straight quarterly loss after revenue plummeted about 60%. Stephen Engle reports on Bloomberg Television. Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip7:26
Bloomberg

BofA's Qiao Raises China's 2023 GDP Growth Forecast

Higher Ed
BofA Global Research Chief Greater China Economist Helen Qiao says she is raising her China GDP growth forecast from 5.5% to 6.3% in 2023. She speaks with Yvonne Man and David Ingles on "Bloomberg Markets: China Open".
News Clip9:11
Bloomberg

Too Soon to Call for Recession: Rhame

Higher Ed
FS Investments Chief US Economist Lara Rhame says it's too soon to call for a US recession. She's on "Bloomberg Surveillance."
News Clip1:35
Bloomberg

First Republic Shares Plunge After Drop in Deposits

Higher Ed
First Republic Bank shares dropped 21% in early trading Tuesday. Kailey Leinz reports. Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us...
News Clip2:39
Bloomberg

Banco Santander on Track to Meet 2023 Targets, CFO Says

Higher Ed
Banco Santander SA Chief Financial Officer Jose Garcia Cantera discusses the Spanish lender's financial results and outlook. Santander's earnings beat estimates as tailwinds from central bank rate hikes offset the impact of higher costs...
News Clip3:35
Bloomberg

Asia Earnings Week Ahead: SK Hynix, Kweichow Moutai, BYD

Higher Ed
Asia's earning season has kicked off this month and analysts are expecting the downward trend in earnings revisions has finally come to an end following the robust revival in China. Gareth Allan reports on Bloomberg Television.
News Clip6:50
Bloomberg

Barclays Asia Pacific's Chang on China's Economy

Higher Ed
Barclays Asia Pacific's Chief China Economist Jian Chang discusses China's April trade data and her outlook on the broader economy. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
News Clip2:48
Bloomberg

Fed's Going to Hike Two More Times: Citigroup GM's Chua

Higher Ed
"Fed's going to hike two more times and won't be done until July." Johanna Chua, chief APAC economist at Citigroup Global Markets, discusses Fed policy and her outlook for inflation. She speaks on Bloomberg Television.
News Clip2:34
Bloomberg

Gold May Rise to Record in Not-Too-Distant Future, ANZ Says

Higher Ed
Daniel Hynes, senior commodity strategist at ANZ Banking Group Ltd., discusses the outlook for energy, industrial metals and gold. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia." Follow Bloomberg for...
News Clip3:02
Bloomberg

Buffett Predicts Earnings Decline at Berkshire Units

Higher Ed
Warren Buffett seems to be cautious about what lies ahead. The billionaire investor expects earnings at the majority of Berkshire Hathaway Inc.'s operations to fall as economic activity may slow down. Su Keenan reports on Bloomberg...
News Clip4:49
Press Association

Irish premier defends government's policy on housing during US visit

Higher Ed
Taoiseach Leo Varadkar speaks to the media in Washington DC on Ireland's housing crisis at the beginning of his trip to the US for St Patrick's Day.
News Clip3:25
Bloomberg

Market in China Has Cheapened Up Again: Garner

Higher Ed
"Market in China as a Whole, has cheapened up again." Jonathan Garner, chief Asia and EM strategist at Morgan Stanley, discusses his investment strategy for China and what opportunities he's seeing. He speaks on Bloomberg Television.
News Clip2:43
Bloomberg

US Jobless Claims Rise by the Most in Six Weeks

Higher Ed
Initial unemployment claims rose by 13,000 to 242,000 in the week ended April 29, Labor Department data showed. Continuing claims fell by 38,000 to 1.81 million in the week ended April 22. Mike McKee looks at the numbers on "Bloomberg...
News Clip9:59
Bloomberg

HSBC CEO On Buybacks, Cost-Cutting, Banking Turmoil

Higher Ed
HSBC Holdings will buy back as much as $2 billion of stock as the Asia-focused lender announced a fresh plan to return money to shareholders after reporting first-quarter results that beat estimates. Speaking exclusively to Bloomberg,...
News Clip5:27
Bloomberg

Banking Fears Continue

Higher Ed
Mona Mahajan, Edward Jones Sr. Investment Strategist and Greg Peters, PGIM Co-CIO of Fixed Income dive into the turmoil surrounding the US banking system and whether another shoe will drop after First Republic.
News Clip1:12
Bloomberg

US Core PCE Rises 0.3% as Inflation Pressures Persist

Higher Ed
US inflation pressures persisted in March as the personal consumption expenditures price index excluding food and energy, the Fed's preferred measure of underlying inflation, rose 0.3% in March from the prior month and 4.6% from a year...
News Clip5:13
Bloomberg

Deutsche Bank CFO Von Moltke Says Liquidity, Capital Improved

Higher Ed
Deutsche Bank AG Chief Financial Officer James von Moltke discusses the lender's financial results, prospects and strategy. The German bank has pledged to step up cost savings after its traders trailed Wall Street for a second straight...
News Clip7:13
Bloomberg

AstraZeneca Profit Climbs on Cancer Drugs

Higher Ed
AstraZeneca Chief Financial Officer Aradhana Sarin discusses the company's financial results, outlook and strategy. Cambridge, England-based Astra profit rose in the first quarter, helped by sales of its blockbuster oncology treatment....
News Clip2:18
Bloomberg

Samsung Posts Record Chip Losses

Higher Ed
Samsung Electronics Co. posted record quarterly losses in its chip division, demonstrating the broad fallout from a global downturn dogging the biggest technology firms. Youkyung Lee reports on Bloomberg Television.
News Clip5:53
Bloomberg

Morningstar on China's Consumer Sector

Higher Ed
Jennifer Song, Senior Equity Analyst at Morningstar, gives her latest take on China's liquor distillery sector following the Hong Kong debut of Baijiu-maker ZJLD. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China...
News Clip5:20
Bloomberg

Rabois Says VC Is Investing More in Miami

Higher Ed
Founders Fund General Partner Keith Rabois joins Caroline Hyde and Ed Ludlow to discuss why he believes Miami is the next tech hub, what other sectors than crypto have seen momentum there, and what he thinks about generative AI.
News Clip2:05
Bloomberg

Lisa's Market Movers: Top Moving Stocks This Morning 4/27

Higher Ed
Bloomberg's Lisa Abramowicz reports the top moving stocks this morning: Meta, Ebay and Vornado Realty Trust.
News Clip2:08
Bloomberg

US GDP Slows More Than Expected as Jobless Claims Fall

Higher Ed
US economic growth slowed more than expected in the first quarter. GDP rose at a 1.1% annualized rate as applications for unemployment benefits fell for the first time in three weeks. Mike McKee reports on "Bloomberg The Open." Follow...