India’s stock mutual fund inflows accelerated to the second-highest on record in March, showing resilience among individual investors despite heightened geopolitical tensions and market volatility.
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India’s stock mutual fund inflows accelerated to the second-highest on record in March, showing resilience among individual investors despite heightened geopolitical tensions and market volatility.
Turkey reshuffled the top ranks of two of its state-owned banks, installing new leadership at Turkiye Halk Bankasi and transferring its outgoing chief executive to Turkiye Vakiflar Bankasi, according to exchange filings late Thursday.
Energy analysts warn that the Iran ceasefire is not likely to alleviate acute signs of stress in the physical oil market.
Here’s what a handful of investing professionals say about the market’s rapid recovery — and the fragile Middle East truce.
Hungarian Prime Minister Viktor Orban addressed the nation two days before pivotal elections, telling voters that he was the safe bet and that ousting him after 16 years in office, as independent polls suggest may happen, would imperil the nation.
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Taiwan Semiconductor Manufacturing Co. reported a 35% increase in quarterly revenue, suggesting global AI chip demand remained intact during the first weeks of war in the Middle East.
Taiwan Semiconductor Manufacturing Co. reported a 35% increase in quarterly revenue, suggesting global AI chip demand remained intact during the first weeks of war in the Middle East.
Indonesia has named reclusive commodities merchant Mohammad Riza Chalid as a suspect in a second corruption case tied to crude oil and fuel procurement, putting renewed scrutiny on legacy practices in one of Southeast Asia’s largest energy markets.
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. In a fireside chat with Bloomberg's Avril Hong at the IMAS Investment Conference in Singapore, he adds that the effective closure of the Strait of Hormuz has disrupted oil and gas shipments to Asia, pushing prices higher and forcing buyers to scramble for alternative supplies. (Source: Bloomberg)
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. In a fireside chat with Bloomberg's Avril Hong at the IMAS Investment Conference in Singapore, he adds that the effective closure of the Strait of Hormuz has disrupted oil and gas shipments to Asia, pushing prices higher and forcing buyers to scramble for alternative supplies. (Source: Bloomberg)
Indonesia’s richest man has begun selling small stakes in his listed companies as tighter ownership rules push firms to increase shares available to public investors.
U.S. President Donald Trump on Thursday warned Iran to "stop now" if it was charging tankers to transit the Strait of Hormuz.
GQG Partners Portfolio Manager, Brian Kersmanc, believes the conflict in the Middle East could contribute to the AI bubble bursting. He appeared on Bloomberg's Insight with Haslinda Amin to discuss how heightened geopolitical risk is affecting his outlook on the markets. (Source: Bloomberg)
The European Commission and Trump administration are increasingly clashing over the bloc's actions against U.S. tech companies.
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel.
Franklin Templeton Co-President and Chief Commercial Officer Daniel Gamba says the asset manager has seen strong inflows into country-specific ETF products such as those in Korea. Speaking to ETF IQ Asia, he says he's looking to grow his firm's active and Asia ETF businesses. (Source: Bloomberg)
Iran has effectively closed the Strait of Hormuz in the war with the U.S. and Israel, creating an oil supply crunch and sending global energy prices soaring.
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel.
The Indian rupee has become Asia’s best-performing currency since the central bank cracked down on speculation late last month, with most positions unwound ahead of Friday’s deadline, traders said.
China summoned the country’s leading battery makers for a second time in a little over three months, reinforcing a call to restrict capacity expansion and avoid the price wars that have damaged other renewable-energy industries in the past.
China summoned the country’s leading battery makers for a second time in a little over three months, reinforcing a call to restrict capacity expansion and avoid the price wars that have damaged other renewable-energy industries in the past.
A top Chinese battery storage manufacturer said it expects a sharp rise in first-quarter profit as overseas demand surges, a sign the country’s clean tech exporters stand to benefit from energy disruptions caused by the war in Iran.