Workspace Group Plc has warned investors it faces a “substantial” profit squeeze due to higher costs and lower rents that will force the London-based flexible office landlord to cut its dividend.
Curated and linked market/company news with enrichment tags.
Newest first. Open any item to read the original source.
Workspace Group Plc has warned investors it faces a “substantial” profit squeeze due to higher costs and lower rents that will force the London-based flexible office landlord to cut its dividend.
Uber Technologies Inc. is raising its holding in Delivery Hero SE, buying a stake from its European rival’s biggest shareholder for €270 million ($318 million).
Kenya is in talks with the World Bank for emergency funding, among the first to go public with plans to cushion the Iran war’s impact.
Kenya is in talks with the World Bank for emergency funding to help deal with the repercussions of the Iran war, according to central bank Governor Kamau Thugge.
Mumbai’s skyline is changing as Wall Street firms pile in to tap India’s financial boom. But in a land-starved city, that growth is colliding with communities and intensifying the fight for space. (Source: Bloomberg)
No summary available yet.
A clamor by investors for stocks that stand to benefit from the boom in artificial intelligence has propelled a little‑known French company to the top of Europe’s 2026 equity rankings.
Morgan Stanley analyst Rajeev Sibal tells Bloomberg TV that global equity markets have not fully absorbed the impact of the energy shock stemming from the discruption in the Strait of Hormuz, advising that the situation may weigh on growth sentiment. (Source: Bloomberg)
Morgan Stanley analyst Rajeev Sibal tells Bloomberg TV that global equity markets have not fully absorbed the impact of the energy shock stemming from the disruption in the Strait of Hormuz, advising that the situation may weigh on growth sentiment.
A Pakistan-flagged tanker that entered the Persian Gulf over the weekend has become the first carrier to exit through the Strait of Hormuz with a crude cargo since a US blockade began on Monday, underscoring just how limited traffic through the vital chokepoint remains.
Oil prices fell after Donald Trump said Israel and Lebanon had agreed to a 10-day ceasefire following talks in Washington.
Wheat was set for its biggest weekly gain in almost two months, as persistent weather concerns and tighter fertilizer supplies linked to the Iran war stoked worries over the crop’s supply outlook.
Alex Vynokur, Founder & CEO of Australia's second largest ETF provider Betashares, says strong retail participation and adoption by independent financial advisors have helped the country's ETF sector grow. He speaks on ETF IQ Asia. (Source: Bloomberg)
Japan’s weather agency has formally adopted a name for sizzling-hot days ahead of what is set to be another scorcher of a summer.
The Indian rupee led gains in Asia after a report that the central bank has asked state-owned oil refiners to route their dollar purchases through a special credit facility.
IAQ Group is considering an initial public offering in Kuala Lumpur to raise about 1 billion ringgit ($253 million), according to people with knowledge of the matter.
The European Central Bank will raise interest rates in June as the Iran war drives inflation higher this year, a Bloomberg survey showed.
"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)
Former Treasury Secretary Henry Paulson on Thursday urged U.S. policymakers to prepare an emergency plan in case demand for Treasurys breaks down — warning that a crisis in the government bond market could trigger severe consequences across the economy.
Some analysts say the most likely outcome for Live Nation would be more damages and penalties. Shares of the concert-ticketing giant rose on Thursday after falling a day earlier.
China’s tech-heavy ChiNext Index is becoming increasingly concentrated as it powers to an 11-year high, buoyed by earnings beats from a small group of heavyweight stocks.
China’s central bank is using its daily reference rate to temper the yuan’s rally as the currency’s outperformance during the Iran war fuels further bullish sentiment.
Most Asia-Pacific markets traded lower Friday as an Israel-Lebanon ceasefire tempered risk appetite, even after Wall Street closed at fresh record highs.
One of Oaktree Capital Group LLC’s most senior investment professionals for Asia is set to leave the firm in the coming months, according to people familiar with the matter.