Market News

Australia, Canada, and the UK have formally recognized a Palestinian state, ahead of the UN General Assembly meetings. The move has drawn criticism from President Trump and Israeli Prime Minister, Benjamin Netanyahu, who argue that it rewards Hamas and threatens Israel's security. Gershon Baskin, Co-Founder and Co-Director of Alliance for Two States spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche about the significance of this announcement. (Source: Bloomberg)

Thailand will ban imports of animal-feed corn produced from agricultural burning, a move that should help curb a worsening cross-border pollution issue while paving the way for purchases from the US.

Sjoerd Leenart, Asia Pacific CEO and Head of Banking at JPMorgan, discusses the bank's business strategy in India and how they see the country as a 'bright spot'. He speaks with Menaka Doshi from the sidelines of the 'JPMorgan India Conference' in Mumbai. (Source: Bloomberg)

Chinese authorities launched an investigation after a fireworks show in Tibet sponsored by the outdoor gear maker Arc’teryx sparked a social media backlash, with people expressing concern about its impact on the environment. Shares of its parent Anta Sports fell as much as 7.3% in Hong Kong. (Source: Bloomberg)

South Africa’s financial regulator is planning to set maximum limits on the assets used for securities trading as it seeks a unified approach to oversight of a multi-billion dollar market.

Chinese household savings reached a record high of nearly $23 trillion at the end of the first half of the year and have stayed around that level through August 2025. Fund managers now see this as part of the bull case for Chinese stocks, because there are not that many alternatives for all that liquidity. Yvonne Man and David Ingles go through the data on “Bloomberg: The China Show.” (Source: Bloomberg)

President Trump says he and Chinese President Xi Jinping agreed on a TikTok deal during a phone call last Friday. Zongyuan Zoe Liu, Senior Fellow at the Council on Foreign Relations notes that TikTok has become a bargaining chip in US-China talks, leaving big questions about the potential deal. (Source: Bloomberg)

BYD Co. shares dropped the most in three weeks after a report that Warren Buffett’s investment firm offloaded its stake in the Chinese electric-vehicle maker.

UBS Group AG has sounded out investors on a plan to issue Australian dollar-denominated equity conversion Additional Tier 1 bonds, according to a statement from the bank.

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo with Shery Ahn and Avril Hong, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

France’s prolonged political crisis has turned the country into the euro area’s fiscal flash-point, taking over a role long played by Italy.

The country with the lowest home ownership in Europe is about to decide whether to hand the lucky few with property a 1.7 billion-franc ($2.1 billion) tax gift.

Warren Buffett’s Berkshire Hathaway Inc. has become a major shareholder of Mitsui & Co. after raising its stake, the latest bet that Japan’s trading houses will remain attractive.

China’s central bank has dusted off a liquidity instrument it last used eight months ago, part of a move to flood the banking system with cash before the Golden Week public holiday.

JPMorgan Chase & Co. sees India standing out as a “bright spot” in a challenging global economic landscape, thanks to its robust domestic growth and limited reliance on exports, according to Sjoerd Leenart, the bank’s top executive for Asia Pacific.

Chery Automobile Co. is set to price its Hong Kong initial public offering at the high end of a marketed range after strong demand for the stock, according to people familiar with the matter.

Hedge funds are betting on ever more weakness in the yen just as asset managers cling to bullish positions, augmenting the tussle on where Japan’s currency is headed.

Overseas funds offloaded Chinese sovereign bonds in August, cutting holdings to the lowest in almost five years and piling pressure on a debt market already reeling from a shift by investors into stocks.

Hong Kong International Airport is weighing grounding all passenger flights for 36 hours, the longest in recent history, as the Asian financial hub braces for one of its strongest super typhoons in years, according to people familiar with the matter. (Source: Bloomberg)

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: