Alphabet Inc. has sold $25 billion in investment-grade bonds. Generous yield payouts helped the company attract one of the largest order books of the year for AI-related debt. The transaction marks Alphabet’s return to the bond market. It comes as investors remain concerned about the scale of artificial intelligence spending.
B
Bloomberg NewsOriginal★★★☆☆2026-08-07 01:38
Stock in Elon Musk’s space company climbed Thursday. The increase came even as many SpaceX insiders were given an opportunity to sell their shares for the first time. The development puts the company’s rising stock price alongside a new avenue for insider sales.
T
The Associated PressOriginal★★☆☆☆2026-08-07 01:30
Donald Trump has imposed a 15% tariff on a material considered essential to chip production. The measure is intended to counter Chinese producers. Those producers are described as holding a monopoly over global polysilicon production. The tariff therefore targets a strategically important part of the chip-material supply chain.
B
BBC NewsOriginal★★★★☆2026-08-07 00:44
Shares of United Wholesale Mortgage, the biggest mortgage lender in the United States, dropped as much as 49% on Thursday. The move marked the company’s steepest decline ever. It came after the lender reported a net loss of $452 million. The company also suspended its dividend for the first time, intensifying the market reaction.
BBloomberg NewsOriginal★★★☆☆2026-08-07 00:00
Donald Trump says the war cannot continue for much longer. The United States, Iran and Oman are reportedly close to reaching a temporary agreement. The proposed deal would reopen the Strait of Hormuz. The talks therefore center on restoring passage through the strategic waterway.
AAl JazeeraOriginal★★★★☆2026-08-07 00:00
Oil prices continued to rise after reports said Iran attacked what it called “hostile targets” in the Strait of Hormuz. Tehran is seeking an arrangement with Oman that would bar US ships from the strategically important waterway. The reported action and the proposed restriction are adding to pressure on energy markets. The developments center on access through the strait and Iran’s negotiations with Oman.
Iran is seeking to prevent US and Israeli ships from using the Strait of Hormuz, according to local media reports. The proposal is part of a potential agreement with Oman to manage the strategic waterway. It would also require hostile countries to provide compensation before being permitted to use the passage. The reports indicate that negotiations between Iran and Oman are moving forward.
The US Central Command says 49 ships have been redirected after Iran’s naval blockade resumed. The US military also reports that two additional vessels have been put out of action. The statement presents the shipping changes alongside the reported loss of those vessels. No further details are provided about the ships or the circumstances.
Since the Iran war began, Iranian attacks on vessels in the Strait of Hormuz have disrupted shipping. A US blockade of Iranian ports has also slowed the movement of energy exports and other commodities from the Middle East. Finding an alternative route around the strait is therefore far from simple.
An Iranian parliamentary committee is considering a preliminary bill that would prevent U.S. and Israeli vessels from transiting the Strait of Hormuz. The proposal would also cover other ships classified as “hostile.” Iran’s semi-official Fars news agency reported the review, citing a lawmaker. The measure remains at the draft stage as the committee examines it.
A proposed arrangement between Iran and Oman would give Tehran control over ships entering the Gulf through the Strait of Hormuz. Four industry sources said the plan would be difficult for shipping companies to implement. They pointed to U.S. sanctions and restrictive insurance clauses covering any payments as key obstacles to making the deal workable.
U.S. oil producer Occidental Petroleum said it expects both production and capital spending to remain flat in 2027. The company added that reducing debt will continue to be a priority. Its outlook points to no planned expansion in those areas next year, while financial efforts remain centered on lowering its debt burden.
R
ReutersOriginal★★☆☆☆2026-08-06 23:50
Asian stocks were poised for a modest decline on Friday as renewed geopolitical tensions weighed on US equities and bonds. Oil prices surged, bringing inflation worries back to the forefront. Investors are also looking ahead to a key US jobs report. The market moves reflect heightened concern over the latest developments involving Iran.
BBloomberg NewsOriginal★★★★☆2026-08-06 23:30
Lyft exceeded Wall Street expectations for second-quarter revenue on Thursday. The ride-hailing company projected current-quarter gross bookings slightly above forecasts. Growth was supported by demand for higher-value rides, expansion into international markets and partnerships. The results point to continued stability in demand.
