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Goldman Sachs Group says its private credit fund narrowly escaped a broader exodus due to its reliance on institutional investors. Goldman Sachs Private Credit, which manages a so-called non-traded business development company, met redemption requests in the first quarter amounting to 4.999% of its outstanding shares. That contrasts with peers including Blue Owl Capital that saw redemption requests dramatically higher than an industry-wide 5% limit. Bloomberg's Neil Callanan breaks down the situation.

Anna Edwards, Guy Johnson and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

UBS Chief Strategist Bhanu Baweja discusses the impact of the ongoing conflict in the Middle East and geopolitical uncertainty on markets. Speaking on Bloomberg Television, Baweja says "fixed income is where there's some value emerging" but it is "time to play defense" in equity markets. "This is not a time to be in deep cyclicals because even if you get some resolution, temporary resolution in the conflict, it's not clear where oil prices are going to settle," he adds.

Pershing Square has proposed a combination with Universal Music that would move the listing into a US-based acquisition vehicle. Bill Ackman's fund said the deal will value the world's biggest music label at a 78% premium to its last closing price. Bloomberg's Neil Campling reports.

Crystol Energy CEO Carole Nakhle says US President Donald Trump's threat to escalate the war against Iran adds more uncertainty and volatility to oil in an "already-stressed market." She speaks on Bloomberg Television.

President Donald Trump insisted that freedom of navigation through the Strait of Hormuz be part of any deal to end the war in the Middle East. He also escalated threats to obliterate key Iranian infrastructure if his terms aren't met before his deadline. Karen Young, Senior Research Scholar at the Center on Global Energy Policy, Columbia University spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the impact of the crisis on oil and economies.

President Donald Trump ramped up his threats ahead of a deadline he's imposed for Iran to re-open the Strait of Hormuz or face further attacks on civilian infrastructure. Meanwhile Tehran rejected a ceasefire proposal. Neil Quilliam, Associate Fellow Middle East & North Africa Programme at Chatham House spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the Gulf nation's response to the war.

NASA's four Artemis astronauts swung behind the moon and are headed home, in a journey that shattered space travel distance records and brought people the closest they've been to the lunar surface in more than 50 years. Bloomberg's Danny Lee has the latest.

Oxford Economics says Australia's economy could face its sharpest recession since the early 1990's, outside of the pandemic, if the Iran war extends and continues to disrupt supply chains. Australia economist Harry McAuley discusses the outlook on "Bloomberg: The Asia Trade."

Singapore's Foreign Affairs Minister Vivian Balakrishnan warned the economic fallout from the war in Iran could worsen and markets are yet to factor in the worst-case scenario.

Analysts say the war in Iran is presenting China with an opportunity to cast itself as a more stable and reliable partner than the US for Asian countries. Enze Han, associate professor at the University of Hong Kong's Department of Politics and Public Administration, and political scientist and columnist Richard Heydarian weigh in on Bloomberg's "The China Show."

Bloomberg's Joumanna Bercetche and Stephen Stapczynski analyze the chances of a possible truce as Trump's deadline for a major escalation in Iran approaches.