China’s Magnet Sales to US Hit Nine-Month High Before Truce

Carson Block, founder and CEO of Muddy Waters, discusses Nvidia's market position, potential shorting opportunities in artificial intelligence, and the firm's long position in Snowline during an interview on Bloomberg Television.

ICICI Prudential Asset Management Co. is reportedly close to obtaining approval from India's securities regulator for an initial public offering (IPO) valued at $1.1 billion. This development is set to pave the way for one of the largest IPOs in India this year.

The dollar has shown resilience, gaining strength as expectations for a U.S. interest rate cut diminish. In contrast, the Japanese yen appears weak, reflecting ongoing economic concerns. This divergence in currency performance highlights the shifting dynamics in global markets.

Tyler Cowen discusses the reasons why artificial intelligence (AI) has not yet led to a significant transformation in the world. He identifies various barriers that hinder a major revolution in AI, emphasizing the need for a more realistic assessment of its current capabilities and impact.

Two former executives from Lone Star are aiming to increase the assets under management at their investment firm to €10 billion ($11.5 billion). This move is part of their strategy to compete more effectively with larger rivals in the European market.

The cost of purchasing an apartment in Paris has increased for the third consecutive quarter, marking the largest price jump since late 2020. This trend indicates a growing demand for real estate in the city, reflecting a positive sentiment in the market.

Horizons Middle East & Africa is a daily news program that focuses on one of the world's fastest-growing regions. Broadcasting live from Dubai, it provides the latest updates on global markets, insightful analysis, and interviews, catering to audiences in various major cities including Hong Kong, London, and Johannesburg.

German Finance Minister Lars Klingbeil reported that his recent trip to China resulted in assurances regarding the continued supply of critical raw materials. He highlighted this as one of the key achievements from his four-day visit to Asia.