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Regis to Buy Vault Minerals to Form $7.7 Billion Gold Miner
Economy Bloomberg
Regis to Buy Vault Minerals to Form $7.7 Billion Gold Miner

Australian gold miner Regis Resources Ltd. has agreed to buy Vault Minerals Ltd. in an all-share transaction that they said values the combined entity at …

Stocks Bounce and Oil Slips as Mideast Truce Holds: Markets Wrap
Economy Bloomberg
Stocks Bounce and Oil Slips as Mideast Truce Holds: Markets Wrap

US stock futures rebounded and oil prices eased as the ceasefire in the Middle East appeared to hold. Traders are also taking comfort that robust …

Oil Slips After Clashes Around Hormuz Strain Fragile Truce
Economy Bloomberg
Oil Slips After Clashes Around Hormuz Strain Fragile Truce

Oil dipped after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire in the Middle East following fresh clashes between the US and Iran.

State Street CEO: ETFs Have 'Exploded'
Economy Bloomberg
State Street CEO: ETFs Have 'Exploded'

State Street Chairman and CEO Ron O'Hanley discusses the company's strategic approach to the exploding ETF market, 'episodic' M&A, and the impacts of geopolitical risks …

Westpac Profit Misses Estimates as CEO Flags Mideast Risks
Economy Bloomberg
Westpac Profit Misses Estimates as CEO Flags Mideast Risks

Westpac Banking Corp.’s first-half profit missed expectations as Chief Executive Officer Anthony Miller flagged worries about the impact of the Middle East war on customers.

Investor Michael Burry Says He Exited Entire GameStop Position
Economy Bloomberg
Investor Michael Burry Says He Exited Entire GameStop Position

Famed investor Michael Burry sold his entire position in GameStop Corp. after the gaming retailer made an offer to buy e-commerce company eBay Inc. for …

Apollo-Owned Auto Supplier Tenneco Is Said to Tap Banks for IPO
Economy Bloomberg
Apollo-Owned Auto Supplier Tenneco Is Said to Tap Banks for IPO

Tenneco Inc. has picked banks to lead its initial public offering, according to people familiar with the matter, as the automotive supplier advances a public …

Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case
Economy Bloomberg
Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case

Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly …

Oaktree Co-CEO Calls Market Pricing ‘Head-Scratcher’ Given Risks
Economy Bloomberg
Oaktree Co-CEO Calls Market Pricing ‘Head-Scratcher’ Given Risks

Oaktree Capital Management Co-Chief Executive Officer Armen Panossian warned that markets have been too quick to shrug off a slew of fundamental issues, which are …

US 30-Year Yield Hits 5% on Oil Surge, Higher Borrowing Outlook
Economy Bloomberg
US 30-Year Yield Hits 5% on Oil Surge, Higher Borrowing Outlook

Treasuries fell, sending 30-year yields to the highest since July, as a surge in oil prices stoked inflation fears while higher government borrowing estimates fueled …

US Stocks Fall From Record High With Mideast Tensions in Focus
Economy Bloomberg
US Stocks Fall From Record High With Mideast Tensions in Focus

The S&P 500 Index retreated from a record high as investors monitored developments in the Middle East and geared up for another busy earnings stretch …

South Africa Factories Turn Upbeat as War Brings Orders Forward
Economy Bloomberg
South Africa Factories Turn Upbeat as War Brings Orders Forward

A gauge measuring South African manufacturer sentiment rose in April to its best level in two years, driven by business activity and new sales orders, …

European Stocks Decline on Iran Tensions, Trump’s Tariff Threat
Economy Bloomberg
European Stocks Decline on Iran Tensions, Trump’s Tariff Threat

European stocks fell as tensions in the Strait of Hormuz pushed up oil prices and US President Donald Trump’s threat of higher tariffs on car …

Yen’s Brief Spike Leaves Traders on High Alert for Intervention
Economy Bloomberg
Yen’s Brief Spike Leaves Traders on High Alert for Intervention

A sudden surge in the yen ensured traders remained on edge over the potential for Japanese authorities to step back into the market after last …

ASX Warns Firms About ‘Ramping’ AI Upside to Push Stock Prices
Economy Bloomberg
ASX Warns Firms About ‘Ramping’ AI Upside to Push Stock Prices

Australia’s stock exchange operator warned businesses not to exaggerate the impact of artificial intelligence on their operations, saying it monitors the market for instances of …

Hong Kong Property Shares Rally as Morgan Stanley Feeds Optimism
Economy Bloomberg
Hong Kong Property Shares Rally as Morgan Stanley Feeds Optimism

Hong Kong property shares rallied, leading gains in the broader market along with technology stocks, after Morgan Stanley boosted its forecast for home prices.

Takaichi Visits Australia to Bolster Ties
Economy Bloomberg
Takaichi Visits Australia to Bolster Ties

Japan's prime minister, Sanae Takaichi, is visiting Australia to strengthen ties with one of her country's strongest allies and build on an updated regional strategy. …

AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record
Economy Bloomberg
AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record

A rally in shares tied to artificial intelligence helped Asia’s stock benchmark wipe out losses sparked by the Iran war and climb back to an …

Modi Poised for Milestone Win in Key Indian State Election
Economy Bloomberg
Modi Poised for Milestone Win in Key Indian State Election

Prime Minister Narendra Modi’s party appears on course to secure its first-ever election victory in the eastern Indian state of West Bengal, expanding its support …

Asia Dollar Bond Sales Expected to Hold Strong After April Surge
Economy Bloomberg
Asia Dollar Bond Sales Expected to Hold Strong After April Surge

Asia-Pacific’s dollar bond market is poised for steady issuance this month as borrowers capitalize on a post–US-Iran ceasefire lull that drove April volumes to a …

Gold Falls as Flare-Up of Hormuz Tensions Fuels Inflation Risks
Economy Bloomberg
Gold Falls as Flare-Up of Hormuz Tensions Fuels Inflation Risks

Gold fell as escalating Middle East tensions threaten a ceasefire between the US and Iran, keeping energy prices elevated and fueling inflation risks.

Stocks Fall, Oil Rises on Mideast Tension Flare-Up: Markets Wrap
Economy Bloomberg
Stocks Fall, Oil Rises on Mideast Tension Flare-Up: Markets Wrap

Stocks fell from all-time highs as oil climbed on concerns that heightened Middle East tensions could threaten a fragile ceasefire, keeping energy costs elevated while …

Oil Jumps on UAE Missile Warnings, New Threats in Hormuz
Economy Bloomberg
Oil Jumps on UAE Missile Warnings, New Threats in Hormuz

Oil climbed sharply as tensions flared in the Middle East, with Iranian missiles targeting the United Arab Emirates and as Tehran warned that it was …

A2 Milk Recalls Batches of US Baby Formula After Detecting Toxin
Economy Bloomberg
A2 Milk Recalls Batches of US Baby Formula After Detecting Toxin

New Zealand infant formula supplier a2 Milk is recalling batches of product sold in the US after detecting the toxin cereulide.

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