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Japan’s Biggest Banks Forecast Record Profits

Japan’s biggest lenders — Mitsubishi UFJ Financial Group Inc., Sumitomo Mitsui Financial Group Inc. and Mizuho Financial Group Inc. — are predicting reaping combined record profits after the central bank ended its negative…

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Russia’s Putin Arrives in Beijing Ahead of Talks With China’s Xi

Russian President Vladimir Putin has arrived in Beijing early Thursday. He is set to hold talks with his Chinese counterpart Xi Jinping as the two countries look to reinforce their “no-limits” partnership. (Source:…

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Biden, Trump Agree to Two Live Debates

President Joe Biden and Republican Donald Trump said they would debate each other in June and then again in September, setting the stage for their first televised face-off of the 2024 campaign earlier than…

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Coming Up: Qatar Economic Forum – Day 3

Held in Doha from May 14-16, the fourth Qatar Economic Forum, Powered by Bloomberg, will explore the issues driving global boardroom conversations and spotlight the Gulf’s rising prominence. In a…

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Dealmaking is driving confidence cross the Middle East #politics #shorts

A flurry of dealmaking activity is boosting confidence across the Middle East. Joumanna Bercetche has more from the Qatar Economic Forum. More on Bloomberg Television and Markets Like this video?…

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Fed’s Kashkari Sees Rates Likely on Hold a ‘While Longer’

Federal Reserve Bank of Minneapolis President Neel Kashkari reiterated that the central bank likely needs to keep interest rates at the current level for “a while longer until we figure…

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Vanguard Names BlackRock Veteran Salim Ramji as Next CEO

Vanguard Group named Salim Ramji, who oversaw exchange-traded funds and index investing at BlackRock, as its next chief executive officer, succeeding Tim Buckley and becoming the first outsider to lead…

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What Institutional Capital Could Mean to the NFL

RedBird Capital Partners’ Gerry Cardinale said it will be a “huge positive” if the NFL introduces institutional capital. That comes after Bloomberg reported earlier this month that groups of private…

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Chelsea FC Owner Boehly Calls For Patience, Eyes Stadium Plans

Chelsea Football Club owner Todd Boehly is calling for patience at the club after this season’s Premier League disappointment. Boehly said that when he first got involved with the Los…

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PGIM’s Porcelli: This Is a Fed Chair Who Wants to Cut

Tom Porcelli, PGIM fixed income chief US economist, says the April CPI report clears the way for more Federal Reserve interest rate cuts. David Kelly of JPMorgan Asset Management is…

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