Bloomberg Nachrichten

 

TBC Uzbekistan, a digital banking ecosystem, said it's weighing an initial public offering to support growth, potentially expanding a robust pipeline of state and private businesses in Central Asia's most populous nation preparing to sell shares....

The S&P 500 has been stuck in a range for the better part of four months, and investors are paying up to protect against the possibility that the next big move is down. To a growing number of strategists, that pessimism is cause to expect the opposite....

Hong Kong's luxury home market will likely cool off following a recent stamp duty increase before rebounding in the second half, JLL's Greater China Co-CEO Alex Barnes said....

Kenya's fourth-biggest bank by assets plans to piggyback on its new anchor shareholder Nedbank Group Ltd. to woo high-net-worth East Africans looking to grow their wealth outside the continent....

Asian liquefied petroleum gas prices surged to the highest in almost a year following an outage at an export terminal in Saudi Arabia, with at least one ship seen rerouting to the US for supplies....

The European Central Bank will closely monitor for any signs that the adoption of artificial intelligence throughout the economy is sparking job losses, President Christine Lagarde said....

Bruce Richards, CEO, Chairman and Co-Founder of Marathon Asset Management on Private Credit's exposure to the software industry. He says 'software will survive, but the multiples that they trade at are contracted and stay that way for a while'. Richards speaks to Bloomberg's Anna Edwards and Lizzy Burden on 'The Opening Trade', (Source: Bloomberg)...

Private equity firm Summit Partners is investing $122 million in Montreal's Stay22 Technologies Inc., a startup that offers technology to help publishers and creators earn money from online sales....

US Secretary of Commerce Howard Lutnick met India's Commerce and Trade Minister Piyush Goyal on Thursday, days after the US Supreme Court struck down President Donald Trump's sweeping global tariffs, signaling that the bilateral deal remains on track....

Private credit is way too exposed to the software industry, according to Marathon Asset Management LP Chairman Bruce Richards, but there is little risk of contagion to the wider market....

Most Venezuelans expect the economy and job market to improve within six months as the US eases sanctions and the government rolls out reforms to attract investment....

Allianz CFO Claire-Marie Coste-Lepoutre joins Bloomberg TV to discuss its full year results, profit outlook and a new share buyback program. Coste-Lepoutre speaks with Bloomberg's Lizzy Burden and Anna Edwards on The Opening Trade. (Source: Bloomberg)...

Microsoft Corp. is compliant with Japan's antitrust watchdog and its inquiry, the chief of its local unit said, as the company fields an investigation over possible anti-competitive practices involving the Azure cloud services....

S&P Global Ratings warned that rising fiscal pressures, particularly higher debt-servicing costs, are increasing downside risks for Indonesia's sovereign credit profile and could lead to negative rating action....

The approval rating of Mexican President Claudia Sheinbaum dipped to 56% in February, down nearly seven points since January and marking a fresh low for the leftist leader....

The US and Japan still need to do a lot of work to hammer the funding details for three projects announced as part of a US-Japan trade deal, according to the head of a Tokyo-backed bank involved in the negotiations....

Saudi Aramco canceled some deliveries of liquefied petroleum gas after a support structure collapsed at its Juaymah facility, sending prices higher and buyers scrambling for replacement supply....

Abu Dhabi is set to issue two benchmark-sized dollar bonds, in its first foray into debt markets of the year....

Japan's sovereign bonds can offer yields of around 6% for dollar-based investors willing to take a bet on long-dated debt, according to Navin Saigal, BlackRock's head of global fixed income for Asia Pacific, who dubbed the current backdrop a “golden age” for investing. He speaks with Haslinda Amin and Avril Hong on Bloomberg TV....

It's hard to imagine NYC becoming significantly more affordable as long as it's so expensive to build things. Whether we're talking about new housing or transportation, the city is a famously expensive place to do construction. There are reports of subway elevators costing $100 million per station. Public bathrooms end up costing millions as well. One driver of costs is insurance, but particularly acute in NYC, with costs as a share of a given construction project having surged over the decades. So what's the story? On this episode we speak with Elizabeth Crowley, the president and CEO of the Building Trades Employers' Association as well as Michael Capasso, the president and CEO of CAC Industries, a civil engineering firm which works on various heavy construction projects in the city. We talk about regulations that push the cost of operation higher, along with other factors such as project delays and labor availability. (Source: Bloomberg)...