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Latest news from trusted sources around the world

Vietnam Plans to Scrap Fuel Import Curbs to Keep Supply Flowing
Economy Bloomberg
Vietnam Plans to Scrap Fuel Import Curbs to Keep Supply Flowing

Vietnam will remove import tariffs on fuel and make it easier for state giant PetroVietnam to buy and sell crude and oil products, as an …

Taiwan to Cap Oil-Price Rises and Doesn’t See Power Shortages
Economy Bloomberg
Taiwan to Cap Oil-Price Rises and Doesn’t See Power Shortages

Taiwan has set a weekly cap on oil-price increases as it seeks to cushion the economy from the impact of the Middle East war, according …

Economy Financial Times
China consumer prices buoyed by oil surge and lunar new year

Deflationary pressures ease as AI-related spending rises and Beijing clamps down on overcapacity

Economy Financial Times
Oil surges past $100 a barrel for the first time in four …

Traders are betting a widening conflict in the Middle East will lead to a weeks-long disruption in supply

Economy Financial Times
Stock markets tumble as oil prices soar

Ali Khamenei’s son Mojtaba becomes Iran’s supreme leader

China’s Bond Futures Fall Most This Year on Oil Price Shock
Economy Bloomberg
China’s Bond Futures Fall Most This Year on Oil Price Shock

China’s government bond futures posted their biggest single-day drop this year, joining a global debt selloff as surging oil prices spur concern over imported inflation.

Crop Prices Jump as War Snarls Trade and Risks Tightening Supply
Economy Bloomberg
Crop Prices Jump as War Snarls Trade and Risks Tightening Supply

Palm oil surged as much as 10%, soybean oil jumped and wheat neared a two-year peak, as the war in the Middle East drove energy …

Gold Drops as Oil Surge Stokes Fears of Higher Interest Rates
Economy Bloomberg
Gold Drops as Oil Surge Stokes Fears of Higher Interest Rates

Gold fell, pressured by a stronger US dollar and concerns over higher interest rates, as the war in the Middle East extended into a second …

Starmer Hints at Support for Households as Oil Surges
Economy Bloomberg
Starmer Hints at Support for Households as Oil Surges

Prime Minister Keir Starmer raised the prospect of helping British households with soaring energy bills as oil prices exceeded $100-a-barrel for the first time since …

Stocks Fall as Oil Near $100 Spurs Economic Fears: Markets Wrap
Economy Bloomberg
Stocks Fall as Oil Near $100 Spurs Economic Fears: Markets Wrap

The war in the Middle East sparked a fresh bout of volatility in global markets, with a surge in oil sending stocks toward their lowest …

Oil Dips Below $100 as G7 Mulls Coordinated Stockpile Release
Economy Bloomberg
Oil Dips Below $100 as G7 Mulls Coordinated Stockpile Release

Oil clawed back some gains after smashing through $100 a barrel as the world’s largest economies consider a co-ordinated release of emergency oil stockpiles, with …

Private Credit’s Gate-Crashers Are Forcing Funds Into a Brutal Spot
Economy Bloomberg
Private Credit’s Gate-Crashers Are Forcing Funds Into a Brutal Spot

The world’s largest alternative asset managers are confronting a painful choice: Block investors who want to exit private debt funds and deal with potential blowback, …

Oil Open in Focus as Iran Chooses Its Next Supreme Leader
Economy Bloomberg
Oil Open in Focus as Iran Chooses Its Next Supreme Leader

Mojtaba Khamenei in 2020.

Economy Financial Times
Muscat airport limits private jet flights as wealthy leave the Gulf

Oman base seeks to prioritise government and commercial relief services as attempts to reopen other centres falter

Economy Financial Times
German chancellor’s party heads for narrow defeat in key regional election

Greens projected to take lead in Baden-Württemberg state while AfD almost doubles vote share, according to projections

Economy Financial Times
Trump raises the stakes in Iran by weighing deployment of US ground …

Democrats and some Republicans fear a deepening involvement in the war with no clear exit strategy

Goldman Says Hedge Funds Add Short Bets on US Stocks Amid Rout
Economy Bloomberg
Goldman Says Hedge Funds Add Short Bets on US Stocks Amid Rout

Fast-money investors are ramping up bets against US stocks, wagering on more pain ahead as tensions in the Middle East show few signs of subsiding.

Stock and Bond Traders Eye Another Volatile Open
Economy Bloomberg
Stock and Bond Traders Eye Another Volatile Open

Escalating hostilities in the Middle East and widening stress on oil shipping and infrastructure had global investors braced for more turbulence when trading resumes Sunday.

Economy Financial Times
Yvette Cooper defends UK’s ‘cool-headed approach’ on Iran after Trump criticism

UK foreign secretary says people need to ‘focus on the substance and not social media posts’

Economy Financial Times
Economic reports to be overshadowed by escalating Iran war

Inflation and Q4 GDP updates, results from Lego and Oracle, and ‘Wealth of Nations’ reaches 250th anniversary

Economy Financial Times
Phillips 66 changes board to avoid new proxy battle with Elliott

Brokered peace draws line under one of the activist hedge fund’s most bitterly fought recent campaigns

Pixar Scores Comeback With $45.3 Million Haul for ‘Hoppers’
Economy Bloomberg
Pixar Scores Comeback With $45.3 Million Haul for ‘Hoppers’

Hoppers, the new animated picture from Walt Disney Co.’s Pixar studio, debuted as the highest-grossing film in US and Canadian theaters, delivering $45.3 million in …

US Energy Chief Says ‘Fear Premium’ in Oil Markets Will Ebb
Economy Bloomberg
US Energy Chief Says ‘Fear Premium’ in Oil Markets Will Ebb

US Energy Secretary Chris Wright sought to counter market warnings about an extended Middle East war, saying global energy supplies are sufficient and the surge …

Economy Bloomberg
Pointed: The News Quiz for Risk Takers

David Gura, Christina Ruffini, and Lisa Mateo of “Bloomberg This Weekend” play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz …

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