Latest news with #BloombergTV
Yahoo
4 hours ago
- Business
- Yahoo
Trump administration not in a rush to replace Powell, Treasury chief Bessent says
WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday told Bloomberg TV in an interview that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell. Bessent said he continues to have regular meetings with Powell and that Powell had not told him whether he would leave his board seat. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
9 hours ago
- Business
- Bloomberg
The Asia Trade 7/23/25
"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)
Time of India
a day ago
- Business
- Time of India
Watch out for cheap steel, JSW tells India amid rising China flow
India needs to remain watchful against the potential dumping of low-priced steel into the country, Jayant Acharya, joint managing director of JSW Steel Ltd. , said on Tuesday. Speaking to BloombergTV, Acharya said that imports remain a concern for the domestic industry despite the government imposing a 12% safeguard duty. Acharya warned that US tariffs on steel were contributing to fears of global oversupply, especially from China, the world's largest steel producer. He said India, which is seeing rapid economic growth, was exposed to the risk of trade diversions caused by such tariffs. Explore courses from Top Institutes in Please select course: Select a Course Category Degree Finance others Management Public Policy MBA Cybersecurity Artificial Intelligence Digital Marketing Project Management PGDM Leadership Technology Others Healthcare Product Management Data Science Design Thinking CXO healthcare Data Science Data Analytics Skills you'll gain: Data-Driven Decision-Making Strategic Leadership and Transformation Global Business Acumen Comprehensive Business Expertise Duration: 2 Years University of Western Australia UWA Global MBA Starts on Jun 28, 2024 Get Details Acharya pointed to the increase in India's imports of iron and carbon steel products from China in recent months. According to China customs data, imports touched 264,854 tons in June — the highest monthly figure since October. However, he added that the overall volume for the first half of the year was still lower compared to the same period a year earlier. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo JSW Steel's own performance showed significant growth. The company's profit for the quarter ending June more than doubled, surpassing the average estimates of analysts. Looking ahead, Acharya said India would remain JSW's main market for expansion, supported by strong demand from the construction sector. The company currently operates with an annual steelmaking capacity of 35.7 million tons, with nearly 96% of it located in India. Live Events JSW aims to expand this capacity to 42 million tons by September 2027 and further to 50 million tons by the end of the decade. Acharya said India would continue to account for the largest share of this growth.
Bloomberg
a day ago
- Business
- Bloomberg
The Asia Trade 7/22/25
"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 Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Bloomberg
2 days ago
- Business
- Bloomberg
DoubleLine's Deputy CIO Preps for ‘Shadow Fed' to Drive Rates Down
DoubleLine Capital's Jeffrey Sherman is among investors backing a bond trade that's emerged as a go-to way to hedge against the risk that President Donald Trump moves to fire the Federal Reserve chair. 'We have the same trade everyone's talking about,' the firm's deputy CIO said on Bloomberg TV's ETF IQ on Monday.
