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Asian Beach Games in Hainan show China as eco-friendly, hi-tech and open country
Among other things, the opening ceremony used a water projection instead of the traditional flame for the torch lighting
‘All-In Wednesday’ to Test Stock Market Where Everyone’s Long
Investors who have been feasting on stocks will know by this evening whether a bout of indigestion is in store next.
US oil inventories down 6.2 mln barrels over week — Department of Energy
The current stock level is 1% above the five-year average typical for this time of the year, the department stated
Hormuz Crisis Drives Insurance Spike
Shipping through the Strait of Hormuz hasn’t stopped, but the cost of doing it has surged according to Marsh CEO John Doyle. He joined Bloomberg Open Interest to explain how insurers are reacting to geopolitical risk, why premiums may stay high even after tensions ease, and why cyber threats now top his list of concerns in the AI era. (Source: Bloomberg)
Bloomberg Surveillance 4/29/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
'Shock' for paper firm staff amid closure proposal
'Shock' for paper firm staff amid closure proposalJust nowShareSaveAdd as preferred on GoogleCharlotte CoxSouth WestGoogleThe site has been an employer in Launceston for nearly 60 years Staff have reacted with "shock and disappointment" to the proposed closure of a packaging site which has been a major employer in a Cornish town for nearly 60 years. International paper firm DS Smith has confirmed a "proposal had been made" to close its factory on Link Road in Launce...
Banks Get Picky on Asset-Based Loans as Tricolor, MFS Hit Market
European banks are being more selective on asset-backed lending, as collapses including Tricolor Holdings and Market Financial Solutions Ltd. have made firms more cautious of the sector.
Indonesia to expand defense cooperation with Russia
According to Speaker of the Regional Representative Council of Indonesia Sultan Bachtiar Najamudin, the Russia-Indonesia strategic partnership is also developing in the areas of trade and investment
It is important to conduct dialogue to balance energy markets — Kremlin spokesman on OPEC+
Dmitry Peskov commented on the possibility of Russia's withdrawal from OPEC+ following the UAE's decision to leave this group
Bank of Russia raises dollar exchange rate to 74.88 rubles for April 30
The official euro exchange rate has been raised by 18.43 kopecks to 87.7771 rubles
Russia expects OPEC+ to keep functioning after UAE exit — Kremlin
Russia will continue contacts with the UAE on energy issues, Dmitry Peskov noted
US Treasury Yields Hit Highest Levels Since March as Oil Surges
US Treasuries slumped, lifting yields to the highest levels this month, as mounting oil prices further eroded expectations for Federal Reserve interest-rate cuts.
Warsh can bring a much-needed trade-off on rates to the Fed
The designate chair has signalled a willingness to take the central bank’s balance sheet into account when setting monetary policy
Israel Readies Sale of Stakes in State Defense Firms by Year-End
Israel is preparing to sell a stake of as much as 30% in its two largest defense companies this year to help fund the nation’s expanding military spending.
Ex-Subprime Mortgage Trader Bets On Homeowners’ Future Equity
Keri Findley traded subprime mortgage bonds during the Great Financial Crisis. Now, she’s betting on big returns from a home equity product with parallels to one that boomed before 2008.
Oil Traders Lawyer Up as Hormuz Disruptions Trigger Billions of Dollars in Disputes
Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that weren’t delivered as a result of the Iran war.
US Naval Blockade Pushes Iran’s Currency to Record Low
Iran’s currency has fallen in recent days to a fresh record low, in a sign the US’s naval blockade is squeezing the Islamic Republic’s economy.
Oil soars above $117 as Iran war stand-off persists
Brent crude rises for eighth consecutive day
US Crude Exports Surge to Record Above 6 Million Barrels a Day
US crude exports surged to a record above 6 million barrels a day last week as the Iran war sends overseas buyers hunting for replacements to Middle Eastern oil.
Pam Bondi to testify in House Oversight Committee's Epstein investigation on May 29
Former Attorney General Pam Bondi will testify next month before the House Oversight Committee about her role in handling the release of the Epstein files, Republicans on the committee said Wednesday."We have secured Bondi’s appearance for May 29," an X account for the Republican members of the Oversight committee wrote following weeks of demands from Democrats on the committee that Bondi should testify despite the fact that she is no longer serving as attorney general