Mixed Big Tech Earnings, Powell Says He'll Stay at Fed as Governor

US equity futures rose, reversing earlier declines, helped along by late-market gains in Alphabet Inc. and Amazon.com Inc. Meanwhile, Meta Platforms Inc. shares slid in post-market trading alongside Microsoft Corp., keeping alive lingering concerns over artificial intelligence spending. We heard fr…

UAE Quits OPEC as War Upends Oil Markets, TDK Earnings

The United Arab Emirates will leave OPEC next month, in a significant blow to the group that raises questions about its future at a time when the industry is grappling with the massive supply disruption caused by the Iran war. We heard from Hartmut Issel, UBS Wealth Management Head of APAC Equities…

Bank of America's Bernard Mensah on Business Plan, Asia Stocks Higher

In Singapore, business leaders are gathering in Singapore today for a Bank of America conference focused on technology. Front and center are the fallout from the Iran war and where AI investments are headed. Bernard Mensah, President of International for Bank of America spoke to Bloomberg's Haslind…

Stocks Rise on Iran Plan Report, South Korean Trade Minister Yeo Han-koo

Crude oil pared gains and Asian stocks extended advances after a report said Iran offered the US a new proposal to reopen the Strait of Hormuz, lifting sentiment after efforts to restart talks stalled. We spoke about the markets with Jasmine Duan, Senior Investment Strategist at RBC Wealth Manageme…

Stocks Fluctuate, SK Hynix Record Profit Quarter

Business and finance news from the Asia-Pacific. Stocks and crude oil swung at the open in a nervous start to trading in Asia, as lingering concerns about the war in Iran clashed with strong corporate earnings that are helping steady investor sentiment. We spoke to Mark Cranfield, Bloomberg's MLIV…

President Trump Extends Iran Truce

Business and finance news from the Asia-Pacific. US equity-index futures climbed and the dollar edged lower after President Donald Trump said he would extend the ceasefire with Iran, spurring cautious optimism among investors. For more on the markets, we spoke to Paul Dobson, Bloomberg's Executive…

Investors Focus on Iran Talks, Apple Names a New CEO

Business and finance news from the Asia-Pacific. Asian stocks edged higher as signs Iran may join talks with the US fostered cautious optimism about progress in the Middle East ahead of a looming ceasefire deadline. Oil dropped. We spoke to Patrick Kennedy, Founder & Managing Partner, AllSource In…

Investors Await US-Iran Truce Extension News

Business and finance news from the Asia-Pacific. Asian stocks fell as investors lightened their positions ahead of the weekend while awaiting progress on extending the US-Iran ceasefire, after a rally driven by expectations the truce would be prolonged. We spoke to Winnie Hsu, Bloomberg's Asia Equ…

Asian Stocks Rise, US Hits Record on Iran Talks Hopes

Business and finance news from the Asia-Pacific. Asian stocks tracked Wall Street higher as optimism around a potential US-Iran ceasefire and robust corporate earnings buoyed sentiment. The MSCI Asia Pacific Index opened 0.4% higher on Thursday as traders bet a de-escalation of the Middle East con…

US Blockade of Hormuz Impact on Supply, US-Iran Seek More Talks, More

Business and finance news from the Asia-Pacific. The US is pressing ahead with a naval blockade of the Strait of Hormuz to curb Iran's oil exports, with more than 20 commercial ships transiting the strait in the last day. For more on what this means for the supply chain, we heard from Steve Hochma…