Catherine Lim
Showing 1–2 of 2 interviews.
- Bloomberg Television1h 35m
Asia Tech Rally Defies SoftBank AI Concerns
Haidi Stroud-Watts, Avril Hong, Sam Liang, Aidan Gomez, Erica Poon Werkun, Chris Phelan, Goolsbee, Philip Lane, Heidi Stratwatz, Enda Curran, Michael Shepard, Anthony Stevens, Stephen Engel, Rachel Metz, Kirk Boudry, Jill Desis, Mark Cranfield, Catherine Lim
U.S. inflation data exceeding expectations prompted Federal Reserve officials to debate a 50 basis point rate hike, causing yields to surge while White House officials downplayed the urgency amid falling energy prices. Simultaneously, the artificial intelligence sector attracted massive capital with Anthropic targeting a $1.4 trillion IPO and TSMC deepening investments, even as SoftBank recorded significant losses and investors scrutinized circular financing dynamics. On the geopolitical front, the U.S. House blocked impeachment proceedings against Defense Secretary Pete Hegseth while global markets adjusted to diverging monetary policies from the Federal Reserve and the Bank of Japan.
- Bloomberg Television1h 33m
China Trade Surplus Tops $1 Trillion for Second Time
Yvonne Man, David Ingles, Will Zhao, Douglas Yones, Jane Fraser, Trump, Stephen Engel, Min Min Lo, Michael Dang, Mark Cranfield, Michael Haitha, Charlotte Yang, Catherine Lim, Shuli Ren, Kaleem Rizvi, John Herskovitz
Asia-Pacific markets rallied on falling oil prices and yields, even as NVIDIA faced intense regulatory scrutiny over alleged chip smuggling and personal scandals involving its CEO. Simultaneously, Anthropic moved forward with a potential trillion-dollar IPO while China reported a 35% surge in October exports despite stagnating industrial profits and a sharp decline in automotive sales. Financial activity expanded as Citigroup secured approval for a wholly-owned securities business in China to capture growing AI demand, whereas geopolitical tensions continued to influence global defense and trade dynamics.