RReutersOriginal★★☆☆☆2026-08-06 22:10
Canadian officials met with U.S. Trade Representative Jamieson Greer in Washington on Thursday, according to Dominic LeBlanc, the Canadian minister responsible for trade relations with the United States. LeBlanc described the discussions as a constructive and detailed meeting. The talks concerned trade relations between Canada and the United States.
RReutersOriginal★★★☆☆2026-08-06 21:45
Mexico’s central bank kept its benchmark interest rate at 6.50% on Thursday. The decision extends a pause that began in June. Policymakers also pushed back the expected timeline for inflation to return to its target. The move highlights the difficulty of containing price pressures in Latin America’s second-largest economy.
RReutersOriginal★★★☆☆2026-08-06 21:40
The U.S. Commerce Department said Thursday that it will block exports of tungsten scrap and battery waste. The move forms part of an effort to strengthen the domestic recycling industry. It is also intended to support production of critical minerals. The policy seeks to increase the supply of minerals available within the United States.
RReutersOriginal★★★☆☆2026-08-06 21:25
A rise in imports narrowed Australia’s goods trade surplus to $1.1bn in the June quarter. The update links the shift to surging demand for electric vehicles and a fuel diplomacy push. The live news coverage continues with the day’s developments and an overview of what is ahead.
TThe GuardianOriginal★★★☆☆2026-08-06 21:23
President Donald Trump has signed an executive order setting out new trade actions aimed at protecting the U.S. polysilicon manufacturing industry, a White House aide said Thursday. The aide did not provide details about the measures. The order focuses on the domestic polysilicon sector and its trade protection.
RReutersOriginal★★★☆☆2026-08-06 21:15
The Trump administration is expected to turn down requests from some U.S. solar manufacturers. The companies are seeking a faster timetable for introducing a new price floor and tariff on imported polysilicon products. A person familiar with the matter said the administration is likely to reject that acceleration. The final timing for the measures was not specified.
Bloomberg reports that US refiners have reduced their purchases of Saudi oil to zero. Earlier this year, American refiners were buying more than 600,000 barrels a day from Saudi Arabia. The shift marks the first time in four decades that US imports of Saudi oil have reached nothing. It signals a major change in the two countries’ oil trade.
T
TASSOriginal★★★☆☆2026-08-06 20:41
Vacation rental company Airbnb reported higher second-quarter revenue on Thursday. The company benefited from strong demand for travel around the world. It also received a boost from first-time users during the FIFA World Cup hosted in the United States, Canada and Mexico. The tournament helped add momentum to the company’s quarterly performance.
RReutersOriginal★★☆☆☆2026-08-06 20:40
The Mexican Hass Avocado Association said a temporary operational pause is not expected to significantly affect market supply. The statement followed a U.S. decision to suspend inspections of avocado exports from Mexico’s Michoacan state. U.S. officials cited security concerns behind the suspension. The association said the disruption would not meaningfully reduce availability.
RReutersOriginal★★☆☆☆2026-08-06 19:40
Iron ore trader Radiant World is facing mounting pressure. Two of its key banks have frozen the company’s funds, while major mining companies are moving to sever their relationships with the trading house. The combination of restricted access to money and the departure of important business partners is worsening the firm’s position.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 19:00
Analysts have reduced their forecast for Argentina’s economic growth in 2026, according to a central bank survey released on Thursday. The same respondents also lowered their expectations for inflation. Both projections moved downward, indicating a softer assessment of the country’s expected growth and price outlook for the year ahead.
RReutersOriginal★★★☆☆2026-08-06 18:50
Britannia Industries of India reported first-quarter profit below market expectations on Thursday. Higher fuel and shipping expenses tied to the conflict in the Middle East outweighed stronger demand for the company’s packaged foods. The result highlights how the war-related increase in operating costs has pressured the food maker’s earnings.
