Bloomberg MLIV strategist Mark Cranfield discusses the relief rally in markets after the US-Iran ceasefire agreement and why there's still a "high" risk of a reversal. (Source: Bloomberg)
Bloomberg MLIV strategist Mark Cranfield discusses the relief rally in markets after the US-Iran ceasefire agreement and why there's still a "high" risk of a reversal. (Source: Bloomberg)
Chuck Schumer attacks president’s ‘ridiculous bluster’ while Republicans cast decision as shrewd tactical move US and Iran agree to provisional ceasefire Middle East crisis – live updates Political leaders and many Americans breathed a sigh of relief on Tuesday evening, after Donald Trump announced a provisional ceasefire deal following threats to destroy Iran’s “whole civilization” if Tehran fail...
Chuck Schumer attacks president’s ‘ridiculous bluster’ while Republicans cast decision as shrewd tactical move US and Iran agree to provisional ceasefire Middle East crisis – live updates Political leaders and many Americans breathed a sigh of relief on Tuesday evening, after Donald Trump announced a provisional ceasefire deal following threats to destroy Iran’s “whole civilization” if Tehran failed to reopen the strait of Hormuz by a self-imposed deadline. The announcement of the agreement, mediated by Pakistan, came roughly 90 minutes before the 8pm ET deadline by which Trump pledged to bomb Iran’s power plants and bridges in a move legal and military scholars said would be considered a war crime. Continue reading...
Donald Trump pauses threat to bomb Iranian infrastructure as Tehran proposes 10-point plan which includes control of strait of Hormuz and withdrawal of all US forces Middle East crisis – live updates Full report: US and Iran agree to provisional ceasefire, with Tehran saying it will reopen strait of Hormuz Donald Trump has pulled back on his threats to launch devastating strikes on Iran , less tha...
Donald Trump pauses threat to bomb Iranian infrastructure as Tehran proposes 10-point plan which includes control of strait of Hormuz and withdrawal of all US forces Middle East crisis – live updates Full report: US and Iran agree to provisional ceasefire, with Tehran saying it will reopen strait of Hormuz Donald Trump has pulled back on his threats to launch devastating strikes on Iran , less than two hours before a deadline he set for Tehran to capitulate or else a “whole civilization will die.” Trump said he was holding off on his threatened attacks on Iranian bridges, power plants and other civilian targets, subject to Tehran agreeing to a two-week ceasefire and reopening the strait of Hormuz, the waterway through which a fifth of the world’s oil is shipped during peacetime. Iran’s Supreme National Security Council said it had conditionally accepted a two-week ceasefire if attacks agains Iran are halted. Iran’s foreign minister said passage through the strait of Hormuz will be allowed for the next two weeks under Iranian military management. Iranian state media said negotiations with the US would be held in Islamabad to finalise details of an agreement , with the aim of “confirming Iran’s battlefield achievements”. Talks will begin on Friday 10 April and may be extended, state media reported. State media also reported that talks with the US do not amount to the end of the war. Pakistan’s prime minister, Shebaz Sharif, announced that Iran, the US and their allies had agreed to an immediate ceasefire everywhere, including Lebanon . Sharif has been a key figure in attempting to reach a diplomatic solution between the two warring parties. In his statement, Sharif invited delegations to Islamabad on “Friday, 10th April 2026, to further negotiate for a conclusive agreement to settle all disputes”. Trump said Iran had proposed a “workable” 10-point peace plan. According to Iranian state media, the proposal includes a number of conditions that the US has in the past rej...
(RTTNews) - The Indonesia stock market has finished lower in three straight sessions, slumping almost 220 points or 2.2 percent along the way. The Jakarta Composite Index now sits just shy of the 6,990-point plateau although it may stop the bleeding on Wednesday.
(RTTNews) - The Indonesia stock market has finished lower in three straight sessions, slumping almost 220 points or 2.2 percent along the way. The Jakarta Composite Index now sits just shy of the 6,990-point plateau although it may stop the bleeding on Wednesday.
South Korean assets surged after President Donald Trump agreed to a two-week ceasefire with Iran, easing fears of prolonged disruptions to global energy supplies and triggering a broad risk-on move. The benchmark Kospi surged as much as 6.2%, leading gains in Asia and extending advance for the fourth straight session. Chip heavyweights Samsung Electronics Co. and SK Hynix Inc. both jumped more tha...
