Asian equities rebounded as markets regained composure following a surge in volatility sparked by the Middle East conflict. Ayesha Tariq, Macrovisor Co-Founder spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche from Dhaka where she says they only have energy stockpiles to last 2 weeks.
China's government has told the country's largest oil refiners to suspend exports of diesel and gasoline as the escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world's largest producing regions. Bloomberg's Will Kennedy explains.
A rare US torpedo strike on an Iranian warship near Sri Lanka has raised difficult questions for India. The vessel had just taken part in a major Indian naval review, leaving New Delhi uncertain about whether Washington coordinated its plans and how to manage the diplomatic fallout. Bloomberg's Executive Editor for Asia Economy and Government, Daniel Ten Kate, explains the implications for Prime Minister Narendra Modi as India balances its ties with the United States, Iran and other key partners on Insight with Haslinda Amin.
The conflict in the Middle East is causing logistical and financial troubles to the aviation industry. The number of cancelled flights to Middle East hubs surpassed 23,000 since fighting began last weekend. Thousands of passengers have been stranded in the Gulf region, forcing many to take circuitous, expensive routes to reach functioning airports in Saudi Arabia and Oman. Bloomberg's Leen Al-Rashdan breaks down the situation.
US President Donald Trump expressed confidence in the US military campaign against Iran even as the duration of military operations remains uncertain. But former Secretary of State Antony Blinken says real change in Iran will require a sustained military focus in the Middle East that could wear down US weapons stockpiles. Mark MacCarley, retired Major General in the US Army and Managing Attorney, MacCarley and Rosen spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche on the likely duration and cost of such wars.
At least 3 LNG tankers diverted towards Asia on their way to Europe as Middle East turmoil spurred competition for the fuel, while freight rates set fresh records and added to market volatility. Earlier, Asia became a more profitable destination than Europe following a price rally sparked by Qatar's decision to halt production at the world's biggest LNG plant. Rashid Al-Mohanadi, Nonresident Fellow at the Middle East Council on Global Affairs spoke to Bloomberg's Horizons Middle East & Africa anchor Joumanna Bercetche.
The Chinese government is prioritizing stability this year amid geopolitical shocks that threaten the global economy, former PBOC adviser and Tsinghua University Director David Li Daokui told Bloomberg's The China Show. China has set a growth target of 4.5%-5% for 2026, its most modest in more than three decades.
Rio Tinto (ASX:RIO) has signed a memorandum of understanding with CATL, the world’s largest lithium-ion battery manufacturer.
Felix Group (ASX:FLX) announced the appointment of Chris Atkin as its new CEO, effective April 1.
Embattled fertility giant Monash IVF Group (ASX:MVF) has reached an out-of-court settlement with families affected by two high-profile embryo mix-ups at its clinics in Brisbane and Melbourne.
Belararox (ASX:BRX) announced a restructuring of its executive team, headlined by the appointment of Will Dix as CEO, effective April 1.
Prairie Lithium (ASX:PL9) announced that construction of its flagship commercial lithium facility is now in full swing.
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