Market News

The Bank of Japan’s most hawkish board member Hajime Takata renewed his call for raising the benchmark interest rate a day after Prime Minister Sanae Takaichi signaled her desire for the continuation of loose monetary policy.

Shares in Qantas Airways Ltd. dropped the most in almost a year after earnings from its international unit unexpectedly fell and the company flagged rising costs from wages and aircraft maintenance.

Lithium prices and shares surged after Zimbabwe, one of the world’s top producers, suspended concentrate exports, fueling fears that global supplies of the battery ingredient will tighten.

For years, billionaire Raamdeo Agrawal has been one of India’s biggest bulls, predicting as recently as June that the benchmark stock index will more than triple over the next decade.

As German Chancellor Friedrich Merz tours China with a host of his country’s business leaders, he may be heartened to see the Chinese yuan is at last starting to appreciate against the euro.

Wall Street’s conviction trade on Japan’s bond market is starting to fray, with strategists arguing the sharp flattening in the yield curve after Prime Minister Sanae Takaichi’s election victory has gone too far.

A private credit fund jointly managed by Future Standard and KKR & Co. cut its dividend to 48 cents a share from 70 cents after earnings fell amid declining interest rates and losses tied to struggling investments.

Philippine peso bonds are poised to extend their rally on interest-rate cuts, flush domestic liquidity and attractive valuations.

A 20% slide in Baidu Inc.’s shares over the past month serves as a crucial reminder for companies in China’s rapidly intensifying artificial intelligence race: investors are demanding tangible results.

Oil edged higher before nuclear talks between the US and Iran, with some major Middle Eastern producers boosting exports as concerns about a potential conflict in the region create uncertainty about future supply.

Gold rose, as traders weighed geopolitical tensions in the Middle East and the impact of US tariffs on global trade.

Brett Schulman, Co-Founder and CEO of CAVA, discusses how the company has been able to outpace inflation and competitors while maintaining high-quality ingredients, convenient multichannel access, and a strong customer experience. He speaks with Romaine Bostick on “The Close.” (Source: Bloomberg)

Core Lithium Ltd. has sold a stockpile of ore from its idled Finniss mine in Australia to Glencore Plc., raising cash to support a potential restart of the project.

Lotte Biologics CEO James Park sits down for an exclusive interview with Bloomberg TV's Shery Ahn. (Source: Bloomberg)

Lynas Rare Earths Ltd. reported a surge in profit for the six months to the end of December, on the back of stronger production and improved prices for its main product, but fell short of analyst expectations heightened by the global focus on metal supply chains.

EnCap Flatrock Midstream is considering a sale of gas pipeline company Momentum Midstream for over $5 billion, according to people familiar with the matter.

Australia’s often overlooked technology sector may offer signs of resilience amid the global unease over artificial intelligence disruption, with a run of earnings reports showing steady gains.

Anthropic, which for years billed itself as a safer alternative to artificial intelligence rivals, has loosened its commitment to maintaining its guardrails, one of the most dramatic policy shifts in the AI industry yet as startups once focused on helping humanity turn their attention to profit and success. The company in 2023 said in its Responsible Scaling Policy that it would delay AI development that might be dangerous. In a Tuesday blog post, Anthropic said it was updating its rules to say it would no longer do so if it believes it lacks a significant lead over a competitor. Bloomberg News Tech & National Security Reporter Katrina Manson joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)

Optimum Communications Inc. said a top law firm’s withdrawal from representing it under pressure from Apollo Global Management, Ares Management, Oaktree Capital Management and others showed that they were participating in a cartel against it.

Zoom Communications Inc. gave a profit outlook that fell short of analysts’ estimates, suggesting higher costs for the company while it aggressively pitches its expanded suite of products.