Goldman Sachs experts Trina Chen and Rob Kaplan discussed various economic topics at the Goldman Sachs Global Macro Conference Asia Pacific in Hong Kong. Chen highlighted that China's commodity demand is expected to remain strong despite the ongoing economic slowdown. Kaplan discussed the outlook for Federal Reserve policy and the impact on the dollar.
China is the world's largest market for electric vehicles (EVs), and its growth has been remarkable. In 2020, sales of new energy vehicles (NEVs) made up over 40% of all passenger vehicle sales in China. This trend is expected to continue, as the Chinese government has set a target of having only new energy Vehicles on the road by 2035.
Former European Commission President José Manuel Barroso discussed the potential implications of the EU-India free-trade agreement. Hong Kong banks are gearing up for a potential "wealth windfall" as fees are set to increase by more than 20% this year.
Indian stocks have experienced their worst start to a year in over a decade. The S&P BSE Sensex shed approximately $360 billion in market capitalization during the first three weeks of the year. India's Gross Domestic Product (GDP) growth rate dipping to a six-year low of 4.2% in the quarter ending September 2022.
MSCI has announced it will suspend certain changes to the Indonesian stock market index due to concerns over the lack of transparency regarding the ownership structures of listed companies. This decision comes as a setback for Indonesia, which is the largest economy in Southeast Asia, and could potentially impact investor confidence.
The stock market closed strong on January 27, 2026, with the S&P 500 experiencing a notable surge. The day's gains were largely driven by a weakening U.S. dollar and robust earnings reports from several companies.
A mix of economic concerns, deal-making, and shifting market trends are making waves across global markets, with Shin-Etsu Chemical Co.'s shares plummeting and Citigroup Inc. predicting a surge in silver prices. Meanwhile, India's Prime Minister Modi is making strategic moves, and BlackRock Inc. is cutting jobs in its private financing solutions group.
Archer-Daniels-Midland Co. and Prophecy Asset Management have found themselves in hot water due to accounting fraud allegations. Archer-D Daniels- midland agreed to pay $40 million to settle SEC charges, while Prophecy's criminal trial against co-owner Jeffrey Spotts has been delayed due to classified documents.
India's Oil Minister Hardeep Singh Puri indicated that India's imports of Russian crude could diminish as the country expands its supplier base. Puri expressed optimism that Canada could emerge as one of India's significant energy suppliers.
Pauline Brown, former chair of LVMH North America, shares her insights on the luxury market. She expresses optimism but raises concerns about sales conversion.
The S&P 500 index closed at an all-time high on Tuesday. The Dow Jones Industrial Average and the Nasdaq Composite also posted gains. A weakening dollar has been a notable contributor to the bull market in recent weeks.
US public pensions could pay out almost 90% of promised benefits over next six months. However, risks are also climbing, as investors consider the implications of large share sales in the private markets.
NASA is planning to send astronauts back to the moon for the first time in over 50 years. In Vietnam, banks are facing hidden risks due to the increasing number of debt guarantees they provide to borrowers. As lenders extend more credit, they assume more risk, which could lead to financial instability if borrowers fail to repay their debts.
Citi Research Global Chief Economist Nathan Sheets talks about the global economy. He discusses the impact of the global pandemic and the current economic recovery. Sheets also discusses the recent volatility in the stock and bond markets.
Yale University is making headlines for its tuition-free policy for low-income students. Citigroup strategist Daniel Tobon is predicting a stronger yen, depending on Japanese buyers' shift back to the nation's bond market. The interconnected nature of these two stories can be seen in the global financial landscape.
The price of copper has risen to a record high of $7,856 per ton. The price rise is due to the increase in demand for the metal.
The East Coast of the U.S. is experiencing a record-setting cold snap. The intensifying cold is expected to push electricity demand to unprecedented levels this weekend, straining power grids and driving up prices. The New York Independent System Operator has called on consumers to conserve energy wherever possible.
BNY CEO Robin Vince shared his insights on the robustness of the US economy and the importance of the Federal Reserve's independence during an interview at the 2026 World Economic Forum in Davos, Switzerland. Vince expressed optimism that there would be a continuity of economic policies that support growth and stability.
Bloomberg Surveillance is a daily news program that connects investors and executives with leaders and decision-makers from Wall Street to Washington and beyond. The show's format includes interviews with leaders from various industries, as well as in-depth discussions on current financial news.
The US trading day kicked off on January 27, 2026. Global stocks edged closer to record highs as earnings season reached its peak. Goldman Sachs' CEO outlined potential tailwinds and risks. GM's CEO discussed navigating tariffs post-earnings.
The markets have grown accustomed to the trade war rhetoric, and the tariffs have not had the intended effect on the U.S. economy or on China. The ongoing trade tensions could continue to be a significant issue in the lead-up to the election. The tariffs have been a contentious issue, with many Democrats criticizing Trump's approach.
American Airlines has had to cancel over 2,000 flights since the beginning of the year. The cancellations have resulted in frustration for passengers and financial implications for the airline. The company is focusing on enhancing its premium services to cater to the growing demand for a more comfortable flying experience.
Silver and other industrial metals experienced a significant surge in value during the past week. The price increase can be attributed to a combination of factors, including swelling physical demand and speculative interest in the relatively illiquid market. US natural gas prices took a dip in thin trading as forecasts for warmer weather emerged.
NextEra Energy Inc. is capitalizing on the red-hot demand from tech companies for nuclear energy. The company is offering substantial power for sale from its nuclear plants in Wisconsin and New Hampshire. Tech giants race to secure reliable and low-carbon energy sources to power their ever-expanding artificial intelligence data centers.