Bloomberg
Bloomberg
Page 2 - Bloomberg/reuters
Gold wavers near $5,000 as West Asia war fuels market uncertainty
Gold steadied after dropping for a second straight week, under pressure from rising energy prices and inflationary concerns arising from the US-Israeli war with Iran
 "Gold wavers near $5,000 as West Asia war fuels market uncertainty")
Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia
The West Asia accounts for some 9 per cent of the world's aluminum output, and Alba's cuts add to other reductions that have stoked supply fears
 "Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia")
Honda's costly EV gamble raises questions about automaker's future
Long known for spunky and innovative vehicles, Honda has had trouble in recent years living up to that reputation, nowhere is that more the case than in the US, by far its largest revenue generator
 "Honda's costly EV gamble raises questions about automaker's future")
China economy shows surprise rebound before West Asia war disruptions
Industrial production climbed 6.3% in the January-February period from a year ago, its fastest growth since September and up from 5.2% in December
 "China economy shows surprise rebound before West Asia war disruptions")
India walks diplomatic tightrope between Iran and US as war bites economy
India's Brics presidency faces an early challenge as Iran seeks condemnation of US-Israel strikes, while fellow members Saudi Arabia and the UAE, targets of Iranian attacks, complicate consensus
 "India walks diplomatic tightrope between Iran and US as war bites economy")
Oil market set for tumultuous week on rising West Asia conflict risks
Asian nations seeking US energy to reduce reliance on West Asia
 "Oil market set for tumultuous week on rising West Asia conflict risks")
Trump rejects deal with Iran on current terms as West Asia war escalates
Trump also called on other countries to send warships to keep open the waterway through which about a fifth of the world's oil exports flow
 "Trump rejects deal with Iran on current terms as West Asia war escalates")
From Fed to BOJ, global central banks brace for fallout from Iran war
Interest-rate bets that fully anticipated easing in the US have eroded, while possible hikes in the UK and euro zone later in the year are now being priced in
 "From Fed to BOJ, global central banks brace for fallout from Iran war")
JPMorgan moves to offload over $30 bn in LBO debt amid market jitters
JPMorgan Chase & Co. is gearing up to help issuers sell billions of dollars in junk bonds and leveraged loans, with deals to fund the buyouts of Electronic Arts Inc and Sealed Air Corp
 "JPMorgan moves to offload over $30 bn in LBO debt amid market jitters")
War pollution from Iran conflict may spread widely and last decades
Missiles and bombs contain heavy metals and other toxic pollutants, which are released into the air, soil and water when they explode and crash, lingering often for decades
 "War pollution from Iran conflict may spread widely and last decades")
Stock trader's guide to navigating supply disruption amid Iran war
Here's a look at some of the sectors under increased investor scrutiny as the broader consequences of the war unfold
 "Stock trader's guide to navigating supply disruption amid Iran war")
Two LPG tankers head for India after crossing embattled Strait of Hormuz
The ships were granted safe transit through the strait, which has been all but closed for nearly two weeks, after a deal between New Delhi and Tehran
 "Two LPG tankers head for India after crossing embattled Strait of Hormuz")
Iran repeats retaliation threat after US hits Kharg Island military
Fars News Agency reported that more than 15 explosions shook the island, sending thick pillars of smoke into the sky
 "Iran repeats retaliation threat after US hits Kharg Island military")
US strike on Iran's Kharg Island risks further disruptions to oil supply
With Kharg Island handling most of Iran's crude exports, any disruption could intensify oil market volatility already driven by supply losses through the Strait of Hormuz
 "US strike on Iran's Kharg Island risks further disruptions to oil supply")
US withdraws draft rule that called for permits for global AI chip exports
The now-abandoned Trump administration proposal would have carved out a significant role for the Commerce Department's licensing office to conduct case-by-case reviews of AI chip exports
 "US withdraws draft rule that called for permits for global AI chip exports")
Trump ally Pirro's defiant streak on display in case against Fed's Powell
US Attorney Jeanine Pirro vowed to appeal a ruling blocking subpoenas tied to Fed Chair Jerome Powell, despite fears a prolonged legal fight could delay confirmation of Kevin Warsh as Fed chief
 "Trump ally Pirro's defiant streak on display in case against Fed's Powell")
US begins emergency oil reserve release of 86 mn barrels amid W Asia crisis
The release is part of a 400 million barrel effort coordinated with other nations aimed at prices that have climbed dramatically since the US-Israel invasion of Iran
 "US begins emergency oil reserve release of 86 mn barrels amid W Asia crisis")
US slated to receive $10 billion fee from investors for TikTok deal
The new entity, known as TikTok USDS Joint Venture LLC, will be responsible for moderating content on TikTok and protecting the data of US users
 "US slated to receive $10 billion fee from investors for TikTok deal")
US judge blocks subpoenas targeting Fed chair Powell; DOJ plans to appeal
US judge James Boasberg blocked subpoenas targeting Fed Chair Jerome Powell over HQ renovations, citing no evidence and an improper retaliatory motive
 "US judge blocks subpoenas targeting Fed chair Powell; DOJ plans to appeal")
US bombs military targets on Iran's Kharg Island as war escalates
Trump said American forces executed one of the most powerful bombing raids in the History of the West Asia, including destroying military targets on Kharg Island
 "US bombs military targets on Iran's Kharg Island as war escalates")