Bloomberg Nachrichten

 

Australia has canceled much of an inland freight rail project to save money for the upcoming budget, with the center-left government pledging to be “really responsible” in its fiscal program....

Singapore Airlines Ltd. postponed the launch of upgraded first and business class seats on its Airbus SE A350-900 fleet to the first quarter of 2027, the Straits Times reported Tuesday....

President Donald Trump said he would pause a US-led effort to help stranded ships exit the Strait of Hormuz to see if an agreement with Iran to end the war could be finalized. Bloomberg's Derek Wallbank breaks down the developments. (Source: Bloomberg)...

Sydney-listed toll road operator Atlas Arteria Ltd. rejected a takeover bid from its biggest shareholder IFM Investors Pty, saying the bid was too low....

Indonesia tightened rules on dollar purchases to defend the rupiah after it weakened to a record low....

Samsung Electronics Co. has reached a $1 trillion market valuation after booming demand for chips used in artificial intelligence saw the world's largest memory maker's stock more than quadruple over the past year....

A New Mountain Capital private credit fund that sold almost half-a-billion-dollars of assets at a discount earlier this year and used some of the cash to scoop up beaten-down loans says the strategy is already paying off....

Sydney-based fund manager Regal Partners Ltd. is on track to hit A$2 billion ($1.4 billion) in net inflows this year, as conflict in the Middle East spurs demand for investment strategies offering a hedge against inflation....

South Korea's consumer inflation picked up as surging energy costs began to feed more forcefully into the domestic economy, with price gains matching the fastest pace since July 2024....

President Donald Trump will host Brazilian counterpart Luiz Inacio Lula da Silva Thursday, amid tensions over the Iran war and its impact on the global economy....

New Zealand's jobless rate unexpectedly declined in the first quarter as the economy braces for an Iran-war hit that will squeeze company earnings....

Gold was steady after a gain as the US-Iran ceasefire continued to hold despite reports of a cargo vessel being targeted, easing fears of an escalation that would fuel inflation risks....

New Zealand finance companies are attracting a surge of new money as the nation's new deposit insurance levels the playing field with banks, according to the Reserve Bank....

Oaktree Capital Management cut the value of one of its private credit funds by almost 4% as the firm marked down its software assets....

Argentina's credit score was upgraded by Fitch Ratings, signaling growing confidence in President Javier Milei's push to overhaul the economy and secure financing to cover the country's upcoming debt obligations....

Stocks in Asia are set to follow Wall Street higher, while oil steadied after its biggest drop in two weeks, as signs that a ceasefire in the Middle East is holding eased fears of a broader conflict that could threaten the global economy....

Oil held a decline as the US said offensive operations against Iran are over as it shifts to protecting shipping in the Strait of Hormuz, which remains largely closed....

Rivals across the $1.8 trillion private-credit industry are starting to agree on one thing: Stop calling funds “semi-liquid.”...

Prudential Financial Inc.'s first-quarter profit beat Wall Street's expectations, relieving pressure on Chief Executive Officer Andy Sullivan as he contends with a sales pause in one of its biggest markets....

Compass Inc. shares soared as much as 21% in after-hours trading on Tuesday after the real estate brokerage company forecast stronger-than-expected quarterly revenue....