Stocks Suffering More Than Some Think: 3-Minutes MLIV
Tom Mackenzie, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Every story in this category, newest first.
Tom Mackenzie, Lizzy Burden and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Iran set a massive natural gas field in the United Arab Emirates ablaze as it steps up attacks on key energy sites. The drone attack on the Shah field, close to the border with Saudi Arabia, marks the first time Iran has damaged an oil or gas upstream facility in the country during the war. Bloomberg's Joumanna Bercetche reports.
Commerzbank Chief Executive Officer Bettina Orlopp speaks on Bloomberg Television following Monday's 35 billion ($40 billion) bid from UniCredit. Orlopp tells Bloomberg's Anna Edwards UniCredit's offer was a "surprise" and it is a "very low price." She adds Commerzbank will focus on its own strategy as it is currently thinking about accelerating profitability.
US President Donald Trump has reiterated his appeals for other nations to help secure the Strait of Hormuz, saying Iran was nearly obliterated even as the war continues to roil oil markets and global shipping. Torbjorn Soltvedt, Principal Middle East analyst at Verisk Maplecroft spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the war & its impact on the Middle East.
The Reserve Bank of Australia raised its key interest rate for a second straight meeting on Tuesday. The central bank's nine-member policy committee split five-to-four in favor of raising the cash rate to 4.1% from 3.85% in its first back-to-back hike since mid-2023. Bloomberg's Mark Cranfield breaks down the situation.
Philippine Stock Exchange President & CEO Ramon Monzon sees several 'mega-IPOs' in the pipeline, as it seeks to deepen the country's capital market. He speaks with Haslinda Amin from the sidelines of 'InvestPH 2026'.
Chinese carmaker Leapmotor says it has no plans to hike prices this year, despite rising input costs. The company posted its first annual profit on strong vehicle sales as it expands its partnership with Stellantis. Co-President Michael Wu spoke exclusively on "Bloomberg: The China Show".
President Donald Trump has requested a delay to his summit with Chinese leader Xi Jinping for about a month, saying it was important for him to remain in Washington to oversee the Iran war. Bloomberg's Stephen Engle reports.
Rebecca Babin, CIBC Private Wealth Group Senior Energy Trader, says oil traders are struggling to make accurate forecasts on oil supply as key infrastructure in the Gulf continues to be targeted by by Iran.
Playnance has launched GCOIN staking on its PlayW3 platform, with more than 250 million tokens locked within hours as users rushed to participate ahead of the token generation event.
WhiteBIT has been selected to join Ghana’s crypto regulatory sandbox, marking a key step in the exchange’s expansion into Africa’s rapidly growing digital asset market.
Pi Network is trading in the low-$0.20 range with subdued liquidity and a large base of holders still deeply underwater, as macro pressures and token unlocks converge on its near-term outlook.
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