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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 Downgrade Could Lead to a Mountain of Debt

Bloomberg
The downgrade of China’s debt by Moody’s Investors Service may push Chinese companies to borrow even more money from domestic banks as overseas debt becomes more expensive, increasing risks for the nation’s finance industry.

China’s Big Play for Middle East Oil

Bloomberg
China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdulaziz travelled to China to strengthen trade ties, and now a Chinese consortium...

China's Factory to World Catches a Break

Bloomberg
In 2016, China’s exporters mulled what then seemed unthinkable: price increases for the first time in years.

China Repeats West’s Mistakes in Pakistan

Mihir Sharma
Bloomberg
When President Xi Jinping announced in 2015 that China would pump $46 billion worth of investments into Pakistan, the recipients of his largesse seemed less surprised than one might have expected.

South Korea Tells Trump It’s Actually Never Been a Part of China

Bloomberg
South Korea’s government wants to know whether Chinese President Xi Jinping gave alternative facts on the nation’s history to Donald Trump.

China Exports Jump the Most in Two Years as Imports Moderate

Bloomberg
China’s overseas shipments last month jumped the most in two years as global demand held up. Imports moderated after a holiday-season surge in February and the trade balance rose.

Trump Team Takes Steps to Keep Chinese Away from Westinghouse

Bloomberg
The Trump administration is so alarmed that Chinese investors may try to purchase Westinghouse Electric Co.’s nuclear business that U.S. officials are trying to find an American or allied buyer for the company instead, two people familiar with the...

Why China’s Got Beef with U.S. Beef

Bruce Einhorn
Bloomberg
Beef may be on the table when the U.S. president and Chinese leader Xi Jinping discuss trade during this week’s summit at Trump’s Florida resort.

China Plan to Create New Shenzhen Spurs Speculative Rampage

Lisa Pham and Jenny Yu
Bloomberg
Within 24 hours of Saturday’s announcement that the government would create the Xiongan area in Hebei province—in the same spirit that Shenzhen and Shanghai’s Pudong was built—hordes of prospective buyers had thronged to the region.

China Should Learn the Golden Rule

Christopher Balding
Bloomberg
The truth is that Chinese companies looking to invest abroad are treated now—as they’ve been for years—far better than China treats foreign investors.

Australia Shouldn't Pick Between U.S. and China, Premier Li Says

Bloomberg
Australia, which has fought alongside the U.S. in every major conflict since World War I, has been careful not to offend China, which was responsible for 31 percent of its merchandise exports in the 12 months to July last year.

Next Stop Beijing: Tillerson Seeks to Press China on North Korea

Nick Wadhams
Bloomberg
The U.S. is hoping the urgency of North Korea’s advancing ballistic-missile technology will compel China to crack down on banks and other businesses that provide an economic lifeline to Kim Jong Un’s regime despite United Nations sanctions.

Taiwan Plans Military Spending Surge to Counter Rising China

Adela Lin and Ting Shi
Bloomberg
Taiwan plans to raise military spending by about 50 percent next year as President Tsai Ing-wen attempts to offset China’s growing might and support the local defense industry.

People’s Bank of China Raises Borrowing Costs in Step with Fed

Bloomberg
China’s central bank raised borrowing costs as a stable economy and factory reflation give it scope to follow the Federal Reserve in tightening policy.

Kushners Set to Get $400 Million From Chinese Firm on Tower

Bloomberg
Family company of president’s son-in-law in deal with Anbang, one of China's largest insurance companies. Plan is circulating among investors for more equity partners.