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Climate executive warns California ‘functionally bankrupt,’ $1T shortfall could shake nation

Climate entrepreneur David Friedberg warned California is “functionally bankrupt," citing pension liabilities, legal limits, and spending concerns in a recent interview.

Motorcycles, rickshaws to get subsidized petrol via mobile app

ISLAMABAD: The federal government has decided to introduce a special relief package aimed at providing subsidized petrol to motorcyclists and rickshaw drivers across the country. According to sources, the scheme will operate through a mobile application-based quota system, enabling eligible users to...

China Vanke, Country Garden Navigate Persistent Property Headwinds

Persistent weakness in China’s housing market will be the main drag when property developers China Vanke Co., Country Garden Holdings Co. and China Overseas Land & Investment Ltd. report next week.

Taiwan’s Largest ETF Set for Record Inflow, Defying War Angst

Taiwan’s largest equity exchange-traded fund is on track for record inflows this month, as domestic investors defy the global turmoil sparked by the Iran war and pile into the technology-heavy product.

Australia’s Fuel Supply Secure in Near Term, Albanese Says

Australia has a secure supply of fuel over the near term, Prime Minister Anthony Albanese said Friday, as he sought to reassure skittish households and businesses at a time of mounting reports of gasoline shortages.

TDR, I Squared Are Said to Select Banks for Aggreko’s US IPO

TDR Capital and I Squared Capital have picked banks to work on a US initial public offering for Aggreko Plc, one of the world’s biggest power generator rental firms, according to people familiar with the matter.

Cyclone triggers outages at major Australian LNG plants

Cyclone triggers outages at major Australian LNG plants: Chevron

Japan to boost coal-fired power as Iran war causes energy turmoil

TOKYO: Japan’s government plans to temporarily lift restrictions on coal-fired power plants as it seeks to ease an energy crunch caused by the Middle East war, an official said on Friday. Japanese media, including Jiji Press, had earlier reported the industry ministry was set to announce the p...

Japan to boost coal-fired power as Mideast war triggers energy turmoil: media

Japan to boost coal-fired power as Mideast war causes energy turmoil: media

Gold dips sharply, UAE shoppers advance purchases amid price window

Japan’s cherry blossom parties could wilt as inflation strains wallets

Japan’s cherry trees are in full bloom, heralding the arrival of spring and the beginning of hanami picnics filled with food, festivities and fun. But stubborn inflation, the economic fallout from the war in Iran and looming unsettled weather have muted excitement for this year’s gatherings – a time...

MSCI Deadline Tests Indonesia’s Resolve to Fix Opaque Ownership

A looming MSCI Inc. decision over Indonesia’s market status is highlighting the challenge regulators face to address opaque ownership structures and poor disclosures by the nation’s biggest companies.

Cryptocurrencies aiding Iran during war

London: Since the start of the Middle East conflict, Iran has witnessed massive cryptocurrency flows. Experts say they are being used to circumvent sanctions placed on Iran’s Revolutionary Guards as well as a financial safe haven by civilians hit by soaring inflation. AFP examines how exactly...

Miran Says Reducing Fed Balance Sheet Could Take Years

Federal Reserve Governor Stephen Miran says the Fed can shrink its balance sheet meaningfully from current levels but cautioned the process would likely take years and require several steps. He speaks during an event at the Economic Club of Miami. (Source: Bloomberg)

Oil drops as Trump pauses Iran strikes

Oil prices fell Friday after Donald Trump again pushed back a deadline for Iran to reopen the Strait of Hormuz, though most equities also dropped as traders shrugged at the news following a series of conflicting messaging from the White House. The US president had warned last Saturday he would oblit...

Chris Sununu says "we are disincentivizing" people from joining airline industry

President Trump is urging Republicans to move forward with a bill to end the partial government shutdown without support from Democrats to get airport security lines moving. Shawna Mizelle reports from George Bush Intercontinental Airport in Houston. Then, Chris Sununu, president and CEO of Airlines...

No shortage of oil and gas, won't impose curbs: Govt

The government has ruled out restrictions on petrol and diesel sales, assuring citizens of ample oil and gas availability and robust import arrangements. Despite global fuel use curbs and misinformation-driven queues, India's petroleum and LPG supply remains secure and under control, with reserves...

Trump Extends Energy-Attack Ceasefire, Market Volatility, Health Care Costs | The Close 3/26/2026

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 Barclays head of US equity strategy & global equity linked strategies Venu Krishna, Goldman Sachs co-head health care business...

Fed's Cook Says Inflation More of a Risk Now Due to War

Federal Reserve Governor Lisa Cook says the Iran war has shifted the balance of risks for now, leaving inflation as a bigger concern for policymakers than employment. She speaks during an event in New Haven, Connecticut. (Source: Bloomberg)

Treasury to place Trump’s signature on paper currency to mark US 250th anniversary

Trump's signature will appear on U.S. dollar bills, the Treasury said, marking the first time in 165 years a president's name will appear on currency.