Japan’s Nikkei Slumps as Tech Selloff, Iran Tensions DeepenNew!!
Japanese stocks fell by the most since March as AI shares retreated from their highs amid rising expectations that the Federal Reserve will keep rates higher for longer following strong US jobs data.
Oil Jumps as Israel Retaliates Against Iran After Missile AttackNew!!
Oil surged after Israel said it struck military targets in Iran, threatening a fragile ceasefire in the Middle East as talks to end the war falter.
Strong Quake Strikes South Philippines; Tsunami Waves PossibleNew!!
A strong earthquake struck the southern Philippine island of Mindanao on Monday, triggering tsunami warnings, damaging buildings and prompting evacuations on the first day of school.
Stocks Drop on Tech Selloff, Oil Rises on Iran: Markets WrapNew!!
Stocks retreated as a selloff in technology shares gathered pace and robust US jobs data boosted bets on Federal Reserve interest-rate hikes. Oil climbed and bonds dropped as tensions flared in the Middle East.
Goldman’s Moe on the Slump in South Korea StocksNew!!
Timothy Moe, Goldman Sachs chief APAC regional equity strategist, says he expects South Korean stocks to bounce back after the drop that triggered a circuit breaker. He speaks with with Haidi Stroud-Watts and Shery Ahn on Bloomberg. (Source: Bloomberg)
Korean Stocks Tumble as AI Trades Unwind, Threatening Bull RunNew!!
South Korean stocks plunged, imperiling the world’s biggest rally, as investors pulled back from artificial intelligence bets that have fueled the bull market in global equities.
Korea Unveils Measures to Stem Won Slide, Curb SpeculationNew!!
South Korea unveiled targeted steps to support the won after it fell to the weakest level since 2009, pledging firm action against speculative trading and other activities seen as amplifying recent volatility.
Iran Fires Missiles at Israel as Trump Defends CeasefireNew!!
Iran fired several rounds of missiles toward Israel, as President Donald Trump pushed to preserve a faltering ceasefire in the US’s 100-day conflict with Tehran. Bloomberg's Laura Davison breaks down the latest developments. (Source: Bloomberg)
Japan’s Growth Holds Up Despite Drop in Business InvestmentNew!!
Japan’s economy grew at a still solid pace at the start of the year even after the turbulence in Iran prompted businesses to cut investment.
Gold Holds Decline as Iran Attacks Threaten Mideast CeasefireNew!!
Gold held a loss after Iran fired several rounds of missiles toward Israel, jeopardizing efforts to end the Middle East war that’s upended global markets.