North Korea Seeks Investments, Executive in Delegation Says
published Sep 24, 2018 9:21:32 PM, by Sohee Kim (Bloomberg) — North Korea signaled it wants investments from South Korean companies to help modernize the secluded country, said a top executive in the business delegation that visited Pyongyang last week. North Korea wants to have economic cooperation and technical assistance
Trump Clinches First Trade Deal in Revamped South Korea Pact
Trump Clinches First Trade Deal in Revamped South Korea Pact published Sep 24, 2018 4:02:47 PM, by Youkyung Lee, David Tweed and Jenny Leonard (Bloomberg) — Donald Trump and his South Korean counterpart Moon Jae-in signed a renegotiated free-trade agreement on the sidelines of the United Nations General Assembly, marking
Emerging-Market Rebound Depends on China, India: Komal Sri-Kumar
published Sep 24, 2018 9:00:16 PM, by Komal Sri-Kumar (Bloomberg Opinion) — This year’s sell-off in emerging-markets assets has abated in recent weeks and valuations are tempting, but it’s too soon to say things have bottomed. The key to any rebound is China and India, two economies where the outlook
Millennials Sit Out the Bull Stock Market: Barry Ritholtz
published Sep 5, 2018, 4:40:29 PM, by Barry Ritholtz (Bloomberg Opinion) — What has happened to the generation of investors that came of age in the middle of the worst financial crisis since the Great Depression? The evidence suggests their experiences scarred them deeply, though we don’t yet know if
Investors Look Past Trade War Amid Risk-On Sentiment: EM Review
published Sep 21, 2018, 3:30:25 PM, by Yumi Teso, George Lei and Alex Nicholson (Bloomberg) — Emerging-market stocks, currencies and bonds were unfazed by an escalation in the U.S.-China trade dispute, rising for a second week as the dollar retreated. Assets Weekly Moves MSCI EM stocks index +2.22 percent MSCI
Default Rattles Investors in Asia’s Best-Performing Stock Market
published Sep 23, 2018, 3:30:00 PM, by Abhishek Vishnoi and Santanu Chakraborty (Bloomberg) — The turmoil in India’s non-bank finance companies is deepening, with a troubled lender disclosing further missed debt payments late on Friday and panic seeping into what has been Asia’s best-performing stock market. The benchmark equity index
Trump Is Denying Product Exclusions From New China Tariffs
published Sep 20, 2018, 8:21:08 PM, by Jenny Leonard and Mark Niquette (Bloomberg) — The Trump administration hasn’t put a process in place for companies to get exemptions from 10 percent tariffs it’s imposing on $200 billion of Chinese goods, unlike earlier rounds of the duties, four people familiar with
Ben Carson and HUD Get Ready to Take On the Nimbys: Noah Smith
published Sep 12, 2018, 6:30:12 AM, by Noah Smith (Bloomberg Opinion) — According to official statistics, Americans have been getting slowly richer since 1980. Real median personal income growth slowed in the 2000s and took a big hit in the Great Recession, but has now recovered and is at an
Pot Stocks Bring Out the Worst in Investors: Robert Burgess
published Sep 19, 2018, 3:41:12 PM, by Robert Burgess (Bloomberg Opinion) — More than a few commentators are talking about how the rally in marijuana stocks has officially become a bubble. Just take a look at Canadian cannabis company Tilray Inc., whose shares about doubled on Wednesday to $300 each
Trump Says He Wants to Hear From Woman Who Accuses Kavanaugh
published Sep 19, 2018, 4:52:15 PM, by Toluse Olorunnipa and Laura Litvan (Bloomberg) — President Donald Trump said he wants to hear from the woman who accuses Supreme Court nominee Brett Kavanaugh of sexual assault, saying it would be “unfortunate” if she doesn’t testify before a Senate committee. “If she