Bloomberg News
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Aluminum Heads For 10% Monthly Surge As Iran War Roils Supplies
Aluminium advanced toward $3,500 a ton in London, on course for a monthly gain of 10%. That's the most since April 2024, and bucks a broader downtrend for metals in March.
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Emerging-Market Stocks Erase 2026 Gains On Iran War Shock
The MSCI Asia gauge climbed 15% from the start of the year to its record high on Feb. 27, far outpacing global equities.
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Iran Attacks Kuwaiti Oil Tanker As Trump Expands US Threats
Trump has regularly vacillated between saying a deal with Iran is imminent and warning that he's prepared to increase the military tempo. The threat to water facilities would constitute a war crime as defined by the Geneva Conventions.
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China Targets Offshore Trusts In Tax Crackdown On Ultra-Rich
Authorities in provinces and cities including Jiangsu and Shenzhen have demanded the owners of these trusts report detailed financial information including investment gains from dividends and share disposals
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Dollar Wraps Up Best Month Since 2022 Amid War In Middle East
Global energy price surges and weakened growth forecasts have boosted the dollar as a safe haven, with traders holding over seven billion dollars in bullish derivative bets.
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Oil Turns Lower On Report US May End War Without Strait Of Hormuz Opening
Oil prices fell below $102 after reports that President Trump may end the Iran conflict even if the Strait of Hormuz remains closed, following recent tanker attacks.
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US Stock Futures Rise On Trump War Remarks Report: Markets Wrap
Stocks rose and oil prices fell after reports that President Trump is open to ending the US military campaign against Iran despite the Strait of Hormuz remaining closed.
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Air Canada CEO Quits After Furor Over Crash Condolence Video
Rousseau, 68, will retire by the end of the third quarter.
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Meta Faces $310 Billion Market Value Drop On Legal, AI Concerns
Shares of the Facebook and Instagram parent are down 17% this month, putting them on pace for their worst performance since October 2022.
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Airtel Invests $1 Billion In Nxtra Unit With Carlyle, Anchorage
Nxtra intends to deploy proceeds from the fund infusion to scale its infrastructure and broaden its portfolio of services.
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WTO Talks End With No Deal To Extend E-Commerce Tariff Ban
Without a deal, the prohibition expires at the end of this month. WTO Director-General Ngozi Okonjo-Iweala said some of the unfinished business could continue to be considered at WTO headquarters in Geneva.
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Persian Gulf Ships Show True Locations As Signal Jamming Eases
The reasons behind the improvement could be because Iranian jamming capabilities may have been reduced by US strikes or that the United Arab Emirates has stepped down its interference in light of fewer attacks by Tehran.
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DeepSeek Probes Hours-Long AI Outage After Users Report Errors
DeepSeek's chatbot suffered a major outage of more than seven hours overnight in China, prompting the AI pioneer to deploy several updates to try and fix the issue.
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Japan's Nikkei, Topix Slide As Oil Risk Heightens On Escalating Iran War
The Nikkei 225 Stock Average fell as much as 5.3% and the Topix index was down 4.8% at one point in Tokyo.
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Aluminum Prices Surge 6% After Iran Strikes Plants In UAE, Bahrain
Prices on the London Metal Exchange rose as much as 6% to $3,492 a ton in early trading.
