Business

We Are At A Top For Credit Spreads: Aronov

Oksana Aronov, head of market strategy, alternative fixed income, JPMorgan Asset Management, and Viktor Hjort, global head of credit strategy & desks analysts at BNP Paribas, join Scarlet Fu on "Bloomberg Real Yield." (Source: Bloomberg)

'Enough is enough': Jamaat-i-Islami announces 510 nationwide sit-ins against the petroleum levy

'Enough is enough': Jamaat-i-Islami announces 510 nationwide sit-ins against the petroleum levy

LAHORE: Jamaat-i-Islami Pakistan (JI) Emir Hafiz Naeemur Rehman on Thursday announced peaceful sit-ins against the petroleum levy at 510 locations across the country on Friday, warning that the protests would transform into a movement to…

June jobless rate rose to 4.9% on influx of fresh grads

June jobless rate rose to 4.9% on influx of fresh grads

MANILA, Philippines — The country’s unemployment rate edged higher for a second straight month in June as the labor market struggled to absorb a fresh wave of graduates entering the workforce. According to data released by the Philippine…

BSP seen to keep hawkish stance

MANILA, Philippines — July’s slower inflation is unlikely to persuade the Bangko Sentral ng Pilipinas to pause its campaign of interest rate increases, as policymakers remain focused on steering price growth back to their target, analysts…

India’s Lower House Backs Bill For Merchants to Charge for Online Payments

The lower house of India’s Parliament on Thursday approved a legislation that will allow banks and other service providers to levy charges on payments routed through the country’s instant payment network.

Dollar Heads for Best Day in Two Weeks as Oil Prices Advance

The dollar is poised to have its best day in two weeks as oil prices advanced amid fading optimism over easing tensions in the Middle East.

Trump Backs Hegseth After Report of Dispute Over Stockpiles

President Donald Trump defended Pete Hegseth after a report about a disagreement over dwindling US weapons stockpiles raised questions about the Pentagon chief’s future in the administration. “I am extremely happy with the job that Pete…

The Solomon trap: When brilliant minds build flawed logic

The Solomon trap: When brilliant minds build flawed logic

We all know King Solomon for his wisdom. If he were a modern CEO, he would be the visionary founder featured on every business magazine cover: the legendary entrepreneur who inherited a stable organization from his father, David, and…

Nscale Touts $51 Billion in Contracts, Targets September US IPO

Nscale is telling prospective investors it has about $51 billion of total contracted revenue ahead of a US initial public offering that could take place as soon as in September, according to people familiar with the matter.

SAT Schism Roils University of California System

Bloomberg's Liam Knox joins Scarlet Fu on "Bloomberg Real Yield." Thousands of faculty members are urging the UC system to reconsider its test-free admissions policy. They argue that more students are arriving underprepared for…

Govt reduces petrol price by Rs3.19, high-speed diesel by Rs1.50

Govt reduces petrol price by Rs3.19, high-speed diesel by Rs1.50

The government on Thursday reduced the prices of petrol and high-speed diesel (HSD) by Rs3.19 and Rs1.50 per litre, respectively. Following the revision, petrol will retail at Rs329.82 per litre, while HSD will cost Rs382.36 per litre. The…

Sequoia, Alphabet, and the AI Capital Cycle | Bloomberg Tech 8/06/2026

Bloomberg’s Ed Ludlow breaks down Alphabet's latest jumbo bond sale, receiving about $115 billion of orders after looking to raise $25 billion, signaling renewed investor appetite for debt tied to the AI boom after a recent selloff. Plus…