@ScanlanDavid

Senior Asia Finance + ESG Editor for Bloomberg News from Toronto. Opinions are my own.

 Toronto
bloomberg.com
Joined November 2011
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12Media
bloomberg.com/features/2026-…

Warren Buffett Will Leave His Kids a $150 Billion Puzzle: Giving It All Away

Warren Buffett’s three children face an unprecedented challenge: giving away his $150 billion fortune in their lifetimes. How three very different siblings are preparing to direct their dad’s vast...

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AI Crowds Out Fresh Grads at Wall Street Tech Hubs in India

Students struggle to find jobs as banks automate more tasks

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Can India Build a Retirement System Before It Gets Old?

The government is taking a US-style savings plan to farmers, gig workers and others in the informal economy. Many have little money to spare.

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Morgan Stanley Investment-Bank List Leaked in Email Misfire

A Morgan Stanley employee accidentally leaked an internal document listing more than 100 investment-banking deals the firm is pitching and monitoring in Asia, revealing details of the bank’s pipeli...

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US Treasury Bars Reporters From Some Outlets From G20 Summit

The US Treasury Department excluded journalists from several media outlets, including Bloomberg News and the Wall Street Journal, from coverage of this week’s Group of 20 finance ministers summit in...

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Trump’s Chaotic USAID Cuts Unleashed Floods, Disease and Poverty

Trump’s USAID cuts halted critical infrastructure projects around the world. Our investigation in Kenya reveals devastating consequences.

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Cockroach Revolt Exposes Cracks in Modi’s Vision of Rising India

The economy is failing to absorb a surging number of young unemployed graduates.

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Modric of Croatia vs Ronaldo of Portugal in a game for the ages – Globalite Magazine share.google/ayB9ghaTdMyB13K…

Modric of Croatia vs Ronaldo of Portugal in a game for the ages

It was hyped as one of the biggest sporting events in Canadian history, and the best match up so far in the World Cup. On Canada day before the game in Toronto, hundreds of fans cheered Portugal’s …

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Modi’s Soft Spot for Japan Gives Banks an Edge in Deal Wave

In the midst of a 15-month negotiation to secure a foreign backer last year, Indian lender Yes Bank Ltd. was given an informal nod from the nation’s central bank: The Japanese bidder was the prefer...

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China’s Crackdown Rattles the World’s Top Offshore Wealth Hub

The curbs are casting a pall over a luxury market boom in the world’s top offshore hub — and unnerving the ultra-rich.

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#anandrk | Natalie Obiko Pearson | 106 comments

I woke up today to the news that, “trAPPed,” our investigation/graphic novel into a ruinous cyber scam in India won the 2026 Pulitzer Prize for Illustrated Reporting and Commentary. It’s a story...

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India’s Homegrown $1 Billion High-Speed Trading Unicorn Goes Global

Graviton is expanding in Singapore and London as competition and regulatory hurdles build in its home market.

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Mark Carney's C-Suite Inner Circle Is Selling the World on Canada

Facing economic strains and tensions with the US, the prime minister is relying on a tight-knit group of allies to make trade deals and streamline government.

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Hedge Fund Founder Leverages Long Naps, Jogging to Beat Market

Matt Hu keeps a close grip on trading decisions at FengHe Fund Management, where analysts work in monastic cells.

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Mumbai’s Skyline Is Soaring. So Is the Pressure on Housing

As global businesses pour into India’s financial capital, millions of low-income residents face redevelopment deals that will determine whether they can stay.

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Credit Suisse’s AT1 Bond Crash Fueled Leadership Crisis at HDFC

Shortly before midnight on the eve of a bank holiday in India, HDFC Bank Ltd., a favorite among global investors, stunned the market by announcing the abrupt exit of its chairman. One line in the...

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Canada's Fairfax on Course to Take Record Foreign Stake in an Indian Bank

Fairfax Financial Holdings Ltd. is the frontrunner to buy a majority stake in IDBI Bank Ltd., according to people familiar with the matter, in what could be the biggest foreign investment in India’s...

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bloomberg.com/news/articles/… Here come the BYDs

Canada Inks Trade Truce With China in Break From Trump’s Agenda

China and Canada reached a wide-ranging agreement to lower trade barriers and rebuild ties, signaling a pivot in Canadian foreign policy and a break from alignment with President Donald Trump’s trade...

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David Scanlan retweeted
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@business24 Nov 2025
Our new Canada Daily newsletter will bring you the latest on business, the economy and politics from our five bureaus across the country. 🇨🇦 Subscribe now so you don't miss our first edition: bloom.bg/4rjeFqQ
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Billionaire Family Turns India’s Gold Obsession Into a Fortune

The Muthoot clan’s lending empire holds more bullion than some central banks

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