Bloomberg

From their website:

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 Global Ambitions Could Split the World Economy

Michael Schuman
Bloomberg
After the fall of the Berlin Wall, many economists and policymakers assumed the world would become one happy, prosperous economy. Aided by the spread of capitalism and technology, countries would be increasingly knit together by trade, finance, and...

Is Xi a Threat to Foreign Businesses in China?

Peter Martin and Keith Zhai
Bloomberg
In a speech at this year’s annual meeting of the World Economic Forum in Davos, Xi Jinping said choosing protectionism was akin to “locking yourself in a dark room.” But his rhetoric doesn’t square with reality, multinationals say.

In China, Trading Begins on WeChat

Lianting Tu and Carrie Hong
Bloomberg
Regulators elsewhere may be clamping down on the financial industry’s use of private messaging apps, but in the world’s second-largest economy the practice is flourishing.

China's Pollution Crackdown Is Gaining Momentum

Bloomberg News
Bloomberg
That political will overlaps with an economic need to rein in surplus production of steel, aluminum and other basic materials after years of over-investment. How and when that capacity gets replaced will be a key factor in the economy’s performance...

Asia's Longest-Serving Strongman Shows Power of China's Cash

Blake Schmidt
Bloomberg
A few decades ago, the U.S. and its allies could use financial leverage over aid-dependent Cambodia to nurture a democracy forged after Pol Pot’s genocide wiped out about a fifth of the population. But these days the biggest spender is China, which...

Philippines Apologizes to China over Wrong Taiwan Logo

Jim Gomez
Bloomberg
The Philippine defense department has apologized to China for the "grievous but purely unintentional mistake" of using Taiwan's defense ministry logo during a ceremony where the Chinese ambassador turned over thousands of assault...

Bannon’s Back and Targeting China

Joshua Green
Bloomberg
As President Trump’s chief strategist, Steve Bannon operated mostly behind the scenes to press his hard-right brand of nationalist politics, with only intermittent success. Since leaving the White House on Aug. 18, he’s taken on a much more public...

Tillerson Masters the Art of Comity in Talks with China Leaders

Nick Wadhams
Bloomberg
Rex Tillerson made a show of harmony with Chinese leaders during a whirlwind visit to Beijing, skipping over tensions around trade and North Korea to emphasize the personal bond between the countries’ presidents.

China Gives Carmakers More Time in Biggest Electric-Vehicle Plan

Bloomberg
China unveiled a comprehensive set of emission rules and delayed a credit-score program tied to the production of electric cars, giving automakers more time to prepare for the phasing out of fossil-fuel powered vehicles.

There’s One North Korea Taboo China's Leaders Won’t Talk About

Ting Shi and David Tweed
Bloomberg
In discussions between the U.S. and China about reining in North Korea, one topic remains taboo: What would happen if Kim Jong Un’s regime collapses?

Europe Is Designing a New Particle Collider to Take on China

Jeremy Kahn and Thomas Mulier
Bloomberg
CERN, the European nuclear physics research organization, is contemplating the development of a particle accelerator three times larger than the Large Hadron Collider that confirmed the existence of the Higgs boson, a move intended to match growing...

Trump's Threats Loom as China Weighs Opening to Wall Street, Tesla

Bloomberg News
Bloomberg
Coincidence or not, China appears set to ease restrictions on foreign automakers and banks amid sustained pressure from U.S. President Donald Trump to open up its economy.

China Considers Lifting Foreign EV Cap in Free Trade Zones

Bloomberg
China is discussing a plan to allow foreign carmakers to set up wholly owned electric-vehicle businesses in its free-trade zones in a major revision of a fundamental principle governing the country’s auto industry policy since the 1990s, according...

China's WeChat Crackdown Drives Bitcoin Devotees to Telegram

Lulu Yilun Chen
Bloomberg
With administrators personally liable for what is said on groups they run, users of bitcoin exchanges OKCoin, Huobi and BTCChina are migrating to services beyond the Chinese government’s reach.

China Fossil Fuel Deadline Shifts Focus to Electric Car Race

Bloomberg
China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market led by companies including BYD Co. and BAIC Motor Corp.