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BloombergBusiness

Taiwanese Brokerage Yuanta Taps Banks for $1.3 Billion of Loans

Yuanta Securities Co., Taiwan’s largest brokerage, and its subsidiary, are seeking up to NT$42 billion ($1.3 billion) through two syndicated loans, according to people familiar with the matter, a fundraising that highlights surging demand for financial services amid the stock boom.

BloombergBusiness

How a Major Grocery Store Chain Can Dramatically Lower the Cost of Food

In June, grocery giant Aldi opened a store just off of Times Square in Manhattan. It's the company's first location in Midtown and, according to their Chief Commercial Officer Scott Patton, Aldi has to orchestrate a "logistical symphony" to get groceries into the middle of one of the busiest places in America. For instance, they use shorter trucks to navigate the tight corners of New York City streets. On this episode, we speak with Patton about what it took to open this specific Aldi and why they chose a busy tourist location like Times Square. He also explains how the company — famous for its low prices — is able to sell even wagyu ground beef at a consumer-friendly price point, how the mostly private-label grocer thinks through which name brands to incorporate into their stock, Aldi's cult-favorite "Aisle of Shame," a short history of barcode innovation, and how GLP-1s are changing consumer habits. (Source: Bloomberg)

BloombergBusiness

Odd Lots: How Aldi Strategizes to Lower Grocery Costs (Podcast)

In June, grocery giant Aldi opened a store just off of Times Square in Manhattan. It’s the company’s first location in Midtown and, according to their US Chief Commercial Officer Scott Patton, Aldi has to orchestrate a “logistical symphony” to get groceries into the middle of one of the busiest places in America. For instance, they use shorter trucks to navigate the tight corners of New York City streets. On this episode, we speak with Patton about what it took to open this specific Aldi and why

BloombergBusiness

ICICI Bank Mulls First Benchmark Dollar Bond Sale Since 2017

ICICI Bank Ltd., India’s second-largest private-sector lender, is in talks to raise at least $500 million in offshore bonds as it seeks to capitalize on a recent Reserve Bank of India concession for overseas borrowings, according to people familiar with the matter.

BloombergBusiness

Private Credit Is Betting on Consumer Debt at a Precarious Time

Bloomberg's Rene Ismail joins Scarlet Fu on "Bloomberg Real Yield." The private credit industry was dubbed “shadow banking” as it took business away from traditional lenders. Buy Now, Pay Later companies have been referred to as hawking “phantom debt” that falls outside Wall Street’s typical tracking methods. (Source: Bloomberg)

BloombergBusiness

Families Look For Affordable Summer Fun Amid Cost Crunch

Sky Zone CEO Dave Hoffman said that the trampoline park company is looking to help parents give their kids the summer they deserve with membership deals as families feel squeezed by higher prices. Hoffman said that his company's thesis is about prioritizing 'active and social play' for kids as they navigate a very online world post covid. (Source: Bloomberg)

BloombergBusiness

JPMorgan Joins Gulf Banks on $7 Billion Loan for Syrian Projects

JPMorgan Chase & Co. is joining Gulf lenders to help arrange about $7 billion of debt financing for a Qatari firm’s projects in Syria, marking one of the biggest foreign commitments to the country’s reconstruction since dictator Bashar al-Assad was ousted by rebel forces.

Hong Kong Free PressBusiness

Pilot who hit Beijing tower wrote about ending life, gov’t says

The pilot who died after crashing a small plane into Beijing’s tallest skyscraper, injuring 13 people, had mental health issues and had written about suicide in his diary, authorities said Thursday. The 66-year-old man flew a light aircraft into the 528-metre (1,732-foot) CITIC Tower in Beijing’s Central Business District on Friday at 5:55 pm (0955 […]

BloombergBusiness

Citi's Luet: China's Franchise Has Grown Very Strongly

Marc Luet, Head of Japan, Asia North & Australia and Banking at Citi, says the bank has seen the role of the yuan grow and is hopeful of obtaining a securities license in China. He speaks exclusively on "Bloomberg: The China Show." (Source: Bloomberg)

BloombergBusiness

Business of Sports: Seahawks for Sale, NBA in Vegas

Bloomberg's Randall Williams joins Dani Burger and Scarlet Fu on "Bloomberg Deals." The first round of bids for the Super Bowl champion Seattle Seahawks — set to be the biggest ever sale for an NFL team — were due Monday. Also former Disney CEO Bob Iger and Thrive Capital founder Joshua Kushner have hired investment bankers and discussed making a bid for the NBA expansion team in Las Vegas. (Source: Bloomberg)

BloombergBusiness

Data Center Build-Out Supports High Valuations: Bilicic

Andrew Calder, executive committee member at Kirkland & Ellis, and George Bilicic, managing director and global head of power, energy & infrastructure at Lazard, join Dani Burger and David Carnevali on "Bloomberg Deals." (Source: Bloomberg)

BloombergBusiness

Small Caps Track Largest S&P 500 Lead Since 2003

The Russell 2000 has outperformed the S&P 500 by almost 14 percentage points during the first six months of this year. Should such a performance gap hold into year-end, it would be the largest in over 20 years. Jill Carey Hall, Equity Strategist and Head: US SMID Strategy at Bank of America, discusses her mid-year outlook for small cap stocks. (Source: Bloomberg)

BBCBusiness

Money Box

Money Box Live considers what buying a flat means for your finances?

