World News Feed
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PBOC Warns on Imported Inflation, Focuses on Policy Transmission
China’s central bank has warned on the risks of imported inflation from higher oil prices stemming from the war in Iran, offering no hint of …
Why Modi Wants Indians to Pause Gold Buying
India’s love for gold may be going on pause. PM Narendra Modi is urging citizens to avoid buying gold for a year as the ongoing …
Dream Finders Homes Offers $704 Million to Buy Rival Beazer
Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low.
RRJ, Pimco Invest in HK Developer PCPD’s $500 Million Bond Sale
RRJ Capital and Pacific Investment Management Co. are among investors in a $500 million bond offering from Hong Kong billionaire Richard Li’s Pacific Century Premium …
EON Set to Acquire Ovo to Create UK Energy Supply Giant
EON SE announced it would acquire Ovo Energy Ltd, potentially creating one of the largest energy providers in the UK, according to a statement.
Emerging-Market Stocks Set for Record High on Technology Rally
Emerging-market equities rose, with artificial intelligence-related stocks keeping the benchmark buoyant as stalled peace talks between the US and Iran pushed up oil prices. Most …
China April Auto Sales Drop as War Hits Demand for Gasoline Cars
China’s car sales fell 21.5% in April after deliveries of gasoline vehicles plunged due to the Iran oil shock, and electric car demand wasn’t strong …
Floundering Rupee May Keep Indian Equities on a Tight Leash
Monex Europe expects the rupee to hit 98 per dollar by year-end.
JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom
JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month, citing improvement in the semiconductor …
China’s Factory Inflation Hits Post-Covid High After Cost Shock
China’s factory prices grew at the fastest pace since the pandemic four years ago as the fallout from the Iran war sharply raises costs and …
Gold Falls as Trump Rejection of Iran Offer Fans Inflation Fears
Gold fell as President Donald Trump’s rejection of Iran’s latest peace offer to end the war in the Middle East fanned inflation fears.
Asian Stocks Rise Led by Tech, Oil Climbs on Iran: Markets Wrap
Asian stocks rose as traders boosted bets on the AI trade, brushing aside Middle East tensions even after President Donald Trump’s rejection of Iran’s latest …
Oil Climbs as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer
Oil rose after US President Donald Trump rejected Iran’s response to his latest peace proposal, prolonging the effective closure of the crucial Strait of Hormuz.
UK, France to Host Multinational Meeting on Mission to Escort Ships Through …
More than 40 nations will meet Monday to outline their military contributions to a European-led mission to escort ships through the Strait of Hormuz once …
Trump Says Iran Peace Proposal Response ‘Totally Unacceptable’
“I have just read the response from Iran’s so-called ‘Representatives.’ I don’t like it — TOTALLY UNACCEPTABLE,” President Trump says in a Truth Social post.
Taking Stock of Jerome Powell’s Fed Chair Term
In Powell’s last week as Federal Reserve Chair we consider his legacy.
Momentum-Obsessed Traders Seek Clues on Iran Truce
Investors riding a scorching run of market momentum are likely to face a reality check when trading resumes in Asia after President Donald Trump rejected …
O'Brien: Supreme Court Voting Rights Act Decision Likely Lead to "Redistricting War"
Bloomberg Opinion Senior Executive Editor Tim O'Brien joins David Gura and Christina Ruffini on Bloomberg This Weekend to analyze the escalating tensions surrounding redistricting in …
Trump, Xi Set to Meet for High-Stakes Meeting in Beijing
President Donald Trump said he’s looking forward to meeting Chinese counterpart Xi Jinping, signaling his plans for the high-stakes summit are still on despite fresh …
Spice Company Wins Suit Over 10% Trump Global Tariffs
President Donald Trump’s 10% global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months …
Pimco CIO Sees Risk of Fed Hiking Rates Due to Iran War, …
The war in Iran may lead the Federal Reserve to further delay interest-rate cuts and instead raise rates, Pimco Chief Investment Officer Dan Ivascyn told …
Why Your Grocery Store Has So Many Sparkling Waters
Walk down the beverage aisle and you'll find dozens of sparkling water brands competing for your attention. It looks like saturation, but it's actually a …
Hantavirus-Hit Cruise Ship Begins Evacuation in Canary Islands
A cruiseship at the center of a deadly hantavirus outbreak is starting the process of evacuating passengers in Spain’s Canary Islands, almost a month after …
Hantavirus-Hit Cruise Ship Begins Evacuations From Tenerife
A cruise ship at the center of a deadly hantavirus outbreak is starting the process of evacuating passengers in Spain’s Canary Islands, almost a month …
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