FTX’s Bankman-Fried Says Collateral Crashed by $51 Billion

FTX’s Bankman-Fried Says Collateral Crashed by $51 Billion

FTX founder Sam Bankman-Fried apologized to staff in a letter that outlined a crash in “collateral” to $9 billion from $60 billion. Suvashree Ghosh reports on Bloomberg Television. Follow Bloomberg…

Biden Says He Had Open, Candid Conversation With Xi

Biden Says He Had Open, Candid Conversation With Xi

President Joe Biden says he had an open and candid conversation with China’s Xi Jinping in Bali, Indonesia. He says he’s not looking for conflict and looking to manage the…

Fidelity Says China’s Stock Market ‘Very Underestimated’

Fidelity Says China’s Stock Market ‘Very Underestimated’

Catherine Yeung, investment director at Fidelity International, discusses the outlook for the Chinese economy, stocks and the opportunities she sees amid the government’s resolve to ease some of its strict…

Bailey Says BOE Will Stop Market Support Friday

Bailey Says BOE Will Stop Market Support Friday

Bank of England GovernorAndrew Baileyurged investors to finish winding up positions that they can’t maintain, saying the central bank will halt intervention in the market as planned at the end…

Meloni Says Italians Want Right-Wing Government

Meloni Says Italians Want Right-Wing Government

Giorgia Meloni, leader of the BrothersofItalyparty, spoke in Rome after exit polls projected a clear victory for her coalition in Sunday’s election, setting the stage for her to become the…

Biden Says US Forces Would Defend Taiwan From China Attack

Biden Says US Forces Would Defend Taiwan From China Attack

President Joe Biden underscored America’s commitment to Taiwan in an interview with CBS, saying US military forces would defend Taiwan if there was an unprecedented attack. Alex Wayne reports on…

Ukraine War: Cohen Says Russian Forces Are Outmatched

Ukraine War: Cohen Says Russian Forces Are Outmatched

Former US Secretary of Defense William Cohen discusses the Ukrainian counteroffensive against Russian forces. Cohen also talks about what next steps Russian President Vladimir Putin may take. He speaks with…

US Inflation Has Peaked, Says Goldman Sachs’s Moe

US Inflation Has Peaked, Says Goldman Sachs’s Moe

Tim Moe, chief Asia-Pacific equity strategist at Goldman Sachs Group Inc., discusses US inflation, the underperformance in Asian equities and his outlook for markets. He speaks on Bloomberg Television. ——–Follow…