RReutersOriginal★★★☆☆2026-08-06 18:40
US mortgage rates climbed to 6.69%, reaching a new high for the year. Inflation concerns were fueled by the ongoing war with Iran and the Federal Reserve’s decision to leave borrowing costs unchanged. The increase highlights the pressure facing borrowers as markets respond to both geopolitical developments and monetary policy.
BBloomberg NewsOriginal★★★☆☆2026-08-06 18:30
Poland’s largest energy group, Orlen, reported adjusted core profit above analyst expectations for the second quarter. The company said wider refining and petrochemical margins supported stronger performance in its downstream business. The results were posted on Thursday.
RReutersOriginal★★★☆☆2026-08-06 17:25
Russia’s major stock indexes ended the session lower. BCS World of Investments expects the struggle around the 2,300-point level on the MOEX Index to continue. Trading activity could be restrained by the approaching weekend, which may weigh on overall volumes.
TTASSOriginal★★☆☆☆2026-08-06 17:19
India’s fuel consumption increased by about 3% in July compared with the previous month. Data from the oil ministry’s Petroleum Planning and Analysis Cell put total consumption at 19.92 million metric tons. That marked the country’s highest level since March.
RReutersOriginal★★★☆☆2026-08-06 17:15
Transit fees for passage through the Strait of Hormuz will be determined by the services that are provided, according to an agency report. The source rejected recent reports claiming that Iran and Oman had disagreed over what percentage of cargo value should be charged. The statement concerns arrangements for passage through the strategic waterway and disputes suggestions of a pricing disagreement between the two countries.
TTASSOriginal★★★☆☆2026-08-06 17:08
Iran and Oman have agreed on new coordinates for ships travelling through the Strait of Hormuz. The deal sets out an updated passage arrangement for vessels using the strategic waterway. It marks an agreement between the two countries on how ships should navigate the strait.
Iran and Oman have reportedly reached an understanding on the main outlines of a deal to reopen the Strait of Hormuz. The proposed arrangement would reopen the strategic waterway for 60 days. Saudi-based Al Hadath and Al Arabiya cited high-ranking sources in reporting the development. The reports described the understanding as covering the framework of an agreement rather than a completed final deal.
Iran’s Foreign Ministry says consultations with Oman on establishing a new route through the Strait of Hormuz have reached the “final stage of coordination.” The proposed route has been described by several U.S. media outlets as leading into the Persian Gulf.
An Iran-Oman arrangement concerning the Strait of Hormuz could give Tehran control over shipping traffic, a news agency said. The agency described such a development as one of the major concessions made to Iran so far. The reported deal would therefore affect how maritime movement through the strait is handled.
Li Zixin cautioned that an agreement between Iran and Oman concerning the Strait of Hormuz would create room for maneuver. He said that if the question of control over the strait remains unresolved, the situation is highly likely to escalate further. In his assessment, such an escalation could potentially trigger a new conflict.
Iran and Oman are discussing a transit fee for the Strait of Hormuz. The rate under consideration ranges from 3% to 7%. Iran insists that a fee of 5% to 7% should be introduced.
Oil prices moved between modest gains and losses after Iran said it had reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz. Traders are weighing whether the arrangement could ease energy flows. The market reaction came as oil extended a three-day decline. Attention remains focused on the prospects for smoother passage through the strategic waterway.
The price of Brent crude oil on the ICE exchange increased by more than 3%. WTI crude futures for September delivery also rose, gaining 2.5%.
TTASSOriginal★★☆☆☆2026-08-06 17:02
Investment experts see opportunities in the artificial-intelligence trade beyond the market’s usual favorites. They point to robots, banks and Chinese chips as possible ways to participate in the theme. The focus is on alternatives to the best-known AI names.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 17:00
Digital banking software provider Alkami Technology has formally begun a process to explore a sale. People familiar with the matter said potential buyers had shown interest in acquiring the company. The move comes as Alkami faces increasing pressure from activist investor Jana Partners. The details were provided by people familiar with the situation.
RReutersOriginal★★☆☆☆2026-08-06 16:15
Vladimir Putin has ordered the creation of diamond-cutting clusters in Yakutia and Smolensk Region. The decree is scheduled to take effect on March 1, 2027.
