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Latest news from trusted sources around the world

Economy Bloomberg
Dubai Suspends Flights as Trump Demands Help With Hormuz

Dubai International Airport has temporarily suspended flights after a drone incident caused a fuel tank to catch fire. The suspension takes place as US President …

Philippine Central Bank Steps in as Peso Nears Key Level of 60
Economy Bloomberg
Philippine Central Bank Steps in as Peso Nears Key Level of 60

The Philippine peso weakened toward the key psychological level of 60 pesos per dollar, prompting the central bank to intervene to support the currency.

Economy Bloomberg
Trump Demands Help with Hormuz, US Attacks Kharg Island

Trump said he’s “demanding” other countries help secure transit through Hormuz. (Source: Bloomberg)

Economy Financial Times
China’s economy rebounds ahead of Iran crisis

Beijing warns of geopolitical risks even as key indicators show growth

China’s 30-Year Yields Set for Highest Close Since 2024 on Oil
Economy Bloomberg
China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

Yields on China’s 30-year bonds were headed for the highest close since September 2024 as rising oil prices fueled by the war in Iran stoked …

Soybeans Slump More Than 2% on Possible US-China Talks Delay
Economy Bloomberg
Soybeans Slump More Than 2% on Possible US-China Talks Delay

Chicago soybean futures slumped 2.7% on Monday — dropping below $12 a bushel — amid a potential delay in US trade talks with China, the …

Economy Financial Times
Oil prices stabilise as Strait of Hormuz remains shut

President Trump says he is in talks on building coalition to open up crucial waterway

Defiant Prabowo Spars With Indonesia Tycoons and Market Skeptics
Economy Bloomberg
Defiant Prabowo Spars With Indonesia Tycoons and Market Skeptics

The nation’s president says he’s misunderstood by key players in the financial world, and they’ll eventually come around.

Economy Financial Times
MPs and peers call for major review of UK financial regulation

Report warns of ‘systemic flaws’ but consumer groups dismiss ‘rehash’ findings

Economy Financial Times
China’s answer to Amazon launches rival European ecommerce service

JD.com will launch service under its Joybuy brand after previously trying to crack the market in 2022

Gold Dips Below $5,000 as High Oil Prices Threaten Fed Rate Path
Economy Bloomberg
Gold Dips Below $5,000 as High Oil Prices Threaten Fed Rate Path

Gold slipped below $5,000 an ounce, as the conflict in the Middle East entered a third week and investors weighed the inflationary impact of higher …

Oil in Focus as US and Iran Continue Strikes
Economy Bloomberg
Oil in Focus as US and Iran Continue Strikes

Residents clear rubble in a house in the Beryanak District after it was damaged by missile attacks two days before, in Tehran, Iran on March …

Economy Financial Times
EU ministers to discuss possible naval options for Strait of Hormuz

Meeting follows President Trump’s plea for help to reopen the shipping lane

Triton Partners Raises €5.5 Billion for Delayed Flagship Fund
Economy Bloomberg
Triton Partners Raises €5.5 Billion for Delayed Flagship Fund

Triton Partners has raised €5.5 billion ($6.3 billion) for its new flagship fund, people familiar with the matter said, an important milestone after the European …

Munitions Metal Tungsten Outshines Gold, Copper in 557% Rally
Economy Bloomberg
Munitions Metal Tungsten Outshines Gold, Copper in 557% Rally

A metal used in weapons and semiconductors is finding itself the subject of geopolitical tensions as Chinese export limits and rising military demand squeeze supplies, …

Oil Supplies in Focus Ahead of Stock, Bond Open: Markets Wrap
Economy Bloomberg
Oil Supplies in Focus Ahead of Stock, Bond Open: Markets Wrap

Oil dominated investor attention ahead of the reopening of trading Sunday night in New York after US strikes near Iran’s key export hub at Kharg …

US Reiterates Oil Reserve Release Spurred by Iran War Will Be an Exchange
Economy Bloomberg
US Reiterates Oil Reserve Release Spurred by Iran War Will Be an …

The US Energy Department reiterated Sunday that a planned 172-million-barrel release of oil from the country’s Strategic Petroleum Reserve would be structured as an exchange.

Economy Financial Times
Central bank guidance in focus as big four set rates for first …

Plus, Nvidia talks AI chips, Rachel Reeves makes a pitch for closer EU ties and Japan’s prime minister heads to Washington

Economy Financial Times
India hails talks with Iran to open Strait of Hormuz

Foreign minister S Jaishankar tells FT diplomacy ‘is yielding results’ as Trump touts sending warships

IEA Says Oil From Emergency Stocks to Flow Immediately in Asia
Economy Bloomberg
IEA Says Oil From Emergency Stocks to Flow Immediately in Asia

The International Energy Agency said oil from a record stockpile release will be made available in Asia immediately as buyers in the region clamor to …

Economy Financial Times
UK polo patrons linked to laundering of Venezuelan oil sale proceeds, says …

Couple accused of using their positions at now-defunct Swiss bank MBaer to ‘further payments’ relating to corruption

Economy Financial Times
UK ready to explore EU tuition fee cut as part of Brexit …

London officials say move would require ‘very big’ offer from Brussels as Rachel Reeves seeks closer ties

Pentagon Sees Iran War Lasting Up to Six Weeks, Trump Aide Says
Economy Bloomberg
Pentagon Sees Iran War Lasting Up to Six Weeks, Trump Aide Says

A top aide to President Donald Trump said the Pentagon estimates the Iran war, now in its third week, would take between four and six …

EPA Administrator Lee Zeldin on the Iran Conflict
Economy Bloomberg
EPA Administrator Lee Zeldin on the Iran Conflict

Drawing on his military background and experience on the House Foreign Affairs Committee, EPA Administrator Lee Zeldin expressed strong support for President Trump's national security …

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