Bloomberg Markets
Bonds and stocks rallied on Monday after a US-Iran interim deal eased nerves, though market participants warned against celebrating too soon as the conflict’s economic fallout remains unresolved.
Bloomberg Markets
The London Bullion Market Association is considering moving its morning gold auction to an earlier time to accommodate traders in Asia.
Bloomberg Markets
US and Iran have reached an interim agreement to reopen the Strait of Hormuz paving the way for talks on Tehran's nuclear program and an end to a war that has engulfed the Middle East. Alan Eyre, Former Senior US Diplomat and Distinguished Diplomatic Fellow at Middle East Institute spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on what this deal will bring to the region. (Source: Bloomberg)
Bloomberg Markets
Oil markets have reacted with enthusiasm to an interim agreement between US and Iran which should reopen the Strait of Hormuz and restore oil and gas flows — but that return to normality could be months away, analysts warn.
Bloomberg Markets
No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this energy can only be exported aboard tankers that cross the Strait of Hormuz — a waterway that’s effectively been closed for more than three months since the US and Israel started a war against Iran in late February.
Bloomberg Markets
IMF Managing Director Kristalina Georgieva tells Francine Lacqua the interview question she asks every candidate, reflects on a career setback that ultimately changed her life, and shares what keeps her up at night as she prepares for the next global shock. (Source: Bloomberg)
Bloomberg Markets
The US and Iran said they reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for 60 days of negotiations on the fate of Tehran’s nuclear program. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
Philippine President Ferdinand Marcos Jr. called Congress to a special session on June 17 to pass priority legislative measures, hoping lawmakers will set aside political distractions.
Bloomberg Markets
In the wake of the 12-day US-Israel and Iran war a year ago, Siemens Energy AG sent a person driving from Saudi Arabia’s Red Sea port of Jeddah across the Arabian peninsula to the industrial hub of Dammam to study an alternative route in case the crucial Strait of Hormuz was shut down.
Bloomberg Markets
The government’s move to lower taxes on certain sectors including cement and textiles is likely to support related shares as Pakistan looks to balance growth and compliance with its promises to the International Monetary Fund.
Bloomberg Markets
London Bullion Market Association CEO Ruth Crowell thinks the narrative of gold's status as a safe haven still holds. She adds that it's important to measure safe haven status in years rather than weeks or months. She speaks with Paul Allen on "Insight with Haslinda Amin." (Source: Bloomberg)
Bloomberg Markets
Lubrizol Corp. President & CEO Rebecca Liebert expects to double its revenues in India over the next five years, and says the company has put a lot of investment in this market to enable that growth. She speaks with Paul Allen on "Insight with Haslinda Amin." (Source: Bloomberg)