BloombergBusiness

Abu Dhabi Proposes New Offshore-Oil Pricing

Abu Dhabi National Oil Co., the UAE’s biggest oil company, is proposing a new pricing methodology for the sale of crude supplies to term customers, opting for an approach that’s more aligned with wider regional trading norms, according to people with direct knowledge of the matter. Bloomberg's Anthony di Paola reports. (Source: Bloomberg)

BloombergBusiness

US Says Witkoff, Kushner Had Positive Talks in Doha on Iran Deal

US negotiators Jared Kushner and Steve Witkoff had positive discussions with regional leaders in Qatar and technical talks with Iran are moving ahead, according to a senior administration official, as the countries seek to ease tensions in the wake of recent attacks that imperiled an already fragile ceasefire.

BBCBusiness

Woman's Hour

We discuss the key findings of Baroness Amos' National Maternity Investigation.

CNABusiness

WhatsApp messenger to begin offering usernames

Restricting access to phone numbers would mean they are not shared automatically in cases such as being added to a large group chat or messaging a person or business for the first time, WhatsApp said.

BloombergBusiness

Raizen Burns More Cash, Sets Steeper Charge Amid Restructure

Brazilian sugar and fuels company Raizen SA reported a cash burn of 3.4 billion reais ($657 million) for the first three months of 2026 and roughly doubled its impairment charge for the crop year, signaling continued challenges as it proceeds with its debt restructuring plan.

BloombergBusiness

Honeywell Aerospace CEO on Separation, Defense Demand

On the first day of trading following its spin-off from Honeywell International, Honeywell Aerospace CEO Jim Currier discussed the company's new status as a standalone aerospace and defense firm. Currier emphasized the company's embedded role within the aerospace and defense ecosystem, highlighting its mission-critical products and services across major commercial and defense platforms. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

BloombergBusiness

BofA to Pay SEC $7.5 Million Over Reporting Lapse Allegations

Bank of America Corp. agreed to pay $7.5 million to the Securities and Exchange Commission to settle allegations that its Merrill Lynch brokerage failed to properly file all required suspicious activity reports, according to a administrative action filed Monday.

The Japan TimesBusiness

Trump’s march of folly in Iran

It did not occur to the Trump administration that Iran would have a plan: retaliate with long-range strikes and close the Strait of Hormuz.

BloombergBusiness

Prosus Profit Jumps as Bets on E-Commerce Businesses Pay Off

Prosus NV said profit more than doubled in the last fiscal year, beating analysts’ estimates as growth in the tech investment company’s e-commerce businesses and an increase in the value of the stake it owns in China’s Tencent Holdings Ltd. boosted earnings.

BBCBusiness

The Everyday Hustle

Af Malhotra sits in and discusses how entrepreneurs can use AI daily with Polly Dhaliwal.

BloombergBusiness

Crealights Technology on Breakeven Outlook

Chinese optical module developer Crealights will break even as soon as this year due to strong demand. The company's CEO, Hu Zhaoyang, speaks to Minmin Low after its shares began trading in Hong Kong. (Source: Bloomberg)

The Japan TimesBusiness

Smash tacos with bear-approved veggies

Alpine leeks are a forageable example of the "sansai" (wild edible plants) that make springtime a bounty of flavors across Japan's countryside — for humans and bear-kind alike.

BBCBusiness

Money Box

Paul Lewis interviews Richard Lloyd, the chair of the Access to Banking Review.

BloombergBusiness

Education 'Getting Act Together' on Personal Finance: Cohen

Abby Joseph Cohen, professor at Columbia Business School, joins Lisa Mateo and Tom Keene on "Bloomberg Money." They discuss personal finance and the US education system's effort to educate students on financial literacy. (Source: Bloomberg)

BloombergBusiness

Abby Joseph Cohen Talks Greenspan's Legacy

Abby Joseph Cohen, professor at Columbia Business School, joins Lisa Mateo and Tom Keene on "Bloomberg Money." They discuss the legacy of former Fed Chair Alan Greenspan who died this week at the age of 100. (Source: Bloomberg)

BloombergBusiness

Bloomberg Money 6/26/2026

Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today's guests are: Columbia Business School Professor Abby Joseph Cohen and Morgan Stanley Wealth Management Managing Director Daniel Skelly. (Source: Bloomberg)

BloombergBusiness

New York Mets Fire Manager Mendoza After Rough First Half

The last-place New York Mets fired manager Carlos Mendoza and replaced him with Andy Green, an executive in the team’s front office, for the remainder of the season. Randall Williams, Bloomberg Business of Sports Reporter, discusses the move from the Mets as well as the World Cup so far. (Source: Bloomberg)

BloombergBusiness

Lingyi iTech Rises in Hong Kong Debut

Kathy Zeng, Chairwoman of Apple supplier Lingyi iTech, says the company has secured major clients in both the US and China as it expands into the humanoid robotics sector. She speaks with Bloomberg's Minmin Low on "Bloomberg: The China Show". (Source: Bloomberg)

BloombergBusiness

Cathay Bank Chairman Quits After Governance Dispute, Family Feud

Cathay United Bank Co. Chairman Kuo Ming-jian has resigned following a regulatory breach at the lender’s asset management affiliate linked to his outside positions, an incident that culminated in a physical altercation with a member of Taiwan’s billionaire Tsai family.

