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Kuwaiti tanker hit by Iranian attack in Dubai port, raising oil spill fears
Dubai officials said a fire on the Al Salmi tanker had been extinguished and all crew members were safe after drone strikeMiddle East crisis – live updatesHow could US forcibly reopen strait of Hormuz and what are the risks? Iran attacked and set ablaze a fully loaded crude oil tanker at Dubai port’...
Malaysian Chemical Producer Tops Asia Stocks With 102% Rally
Shares of Malaysian petrochemical producer Petronas Chemicals Group Bhd. have doubled this month as fears of a prolonged Strait of Hormuz closure drive up global fertilizer prices, with analysts predicting more gains if the waterway remains shut.
China and Kenya partner to finish ‘most consequential’ rail project
Kenya has revived construction on its multibillion-dollar Standard Gauge Railway (SGR) extension that stalled more than six years ago, replacing heavy sovereign debt with innovative financing after renegotiating its loans with China. According to Kenyan officials, the Chinese firm China Communicatio...
Fesharaki Sees Oil At $150-$200 in Next Few Weeks
FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
Japan 2-Year Bond Sale Sees Demand in Line With 12-Month Average
Japan’s two-year government bond auction drew demand that was broadly in line with its 12-month average as high yield levels drew investors despite caution over a potential near-term rate hike by the Bank of Japan.
Fair Work abolishes junior pay rates, with half a million young Australians to be paid more
Union celebrates ‘landmark decision’ that will mean adults aged 20 or younger are no longer paid lessFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastHalf a million young Australians working in the retail, fast food and pharmacy sectors...
مصرف کنندگان و مالکان فروشگاهها در بریتانیا نگران تاثیر جنگ ایران بر افزایش قیمتها هستند
گزارش یک گروه مربوط به خرده فروشی در بریتانیا حاکی از آن است که قیمت ها در یک ماه گذشته با سرعت بیشتری در این کشور افزایش یافته و جنگ ایران خطر افزایش دوباره قیمتها را بالا برده است. تورم در بریتانیا در ماه مارس حدود ۱.۲ درصد رشد داشته که بیشتر از ماههای قبل بوده است.
Where to Invest After $12 Trillion Market Cap Wipeout
Volatility from the Iran conflict has resulted in the single largest month of value destruction on record, with $12 trillion in market cap erased across global benchmarks, Bloomberg's China Show reports. Dina Ting, Head of Global Index Portfolio Management at Franklin Templeton, says the key to navi...
Moutai Shares Surge After It Hikes Price of Flagship Liquor
Shares of Kweichow Moutai Co. rose the most in about two months after China’s top liquor maker announced a price increase for its flagship Feitian Moutai spirit, in a move that could bolster its earnings prospects.
Dubai’s loss could be Hong Kong’s gain, but only if city is ready
When InvestHK’s director general Alpha Lau Hai-suen recently said that companies using Dubai as a hub had mostly shifted to Hong Kong after the outbreak of the Iran war, the instinct to leverage the city’s position as a safe haven for investment was understandable. Hong Kong should absolutely try to...
Bab el-Mandeb joins Hormuz as pillars of global economic power
Yemen's strategic position at Bab el-Mandeb, coupled with Iran's control over the Strait of Hormuz, positions both as critical players in global energy and trade security, potentially reshaping regional dynamics.
Dollar Wraps Up Best Month Since 2022 Amid War in Middle East
The dollar is on track for its best month since September 2022 as war in the Middle East upends energy markets, buffets economic forecasts, and sends investors rushing to the world’s primary reserve currency.
Debit and credit card surcharges to be removed in Australia by October
Treasurer Jim Chalmers said the changes would help with the cost of living and that ‘Australians hate paying’ the surchargesDebit and credit card surcharges will be gone by October under Reserve Bank reforms, with big banks likely to foot the bill for the cost-of-living measures.The new rules, annou...
Mundys Plans to Boost Stake in Channel Tunnel Operator Getlink
Mundys SpA is close to unveiling a plan to increase its stake in Channel Tunnel operator Getlink SE, people with knowledge of the matter said, in a move aimed at deepening the Italian infrastructure group’s investments in France.
RBA Says Not Possible to Predict Cash Rate Path With Confidence
Australia’s central bank said it’s impossible to confidently predict the path for policy after raising interest rates for a second time this year as a surge in oil prices from the Middle East war fans inflation risks.
Chinese coffee brands need more than low prices to compete with global players: analysts
With Chinese coffee brands eyeing overseas expansion, analysts said those seeking to succeed as global players must move beyond low-price strategies and a narrow focus on operational efficiency. “Overseas consumers have long associated Chinese brands mainly with cost performance,” said Fu Yifu, a sp...
New lawsuit says Costco raised its prices in response to tariffs – and wants to keep tariff refunds for itself
The class action suit argues that Costco is essentially trying to get paid twice — once by the shoppers who covered the higher prices and again by the government through billions in expected refunds
War Diary Day 31: Economic shockwaves deepen in absence of diplomatic off-ramps to Iran war
On the 31st day of the US-Israeli war on Iran, the economic dimension of the war continued to become more pronounced as the conflict remained locked in a high-intensity, multi-domain phase, with exchanges continuing across Iran, Israel, and the wider region. Inside Iran, US and Israeli strikes conti...
Asian Stocks Set for Losses, Bonds Climb on Powell: Markets Wrap
Asian stocks looked set to track US peers lower, extending a selloff driven by fears the war in Iran may escalate. Treasuries advanced after Federal Reserve Chair Jerome Powell downplayed near-term inflation risks from higher energy prices.
Dip Buyers Disappear | The Close 3/30/2026
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Glenmede’s Jason Pride, CIBC Private Wealth’s Rebecca Babin, Niles Investment Management Founder Dan Niles, Wealth Enhancement...