Bloomberg Markets
The rupee has emerged as Asia’s best performer over the past month.
Bloomberg Markets
Sara Vakhshouri, founder of SVB Energy International, says the oil market has adapted to the Strait of Hormuz disruption and prices could fall to pre-war levels if the waterway "truly" reopens.
She speaks with David Ingles and Yvonne Man on Bloomberg's The China Show. (Source: Bloomberg)
Bloomberg Markets
A deal that could reopen the Strait of Hormuz within days has been met with caution among shipowners and traders, with many saying they would wait for more details in order to assess whether safe transits are possible after months of false starts.
Bloomberg Markets
Copper rose as an interim peace agreement between the US and Iran eased fears over global economic growth and stoked optimism for metals demand.
Bloomberg Markets
Robert Pape, University of Chicago's political science professor, says Iran's leverage isn't going to "disappear" because of the deal. He also said the lack of details from both sides added uncertainty.
He speaks with David Ingles and Yvonne Man on Bloomberg's The China Show. (Source: Bloomberg)
Bloomberg Markets
Shares of China’s AI model maker Zhipu surged after JPMorgan Chase & Co. raised the stock’s price target, while downgrading recommendation on its domestic rival MiniMax.
Bloomberg Markets
Singapore plans to launch a gold-clearing system this year, with banks including JPMorgan Chase & Co. and Deutsche Bank AG set to participate in the city-state’s push to become a hub in the global bullion market.
Bloomberg Markets
Asia was quick to welcome the US-Iran deal to reopen the Strait of Hormuz, through which most of the region’s energy supplies flow. But many warned it’s too early to say if that will offer long-term relief to the world’s most populous and fastest-growing region.
Bloomberg Markets
South Korean media giant JoongAng Group has filed for court rehabilitation after its broadcaster defaulted on a loan, with the company hit by financial strain linked to its purchase of expensive sports broadcasting rights acquired at the peak of the media market.
Bloomberg Markets
Grain futures declined in Chicago as a potential reopening of the Strait of Hormuz could improve access to vital crop inputs, helping to ease the threats to food inflation brought on by the months-long war.
Bloomberg Markets
Treasuries advanced across the curve as investors dialed back expectations for Federal Reserve interest-rate hikes following news of a deal to end the Iran war.
Bloomberg Markets
William Roebuck, Former US Ambassador to Bahrian and Executive Vice President at Arab Gulf States Institute, discusses his outlook for the agreement between US and Iran to halt the war. He says the conflict is "moving into a new stage" and that is towards a "diplomatic track".
He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Bloomberg Markets
Qian Wang, Chief APAC Economist at Vanguard Group, discusses the US and Iran agreement to a deal that will halt war and says while there is still significant uncertainty around how sustainable the current deal is, it could boost the outlook for the global economy.
She speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Bloomberg Markets
IFM Investors has increased its bid and removed certain conditions in its best and final offer for Australian-listed toll road operator Atlas Arteria Ltd.
Bloomberg Markets
Indonesia faces a crucial test this month when MSCI Inc. decides whether to follow through with a downgrade, with investors already questioning the resilience of the world’s worst-performing equity market.
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Bloomberg Markets
The US and Iran reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for negotiations on the fate of Iran's nuclear program. (Source: Bloomberg)
Bloomberg Markets
Speculators have boosted their bets against the yen to a nine-year high, signaling the revival of the yen carry trade despite intervention risks and a potential rate hike by the Bank of Japan on Tuesday.