BloombergBusiness

Iran’s Leaders Are in No Hurry to Get a Peace Deal

On today’s Big Take podcast, David Gura and Bloomberg Opinion’s Marc Champion reflect on the state of negotiations between the US and Iran, discuss why Tehran will likely emerge from the conflict in a better strategic position than before and what foreign powers – from the Gulf to China – will be watching for in a proposed settlement. Listen wherever you get your podcasts. (Source: Bloomberg)

BloombergBusiness

US Army Bases to Host Critical Minerals Processing Plants

The US Army struck deals with several companies to build critical minerals processing plants on military bases around the country, a first-of-its-kind initiative by the Trump administration to boost domestic production of key materials.

BBCBusiness

Rethink

Could the US dollar lose its number one status?

BloombergBusiness

How the 1994 World Cup Changed the Business of Football Forever

The World Cup had been an enormously popular event with surprisingly limited commercial significance; the 1990 tournament in Italy, for instance, lost money for broadcasters. Then the World Cup came to the US in 1994 and everything changed. On this episode of the Odd Lots podcast, Joey D’Urso, author of More Than A Shirt, joins Tracy Alloway and Joe Weisenthal to discuss how advertisements and sponsorships by American corporations like McDonalds and General Motors in the 1994 World Cup changed the business of the sport forever. (Source: Bloomberg)

Hong Kong Free PressBusiness

Bank of China evaded billions of yuan in tax and issued illegal loans, audit finds

Two of China’s top state-owned banks, which are among the world’s largest financial institutions, have evaded billions of yuan in tax and issued illegal loans, according to the country’s national auditor. The Bank of China, one of the nation’s “big four” lenders, evaded paying 2.4 billion yuan (US$352 million) in tax between April 2023 and […]

Hong Kong Free PressBusiness

2 men arrested on suspicion of using false documents to open HSBC bank account

Hong Kong police have arrested two mainland Chinese men on suspicion of attempting to open bank accounts using false documents. The duo, a 54-year-old surnamed Kwok and a 71-year-old surnamed Wong, were detained for investigation following their arrests for allegedly using false instruments. The two tried to open bank accounts with suspected false documents at […]

BBCBusiness

The Food Chain

From kiwi fruit to caffeine: what helps, and what hinders, a good night's rest?

BloombergBusiness

Qualcomm Says Data Center Chips to Produce ‘Billions’ in ’27

Bloomberg's Mandeep Singh previews Micron earnings and the larger tech environment as companies at the forefront of AI forecast massive earnings. Singh said he finds similarities between the hold oil companies have on energy prices with how chip companies have a control of AI memory and are unlikely to increase that capacity as they bring in money. (Source: Bloomberg)

BloombergBusiness

Temasek Unit, Oman Fund Join Vinpearl’s Private Credit Deal

A unit of Singapore’s Temasek Holdings Pte. and Oman’s sovereign wealth fund are investing in a $255 million private credit financing for Vingroup JSC’s hospitality arm, underscoring continued appetite among state-backed investors in such opportunities in Asia.

The Japan TimesBusiness

What is driving Europe’s heat wave?

Scientists say the factors driving up temperatures are nothing new, but heat waves are made more intense in a world hotter because of burning fossil fuels.

BBCBusiness

Business Daily

Luis von Ahn co-founded the #1 language app after selling reCAPTCHA to Google

BloombergBusiness

Tesla Stockholders Bet on SpaceX Merger as Musk’s Real Endgame

It’s been a challenging year for Tesla Inc. shareholders, losing almost 10% while watching Elon Musk’s SpaceX complete the biggest initial public offering ever and immediately become the most valuable entity in the newly minted trillionaire’s collection.

BloombergBusiness

Monte Paschi CEO Lovaglio Says He Welcomes Interest in Bank

Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio said he’s pleased with the competing proposals for his bank as they show the value created in its turnaround, and plans to assess all options in the interest of stakeholders.

BloombergBusiness

Novonesis on Business Strategy

Ester Baiget, CEO of Danish biosolutions company Novonesis, discusses the firm's China business and growth strategy. She speaks with Minmin Low from the sidelines of the World Economic Forum's Annual Meeting of the New Champions in Dalian. (Source: Bloomberg)

BloombergBusiness

You're Going to Want Exposure SpaceX: Cleborne

Manuela Sperandeo, co-head of European iShares at BlackRock, and Jonathan Cleborne, managing director, head of Europe at Vanguard, joins Eric Balchunas and Joel Weber at the ETFs In Depth Conference at Bloomberg in London. They discuss investing in SpaceX and the rise of ETFs in Europe. This is an excerpt from their full conversation. (Source: Bloomberg)

BloombergBusiness

Greenspan Got Many Calls Right, Kroszner Says

Randall Kroszner, University of Chicago Booth School of Business professor, and former Federal Reserve Governor, who worked with Alan Greenspan, says he got many calls right during his career, but the "one negative" needs to be acknowledged. Some say Greenspan policies contributed to the 2008 financial crisis. Kroszner speaks on "Bloomberg Open Interest." (Source: Bloomberg)

BloombergBusiness

AbbVie's Deal with Apogee; Regenxbio Moves on Gene Therapy Drug | Stock Movers

On this episode of Stock Movers with Nathan Hager: - Apogee (APGE) shares are soaring on news AbbVie is closing in on a nearly $11 billion deal to buy inflammatory disease drug developer Apogee Therapeutics. That's also according to a Financial Times report. - Regenxbio (RGNX) shares are moving on news Regenxbio aligned with the FDA on next steps for a potential accelerated approval of Navsunli, a gene therapy for Mucopolysaccharidosis II, with the FDA confirming the company doesn’t need to conduct additional studies of the drug. - SpaceX (SPCX) is lower this morning, continuing its slide after its record IPO. (Source: Bloomberg)