South Korean assets surged after President Donald Trump agreed to a two-week ceasefire with Iran, easing fears of prolonged disruptions to global energy supplies and triggering a broad risk-on move. The benchmark Kospi surged as much as 6.2%, leading gains in Asia and extending advance for the fourth straight session. Chip heavyweights Samsung Electronics Co. and SK Hynix Inc. both jumped more than 9%. A more than 6% jump in Kospi 200 futures also triggered a temporary halt in program trading by the exchange. The South Korean won rose as much as 1.9% against the dollar. The nation’s 10-year bond futures climbed as much as 120 ticks, while the 3-year yields fell to 3.3% as lower oil prices eased inflation pressures and lowered expectations for a Bank of Korea rate hike. The central bank will hold its rate setting meeting Friday. Read: Samsung Beats High Estimates After AI Chip Sales Defy War Fears Wednesday’s advance comes as a sharp drop in oil prices lifted sentiment for one of the region’s most energy-dependent economies, putting investors’ focus back on the artificial intelligence trade and corporate governance reforms. “With geopolitical risks moderating and a fundamental earnings surprise unfolding simultaneously, this moment appears to mark a pivot point where the market transitions from a war-risk-driven discount phase toward a normalization phase,” said Ha SeokKeun , chief investment officer at Eugene Asset Management Co. This can be seen as an indication that the energy shock — previously the main risk to the Korean equity market — now beginning to ease in a significant way, he added. The won is trading at its highest level since March 11, while 10-year bond futures are at their highest since March 19. Both have rebounded to their strongest levels in about a month. The energy shock has pushed South Korea’s government to take increasingly aggressive steps, including a fuel price cap, to shield the economy. Authorities have also signaled contingency plans to ...
Japan’s tougher deportation drive is deepening fear among asylum seekers and long-term foreign residents, rights groups say, warning that the government’s push to remove more undocumented migrants is clashing with its duty to protect refugees. Official figures show a record 318 foreign nationals were forcibly deported from Japan under escort in 2025, up 30 per cent from a year earlier, as authorit...
Japan’s tougher deportation drive is deepening fear among asylum seekers and long-term foreign residents, rights groups say, warning that the government’s push to remove more undocumented migrants is clashing with its duty to protect refugees. Official figures show a record 318 foreign nationals were forcibly deported from Japan under escort in 2025, up 30 per cent from a year earlier, as authorities ramped up the Zero Illegal Foreign Residents Plan (Zero Plan), a government drive launched last...
The Ching Ming Festival, a traditional Chinese festival with a long history, is a time dedicated to paying tribute to deceased family members and ancestors. For me, it is quiet, restrained and deeply personal. There is a rhythm to it: sweeping tombstones, burning incense, offering food and the unspoken conversations that linger in the air. In this context, memory is intimate. It begins with blood ...
The Ching Ming Festival, a traditional Chinese festival with a long history, is a time dedicated to paying tribute to deceased family members and ancestors. For me, it is quiet, restrained and deeply personal. There is a rhythm to it: sweeping tombstones, burning incense, offering food and the unspoken conversations that linger in the air. In this context, memory is intimate. It begins with blood ties and extends backwards through generations. And yet, in the past few years, I have witnessed a...
Brent crude oil dropped to $93 a barrel after US president’s announcement and Iran’s pledge to reopen strait of Hormuz under its management Middle East crisis – live updates Full report: US and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of Hormuz Oil prices plunged by almost 15% after Donald Trump held off on his threat to bomb Iran into the stone ages on Tuesday ...
Brent crude oil dropped to $93 a barrel after US president’s announcement and Iran’s pledge to reopen strait of Hormuz under its management Middle East crisis – live updates Full report: US and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of Hormuz Oil prices plunged by almost 15% after Donald Trump held off on his threat to bomb Iran into the stone ages on Tuesday night, and Iran’s foreign minister said passage through the strait of Hormuz would be allowed for the next two weeks under the management of its military. Posting to Truth Social, with just over an hour until his deadline was due to pass, the US president said he was holding off on threatened attacks on Iran’s bridges, power plants and other civilian targets, subject to Tehran agreeing to a two-week ceasefire and reopening of the strait of Hormuz. Continue reading...
(RTTNews) - Universal Music Group N.V. (UMG.AS, UNVGY, UMGNF), the Dutch-American music-based entertainment company, confirmed that it has received an unsolicited and non-binding proposal from Pershing Square Capital Management, L.P.
(RTTNews) - Universal Music Group N.V. (UMG.AS, UNVGY, UMGNF), the Dutch-American music-based entertainment company, confirmed that it has received an unsolicited and non-binding proposal from Pershing Square Capital Management, L.P.