Bloomberg

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

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

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

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

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

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

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 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

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

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 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 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 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

Fuel shortages caused by Iran war begin to threaten global food supply

Farmers worldwide face fuel shortages that threaten diesel-powered planting, irrigation and fishing, as energy supply shocks from the Iran war risk pushing up food costs and global inflation

China approves first brain-computer interface product for commercial use

The firm is among a wave of Chinese startups building technologies that allow people to control computers or other electronic devices using only their minds

Iran's new supreme leader 'wounded, likely disfigured', says Hegseth

"We know the new so-called, not-so-supreme leader is wounded and likely disfigured," Hegseth told a press conference

Iran war spurs work-from-home calls, fuel-saving measures in Southeast Asia

With inflation also accelerating in parts of Southeast Asia, policymakers are acting to rein in consumption as the price surge threatens additional strain

Pak PM pledges 'solidarity, support' to Saudi Arabia amid ongoing Iran war

Pak PM's solidarity pledge came during his Saudi visit, part of Islamabad's efforts to engage Tehran and Jeedah and de-escalate regional tensions

US waiver frees up 19 million barrels of Russia oil for purchase

The crude is being carried on 25 vessels, with grades such as Sokol on ships near China. There's also a number of tankers in the Arabian Sea that are mainly loaded with the medium-sour Urals blend

Japan, Asia-Pacific nations to pledge $30 bn energy, mineral deals with US

The deals will take the form of purchase commitments and other transactions spanning a range of products and sectors, including coal, oil, liquefied natural gas and nuclear power