The Health Ministry has been working closely with other government agencies, including the National Security Council, to enhance Taiwan’s medical preparedness for emergencies, Deputy Health Minister Lin Ching-yi told Bloomberg News. Strengthening domestic production capacity for key medical supplies, including blood bags, is a part of the strategy, she said, as was ensuring that imports […]
Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Local equities are looking up, with Nifty futures pointing to a positive start. However, the mood’s still cautious with no signs of a let up in Israel-Iran conflict. Oil’s still a key focus for traders, given the conflict’s impact on India, a major energy […]
“Prices are still very close to the record, and given the geopolitical situation any further escalation will push them higher,” said John Feeney, an analyst at Guardian Gold Australia. “Gold has performed very well as a haven recently, and it seems a lot of investors are moving funds out of US bonds and into the […]
That type of action may draw the US, the world’s most powerful military, into the conflict, something Tehran has probably calculated it can’t afford, according to Bloomberg Economics analysts. That’s partly because the Iranian economy is already weak, with inflation at almost 40%, and public frustration with the government is high.
It’s unclear if Tehran is entertaining last-resort options — such as attacking tankers in the Strait of Hormuz, through which Middle East producers ship about a fifth of the world’s daily output. That type of action may draw the US, the world’s most powerful military, into the conflict, a risk Tehran has calculated that it […]
The money manager has been gradually cutting its high-yield bonds and other sub-investment-grade debt over the past two years, Jeffrey Gundlach, chief executive officer, said at the Bloomberg Global Credit Forum in Los Angeles this week. There are myriad risks, including inflation and tariffs, and investors aren’t getting paid for them, he said.
“Given that the strikes appear to have been directed more at the Iranian military general staff, including the head of the IRGC and senior nuclear scientists, and that the US was not involved, that suggests that what we saw today was more of a pre-emptive strike and less of a sustained military conflict,” said Robert […]
Israel closed its airspace until further notice, while Iran halted operations at its main airport in Tehran. The two states, along with neighboring countries including Iraq, have restricted and re-opened their airspaces several times since Oct. 7, 2023, when a Hamas attack on Israel sparked a wider regional conflict.
Israel conducted an air strike on the country, with Defense Minister Israel Katz calling it a “preemptive strike.” The tension weighed on markets: Oil surged, Asian stocks and US equity futures fell, and the dollar reversed earlier losses as traders dumped risk currencies.
China Huadian Corp., one of the country’s biggest power generators, expects total imports to slide to about 400 million tons this year, from the record 543 million tons purchased in 2024, according to Zhang Aipei, deputy director of production. Purer, high-calorie grades should be enough to fill any seasonal or regional gaps in supply, he […]