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Tighter restrictions undermine China's trust in EU investment — Chinese ministry
China's Commerce Minister Wang Wentao reaffirmed that China was ready to strengthen trade and investment cooperation with the EU and ensure the stable and harmonious development of bilateral pragmatic exchanges
Yara Boosts Profit as Iran War Sends Fertilizer Prices Soaring
Fertilizer giant Yara International ASA posted higher-than-expected first quarter earnings as the Iran war effectively halted transit through the Strait of Hormuz, hurting global trade of crop nutrients and pushing up prices.
India’s Shapoorji Gets Nod to Delay Bond Days Before Maturity
Indian infrastructure conglomerate Shapoorji Pallonji Group has secured creditor approval to delay payment on one of the nation’s biggest high-yield bonds, just days ahead of the April 30 maturity, according to people familiar with the matter.
Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried
A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different viewGet our breaking news email, free app or daily news podcastAustralian households were already on edge before the bombs started falling in Iran.The cost of living was high and inflation was accelerating again, forcing the Reserve Bank to start ratcheting up interest rates. Continue reading...
China Scaled Back Fiscal Stimulus in First Month of War in Iran
China pulled back on fiscal spending in March as the economy rebounded at the start of the year despite disruptions caused by the war in Iran.
German Business Outlook at Worst Since 2023 as War Hits ‘Hard’
Germany’s business outlook deteriorated more than expected, adding to fears that higher energy costs stemming from the Iran conflict will derail the country’s economic revival.
Europe’s LNG Imports Set for First Monthly Drop in Over a Year
Europe is facing its first monthly drop in seaborne supply of natural gas in over a year, with volumes dampened by terminal works and tighter global flows.
<strong>James Bosworth on the "Orange Wave" Happening Across Latin America</strong>
From Delcy to Milei.
Odd Lots: The “Orange Wave” Realigning Latin America (Podcast)
What to Think of FX Carry Trade Revival: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
Russian stocks up as main trading session opens
By 10:15 a.m. Moscow time, the MOEX Index was up by 0.07% at 2,773.38 points, while the RTS Index was up by 0.07% at 1,167.47 points
Fitch Cuts Mozambique’s Rating, Citing Probable Bond Default
Fitch Ratings cut its assessment of Mozambique’s foreign-currency debt by one notch to CC, saying a restructuring of the nation’s sole dollar bond had become probable.
Woman trapped in sewage pit for three hours after outback toilet collapses
Woman trapped in poo for three hours after outback toilet collapses51 minutes agoShareSaveAdd as preferred on GoogleKelly NgGetty ImagesA file photo of a pit latrine, or long-drop toilet, in rural AustraliaA woman who was taking a toilet break while on a road trip in the Australian outback ended up getting stuck waist-deep in a pit latrine after it collapsed.She was "trapped in the sewage pit for approximately three hours, until [she was] rescued by a local tradesman who happened to be pass...
Stock market crash: Why have Sensex, Nifty dropped over 1% in trade today? Top reasons
Technology stocks bore the brunt of the selling. Shares of Infosys, HCLTech, Tech Mahindra and Tata Consultancy Services fell between 2 per cent and 4 per cent after Infosys’ fourth-quarter results failed to meet market expectations.
Iran War to Keep Gas Market Tight for Two More Years, IEA Says
The global natural gas market is set to remain tight well beyond this year, as the ongoing conflict in the Middle East and damage to regional infrastructure continue to disrupt supply, according to the International Energy Agency.
Why Markets Are Resilient Despite the Iran War
Stocks are climbing back toward record highs, even as the Iran war continues and oil prices stay elevated. So why aren’t markets reacting? (Source: Bloomberg)
Al Kishi: Don’t Be Alarmed By Currency Swap Discussions
The UAE & US have discussed a currency swap line as a financial backstop due to the impact of the war. But Deutsche Bank’s MEA CEO says despite the uncertainty, the banking environment across the Gulf remains resilient. Jamal Al Kishi spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on activity in the region. (Source: Bloomberg)
Up or down? War scrambles financial market signals
The traditional global asset correlations that collapsed when the war in the Middle East erupted remain broken, leaving investors to piece together strategies to trade the road to resolution with a faulty instrument panel. Record highs for Wall Street stocks belie concerns about fraught geopolitics, how long energy supplies might be disrupted for and long-term economic damage. BMO chief FX strategist Mark McCormick reckons the next three to six months will not resemble the “pre-conflict normal”....
Glorious weather sees UK-grown strawberries arrive in supermarkets
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Singapore boosts import of Russian petroleum products amid situation in Middle East — FT
According to the publication, the volume of supplies from Russia more than doubled the 2025 average monthly level in April