Business
What's Next After Short Seller Andrew Short Found Guilty
Andrew Shortâs conviction marks a significant legal victory against market manipulation. This ruling signals stricter enforcement for short sellers and aims to restore investor confidence in market integrity.
London Tube strikes go ahead after talks fail
London Tube strikes proceed after talks failed, with RMT rejecting TfLâs four-day week offer over safety concerns. Services are severely reduced, though buses and other modes continue running.
General Mills sells HĂ€agen-Dazs ice cream stores in China
General Mills is selling its HĂ€agen-Dazs retail stores in China, reflecting a broader trend of international brands shifting toward localized management structures.
Chinaâs LNG Imports Rebound in May as Buyers Prepare for Summer
Chinaâs LNG imports surged in May as buyers prepared for summer demand.
Tencent moves closer to launching AI agent for Chinaâs most-used app
Tencent is nearing the launch of an AI agent for WeChat, aiming to catch up with domestic rivals after trailing in AI model development.
Foreign Ownership of Indian Shares Tumbles to 10-Year Low
Foreign ownership of Indian shares has dropped to a 10-year low. This decline occurs as the NSE prepares for a major IPO despite recent executive resignations.
US Cuts Tariffs on Farm Equipment, Trump Payout Fund Dropped
The US lowered tariffs on farm equipment, while data shows a significant drop in the Trump-related payout fund.
Aluminum Advances to Four-Year High on Tighter Global Market
Aluminum prices hit a four-year high due to tighter global supply. This surge follows stricter market dynamics impacting major producers like Rio Tinto in Canada.
General Mills to Sell Mainland China HĂ€agen-Dazs Ice-Cream Shops to Local Tea Brand Ningji
General Mills is selling its Mainland China HĂ€agen-Dazs ice cream shops to Chinese tea brand Ningji. This divestment marks a strategic shift for the US food giant in the region.
Chinaâs Yuan Rises to Highest Level Against Basket Since 2022
Chinaâs yuan hit its strongest level against a global currency basket since 2022, marking a significant shift in forex trends and reflecting broader economic dynamics.
US Cuts Agricultural Equipment Tariffs, Trump Payout Fund Pause
The US lowered tariffs on agricultural equipment, while the payout fund linked to Donald Trump was simultaneously suspended.
Bloomberg Daybreak Asia: Stocks Ease, Computex 2026 (Podcast)
Asian stocks eased as markets retreated, while coverage focused on Computex 2026.
Florida sues OpenAI and Altman for âhurtingâ children
Florida sues OpenAI and Sam Altman, alleging their AI chatbots caused significant harm to minors. The state cites a "litany of harms" in its complaint against the company and its CEO.
Short seller Andrew Left found guilty of securities fraud
Short seller Andrew Left was convicted of securities fraud. This ruling may significantly impact investors who publish stock analysis.
Weaponization Fund Pause, Trump Says Iran Talks Still On, More
Trump confirms Iran talks continue despite a pause on weaponization fund.
Billionaire Kazakh Brokerage CEO Gets SEC Enforcement Warning
The SEC issued an enforcement warning to the CEO of a Kazakh brokerage owned by a billionaire. This action highlights regulatory scrutiny on cross-border financial activities involving high-net-worth individuals.
Dollar steady as traders await progress on Middle East peace talks
The USD held steady as traders awaited progress on Middle East peace talks, with investors monitoring diplomatic efforts for potential market impacts.
Oil steadies as uncertainty over US-Iran talks keeps markets on edge
Oil prices held steady Friday as uncertainty over US-Iran talks kept traders cautious.
Optimum Pushes Apollo, Ares Debt Feud to Brink With Asset Shift
Optimumâs asset shifts have escalated the Apollo-Ares debt feud to a critical breaking point. Patrick Drahiâs strategic maneuvers intensify the standoff between the two firms.
South Korea Overtakes India as Worldâs Sixth-Largest Stock Market
South Korea has overtaken India as the worldâs sixth-largest stock market, driven by an 86% surge in market capitalization to $5 trillion this year.