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Stocks advanced and oil pared gains following a report that Iran offered the US a proposal to reopen the Strait of Hormuz, easing concern that efforts to restart peace talks had stalled. Bloomberg's Stuart Livingstone-Wallace and Stephen Stapczynski have the latest.

Amova Asset Management's Naomi Fink tells Bloomberg Television that the "markets are pricing in a sooner rather than later end to the hostilities" in the Middle East.

China has been closing the gap with the US in biotech and pharmaceutical research, with the proportion of studies being conducted by Chinese scientists increasing. Rebecca Liang, a senior analyst focusing on the industry at Bernstein, explains how China's biotech and healthcare sector has been developing so quickly.

China's DeepSeek has rolled out preview versions of a new flagship artificial intelligence model, calling it its most powerful open-source platform. Bloomberg Intelligence's Robert Lea explains how the Chinese flagship system is hampered in some areas by a lack of access to Nvidia tech but playing to its strengths in others.

Yeo Han-koo, South Korean Trade Minister, says South Korea has moved into the commercial viability review stage for its trade agreement with the US. He says the country is also looking for new partners for trade, in a bid to diversify supply chains amid ongoing disruptions from the Middle East. He speaks with Shery Ahn on "Bloomberg: The Asia Trade." (This version corrects the spelling of the Kospi index)

South Korea's stock markets are showing strong gains in the Asia session, with the COSPI index up about 1%, led by technology companies such as Samsung and SK Hynix, which constitute around 40% of the index. The COSPI has surged over 150% in the past year, outperforming many global markets, particularly due to the AI boom. South Korea's trade minister, Yeo Han-Koo, discussed the country's robust export performance despite global headwinds including rising protectionism, energy supply disruptions, and geopolitical tensions such as the ongoing war in Iran. The minister highlighted the pivotal role of AI-driven exports in sustaining South Korea's economic growth while emphasizing the need to diversify markets and supply chains to mitigate risks. Original filename: 20260427_014301_South_Korea_s_AI_Driven_Export_Boom_Fuels_Market_Gains_Amid_.mp4

Mark Seeger, Founder & Co-CEO of robocar startup Glydways, discusses the company's plans to raise another $250 million in funding, that could take the company to unicorn status. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".

Maybank Asset Management's Rachana Mehta says that investors buying five to six year bonds can still get positive returns this year "just from a carry perspective."

Wendy Cutler, VP at the Asia Society Policy Institute, previews the trade stakes and potential bargains that are likely to play out during the May Trump-Xi summit in Beijing.

Legacy foreign automakers once held the keys to China's car market, but the 2026 Beijing Auto Show reveals a dramatic power shift. From onboard cinemas to built-in toilets, domestic EV makers are winning over consumers with rapid-fire tech innovation and aggressive pricing. From the show floor in Beijing, Bloomberg's Stephen Engle finds that as Western brands scramble to partner with local rivals to survive, China is now firmly in the driver's seat.

Rep. Don Beyer (D-Virginia) talks to "Bloomberg This Weekend" about his concerns following the shooting at the White House Correspondents' Dinner and the redistricting vote in Virginia that could tilt the balance in the Midterm elections.

Rep. Michael McCaul (R-Texas) shares his experience with David Gura and Christina Ruffini as a guest at the White House Correspondents' Dinner, where shots were fired outside the ballroom. He tells "Bloomberg This Weekend" what needs to be done to tone down political rhetoric following another shooting targeting President Trump.