Mike Dorrell, Chairman, CEO & Co-Founder, discusses his outlook for investing in data centers and energy infrastructure. He speaks with Haidi Stroud-Watts from the sidelines of the Asia Pacific Financial & Innovation Symposium. (Source: Bloomberg)
Mike Dorrell, Chairman, CEO & Co-Founder, discusses his outlook for investing in data centers and energy infrastructure. He speaks with Haidi Stroud-Watts from the sidelines of the Asia Pacific Financial & Innovation Symposium. (Source: Bloomberg)
Hard-red winter wheat traded at its biggest premium to the soft red variety in more than seven months, as heat in the central US is set to exacerbate the stress on fields there. US winter wheat conditions have slumped in the past month as drought impacts the Plains, where the hard red wheat used for bread is predominantly grown . Further hot and dry weather forecast over the coming days could wors...
Hard-red winter wheat traded at its biggest premium to the soft red variety in more than seven months, as heat in the central US is set to exacerbate the stress on fields there. US winter wheat conditions have slumped in the past month as drought impacts the Plains, where the hard red wheat used for bread is predominantly grown . Further hot and dry weather forecast over the coming days could worsen the situation. Temperatures in the region have returned to “significantly above-normal levels,” with a short-lived cold spell replaced as early as Sunday by “record-setting warmth,” the US Department of Agriculture said in its daily weather highlights on Wednesday. “Dry and windy conditions are expected and not what the HRW crop needs,” the Hightower Report said in a note. Hard red wheat’s premium on Thursday was the highest since August. Wheat prices have also recently climbed due to geopolitical uncertainty, with mixed signals around the conclusion of the war in Iran. Hard-red winter wheat futures in Chicago rose as much as 1%, while the soft red contract climbed up to 0.7% Soybeans rose 0.2% to $11.745 a bushel, and corn was little changed
Global investors are on track to withdraw a record amount from Asian emerging-market equities excluding China, as surging oil prices due to the Middle East conflict clouds the region’s outlook. Foreigners have sold about $52 billion of Asian stocks since the war in Iran began, putting the region on track for its biggest monthly outflow in Bloomberg-compiled data going back to 2009. Oil import-reli...
Global investors are on track to withdraw a record amount from Asian emerging-market equities excluding China, as surging oil prices due to the Middle East conflict clouds the region’s outlook. Foreigners have sold about $52 billion of Asian stocks since the war in Iran began, putting the region on track for its biggest monthly outflow in Bloomberg-compiled data going back to 2009. Oil import-reliant markets such as Taiwan, South Korea and India led the selling. Elevated oil prices are weighing on the economies of net energy importers, which are predominantly located in Asia. This month’s equity outflows have surpassed the pandemic-driven exodus of March 2020, and are more than double the losses seen in June 2022 in the wake of the Ukraine war. “We are likely seeing some short term rotation into markets less exposed to Middle East energy risk, and this could continue until there is greater clarity on the Iran situation,” said Gary Tan , a fund manager at Allspring Global Investments. “Asia accounts for about 80% of crude demand flowing through the Strait of Hormuz, so any disruption there has a disproportionate impact on the region’s inflation and growth outlook versus other regions.” Asian shares have come under pressure this month, underperforming their US peers which have remained relatively resilient thanks to the country’s status as a net energy exporter. A relatively stronger dollar and profit-taking in chip stocks have added to the strain. Morgan Stanley strategists last week recommended investors sell into Asia’s stock rally, citing the region’s vulnerability to ongoing interruption in oil. Investors remain cautious about US-Iran ceasefire prospects. While the US insisted talks were ongoing, Iran has rejected the outreach by President Donald Trump.
Baozun, the operator of Gap’s Greater China business, says it expects the US brand’s growth in the mainland to accelerate. Baozun chairman and founder Vincent Qiu also tells “Bloomberg: The China Show” that Gap is preparing for a Hong Kong comeback. (Source: Bloomberg)
Baozun, the operator of Gap’s Greater China business, says it expects the US brand’s growth in the mainland to accelerate. Baozun chairman and founder Vincent Qiu also tells “Bloomberg: The China Show” that Gap is preparing for a Hong Kong comeback. (Source: Bloomberg)
HJBC Accenture ( ACN ) has launched Cyber.AI, a new solution powered by Claude, Anthropic’s AI ( ANTHRO ) model, that enables organizations to transform their security operations, moving from human-speed response to continuous AI-driven cyber capabilities, the company said on Wednesday. Claude serves as the reasoning engine at the core of Cyber.AI, helping synthesize security data and provide cont...
HJBC Accenture ( ACN ) has launched Cyber.AI, a new solution powered by Claude, Anthropic’s AI ( ANTHRO ) model, that enables organizations to transform their security operations, moving from human-speed response to continuous AI-driven cyber capabilities, the company said on Wednesday. Claude serves as the reasoning engine at the core of Cyber.AI, helping synthesize security data and provide contextual insights across the security lifecycle. Accenture ( ACN ) has already deployed Cyber.AI within its own global IT infrastructure to secure 1,600 applications and over 500,000 APIs, resulting in a significant shift in operational efficiency and risk reduction. Through this deployment, scan turnaround times were reduced from three to five days to under one hour, while security testing coverage expanded from approximately 10% to over 80%, the company added. Additionally, service delivery improved by 35%, contributing to consistent year-over-year cost reductions. More on Accenture Accenture: No, The Software Apocalypse Isn't Coming Accenture plc (ACN) Q2 2026 Earnings Call Transcript Accenture plc 2026 Q2 - Results - Earnings Call Presentation Accenture invests in DaVinci Commerce Earnings scoreboard: 6 out of 9 companies post earnings growth despite growing macro pressure
Denis Depoux, Global Managing Director at Roland Berger, says China is emerging as a beacon of stability at a time of heightened global uncertainty. He adds that Beijing’s charm offensive appears to be gaining traction, with Europe and Canada increasingly looking to partner with China. He speaks with Bloomberg’s Stephen Engle at the annual Boao Forum for Asia in Hainan. (Source: Bloomberg)
Denis Depoux, Global Managing Director at Roland Berger, says China is emerging as a beacon of stability at a time of heightened global uncertainty. He adds that Beijing’s charm offensive appears to be gaining traction, with Europe and Canada increasingly looking to partner with China. He speaks with Bloomberg’s Stephen Engle at the annual Boao Forum for Asia in Hainan. (Source: Bloomberg)
Raymond Peter, Managing Director at Bernhard Schulte Shipmanagement, says the company’s top priority is ensuring the safety of crew members on board its vessels as tensions linked to the war involving Iran continue to rise. He speaks on the sidelines of the APAC Maritime Conference in Singapore. (Source: Bloomberg)
Raymond Peter, Managing Director at Bernhard Schulte Shipmanagement, says the company’s top priority is ensuring the safety of crew members on board its vessels as tensions linked to the war involving Iran continue to rise. He speaks on the sidelines of the APAC Maritime Conference in Singapore. (Source: Bloomberg)