Bloomberg

Asian stocks plunged the most in nearly a year, led by the biggest South Korean crash since the global financial crisis in 2008. Bloomberg's Avril Hong reports.

Kerry Craig of JPMorgan Asset Management says Asian markets are experiencing continued repositioning by investors. He sees the moves as driven by rotation within portfolios rather than thinking about "a big flight away from risk assets at the moment."

A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil. Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and other vessels through the world's most-critical energy chokepoint. Oil prices waned in post-settlement trading, with Brent trading near $80 a barrel. Don Calcagni, Chief Investment Officer at Mercer Advisors, joins Bloomberg Businessweek Daily to discuss. Calcagni also speaks about investment strategy amid a volatile backdrop. He speaks with Carol Massar and Tim Stenovec from the Bloomberg Invest conference in New York City.

Ariel Investments Founder, Chairman & Co-CEO, John W. Rogers, Jr. discusses his value-driven investment approach and what's attractive in today's market with Bloomberg's Norah Mulinda at Bloomberg Invest 2026 in New York.

The Iran war is sending shock waves through the global aluminum industry, with manufacturers facing a spike in prices and traders expecting widespread suspensions of supply contracts unless flows through the Strait of Hormuz resume quickly. Aluminum is the most ubiquitous industrial metal after steel, but in recent years the market has been periodically rocked by supply shocks that have exposed fragilities in the complex network of bauxite mines, alumina refineries and aluminum smelters that supply to manufacturers around the world often in highly specialized forms that can't readily be replaced. Timna Tanners, Managing Director of Equity Research at Wells Fargo Securities, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec from the Bloomberg Invest conference in New York City.

FIFA World Cup 26 NYNJ Host Committee CEO Alex Lasry believes that the New York-New Jersey area is 'more than ready' for the upcoming games, citing an emphasis on four key pillars: security, transportation, fan engagement, & economic impact. He talks with Romaine Bostick and Katie Greifeld on "The Close."

China's leaders are gathering in Beijing for the National People's Congress as economic priorities collide with rising geopolitical risks abroad. Stephen Engle reports from Beijing with a preview of what to watch.

China's leaders are gathering in Beijing for the National People's Congress as economic priorities collide with rising geopolitical risks abroad. Stephen Engle reports from Beijing with a preview of what to watch.

MongoDB shares fell over 20% in Tuesday's session after the database software company gave weaker-than-expected forecasts for full-year revenue and first-quarter adjusted earnings. Its fiscal 2027 sales-growth outlook was below consensus, reviving analyst and investor concern about expansion amid an intensifying product race, and signaling rising competition and slower expansion of customer wallets. The company's recent quarters showed better execution, but 2027's revenue guidance implies year-over-year deceleration. MongoDB President and CEO CJ Desai joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

Council on Foreign Relations Senior Fellow Rebecca Patterson believes that the conflict in the Middle East will leave "no country unaffected" due to its impact on the oil industry, which she believes is the "most global commodity there is." She talks with Romaine Bostick on "The Close."