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Bloomberg's Prashant Gopal joins Scarlet Fu on "Bloomberg Real Yield." US mortgage rates were unchanged in the past week, offering little relief to a housing market battered by the return of 7% borrowing costs. (Source: Bloomberg)
Pernod Ricard SA’s sales fell less than expected last quarter as growth in India cushioned persistent weakness in the US and China.
Copper declined with other base metals after stronger-than-expected US consumer prices spurred bets on more aggressive tightening by the Federal Reserve.
US Defence Secretary Pete Hegseth has called a nearly US$1.5 trillion defence budget request “absolutely critical”, warning that whoever falls behind in autonomy, robotics and AI will fall “even further behind” as Washington eyes China’s rapid military modernisation. Speaking at a panel discussion during the Association of the United States Army (AUSA) Annual Meeting and Exposition on Wednesday, Hegseth said that Project Agincourt, the Pentagon’s initiative to accelerate drone and autonomous...
While inflation numbers might not be disastrous, they’re still disappointing and moving in the wrong direction. Bloomberg Opinion columnist John Authers explains where this leaves the US, and if it will lead to any more rate hikes from the Fed. (Source: Bloomberg)
Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.
Uzbekistan’s Tourism Entertainment Group became the country’s first company to list in the US as businesses from Central Asia’s second-largest economy are becoming increasingly popular among overseas investors, allowing them to raise money on international markets.
More than a dozen US companies are exploring opportunities in Malaysia’s rare earths industry, as Washington seeks to diversify supplies of critical minerals and reduce its reliance on China.
The head of the International Monetary Fund said on Wednesday that the US and other wealthy nations needed to urgently tackle mounting global debt levels that were weighing heaviest on low-income countries and straining the global financial system. IMF Managing Director Kristalina Georgieva said that while US Treasury Secretary Scott Bessent and other US leaders recognised that the federal deficit and national debt had grown too high, just trying to grow the US economy out of its more than US$40...
India and the U.S. have been in talks since early 2025 on the proposed trade pact to address tariff friction, eliminate non-tariff barriers, and boost bilateral market access.
Mexican President Claudia Sheinbaum said she’s addressing Trump administration concerns about the growing US trade deficit with its southern neighbor in order to ink a bilateral deal, primarily by buying more American goods.
The pension funds used by millions of Chileans are racing to close out bets on US interest rates that backfired after the Iran war unleashed a global inflation shock, exposing them to billions of dollars of losses.
Indian Foreign Minister Subrahmanyam Jaishankar said trade negotiations with the US were close to a conclusion, though final details remained to be resolved.
Sales of US existing homes rose in September for the first time in four months to an annualized rate of 3.99 million. Michael McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
The Dominican Republic sold a record US$12.02 billion of goods abroad in the first nine months of 2026, and the United States was its biggest buyer by far. The post Dominican Republic Exports Hit Record US$12 Billion appeared first on The Rio Times.
US tariffs on Canadian vehicles and parts are taxing a single North American production system, raising costs in Detroit and Ontario alike. The post Canada US Auto Tariffs Explained for 2026 appeared first on The Rio Times.
Stellantis Chief Executive Officer Antonio Filosa says a Europe-US split of the company is "not plausible at all." Speaking with Bloomberg's Caroline Connan at the Paris Motor Show, he adds: "Our strategy is based on having all the brands playing their unique role, but all of them enjoy transversal technology." (Source: Bloomberg)
Groups from the US, China, India and the Netherlands are interested in Peru's Corío port, Arequipa's governor says. No tender or investor exists yet. The post Peru Governor Says US, China Eye US$800 Million Port appeared first on The Rio Times.
Bloomberg Economics Economic Statecraft Lead Chris Kennedy tells Bloomberg This Weekend that President Donald Trump's agreement to obtain Russian diesel is unlikely to significantly lower US fuel prices because the proposed November shipment amounts to roughly one day of American consumption. Speaking with hosts David Gura and Christina Ruffini, Kennedy says damage to Russian refineries, logistical challenges and potential legal restrictions raise questions about whether Moscow can deliver the promised fuel, while the agreement could complicate Ukraine's campaign against Russian energy infrastructure. (Source: Bloomberg)
Russia to deliver millions of tonnes of diesel soon, US President Trump announces after talks with Putin.
The US expressed “absolute understanding” of Slovakia’s need to keep importing Russian oil and gas until the end of 2027, Economy Minister Denisa Sakova said.
Kenyans abroad sent US$5.01 billion home in the year to August, down 1.3%. US inflows fell 12.4%, while Europe and the UAE grew strongly. The post Kenya Remittances From US Fall 12.4% Through August appeared first on The Rio Times.
New York, Oct. 8 (Jiji Press)--Japanese alcoholic beverage makers have entered the growing U.S. market for ready-to-drink, or RTD, products, including those known as "can chuhi" in Japan but not canned beer. While U.S. consumers are steering away from alcohol amid the soaring cost of living and rising health consciousness, RTD beverages are increasing their presence. According to British ...
Polish debt collector Kruk SA is working to accelerate expansion into the US and UK as it looks for a new engine of growth beyond continental Europe.
Brazil’s Ceará sold US$42.9 million to the US in September, down 77.9% from August, after a 25% US surcharge took effect on 22 July. The post Ceará’s US Exports Fall 78% in September appeared first on The Rio Times.