BloombergBusiness

Alamos Gold Rejects Buyout Speculation

Alamos Gold CEO John McCluskey joins Bloomberg Open Interest to explain the seismic disruption behind the company’s production cut, why he sees the setback as temporary, and why he rejects the idea that a weaker share price makes Alamos an M&A target. (Source: Bloomberg)

BloombergBusiness

AbbVie to Buy Apogee Therapeutics for $10.9 Billion

Bloomberg Intelligence's Sam Fazeli discusses AbbVie's $10.9 billion acquisition of Apogee Therapeutics. The deal enhances AbbVie's presence in dermatology by adding treatments for atopic dermatitis, commonly known as eczema, to its portfolio. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)

BloombergBusiness

EasyJet Rejects Castlelake Takeover Bids

EasyJet has rejected three separate offers from Castlelake, prompting the investment firm to take its latest proposal that values the budget carrier at about £4.74 billion ($6.3 billion) directly to shareholders. The UK airline said it rejected the proposal as not being in the best interest of shareholders, accusing Castlelake of trying to buy the company "on the cheap." Bloomberg's Benedikt Kammel reports. (Source: Bloomberg)

BloombergBusiness

Odd Lots: Grace Shao on How Chinese AI is Different (Podcast)

China’s AI industry has changed a lot since DeepSeek released its cheap frontier model last year, and briefly sent US tech stocks falling. After being locked out of the most advanced chips, Chinese companies are now allowed to buy some Nvidia H200s. In fact, many of the big Chinese tech companies — like Baidu — are making a push to become full-stack players, with their own chips, models, and cloud infrastructure. Today’s guest is Grace Shao, an independent AI researcher and the author of the AI

BloombergBusiness

FDA to Review Easing Restrictions on Peptides

This summer the FDA will consider loosening restrictions on certain peptide injections, with encouragement from RFK Jr. and the Trump administration. Bloomberg Businessweek senior reporter Amanda Mull explains to hosts David Gura and Christina Ruffini how peptides are popular among wellness enthusiasts and biohackers, who claim they offer benefits ranging from treating tendonitis to enhancing tanning. (Source: Bloomberg)

BloombergBusiness

Esper: Hezbollah is 'Spoiler' for US-Iran Deal

Former US Defense Secretary Mark Esper joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains how Hezbollah remains a key spoiler to any lasting Iran deal because the group continues attacking Israeli forces and communities, giving Israel justification to keep responding militarily. (Source: Bloomberg)

BloombergBusiness

Lawrence, Kansas Embraces Algerian World Cup Team

The Algerian national soccer team was assigned to Lawrence, Kansas for training and practice during the World Cup and have been met with an enthusiastic reception from local residents. Mayor of Lawrence Brad Finkeldei shares with David Gura and Christina Ruffini on Bloomberg This Weekend the joys of this grassroots cultural exchange and how it strengthens international goodwill. (Source: Bloomberg)

BloombergBusiness

SpaceX IPO Sparks Anticipation for OpenAI and Anthropic

The capital influx from the SpaceX IPO, which ended its first week of trading up 37% from its IPO price, highlights strong investor enthusiasm. Bloomberg Radio host of "Masters in Business" Barry Ritholtz comes on Bloomberg This Weekend to discuss the potential impact of this enthusiasm on the upcoming IPOs of OpenAI and Anthropic, expected to go public in the near future. (Source: Bloomberg)

BBCBusiness

Money Box

Civil service pensioners face further delays to payments.

Hong Kong Free PressBusiness

Hong Kong’s Five-Year Plan: What our decision-makers can learn from China’s green strategy

The investors who excitedly bought into the SpaceX IPO, making Elon Musk a trillionaire, have implicitly made a prediction on the future. The company’s US$1.8 trillion valuation is based on the expectation that its AI business will have revenues of US$322 billion by 2030 – which is quite an eyebrow-raising prediction, given that 2025 revenues […]

BloombergBusiness

Global Stocks End Strong Week on Cautious Note

Global stocks are ending a strong week on a cautious note as relief over an interim peace deal between the US and Iran gave way to a focus on the challenges of securing a lasting agreement. Anneka Treon, Global Head of Private Banking, Wealth Management, and Investments at ING Investments, discusses her outlook for Europe, client concerns, and the broader macro picture. (Source: Bloomberg)

BloombergBusiness

Indian Banks Line Up $2.5 Billion Debt Sales Using RBI Swap

At least four lenders including the State Bank of India are preparing to raise about $2.5 billion selling bonds in the coming weeks, tapping a Reserve Bank of India facility that makes it cheaper to borrow dollars, according to people familiar with the matter.

