Funding & Business
US, China Trade Talks Underway in Sweden
US trade talks with China are underway in Stockholm. US Treasury Secretary Scott Bessent is leading the delegation. They’re trying to extend a tariff truce that expires in mid-August. Bloomberg’s Oliver Crook is at the talks and has the latest. (Source: Bloomberg)
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Trafigura Group’s recent investments in refineries and distribution assets have helped support its oil business, even as rivals saw their profitability slide, according to the trader’s head of oil, Ben Luckock.
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Singapore plans to unveil details of a “value unlock” package later this year, as the government takes further action to boost interest in its stock market.
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Julio Callegari of JPMorgan Asset Management says stocks and bonds can continue to rally “for a while” due to the “Goldilocks” environment. Callegari discusses the market outlook on Bloomberg Television. (Source: Bloomberg)
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