Key PointsBroadcom has been partnering with Alphabet on chip design for years and projects that its AI semiconductor revenue will more than triple year over year in its fiscal third quarter.
China’s central bank rejected claims that the yuan is undervalued as trade talks began with the European Union, where officials have increasingly blamed trade imbalances on the exchange rate. The People’s Bank of China argued that exchange-rate adjustments won’t resolve structural imbalances in the global economy. Bloomberg's Oliver Crook reports. (Source: Bloomberg)
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
(RTTNews) - On Thursday, PharmAla Biotech Holdings Inc. (MDXXF) and Rua Bioscience Ltd. (RUA.NZ) announced the signing of a distribution and licensing agreement for the supply of pharmaceutical-grade MDMA in New Zealand.
(RTTNews) - European stocks are seen opening higher on Friday despite overnight losses on Wall Street. U.S. stock futures ticked higher after the Nasdaq posted its biggest single-day loss since mid-August on fresh concerns over the sustainability of the AI spending boom.
(RTTNews) - European stocks are seen opening higher on Friday despite overnight losses on Wall Street. U.S. stock futures ticked higher after the Nasdaq posted its biggest single-day loss since mid-August on fresh concerns over the sustainability of the AI spending boom.
Shihao Li, A-Share Strategist at CITIC CLSA, discusses potential demand for active ETFs in China after regulators announced approval of those products. He speaks on ETF IQ Asia.
(Source: Bloomberg)
Adena Friedman, Chair & CEO of Nasdaq, discusses the IPO pipeline for the exchange and the impact of round-the-clock trading. She speaks with Haslinda Amin from the sidelines of the Milken Asia Summit in Singapore.
(Source: Bloomberg)
Between five and 10 schools, including multiple College Football Playoff contenders, face scrutiny over third-party arrangements designed to skirt spending limits