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Bloomberg

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Bloomberg L.P. was founded by Michael Bloomberg in 1981 with the help of Thomas Secunda, Duncan MacMillan, and Charles Zegar. Within 10 years of its founding, Bloomberg L.P. had made over 10,000 installations of the Bloomberg Professional service, a groundbreaking data, analytics and information-delivery service. In the same decade, Bloomberg opened offices around the world and launched Bloomberg News.

The next decade saw subscriptions skyrocketing to 150,000 while Bloomberg.com and Bloomberg Tradebook launched, allowing traders to trade stocks directly through the Bloomberg Professional service. This past decade saw more rapid growth, with technological innovations continuing to make Bloomberg the professional’s choice for data, analytics, news and more. Subscriptions doubled yet again to over 300,000 as new and better algorithms allowed finance professionals to stay ahead of the competition.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 

Last Updated: June 27, 2016

China Cities Crack Down on Illegal Cabs Using Car-Hailing Apps

Bonnie Cao
Bloomberg
The Chinese capital will impose fines of as much as 20,000 yuan ($3,200) each on 41 unauthorized vehicles that offered rental services via the apps, CNR said Jan. 7.

China Building Base Near Isles Disputed With Japan, Kyodo Says

Ting Shi
Bloomberg
The dispute over the East China Sea islets—known as Senkaku in Japanese and Diaoyu in Chinese—clouds ties that remain fractious even after Chinese President Xi Jinping met Japanese Prime Minister Shinzo Abe in Beijing last month. Encounters between...

China Said to Probe U.S. Claims of North Korea Role in Sony Hack

Keith Zhai and Ting Shi
Bloomberg
The dispute between the U.S. and North Korea is escalating after hackers forced Sony to pull a comedy movie about the assassination of North Korean leader Kim Jong Un, exposed Hollywood secrets, and destroyed company data.

China’s Lost Generation Finds Itself in Ukraine

Adam Minter
Bloomberg
A working class high-school graduate who scored abysmally on China's college entrance exam, Mei now owns his own business, claims title to three-quarters of an acre of land, lives in a split-level house, and is married to an eighteen-year-old...

China Tightening Curbs on Opaque Local Debt Spurs Market Tumble

Helen Sun and Judy Chen
Bloomberg
While the change caught traders off guard, authorities in the world’s second-largest economy are trying to rein in the use of lightly-regulated Local Government Finance Vehicles (LGFVs) as they promote the development of a more transparent municipal...

China to Debut Fighter Jet as U.S. Brass Attends Airshow

Clement Tan
Bloomberg
Manufactured by the Shenyang subsidiary of Aviation Industry Corp of China, also known as AVIC, the J-31 is a test of the country’s ability to deliver cutting-edge defense technology.

Obama’s Three-Day Visit to China: Charlie Rose

Bloomberg
Bloomberg
On “Charlie Rose,” a conversation about President Obama's three-day visit to China. The president arrived on Monday morning. We are joined by Edward Luce of the Financial Times, Orville Schell of the Asia Society and Chengi Li of the John L...

Shanghai-Hong Kong Link to Start in a Week as China Opens

Eduard Gismatullin and Kana Nishizawa
Bloomberg
The program allowing a net 23.5 billion yuan ($3.8 billion) of daily cross-border purchases will begin on November 17, regulators said in a joint statement today after weeks of investor speculation on the start date.

China Planning $16.3 Billion Fund for “New Silk Road”

Bloomberg
The fund, overseen by Chinese policy banks, will be used to build and expand railways, roads and pipelines in Chinese provinces that are part of the strategy to facilitate trade over land and shipping routes.

It’s Time to Give China Some Time

William Pesek
Bloomberg
There’s also evidence the country may be approaching something of a Henry Ford moment, when a manufacturing-based economy matures to point where workers can afford to buy the products they're making.

Hong Kong’s Leader Blames Foreigners for Fanning Protests

Frederik Balfour, Chong Pooi Koon and...
Bloomberg
“There is obviously participation by people, organizations from outside of Hong Kong,” Chief Executive Leung Chun-ying said in an interview on Asia Television Ltd.

China’s Soft-Power Fail

Adam Minter
Bloomberg
This was not the reception that the Chinese government had in mind in 2004 when it inaugurated the Confucius Institute program as a means of improving its image abroad and projecting “soft power.”

Once-Banned Modi Embraced by U.S. as China Interests Mesh

Bibhudatta Pradhan and Shobhana Chandra
Bloomberg
A decade ago, the U.S. saw Indian Prime Minister Narendra Modi as an international pariah. Next week he’ll address a sell-out crowd at Madison Square Garden and stroll down the red carpet at the White House.

China Surpasses EU in Per-Capita Pollution for First Time

Stefan Nicola
Bloomberg
If pollution continues at the current rate, the limit for carbon will be reached in 30 years, the scientists concluded in a report issued on the eve of a United Nations summit designed to step up the fight against climate change.

Can Frank Underwood Beat China’s Censors?

Adam Minter
Bloomberg
At first glance, the Chinese government’s announcement of regulations restricting foreign programming that can be shown on Chinese streaming-video sites would appear to be very bad news for business.