Evercore ISI's Sarah Bianchi on Global Trade Uncertainty
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
15 minutes ago
- Bloomberg
ICICI Prudential Asset Files for $1.2 Billion India IPO
ICICI Prudential Asset Management Co., India's second-largest mutual fund manager by assets, filed preliminary documents for what could be the country's second-biggest initial public offering this year. The so-called draft red herring prospectus filed with the markets regulator was disclosed late Tuesday. The offering could raise as much as 100 billion rupees ($1.2 billion) and value the asset manager at around $12 billion, Bloomberg News has reported. Indian lender ICICI Bank Ltd. holds 51% of the joint venture, and and UK-based Prudential Plc owns the remaining 49%.
Bloomberg
23 minutes ago
- Bloomberg
China Producer Prices Fall Most Since 2023 as Deflation Lingers
China's producer prices fell the most in nearly two years, as the country's factory-gate deflation deepens and overshadows a modest improvement in consumer prices. Factory deflation persisted into a 33rd month, with the producer price index falling 3.6% from a year earlier, the National Bureau of Statistics said Wednesday. The decline was more than economists had expected and faster than May's 3.3% drop.
Bloomberg
23 minutes ago
- Bloomberg
Trump Pressures South Korea to Pay More for Defense
President Donald Trump said South Korea should pay more for its own defense, upping pressure on the Asian ally after sending a letter to extend time for negotiations before 25% across-the-board levies are set to kick in for its shipments to the US. 'South Korea is making a lot of money and they are very good, they are very good but you know, they should be paying for their own military,' Trump said during a Cabinet meeting on Tuesday.