Hong Kong Free PressBusiness

Reuters Institute report says Hong Kong media facing intimidation, financial crisis, political pressure and tax audits

An annual Reuters Institute report on the global news industry has said that Hong Kong journalists are facing “a widening range of intimidation, including tax investigations,” amid a deepening financial crisis among local media outlets. The 2026 Digital News Report said that journalists in the city are “treading carefully to avoid crossing vaguely defined legal […]

BloombergBusiness

How US Lawmakers See US-Iran Deal

The interim deal with Iran opens the door for 60 days of negotiations, but is getting mixed reviews on Capitol Hill. Kailey Leinz breaks down what lawmakers told Balance of Power about the deal. (Source: Bloomberg)

BloombergBusiness

LIV CEO Lays Out Plans To Keep League Alive

Scott O'Neil, CEO of LIV Golf, joins Dani Burger and Scarlet Fu on "Bloomberg Deals." LIV Golf has begun laying the groundwork for a potential US bankruptcy filing if it fails to raise new funds, according to people familiar with the matter. The golf league is currently looking for money after its main backer, the Saudi Public Investment Fund, pulled its funding. (Source: Bloomberg)

BloombergBusiness

Seeking to Raise $300M, Create Unique Structure: LIV CEO

Scott O'Neil, CEO of LIV Golf, joins Dani Burger and Scarlet Fu on "Bloomberg Deals." LIV Golf has begun laying the groundwork for a potential US bankruptcy filing if it fails to raise new funds, according to people familiar with the matter. The golf league is currently looking for money after its main backer, the Saudi Public Investment Fund, pulled its funding. (Source: Bloomberg)

BloombergBusiness

UniQure Shares Soar After FDA Reversal on Its Huntington’s Therapy

UniQure NV shares soared after the company announced it will be able to seek US approval for its Huntington’s disease gene therapy before conducting a new study, a dramatic reversal that shows the Trump administration is relaxing its previous hard-line stance on drug reviews.

CNABusiness

Cambodia scam centre leader extradited to China

Liu Ren established the Jin Bei Group in Cambodia in 2016, with the company operating "telecom fraud parks" in the country and committing "large-scale telecom and online fraud involving massive sums of money".

ASEANBusiness

Secretary-General of ASEAN Delivers Opening Remarks at the ASEAN–Russia Business Forum 2026 in Kazan

Secretary-General of ASEAN, Dr. Kao Kim Hourn, on 17 June 2026, delivered opening remarks at the ASEAN–Russia Business Forum 2026, held on the sidelines of the ASEAN–Russia Summit, in Kazan, Russia. In his remarks, he highlighted the complementary strengths of ASEAN and Russia and underscored o The post Secretary-General of ASEAN Delivers Opening Remarks at the ASEAN–Russia Business Forum 2026 in Kazan appeared first on ASEAN Main Portal .

BloombergBusiness

Oil Falls as US-Iran Deal Set to Add Wave of Supply

Oil headed for the longest losing run in 10 months on expectations that a US-Iran deal to reopen the Strait of Hormuz will unleash a wave of supply. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

BloombergBusiness

Financial Details Emerge as US, Iran Prepare for Signing

The US and Iran are preparing to formally sign an interim peace deal, with details of the accord still emerging and energy insiders skeptical of how fast it can reopen the Strait of Hormuz. Bloomberg Economics' Chris Kennedy breaks down the latest developments. (Source: Bloomberg)

BloombergBusiness

Oil Falls Below $80 For First Time in More Than Three Months

Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing. Gasoline prices are also falling. Bloomberg Mike McGlone joins to discuss. (Source: Bloomberg)

BloombergBusiness

A Billion Dollars of Leveraged SpaceX Bets Hit ETFs in One Day

Leveraged bets on SpaceX generated more than $1 billion of trading volume on their first day, as investors rushed to amplify wagers on the biggest IPO in history, underscoring the extraordinary retail appetite surrounding Elon Musk’s newest public company.

BloombergBusiness

Brightline Bondholders Grant Extension on Debt Payment

Brightline Trains Florida LLC, the struggling $6 billion private railroad between Miami and Orlando, struck a deal with holders of $985 million of municipal bonds to extend a debt payment due Monday through the end of the month, according to a securities filing.

The Japan TimesBusiness

Magnitude 5.5 quake jolts Tokyo area

The quake, measuring a lower 5 on Japan's seismic intensity scale, struck southern Ibaraki Prefecture at 7:46 p.m. There was no threat of a tsunami.

BloombergBusiness

Rathbones Shares Plunge on £60 Million Hit From FCA Review

Rathbones Group Plc shares plunged after the UK wealth manager said it expects to incur £60 million ($80.4 million) of additional costs over the next two years, as it addresses issues found in a watchdog review into how it treats its customers.

The Japan TimesBusiness

Why more bears are entering urban areas

Five deaths have already been reported this year as of the beginning of June, with bears showing a growing willingness to roam closer to where people live.

BloombergBusiness

Biocon's Mazumdar Shaw Says Firm On Track To Be Top Insulin Maker

Biocon founder Kiran Mazumdar Shaw says she is confident that the company's investment and capacity expansion in Insulin will make the company the top hub for the drug in the next five years. She speaks in an exclusive conversation with Bloomberg's Haslinda Amin. (Source: Bloomberg)

BloombergBusiness

Jardine to Buy Back $500 Million Shares, Seeks to Boost Returns

Jardine Matheson Holdings Ltd. will buy back $500 million of its own shares by the end of next year as the Hong Kong company lays out targets for its transformation from a long-term owner-operator into an active investor more akin to a private equity fund.

BloombergBusiness

Schumer Proposes Ex-Im Bank Revamp As Expiration Deadline Looms

Senate Minority Leader Chuck Schumer and fellow Democrats are seeking to expand the US Export-Import Bank’s mission and subsidize more domestic production as talks heat up about the future of the financing agency ahead of a Dec. 31 deadline to keep its doors open.

