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Katia Dmitrieva
Verified
Asia Economics Correspondent, Bloomberg News
Beats
news, business technology, real estate tech, entrepreneurship
uhm
Content
By Katia Dmitrieva Verified| Bloomberg News Verified US President Donald Trump’s global tariffs would cut Asia’s economic growth to the weakest since the Covid-19 pandemic, according to a regional research group. If America’s so-called reciprocal levies are implemented, growth across Asia would slow to 3.8% this year and 3.4% next year, according to the ASEAN+3 Macroeconomic Research Office.
By Katia Dmitrieva Verified| Bloomberg News Verified (Bloomberg) -- UK member of parliament Wera Hobhouse said she was refused entry into Hong Kong this week, the Financial Times reported. The Liberal Democrat MP for Bath, who’s also a member of the Inter-Parliamentary Alliance on China, said that her rejection appears linked to her criticism of China’s human rights record, according to a statement Sunday from the alliance.
By James Mayger Verified, Katia Dmitrieva Verified| Bloomberg Law Verified The future of the one of the world’s biggest trading relationships hangs in the balance after President Donald Trump’s tariff war sparked a standoff between the US and China. While Trump stepped back from the cliff edge for most countries — announcing on April 9 a 90-day pause on much of his “reciprocal” tariff agenda — he doubled down on China, increasing the new levy on its imports since he returned to the White House to 145%.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981