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‘Governments defending prices against fundamentals always lose’
Expatriates relocating to Hong Kong are fueling demand in the city’s luxury residential market, with rents expected to climb 5% in 2026, according to JLL.
US Treasuries and emerging-market currencies are diverging the most in more than four years as higher US yields fail to fuel the dollar’s strength like they once did.
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US prepares to send diplomats back to Middle East embassies after Iran war evacuations, NYT reports Reuters
In the current Russian leadership’s rather 19th — though increasingly 21st — century view of how the world works, lesser powers must defer to great ones or pay the price. The UK, a country in a category all of its own when it comes to Kremlin resentments, has just been warned that it’s in line for s
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FORM 8.3
Kevin Warsh’s first major speech as chairman of the Federal Reserve has become an unexpected trial of his slimmed-down communications style.
The statements came 14 years apart, but they almost could have been written from the same template.
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Beijing says it will take ‘all necessary measures’ if Washington expands crackdown on business with Tehran
Volkswagen Chief Executive Officer Oliver Blume told workers at the main Wolfsburg factory on Tuesday that roughly half of the carmaker’s additional workforce reductions will need to happen in Germany. William Wilkes reports on Bloomberg Television. (Source: Bloomberg)