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A report from Morgan Stanley and WatchCharts shows prices for watches of 35 prominent brands continued to decrease for the 11th consecutive quarter.

(Bloomberg) -- Scott Bessent wasn’t a familiar name in Republican political circles before Donald Trump nominated him to be Treasury secretary. “You know Scott Bessent?” Trump asked his guests from the stage of a reception this month at Mar-a-Lago. “Nobody heard of this guy.”Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transi

(Bloomberg) -- Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transit WoesBank Indonesia lowered the benchmark BI-Rate by 25 basis poi

Hong Kong's capital market plays a key role in the city's financial system and national strategies but it falls short in many areas, according to Qi Bin, the deputy at the central government's liaison office in the city. "Compared with international best practices, Hong Kong still has shortcomings in market regulation, transaction costs and corporate governance," Qi said in a speech at the Hong Kong Capital Markets Forum on Wednesday. "Hong Kong could explore researching and developing a capital

The CDMO's growth strategy, capital deployment approach, and work with AI, among other things, have been key to its 2024 performance.

A Wall Street billionaire who had been lined up to bankroll a takeover of The Telegraph has decided not to invest, raising fresh doubts over its chances of success.

Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.

At the J.P. Morgan Healthcare Conference, Boston Scientific forecast that pulsed field ablation will be used in more than 60% of atrial fibrillation procedures globally by 2026.

(Bloomberg) -- An outpouring of Chinese government bond issuance and early signs of improvement in the housing market helped stir up appetite for financing in December, drawing to a close a year when new loans declined for the first time since 2011.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesThe worst of the plunge in demand for credit is likely over as Beijing’s stimulus

(Bloomberg) -- While mention of ties to Nvidia Corp. still sparks big jumps in shares of companies around the world, the gains can prove to be short-lived and some investors are questioning whether the halo effect is fading.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesSamsung Electronics Co.’s stock gained over 3% last Wednesday after Nvidia founder Jensen Huang expressed c