BloombergBusiness

How the IMF's Kristalina Georgieva Hires Top Talent

IMF Managing Director Kristalina Georgieva tells Francine Lacqua the interview question she asks every candidate, reflects on a career setback that ultimately changed her life, and shares what keeps her up at night as she prepares for the next global shock. (Source: Bloomberg)

Hong Kong Free PressBusiness

HSBC’s Hong Kong banking apps down in second outage of year

HSBC’s Hong Kong mobile apps were down on Monday, with the banking giant saying they are experiencing technical issues. Customers were initially shown an error message when opening banking apps stating that “access is restricted until we have your valid email address and mobile number.” By lunchtime, it was replaced with a message saying that […]

BloombergBusiness

Failed SpaceX IPO Allocation Prompts Korea to Widen Mirae Review

South Korea’s financial watchdog has expanded an inspection of Mirae Asset Securities Co. to examine the brokerage’s failure to secure an allocation of SpaceX shares in the company’s initial public offering, according to people familiar with the matter.

BBCBusiness

Business Daily

An ambitious project aims to build a business hub to rival Singapore or Hong Kong

BloombergBusiness

IDC, Vision Near Deal to Save Century-Old African Sugar Mills

Tycoon-backed Vision Group is in talks with South Africa’s Industrial Development Corp. to take an equity stake in sugar refiner Tongaat Hulett in exchange for additional funding, Vision Group shareholder and consortium member Robert Gumede said in an interview.

BloombergBusiness

Tehran Hesitates and US Remains Silent on Terms of Deal

Bloomberg News Senior White House Reporter Josh Wingrove joins Bloomberg This Weekend to discuss how with no in-person meetings occurring between the US and Iran, there is much uncertainty on both sides. (Source: Bloomberg)

BloombergBusiness

The Save Our Bacon Act Targets Pig Welfare in Pork Industry

New York Times opinion columnist Nicholas Kristof joins Bloomberg This Weekend to discuss with hosts David Gura and Christina Ruffini a new legislative effort called the "Save Our Bacon" act. The act is in response to a recent ruling on animal welfare standards and aims to address the treatment of pregnant sows in the pork industry. (Source: Bloomberg)

BloombergBusiness

Rep. Olszewski Expresses Skepticism Over Iran MOU Details

Democratic member of the Foreign Affairs Committee Rep. Johnny Olszewski joins David Gura and Christina Ruffini on Bloomberg This Weekend and expresses his skepticism about the finalization of a deal with Tehran, noting Iran's own uncertainty about signing the agreement. (Source: Bloomberg)

BloombergBusiness

Knicks Clinch NBA Title Sparking Citywide Celebration

After 53 years, the New York Knicks have won the NBA championship and ended one of the longest championship droughts for a major sports franchise. Bloomberg Business of Sports Reporter Vanessa Perdomo and Sportico Deputy Editor Eben Novy-Williams join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the profound impact this has on New York City. (Source: Bloomberg)

BloombergBusiness

NYC Comptroller Raises Concerns Over SpaceX Index Inclusion and Governance Structure

New York City Comptroller Mark Levine discussed the fast-tracking of SpaceX's inclusion into major indexes such as MSCI Global Standard and FTSE Russell, highlighting concerns about the abandonment of traditional criteria like seasoning periods and earnings track records. Levine emphasized the unprecedented governance structure of SpaceX, where a single individual holds dominant control with limited shareholder rights and no independent board oversight. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

BloombergBusiness

SpaceX IPO Whips Musk Fans Into Frenzy

Bloomberg's Nikki Waller joins Scarlet Fu and Tom Keene on "Bloomberg Money." Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records (Source: Bloomberg)

BloombergBusiness

Musk Becomes the World's First Trillionaire

Elon Musk has reached trillionaire status with the IPO of his company SpaceX. Bloomberg News ran the numbers — here's what he could theoretically do with all that money (Source: Bloomberg)

BloombergBusiness

New York is in the Money With Knicks’ Historic Run

The vibes in New York City are very, very good this week with the historic 29-point comeback in Game 4 of the NBA Finals. Bloomberg's Randall Williams joins Max Chafkin and Stacey Vanek Smith on the Everybody's Business podcast to unpack the NBA frenzy overtaking New York and the economic impact the Knicks' historic run has on the city. (Source: Bloomberg)

BloombergBusiness

US and Iran Nearing a Peace Deal Around Next Week’s G7 Meeting

The US and Iran are moving closer to signing an agreement to reopen the Strait of Hormuz that could potentially come as soon as Sunday with the Group of Seven world leaders set to meet next week. Abeer Abu Omar reports on Bloomberg Television. (Source: Bloomberg)

BloombergBusiness

Banks Curb Hedge Fund Bets on SK Hynix, Samsung After Rally

Global banks are curbing hedge funds’ leveraged bets on Asia’s top chipmakers including SK Hynix Inc. and Samsung Electronics Co. after a blistering rally this year raised concerns of a potential pullback, according to people familiar with the matter.

The Japan TimesBusiness

Japan successfully launches H3 rocket

The successful launch is an important comeback for Japan as it seeks to restore confidence in the H3 series and demonstrate the rocket can support a wider range of missions.

