Bloomberg

2024-02-14 13:21:26 BREAKING: Ex-general Prabowo Subianto is set to win Indonesia's presidency and lead the trillion-dollar economy for the next five years, according to unofficial counts. Follow our free-to-read live blog for the latest: https://bloom.bg/48iBlgr

: Yasuyoshi Chiba/AFP/Getty Images Open / Comment

2024-02-14 09:55:08 Polls have just closed in Indonesia, where more than 204 million voters have cast their ballots for their next president.

The new leader will inherit a trillion-dollar economy that has fast risen in the global resource supply chain, thanks to President Jokowi’s policies. That move has boosted exports, narrowed the fiscal deficit and steadied the currency, making the country an emerging-market favorite.

Follow our free live blog for the latest news and analysis. https://bloom.bg/48iBlgr

: Sonny Tumbelaka/AFP/Getty Images Open / Comment

2024-02-13 18:27:25 Mozambique raid: Islamic State-linked fighters carried out their deadliest attack on Mozambican troops since 2021, ratcheting up security concerns. https://bloom.bg/3wc5QHn

Dollar shortage: The naira plunges to a record low against the dollar as availability of the US currency in Nigerian markets declines sharply. https://bloom.bg/3HZ6v1x

Green finance: Sub-Saharan Africa’s investment in renewable energy needs to increase fivefold to meet a commitment of boosting global capacity to 11,500 gigawatts of clean energy by 2030, a new study shows. https://bloom.bg/4byjZPp

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz Open / Comment

2024-02-13 14:30:56 India's finance industry has profited handsomely from an emerging culture of speculation. But retail traders are losing billions in a booming stock market.

In 2023, Indian investors traded 85 billion options contracts, more than anywhere else in the world. Regulators are alarmed that they are bypassing the tried-and-true way to build wealth. Despite rules against it, promoters and influencers have found a grey area to push the dream of stock market riches to the country's fast-growing cadre of small investors. Read how the authorities are trying to crack down: https://bloom.bg/48eRmnm

: Subhash Sharma for Bloomberg Markets Open / Comment

2024-02-13 12:01:26 Against all odds, Imran Khan loyalists beat Nawaz Sharif and Bilawal Bhutto Zardari by securing the most votes. Now Pakistan’s two main political parties are trying to thwart Khan with their coalition. But, their talks have hit a snag, as they can’t agree who will become prime minister. Read more here: https://bloom.bg/3uzWhl9 Open / Comment

2024-02-09 07:53:44 BREAKING: Donald Trump wins the Nevada caucuses without a challenge from Nikki Haley, as he closes in on the Republican nomination.

News networks, including NBC, ABC and the Associated Press, called the race for the former president about 40 minutes after caucus sites closed. Read more here: https://bloom.bg/3w7onEB Open / Comment

2024-02-09 06:42:22 “My memory is fine,” says US President Joe Biden after a special counsel’s report fueled concerns about his mental acuity and age.

In an impromptu press conference, Biden, 81, answered defiantly — and sometimes angrily — questions about his capacity to continue serving in the White House. Read more from his response: https://bloom.bg/49sTt87 Open / Comment

2024-02-08 18:35:46 Yen boost: Kenya plans to raise $500 million through a bond sale in Japan, widening its funding pool as it prepares to repay maturing debt. https://bloom.bg/42AhXde

Chocolate prices: Cocoa futures extend their surge to a record in New York as a shortfall gripped the market, threatening to make chocolate and other confectionery costlier. https://bloom.bg/3UAuBHy

Energy overhaul: Mozambique is seeking to become one of Africa’s biggest hydropower producers and launch a green hydrogen industry. https://bloom.bg/48clMXg

Watch Africa Amplified for a deep dive into the region’s biggest stories: https://bloom.bg/3u0S3Cz. Open / Comment

2024-02-08 14:26:49 Pakistan is going to elect a new leader, with its most popular politician, Imran Khan, behind bars. The country has suspended its mobile phone service, citing a "recent surge in terrorist incidents."

Keep up with the latest news and analysis in our live blog, which is free to read.

https://bloom.bg/3HScQeZ

: Arif Ali/AFP/Getty Images Open / Comment

2024-02-08 06:44:08 Pakistan suspends mobile phone services nationwide as voting began in the general election.

“Given recent surge in terrorist incidents, it has been decided to shut mobile services nationwide temporarily to maintain the law and order situation and tackle threats,” the nation’s interior ministry says. Here are the details: https://bloom.bg/3SPge0q Open / Comment