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Shark Tank India judge Anupam Mittal shares thoughts on Oracle's 12,000 layoffs
Shark Tank India judge Anupam Mittal commented on Oracle's recent layoffs and rescinded job offers, attributing them to automation rather than financial issues. He advised professionals to assess their position on an employer's P&L statement, suggesting those in the 'cost column' are at risk, while those contributing to revenue or profit can leverage AI.
Robotphoenix Chairman on HK Debut, Path to Profitability
Robotphoenix Intelligent Technology Chairman Sai Zhang shares insights on the company’s debut on the Hong Kong Stock Exchange, a major milestone for one of China’s leading industrial robotics firms. Zhang also discusses its path to profitability amid elevated investor expectations. He speaks with Yvonne Man and Avril Hong on Bloomberg's The China Show. (Source: Bloomberg)
Global Bond Rout Deepens as Inflation Fears Hit Stocks | The Asia Trade 5/18/2026
"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 and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Gold price prediction: Where are gold prices headed? Key levels to watch out
Gold price prediction today: Gold prices are expected to move towards consolidation in the coming days as well, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.
Universal basic income vs universal high income: What's the difference?
Is it possible to pay everyone on the planet — all adults — a universal basic income (UBI) without conditions, without expecting them to do do any work, or even if they're rich?It's like the ultimate socialist utopia.And what if, beyond UBI, a universal high income (UHI) is made possible by the AI and robot-driven economy, in which every person gets a guaranteed monthly income that's actually beyond their need?It all sounds crazy right now.First, let's tackle what UBI and UHI are, and where the...
Why JSW Steel is Boosting Capacity
An infrastructure boom is driving significant demand for steel despite escalating geopolitical tensions and rising energy supply chain costs. Jayant Acharya, Joint MD and CEO of JSW Steel, the country's largest steel producer, joined Insight with Haslinda Amin to discuss the company's capital expenditure plans and the broader economic outlook. (Source: Bloomberg)
Rise in solar panel sales as people 'want to save money'
Rise in solar panel sales as people 'want to save money'31 minutes agoShareSaveAdd as preferred on GoogleDave HarveyWest of England business and environment correspondentBBCBen Harrison's solar firm said sales has risen by 65% since the Iran conflict began"[Solar panels are] all about saving money now, not just sustainability."Those are the words of the founder of a small solar power firm who sums up the shift in the industry neatly. Ben Harrison's Gloucestershire company has installed 65% more...
US Says China to Buy $17 Billion in Farm Goods Annually
China has agreed to buy at least $17 billion of agricultural products annually through 2028, the US said after Donald Trump and Xi Jinping held a major summit in Beijing last week. Bloomberg's Stephen Engle has the details. (Source: Bloomberg)
Vulcan Energy's Wedin on Business Strategy, Lithium
Francis Wedin, Executive Chair at Vulcan Energy Resources, discusses the company's business strategy and the impact from the price swings in the lithium market. He speaks with Shery Ahn and Haidi Stroud-Watts from the sidelines of the BNP Paribas Global Electric Vehicle and Mobility Conference in Hong Kong. (Source: Bloomberg)
Carlyle Japan Expects Two BOJ Rate Hikes This Year
Takaomi Tomioka, Co-Head and Partner at Carlyle Japan, discusses the investment opportunities in the private equity market and sees the Bank of Japan raising interest rates by 25 basis points twice this year. He speaks with Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)
Outlook for Europe’s Industrial Firms Dimmed by War and Currency
Europe’s industrial firms are dealing with challenges linked to the Iran war, tariff threats and currency headwinds, clouding the outlook for a sector that has been banking on the artificial intelligence rush.
Oil touches two-week high after drone attack on UAE nuclear power plant
Oil prices extended gains on Monday as efforts to end the Iran war appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald Trump is expected to discuss military options on Iran. Brent crude futures climbed $2.01, or 1.84 per cent, to $111.27 a barrel by 0432 GMT, but were off the $112 they had touched earlier for their highest since May 5. US West Texas Intermediate crude stood at $107.75 a barrel, up $2.33, or 2.21pc, after...
Why is stock market down? Sensex, Nifty crash over 1%, Rs 7 lakh crore wiped out
The Sensex tumbled over 1,000 points to slip below the 74,300 mark, while the Nifty 50 dropped more than 300 points to trade under 23,350. The steep decline erased nearly Rs 7 lakh crore from the total market capitalisation of BSE-listed companies, reducing it to around Rs 454 lakh crore.
US and Iran Far From Deal as Bond Rout Continues
The US and Iran remain far apart on a deal to end the war and reopen the Strait of Hormuz, with President Donald Trump expressing frustration with Tehran. Bloomberg's Stuart Livingstone-Wallace reports from Dubai. (Source: Bloomberg)
Labor's negative gearing overhaul leaves an opening for existing homeowners
Labor's negative gearing overhaul leaves an opening for existing homeownersHomeowners can convert residence into investment propertyREAD MORE: What property tax changes mean for house pricesBy MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 05:39, 18 May 2026 | Updated: 05:40, 18 May 2026 e-mail View comments
No more safe haven? Gold prices slip to six-week low as Middle East conflict drags on
Gold prices dropped to over a month's low as rising oil prices and Middle East tensions fueled investor anxiety, pushing them away from the safe-haven asset. Higher energy costs are also raising inflation concerns, increasing the likelihood of prolonged elevated interest rates from the US Federal Reserve.
Rupee falls to record low of 96.20 against US dollar; down 5.5% since Iran war began
The Indian rupee hit an all-time low against the US dollar, falling to 96.1650 amid escalating Middle East conflict and rising oil prices. This depreciation intensifies concerns over India's macroeconomic outlook, with authorities implementing measures to curb the decline and stabilize the currency.
Coles shoppers face higher paper bag fee on online orders
Coles shoppers face higher paper bag fee on online ordersIt came into effect on May 11Read more: Coles caught disguising price hikes as fake specials By BURNEY WONG Published: 05:08, 18 May 2026 | Updated: 05:08, 18 May 2026 e-mail View comments
Hedge Funds Ramp Up Bearish Sterling Bets on Andy Burnham Risk
Hedge funds and asset managers piled into bearish sterling option bets last week after Manchester Mayor Andy Burnham secured a pathway to potentially challenge for UK prime minister, raising fears of political instability and looser fiscal policy.
Chipmaker CXMT Reports Eightfold Jump in Sales on Path to IPO
ChangXin Memory Technologies Inc. reported soaring revenue and profit in the first quarter and forecast higher earnings ahead, bolstering its financials ahead of a high-profile initial public offering later this year.