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Crypto Breaking News

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Bloomberg

ECB Could Hike in June If Hormuz Reopens, Goldman Says

Simon Dangoor, deputy CIO of fixed income at Goldman Sachs Asset Management, looks ahead to this week's interest-rate decisions, saying that a reopening of the Strait of Hormuz will present policymakers with a markedly different set of risks by the time they next meet in June. Dangoor speaks on Bloomberg Television.

Read more: ECB Could Hike in June If Hormuz Reopens, Goldman Says
Bloomberg

Wall Street Split on Quantum Computing Bet

Experts say quantum computing can reshape areas ranging from new drug discovery to machine learning and risk modeling in finance. But it's also thought to be still years away from offering many practical solutions. As a breakthrough proves elusive in the quest to deploy the nascent technology and boost earnings, global finance is divided on how to proceed. Bloomberg's William Shaw reports.

Read more: Wall Street Split on Quantum Computing Bet
Bloomberg

BlueBay CIO Says Markets Appear Complacent to War Impact

Mark Dowding, chief investment officer for fixed income at RBC BlueBay Asset Management, says markets appear to be complacent about the economic fallout from the Iran war. "It has the echoes of what we saw in the run-up to Covid actually landing on our shores," Dowding tells Bloomberg Television. "It was only when it disrupted our lives that it really had a greater disruption in financial markets. And I do worry that something similar like that could be true here."

Read more: BlueBay CIO Says Markets Appear Complacent to War Impact
Bloomberg

Malik: UAE-US FX Swap a Backstop for Worst Case Scenario

The UAE's enquiry about a currency swap with the US is more about taking out an insurance policy rather than a sign of a fiscal crisis. That's according to Hasnain Malik, Managing Director for Emerging Market Equity & Geopolitical Strategy at Tellimer who spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the UAE's potential lifeline in case the Strait of Hormuz remains closed for longer.

Read more: Malik: UAE-US FX Swap a Backstop for Worst Case Scenario
Bloomberg

Why DeepSeek V4 Impresses Despite Lack of 'Wow' Factor

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.

Read more: Why DeepSeek V4 Impresses Despite Lack of 'Wow' Factor
Bloomberg

S.Korea Trade Minister on Trade, Supply Chain (Correct)

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)

Read more: S.Korea Trade Minister on Trade, Supply Chain (Correct)
Bloomberg

S.Korea Trade Minister on Trade, Supply-chain expansion

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

Read more: S.Korea Trade Minister on Trade, Supply-chain expansion