Aggregated from 40+ premium financial sources. Click any article to read and translate on Stonkistan.
Digital lender K Bank Co. is set to make its trading debut in Seoul, entering a market shaken by its worst crash in history.
As US stocks began paring back their deepest losses on Tuesday, it looked as if traders were once again starting to bet that President Donald Trump would find a way to contain the fallout from another crisis of his own making. But Wall Street strategists are warning against relying on a so-called Trump put when it comes to the Iran war. The US-Israeli attack on Iran has destabilized the Middle East and threatens to deliver a new inflationary shock to the US economy by pushing up oil prices. There’s also no clear sense of when or how it will end, raising the prospect of prolonged conflict and unforeseen consequences beyond the White House’s control. Alli McCartney, Managing Director of Wealth Management with Alignment Partners at UBS, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
The Philippines’ inflation rate rose to the fastest pace in over a year in February, putting the Southeast Asian economy in a delicate position ahead of the expected surge in prices of goods in the wake of the war in Iran.
Ireland nominated Gabriel Makhlouf for a second term as head of the central bank.
Philip Lane says extended conflict and disruption to energy supplies could also lead to ‘sharp’ drop in Eurozone output
Turkey’s central bank is set to hit the pause button on interest-rate cuts in March as a spike in energy costs amid the conflict in Iran threatens the country’s disinflation efforts, according to traders and some economists.
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Food price inflation in the UK rebounded last month as shoppers splashed out on pricier meal deals for at-home celebrations.
Nidec Corp. may book ¥250 billion ($1.6 billion) in impairment charges as it begins tallying the cost of an accounting scandal that’s forced a leadership exodus and reportedly sparked an investigation from Japan’s securities commission.
Greggs Plc reported a slump in profit last year as the British high street bakery chain battles weak consumer sentiment.
Iran’s war has entered day 4 with multiple strikes across the Gulf nations & attacks on various US Embassies. President Donald Trump said the US will hit back, but it remains unlikely he will put boots on the ground. This comes as the UAE and Qatar privately lobby allies to help persuade the President to reach for an off-ramp that would keep US military operations against Iran short. Barbara Leaf, Former United States Assistant Secretary of State for Near Eastern Affairs and Former US Ambassador to the UAE spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the likely end of the escalation. (Source: Bloomberg)
Two months into the year, the S&P 500 Index has gone nowhere. That’s not a huge knock, given the shocks markets have endured, from geopolitical unrest to AI disruption threats.
Japanese power futures jumped after the escalating conflict in the Middle East spurred traders to hedge against rising energy costs.
Galp Co-CEO and CFO Maria Joao Carioca on the uncertainty from the conflict in the Middle East and the company's latest results. She speaks with Bloomberg's Anna Edwards, Tom Mackenzie and Lizzy Burden on 'The Opening Trade'. This interview occurred on Monday, March 2. (Source: Bloomberg)
Asia-based traders of dry sulfur are rushing to substitute supplies stranded in the Middle East as an intensifying regional conflict threatens access to the chemical used in fertilizer and nickel processing.
Themos Fiotakis, Barclays’ FX strategy and emerging markets macro strategy global head, says markets have not fully priced in the implications of a possible closure of the Strait of Hormuz of more than a couple of weeks. “I don’t think we’re priced yet either in terms of commodity prices or in terms of the implications of higher commodity prices,” he tells Bloomberg Television. Fiotakis also discusses inflation worries amid continuing conflict in the Middle East.
Euro-area inflation unexpectedly quickened, backing the European Central Bank’s caution on interest rates, particularly as the war in Iran sends energy prices surging.
Economists say Iran conflict was ‘already casting its shadow’ as tensions had pushed up oil prices last month
Iraq has halted oil exports from its semi-autonomous Kurdistan region to the port of Ceyhan in Turkey, according to people with direct knowledge of the situation.
Indian liquefied natural gas buyers are starting to cut supply to industrial customers in anticipation of shortages after Qatar halted the world’s largest export facility.
Prices for European natural gas jumped more than 40% to the highest since 2023 amid the shutdown at the world’s largest LNG export plant in Qatar. Will Kennedy reports on Bloomberg Television. (Source: Bloomberg)
Egypt’s pound briefly weakened past the milestone of 50 per dollar before paring some losses, signaling investors’ fears over the prospect of a prolonged conflict in the Middle East.
Interest-rate traders moved to price in a chance of a South African interest-rate hike later this month as the Iran conflict pushed oil prices higher, reviving concerns about inflation.