BloombergBusiness

SpaceX IPO Raises $75 Billion in Biggest Debut of All Time

Bloomberg's Ed Ludlow and Bailey Lipschultz break down the final developments from SpaceX as the company prepares to go public with a record-breaking IPO on Friday. Elon Musk's aerospace company raised $75 billion in the IPO, pricing 555.6 million shares at $135 each, according to a statement on its website Thursday. When asked about what's driving the interest despite the lack of current profits, Ludlow says that many investors believe that profitable opportunities that SpaceX have set out for the future, including data centers in space, may occur even sooner that the company is predicting. (Source: Bloomberg)

BloombergBusiness

Bloomberg Tech 2026 Opening Video

Bloomberg Tech 2026 took place in San Francisco bringing together the leading CEOs, investors and innovators who are harnessing technology to change the world around us. The summit opened with a look at the state of the industry and AI. (Source: Bloomberg)

BloombergBusiness

What Will Be The Legacy of the 2026 World Cup?

What is the legacy of the 2026 World Cup: expensive tickets or finally growing soccer in the US? On this week's episode of The Deal, Jason Kelly and Alex Rodriguez asked The Athletic's Henry Bushnell if ticket prices will ultimately drown out everything else. Listen to the full interview wherever you get your podcasts. (Source: Bloomberg)

BloombergBusiness

Oracle Bonds Rally as Funding Plans Signal Borrowing Discipline

Oracle Corp.’s bonds rallied on Thursday even as its shares tumbled, after the database giant calmed debt investors by saying it doesn’t expect additional bond issuance this calendar year and outlining plans to raise $40 billion of debt and equity in the current fiscal year.

BloombergBusiness

SpaceX IPO Draws More Than $100 Billion in Retail Orders

Retail investors bidding for shares in SpaceX’s initial public offering have submitted more than $100 billion in orders, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.

BloombergBusiness

Legal Expert Lipton on SpaceX Shareholder Disempowerment

University of Colorado Boulder Professor of Law and Laurence W. DeMuth Chair of Business Law Ann M. Lipton highlights how the SpaceX initial public offering structure limits investors' rights. Because of super voting shares, she notes that public shareholders have no votes, no sales, no suits. She speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)

BloombergBusiness

Hanuman Wind Pulls Bond Deal Again as Parent Governance Clouds

Hanuman Wind Power, a Hong Kong-based unit of troubled Thai renewable energy firm Energy Absolute Pcl, postponed a junk bond offering for a second time after it failed to attract the desired investor demand, according to a person familiar with the matter who asked not to be identified.

BloombergBusiness

SpaceX IPO Limits Investors' Rights: Legal Expert

Ann Lipton, the Laurence W. Demuth Business Law Chair, cautions that the IPO structure of SpaceX strongly limits the rights of everyday investors. She speaks on Bloomberg TV's Insight With Haslinda Amin. (Source: Bloomberg)

The Japan TimesBusiness

Your mum and dad are influencers now, too

As populations age and people delay retirement, these third-age influencers are restoring some relevance and legitimacy to age groups sidelined in many professions.

BloombergBusiness

SpaceX IPO Is Said to Be Over Four Times Oversubscribed

SpaceX's initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter. Bloomberg's Michael Hytha breaks down the latest developments. (Source: Bloomberg)

BloombergBusiness

Investor Tied to Troubled Bank Loans Charged With Fraud by US

A California real estate investor whose firm was accused by Western Alliance Bancorp of an almost $100 million fraud was criminally charged by the US, the latest fallout from a portfolio of commercial properties that sparked credit concerns at several banks last year.

Hong Kong Free PressBusiness

Hong Kong bus enthusiasts may be forced to abandon HK$1m restoration of classic China Motor Bus double-decker

Two friends who restore classic buses in Hong Kong are being forced to abandon their HK$1 million plans to resurrect a vintage double-decker. Terrence, along with his blacksmith friend Chung, who works in the automotive industry, had hoped to restore an antique ⁠China Motor Bus Company (CMB) vehicle at their facility in the New Territories’ […]

BloombergBusiness

Bloomberg CTO Office Spotlight

Zachary White, Product Manager, ASKB, Office of the Chief Technology Officer, Bloomberg, shares insights from Bloomberg's technology leadership team at Bloomberg Invest 2026 in Hong Kong. (Source: Bloomberg)

BloombergBusiness

S. Africa’s Eskom Spinoff Plan Raises Credit Concerns

South Africa’s plan to split power utility Eskom Holdings SOC Ltd. into separate units could weaken the state-owned electricity utility’s risk profile because its transmission unit accounts for a major share of its earnings, according to a bondholder and a ratings agency.

BBCBusiness

The Interview

Charles Gitonga speaks to entrepreneur Mohammed Dewji about being a billionaire in Africa

BloombergBusiness

Bruin Capital’s George Pyne: FIFA Figures ‘Mind-Blowing'

George Pyne, Founder and CEO of Bruin Capital, discusses the evolving landscape of sports business and investment. The dialogue highlights key aspects of organizing a major global sporting event and the financial strategies shaping the sports industry. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)

BloombergBusiness

BP CEO Shakes Up Structure in Push Back to Oil and Gas

New BP Plc Chief Executive Officer Meg O’Neill reorganized the energy giant’s leadership and reporting structures in an overhaul that cements the company’s focus on oil and gas as it tries to move beyond recent boardroom drama.

