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Oxford Economics says Australia's economy could face its sharpest recession since the early 1990's, outside of the pandemic, if the Iran war extends and continues to disrupt supply chains. Australia economist Harry McAuley discusses the outlook on "Bloomberg: The Asia Trade." (Source: Bloomberg)

China’s electric-arc furnace steelmakers boosted weekly capacity utilization to the highest in more than two years, as the greener production method becomes more competitive.

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)

Samsung Electronics forecast record first-quarter operating profit that came in far above analyst estimates on booming demand for AI memory chips.

Bloomberg’s Joumanna Bercetche and Stephen Stapczynski analyze the chances of a possible truce as Trump’s deadline for a major escalation in Iran approaches.

Singapore's Foreign Affairs Minister Vivian Balakrishnan warned the economic fallout from the war in Iran could worsen and markets are yet to factor in the worst-case scenario. (Source: Bloomberg)

Analysts say the war in Iran is presenting China with an opportunity to cast itself as a more stable and reliable partner than the US for Asian countries. Enze Han, associate professor at the University of Hong Kong's Department of Politics and Public Administration, and political scientist and columnist Richard Heydarian weigh in on Bloomberg's "The China Show." (Source: Bloomberg)

Japan’s auction of 30-year notes saw muted demand as investors stayed cautious amid uncertainty about Middle East tensions.

Iran has yet to allow a single carrier loaded with liquefied natural gas to pass through the Strait of Hormuz in weeks of war, according to traders involved in the transit, a ban that risks exacerbating global shortages.

Copper is vulnerable to further declines if the Strait of Hormuz remains blocked, Goldman Sachs Group Inc. warned, as metals markets brace for President Donald Trump’s deadline for Iran to agree a deal or face sweeping attacks on civilian infrastructure.

Crude prices extended gains after Trump repeated the Tuesday deadline for escalating attacks on Iran's power plants and bridges.

Crude prices extended gains after Trump repeated the Tuesday deadline for escalating attacks on Iran's power plants and bridges.

Trump renewed threats on targeting Iran's civilian infrastructure if a peace deal is not reached in less than 24 hours, while signaling Iranian leadership is negotiating in earnest.

Taiwan will increase coal-fired power generation to bolster energy security, as the war in the Middle East crimps gas supplies.

Weak monsoon a bigger risk for the market than war, say Kotak strategists.

Samsung Electronics forecast record first-quarter operating profit that came in far above analyst estimates on booming demand for AI memory chips.

Lombard Odier's Homin Lee lays out potential outcomes for investors as the Strait of Hormuz remains closed and economies around the world remain exposed to higher oil prices. (Source: Bloomberg)

Crude prices ticked higher after Trump repeated the Tuesday deadline for escalating attacks on Iran's power plants and bridges.

Trump renewed threats on targeting Iran's civilian infrastructure if a peace deal is not reached in less than 24 hours, while signaling Iranian leadership is negotiating in earnest.

Chinese coal companies are turning to chemicals manufacturing for growth, as war in the Persian Gulf constrains supply of the liquid fossil fuels more commonly used by the industry.

The Philippines’ inflation spiked in March to the highest in nearly two years as the Iran war choked energy supply and pushed up fuel prices.

Trump renewed threats on targeting Iran's civilian infrastructure if a peace deal is not reached in less than 24 hours, while signaling Iranian leadership is negotiating in earnest.