Oil prices fell on Tuesday as U.S. President Donald Trump reportedly expressed willingness to end the military hostilities against Iran even if the Strait of Hormuz remains largely shut.
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Oil prices fell on Tuesday as U.S. President Donald Trump reportedly expressed willingness to end the military hostilities against Iran even if the Strait of Hormuz remains largely shut.
Shares of Malaysian petrochemical producer Petronas Chemicals Group Bhd. have doubled this month as fears of a prolonged Strait of Hormuz closure drive up global fertilizer prices, with analysts predicting more gains if the waterway remains shut.
The limits to growth are starting to weigh more heavily that the risk of inflation.
Asia-Pacific markets were mixed on Tuesday as investors assesed Mideast conflict and volatile crude oil prices.
Pentagon chief spokesperson Sean Parnell dismissed the report in a post on X, calling it "entirely false and fabricated."
China's official gauge for manufacturing activity pointed to a better-than-expected expansion in March, snapping two months of declines.
Signaling rising global interest in India’s data‑center sector, Bharti Airtel has attracted private‑equity interest as it seeks to raise $1 billion.
FGE NexantECA Chairman Emeritus Fereidun Fesharaki says a prolonged 'near-closure' of the Strait of Hormuz could push oil prices to $150-$200/bbl in the next few weeks and trigger severe global economic fallout. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
Japan’s two-year government bond auction drew demand that was broadly in line with its 12-month average as high yield levels drew investors despite caution over a potential near-term rate hike by the Bank of Japan.
Japan’s two-year government bond auction passed smoothly as the high yield lured investors despite caution over a potential near-term rate hike by the Bank of Japan.
Asia-Pacific markets were mixed on Tuesday as investors assesed Mideast conflict and volatile crude oil prices.
Space infrastructure startup Starcloud raised $170 million in Series A funding at a $1.1 billion valuation. Philip Johnston, Co-founder and CEO of Starcloud, discusses his strategy for capital deployment and business growth. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade." (Source: Bloomberg)
Oil prices fell on Tuesday as President Donald Trump reportedly expressed willingness to end the military hostilities against Iran even if the Strait of Hormuz remains largely shut.
The ranking members of the Senate Commerce Committee questioned the head of the Federal Communications Commission in a Monday letter, criticizing his approval of Nexstar Media Group Inc.’s merger with Tegna Inc. without a vote of the full commission.
Aluminum registered its best month in nearly two years as the Middle East war disrupted supplies and damaged local production facilities, tightening the global market.
Aluminum headed for the biggest monthly gain in nearly two years, as the war in the Middle East disrupted supplies and damaged local production facilities, tightening the global market.
Volatility from the Iran conflict has resulted in the single largest month of value destruction on record, with $12 trillion in market cap erased across global benchmarks, Bloomberg's China Show reports. Dina Ting, Head of Global Index Portfolio Management at Franklin Templeton, says the key to navigating this "manic" period is diversification. (Source: Bloomberg)
China's official gauge for manufacturing activity pointed to a better-than-expected expansion in March, snapping two months of declines.
A new frontier is shaping up for companies that want to make money with artificial intelligence.
China’s state-run oil and gas giants are holding back on aggressive expansion plans as they balance market turbulence against long‑term goals for energy security.
Asia-Pacific markets were mixed on Tuesday as investors assesed Mideast conflict and volatile crude oil prices.
Shares of Kweichow Moutai Co. rose the most in about two months after China’s top liquor maker announced a price increase for its flagship Feitian Moutai spirit, in a move that could bolster its earnings prospects.
Oil prices extended gains as Trump threatened further escalation of attacks on Iran, including its energy infrastructure and desalination plants.
The president is willing to end hostilities even if the Strait of Hormuz remains largely closed, WSJ reports