BloombergBusiness

GSK Agrees to Buy Nuvalent for $10.6 Billion

GSK agreed to buy Nuvalent in a deal valued at $10.6 billion, adding a biotech firm that’s developing treatments for lung cancer as the British pharmaceutical company seeks to rebuild its oncology franchise. Sam Fazeli of Bloomberg Intelligence has more. (Source: Bloomberg)

BloombergBusiness

Maybank Handles $4.9 Billion Deals for Singapore, Malaysia Hub

Malayan Banking Bhd said the Johor-Singapore special economic zone will drive further expansion, with Malaysia’s biggest lender having facilitated about 20 billion ringgit ($4.9 billion) in financing and investments in the area in the past couple of years.

BloombergBusiness

NY Knicks Success a Win for Lenders Who Propped Up Broadcaster

Just a year before the New York Knicks rode a double-digit winning streak to the NBA Finals, the company that broadcasts its games was thrown a lifeline to avoid a potential bankruptcy filing. Now, the lenders who backed that restructuring are likely cheering on the team’s success.

BloombergBusiness

Ingredion CEO Says Tate & Lyle Deal Creates Powerhouse

Ingredion Inc. agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), and will end the UK company’s near-century listing on the London Stock Exchange. Ingredion Chief Executive Officer James Zallie says the US company paid a "fair" premium and this deal creates an ingredients "powerhouse." He speaks on "Bloomberg The Close." (Source: Bloomberg)

BloombergBusiness

SpaceX Set for Historic IPO This Week

Elon Musk wants to build the infrastructure for AI in space — and he's asking investors to help pay for it. The rocket, satellite and now AI company wants to raise around 75 billion dollars in what could become the largest IPO in history, funding everything from its Starship rocket to AI computing power and future data centers in orbit. Bloomberg Tech's Ed Ludlow takes a look at what's at stake. (Source: Bloomberg)

BloombergBusiness

Drahi Reaches €20 Billion Deal to Sell Phone Carrier SFR

Billionaire Patrick Drahi has reached an agreement to sell French mobile carrier SFR to a consortium of rival telecommunications firms, in a deal that values the company €20.4 billion ($23.5 billion) and will test regulators’ tolerance for consolidation.

BloombergBusiness

‘Odd Lots’ Meets ‘The China Show’: Stock Rout Hits Asia

Asian stocks dropped Monday as AI-related shares sold off after a blistering rally, led by losses in Korean chipmakers SK Hynix and Samsung. Joe Weisenthal and Tracy Alloway from Bloomberg’s Odd Lots podcast join Yvonne Man and Stephen Engle on The China Show. (Source: Bloomberg)

BloombergBusiness

United Airlines CEO Discusses Industry Challenges

At The International Air Transport Association in Rio De Janeiro, United Airlines CEO Scott Kirby discussed with Co-host of Bloomberg Surveillance Lisa Abramowicz the current challenges facing the airline industry including rising fuel costs and their impact on ticket pricing. (Source: Bloomberg)

BloombergBusiness

FIFA World Cup Set to Be Most Lucrative Cup Amid US Hosting Concerns

The upcoming FIFA World Cup, hosted across North America, is projected to generate a record $11 billion in revenue. However, there are some questions on the actual benefits for the United States playing host. Bloomberg Business of Sports Columnist Adam Minter came on Bloomberg This Weekend to discuss what hosting such an event means for the host country. (Source: Bloomberg)

CNABusiness

US budget carrier Breeze Airways sets sights on 2027 IPO

Breeze Airrways Chief Executive David Neeleman, who has worked in the airline industry through some of its most turbulent periods, including the Sep 11, 2001, attacks in the US and the pandemic, had a cautiously optimistic tone when asked about the state of the aviation business.

BloombergBusiness

FIFA Prepares for World Cup 2026

FIFA is offering assurances to New York Mayor Zohran Mamdani that fans may bring water into World Cup stadiums — within certain rules. Mamdani raised concerns Thursday about reports that FIFA had banned fans from bringing bottles of water to World Cup matches, demanding answers from FIFA. Bloomberg Opinion Business of Sports Columnist Adam Minter joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss. (Source: Bloomberg)

BBCBusiness

Consumer Fight Back

A new report says that 3 in 4 people are not saving enough for a moderate retirement.

The Japan TimesBusiness

On patrol with Tokyo’s new litter police

On the streets of Shibuya, patrol teams caught 10 people littering on the first day of the new ordinance, 15 on the second day and nine on the third, according to city officials.

BBCBusiness

Free Thinking

Can the accumulation of wealth be ethical and what can we learn from Adam Smith's enquiry?

BloombergBusiness

Security Logistics In Focus As World Cup Countdown Begins

Dan Arnold, SVP of National Operations at Protos Security and Vanessa Perdomo-Maglione, Bloomberg 'Business of Sports' Podcast Host join Bloomberg Businessweek Daily to discuss the importance of security as the World Cup countdown begins. (Source: Bloomberg)

BBCBusiness

Witness History

How mass student demonstrations in May 1989 led to bloodshed in Beijing

Hong Kong Free PressBusiness

Hong Kong’s John Lee hails stronger ties with Central Asia, inc. direct flights to Kazakhstan and business link-ups

Chief Executive John Lee has announced that Hong Kong’s links to Central Asia will be strengthened with expanded visa-free arrangements and direct flights to Kazakhstan. Lee was speaking to reporters in the Kazakh capital of Astana on Tuesday during an official visit with business leaders. Hong Kong already has visa-free arrangements with Kazakhstan, Uzbekistan and […]