Bloomberg Markets
The Chinese government’s campaign to lift pork prices is finally gaining traction. But the rally is running into a familiar obstacle: consumers still aren’t buying enough.
Bloomberg Markets
EQT AB sweetened its takeover bid for Australian investment management firm Perpetual Ltd. to around A$2.6 billion ($1.8 billion).
Yahoo Finance
NY Times Business
No strikes have been reported from either side since Friday, leaving oil investors optimistic about a resolution to the conflict.
Bloomberg Markets
A year ago, Philippines President Ferdinand Marcos Jr.’s annual address to Congress shocked the nation with revelations of billions of dollars of graft involving flood-control schemes. The disclosure triggered an economic slump as projects slowed and consumers and businesses cut spending.
Bloomberg Markets
Gold rose, after a pause in fighting between the US and Iran over the weekend eased oil supply risks and inflationary concerns.
Financial Times
Brent opens 5% lower after two weeks of escalating violence pushed crude to more than $100 a barrel