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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’s Financial Opening Isn't Quite What It Seems

Andrew Polk
Bloomberg
Although trade tensions between the U.S. and China show no signs of abating, there are some reasons for cautious optimism.

North Korean Leader Kim Jong Un Is Said to Be Visiting China

Bloomberg News
Bloomberg
Kim Jong Un has made a surprise visit to Beijing on his first known trip outside North Korea since taking power in 2011, three people with knowledge of the visit said.

China Approves Giant Propaganda Machine to Improve Global Image

Keith Zhai
Bloomberg
China has approved the creation of one of the world’s largest propaganda machines as it looks to improve its global image, according to a person familiar with the matter.

China Levies Record $870 Million Fine for Stock Manipulation

Bloomberg News
Bloomberg
China slapped a logistics company with fines totaling 5.5 billion yuan ($870 million) for manipulating the stock market, the biggest ever punishment for such an infringement.

Trump Takes the Bait from Musk, Attacks China Auto Import Duties

Dana Hull and Justin Sink
Bloomberg
President Donald Trump may not follow Elon Musk on Twitter, but the Tesla Inc. chief’s posts decrying China’s automotive trade practices managed to catch his attention.

China Protectionism Creates Tech Billionaires Who Protect Xi

Shelly Banjo
Bloomberg
China’s tech giants will add star power to the country’s political festivities this week, paying homage to President Xi Jinping and endorsing constitutional changes for him to remain president indefinitely.

Chinese Envoy Says It’s ‘Dangerous’ for U.S. to Confront Beijing

Keith Zhai
Bloomberg
China’s ambassador to the U.S. warned the Trump administration against adopting a confrontational approach to the world’s second-biggest economy.

Tesla’s China Dream Threatened by Standoff over Shanghai Factory

Bruce Einhorn, Yan Zhang, Keith Zhai,...
Bloomberg
Tesla Inc., the biggest-selling electric carmaker in the U.S., is in danger of being relegated to an expensive niche in China because Elon Musk can't clinch a deal to open a factory there.

How China Is Getting Serious About Financial Risk

Bloomberg News
Bloomberg
Chinese leaders pledged to make controlling financial risk a top priority. Their challenge is to do so without derailing the economy.

China Studying Impact of Trade Measures against U.S. Soy, Sources Say

Bloomberg News
Bloomberg
China is studying the potential impact of trade measures imposed on soybeans imported from the U.S., valued last year at $13.9 billion, according to people familiar with the matter.

China’s Yuan Toppled from Two-Year High as Trade Data Surprises

Bloomberg News
Bloomberg
China’s yuan sank the most since the aftermath of its shock 2015 devaluation, after data showed the country’s trade surplus more than halved last month, and investors speculated controls on outward cash flows will be eased.

China Considers Legal Gambling on Hainan Island

Keith Zhai and Daniela Wei
Bloomberg
China is drafting a proposal to allow gambling on Hainan Island, people familiar with the talks said, in what would be an unprecedented move that could reshape gaming in China’s territories and transform the economy of a strategic southern province.

China Has Plenty of Options to Retaliate against U.S. Tariffs

Bloomberg News
Bloomberg
U.S. President Donald Trump may soon get a lesson about tangling with China on trade: Beijing can punch back.

China Escalates Crackdown on Cryptocurrency Trading

Bloomberg
China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.

China's Top Movie Ticketing App Said to Plan $1 Billion IPO

Bloomberg
Maoyan Weying, China’s biggest online movie ticketing platform, is planning a Hong Kong initial public offering that could raise about $1 billion, people with knowledge of the matter said.