Bloomberg Nachrichten

 

Tom Kang, Research Director at Counterpoint, discusses the outlook for SK Hynix as the company reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex this year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade. (Source: Bloomberg)...

Greg Calnon, Global Head of Public Investing at Goldman Sachs Asset Management, discusses his outlook for markets and investment strategy. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade. (Source: Bloomberg)...

Chinese robovan operator Zelos Technology is planning an initial public offering in Hong Kong that could raise about $600 million, according to people familiar with the matter....

Just two weeks before voters in India's eastern state of West Bengal were due to go to the polls, about 9 million names were removed from the registered roll, causing an uproar among opposition groups....

The ongoing conflict in the Middle East is solidifying the US dollar's dominant role in global trade, according to one measure of activity in the interbank foreign-exchange markets....

Robotics component supplier Leader Harmonious Drive Systems Co. saw stronger profits last year and in the first quarter as demand soars for Chinese humanoid robots....

Global Head of Public Investing at Goldman Sachs Asset Management Greg Calnon talks to Bloomberg TV about the resilience of global markets despite an extended closure of the Strait of Hormuz, and suggests that investors are still pricing in a relatively speedy restoration of calm to energy supplies. (Source: Bloomberg)...

New Zealand's nascent economic recovery has been set back by the war in Iran, but is still expected to get back on track later this year, Finance Minister Nicola Willis said....

Microsoft Corp. announced its biggest-ever investment in Australia, pledging to spend A$25 billion ($17.9 billion) by the end of 2029 as it pushes deeper into the artificial intelligence market in the Asia-Pacific region....

Starbucks Corp. isn't stopping at Nashville. The coffee chain, which recently announced a new Tennessee office, is hunting for yet another location for technology workers that could potentially include international cities....

SoftBank Group Corp. is seeking a $10 billion loan secured by its shares in US artificial intelligence giant OpenAI, people familiar with the matter said, as it takes on more debt for its push into AI....

Australia's sovereign wealth fund, the A$335 billion ($240 billion) Future Fund, named Richard Brandweiner as chief investment officer, ending a months-long search to fill the role....

West Marine Inc. is huddling with a cadre of advisers as the boating retailer explores a debt restructuring amid burdensome leases and industry pressures, according to people familiar with the situation....

Bonds of Asian airlines, led by PT Garuda Indonesia, are showing strain from the Iran war, as higher fuel burdens compared with global peers amplify their vulnerabilities....

Makino Milling Machine Co. said the Japanese government has asked Seoul-based private equity firm MBK Partners Ltd. to cancel its planned acquisition of the company due to national security concerns....

UK workers were hit with the highest increase in tax rates on wages of any wealthy country last year, according to a new report, as the Labour government has come under pressure to lighten Britain's tax burden....

Tesla Inc. plans to spend roughly $3 billion to build a research chip factory in Texas, according to Chief Executive Officer Elon Musk, an early phase of an effort to establish chip manufacturing at a massive scale....

SK Hynix Inc. reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex “significantly” this year, underscoring surging prices of memory chips that underpin global artificial intelligence development. (Source: Bloomberg)...

The Iran war's fallout has made the Philippine central bank's next policy move a tough call: tighten to tame price pressures from the energy crunch, or stand pat to support a fragile economy....

Tesla anticipates billions of dollars in additional spending this year to support Elon Musk's ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Bloomberg's Dana Hull reports on how investors are reacting. (Source: Bloomberg)...