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Investors Dial Back October Hike Bets After Warsh; Taiwan to Curb AI Chip Exports to China

4 days 4 hours ago
US equity futures waver after rising on Federal Reserve Chair Kevin Warsh's remarks at the IMF meetings. Taiwan is said to be preparing to tighten export controls on AI chips to further align with US restrictions, while the EU and China holds high-level trade talks. Russia is reportedly deploying an army of bots to push AI-fabricated videos and influence views on the US midterm elections. Arend Kapteyn of UBS speaks to Bloomberg's Lisa Abramowicz on "Bloomberg Brief" at the IIF annual meeting in Bangkok. (Source: Bloomberg)

Pimco’s Balls Sees Good Value in Long End of Yield Curve

4 days 4 hours ago
Andrew Balls, global fixed income CIO at Pimco, says one to two further interest-rate hikes from the Federal Reserve “seems reasonable” as the central bank targets a return to 2% inflation. He also explains why he sees “good value” in the long end of the Treasury yield curve amid uncertainty around artificial intelligence. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Regeneron's Libtayo Wins EMA CHMP Support For Extended Dosing

4 days 4 hours ago
(RTTNews) - Regeneron Pharmaceuticals, Inc. (REGN) announced Friday that the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) has adopted a positive opinion recommending approval of an alternative dosing schedule for Libtayo (cemiplimab) acr
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