Jan.05 — Authorities in Australia are counting the costs of the devastating bushfires after one of the worst weekends in the crisis so far. Hundreds of properties were destroyed across the country’s Southeast as the searing temperatures and strong winds fan the flames. Bloomberg’s Ed Johnson reports on “Bloomberg Markets: Asia.” …read more […]
Jan.05 — Michael Every, head of Asia financial markets at Rabobank, discusses his outlook for emerging markets and where he’s finding value. He speaks on “Bloomberg Markets: Asia.” …read more […]
Jan.05 — The fallout from last week’s killing of a top Iranian military commander by the U.S. is widening. Lawmakers in Iraq have voted to expel American troops and Iran says it will no longer abide by the nuclear deal reached with major powers in 2015. Bloomberg’s Derek Wallbank reports on “Bloomberg Markets: Asia.” …read more […]
The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says… …read more […]
Jan.05 — Former Nissan Chairman Carlos Ghosn is said to be holding a news conference in Beirut on Wednesday. Bloomberg’s Angus Whitley reports on “Bloomberg Daybreak: Asia.” …read more […]
A gauge of Asian shares was toppled from an 18-month top on Monday as heightened Middle East tensions sent investors scurrying for the safety of gold, which hit a near seven-year high while oil jumped to four-month peaks. The United States detected a heightened state of alert by Iran’s missile forces, as President Donald Trump warned the U.S. would strike back, “perhaps in a disproportionate manner,” if Iran attacked any American person or target. Oil prices added to their gains on fears any conflict in the region could disrupt global supplies. …read more […]
Oil prices shot more than 2% higher on Monday, with Brent rising above $70 a barrel, after U.S. President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East. The gains extended Friday’s more-than-3% surge after a U.S. air strike in Iraq killed top Iranian commander Qassem Soleimani on Friday. The killing has heightened concerns of a widening Middle East conflict that could disrupt oil supplies from a region that accounts for nearly half of the world’s oil production. …read more […]
Oil prices shot more than 2% higher on Monday, with Brent rising above $70 a barrel, after U.S. President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.
A gauge of Asian shares was toppled from an 18-month top on Monday as heightened Middle East tensions sent investors scurrying for the safety of gold, which hit a near seven-year high while oil jumped to four-month peaks.
The more downbeat reading suggests services companies remain cautious about the outlook for China’s economy despite a flurry of stimulus measures, signs of improvement in the manufacturing sector and a long-awaited U.S.-China trade deal. Beijing has been counting on a strong services sector to cushion a prolonged slowdown in manufacturing and investment and create jobs for workers laid-off in other areas. …read more […]
Fugitive Malaysian financier Low Taek Jho has said he only acted as an intermediary for deals involving 1MDB, denying in an interview published on Monday that he had set the stage for the theft of billions of dollars from the Malaysian state fund.
Jan.05 — President Donald Trump told U.S. lawmakers on Sunday he was prepared to strike Iran “in a disproportionate manner” if the Islamic republic hits any U.S. targets, and that his Twitter posts are sufficient to notify Congress of his intentions. Bloomberg’s Jodi Schneider speaks with Kathleen Hays and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.” …read more […]
Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as escalating tensions in the Middle East fanned worries about disruptions to supplies.
Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as escalating tensions in the Middle East fanned worries about disruptions to supplies. Brent crude futures rose to a high of $69.95 a barrel and were at $69.65 a barrel at 0016 GMT, up $1.05, or 1.5%, from Friday’s settlement. Oil prices jumped more than 3% on Friday after the United States killed a top Iranian commander in an air strike on Baghdad airport. …read more […]
Jan.05 — Sara Vakhshouri, founder and president of SVB Energy International, discusses the implications of the Middle East tensions on the oil market. She speaks on “Bloomberg Daybreak: Asia.” …read more […]
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