World News Feed
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India’s Trade Gap Narrows as Middle East Conflict Hits Shipments
India’s trade deficit narrowed in March as supply disruptions in the war-hit Middle East weighed on shipments.
Wall Street Goes Bottom Fishing in Beaten-Down Software Stocks
Wall Street has gotten repeatedly burned calling a bottom in software stocks, which have been hit hard by fears that artificial intelligence will make the …
Trump Hints at War’s End as Hormuz Standoff Chokes Oil Flows
US President Donald Trump played down the prospect of renewed fighting in the war with Iran, even as questions remain over Tehran’s nuclear program and …
S. Korea’s Naver Prices First Euro Bond Amid AI Push
South Korean platform giant Naver Corp. has sold a combined $1.1 billion of green international bonds, including its inaugural euro-denominated bond, as the company continues …
Japan’s Asahi Kasei Says Seeking Alternative Sources of Naphtha
Japanese chemicals maker Asahi Kasei Corp. says it’s working to diversify sources of naphtha as the war in the Middle East curbs supplies.
HSBC’s Liu: Seen Some Flows Into Asia on Mideast Conflict
Ida Liu, CEO at HSBC Private Bank, says clients are looking at Asia amid the conflict in the Middle East, but flows have been "very …
Pakistan Secures $3 Billion in Saudi Funding to Bolster Reserves
Pakistan said it secured $3 billion in financial support from Saudi Arabia, helping to bolster its foreign exchange reserves and offset a loan repayment the …
Iraq-Bound Tanker Attempts Hormuz Crossing Into Persian Gulf
An Iraq-bound supertanker that aborted a weekend attempt to cross the Strait of Hormuz into the Persian Gulf is now sailing through the waterway, a …
Gold Declines as Traders Assess Renewed Push for US-Iran Talks
Gold slipped as traders assessed fragile optimism for a negotiated settlement to the war in the Middle East, despite the near-total blockade of energy shipments …
US Stocks Hold Near All-Time High on Peace Hopes: Markets Wrap
US stocks are holding firm near an all-time high following a rally driven by optimism around a potential peace deal in the Middle East, with …
Oil Holds Loss on Prospect of Fresh Peace Talks With Hormuz Shut
Oil held onto a sharp drop from the week’s highs as the US and Iran seek further talks to end a war that has brought …
Hormuz Closure Sets Clock Ticking for Asia’s Rice Farmers
The war in Iran is threatening Asia’s rice harvest. Today on the Big Take Asia: What this means for the region’s tables, economies and politics.
Kyle Kuzma: I'm Bullish on the NBA's Future
NBA Champion & Entrepreneur Kyle Kuzma discusses joining Sierra Racing Club as team co-owner, E1 racing, and why he's bullish on the NBA's future. He …
Commerzbank CEO at Odds With Unicredit Over Valuation
Commerzbank CEO Bettina Orlopp says that she has had some talks with UniCredit SpA about a deal after the Italian bank announced a takeover bid …
TD, BMO to Act as Market Makers for New Credit Futures Contract
TD Securities and BMO Capital Markets are acting as liquidity providers for a new Canadian bank credit futures contract, according to the Montreal Exchange.
Rolls-Royce Launches Ultra-Exclusive Project
Rolls-Royce’s CEO Chris Brownridge reveals how a $5M ultra-limited car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era …
Lagarde Says Early ECB Exit No Option With Clouds on Horizon
President Christine Lagarde said an early exit from the European Central Bank isn’t currently an option for her in the face of the economic crisis …
Lagarde Says Europe’s Economy Has Slipped Below ECB Baseline
President Christine Lagarde said higher energy costs have pushed the euro zone away from the European Central Bank’s base-case outlook, though not enough yet to …
Warsh Fed Chair Hearing Set for Next Week, Tim Scott Says
The Senate Banking Committee will hold a confirmation hearing next week for Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, the panel’s top …
Emerging-Market Assets Rally on Iran War Resolution Bets
Emerging-market stocks leaped Tuesday, with a key equity gauge now close to erasing its losses since the start of the Middle East conflict in late …
China’s Yancoal Buys Australia Mine Stake for Up to $2.4 Billion
Chinese-controlled Yancoal Australia Ltd. agreed to acquire an 80% stake in the Kestrel coking coal mine in Queensland for as much as $2.4 billion.
Iran War Wipes Out Global Oil Demand Growth This Year
Global oil demand will decline this year for the first time since the 2020 pandemic as a price surge caused by the Middle East conflict …
UK’s Intertek Mulls Breakup to Lift Product Testing Firm’s Value
Intertek Group Plc shares surged after the product testing firm said it’s exploring a breakup aimed at boosting its value.
Malaysia’s Fuel Subsidy Bill Swells to $1.8 Billion in April
Malaysia’s government expects to spend about 7 billion ringgit ($1.8 billion) on fuel subsidies in April, roughly ten times more than what it was paying …
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