TTASSOriginal★★★☆☆2026-08-06 15:43
Solar-power developer GoldenPeaks Capital has collapsed amid heavy debt. A court-appointed administrator overseeing the group’s key Polish subsidiary said the failure followed several transactions involving related entities. Those dealings were described as seemingly “fraudulent,” placing the company’s lending practices under scrutiny.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 15:40
The Bank of Russia set the official dollar rate at 81.41 rubles for August 7. The official euro rate was also increased by 86.84 kopecks. It was set at 94.0585 rubles. The figures represent the central bank’s published exchange rates for the day.
TTASSOriginal★★☆☆☆2026-08-06 15:26
Apollo Global has agreed to acquire European budget airline easyJet for £5.70 billion, equivalent to $7.7 billion. The U.S.-based alternative asset manager announced the agreement on Thursday. The deal came after rival bidder Castlelake abandoned its effort to pursue the carrier. The transaction would take easyJet private.
RReutersOriginal★★☆☆☆2026-08-06 15:01
No-frills airline EasyJet has agreed to be acquired by US firm Apollo in a deal worth £5.7bn. The agreement follows the withdrawal of a rival bidder, clearing the way for Apollo’s takeover.
Global car brands accounted for 15% of the Russian market in July. Their share returned to record levels during the month. Among the international brands, Japanese models were the most popular. The item highlights the continued strength of Japanese vehicles within this segment.
TTASSOriginal★★☆☆☆2026-08-06 15:01
Mexico is portrayed as gaining an advantage in the trade war through hospitality. Its approach is characterized by smiles, cooperation and considerable patience.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 15:00
Australia’s political dream of “sustainable price increases” may soon be tested. Under that scenario, property values would continue rising, but more slowly than wages. The Reserve Bank has raised interest rates, while the housing market is retreating. That may look normal so far, yet the combination raises a larger question: can Australia improve housing affordability without provoking a major collapse in property prices?
TThe GuardianOriginal★★★☆☆2026-08-06 15:00
The free trade agreement between the Eurasian Economic Union and the United Arab Emirates is scheduled to enter into force on October 6, 2026. Both sides have completed every procedure connected with ratification and implementation. The agreement marks the completion of the formal steps needed before its trade provisions begin to apply.
TTASSOriginal★★★☆☆2026-08-06 14:34
Americans are navigating a labor market whose opportunities are not shared equally. Some people looking for work are being pushed aside, while many of the youngest job seekers are missing out on foundational jobs and skills. Those early opportunities are described as important for building their futures. The uneven market is leaving workers with sharply different prospects.
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CNNOriginal★★★☆☆2026-08-06 14:30
The Reserve Bank of India said on Thursday that it had added Tata Sons to its list of upper-layer non-banking financial companies. Firms in this category face tougher regulatory requirements. The classification keeps pressure on one of India’s largest holding companies to go public. Tata Sons could avoid that path only if it obtains an exemption from the requirements.
RReutersOriginal★★★☆☆2026-08-06 14:25
Russia’s government will permit the production, import and sale of Euro-2, Euro-3 and Euro-4 automotive gasoline. The Energy Ministry announced the decision on its Telegram channel. The authorization will remain in effect until July 1, 2027. The measure comes as the country faces a fuel shortage.
MMeduzaOriginal★★★☆☆2026-08-06 14:15
SpaceX has released its first earnings report, but Wall Street’s focus has moved to an unprecedented $101 billion unlock. Bloomberg journalists are scheduled to address questions in a live Q&A today at 2 p.m. EDT. The session will be streamed online through the Bloomberg link. The item highlights the shift in attention from the company’s initial financial disclosure to the much larger pending transaction.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 14:15
Gas injection into European underground storage facilities reached its lowest level in three years at the start of August. The facilities are currently 57.87% full. That compares with a 70% filling level during the same period last year, indicating a substantially lower level of stored gas this year.
TTASSOriginal★★☆☆☆2026-08-06 14:02
Armenia’s statistical committee reported a 20.9% decline in trade turnover between Armenia and Russia during the first half of the year. The value of trade fell to $2.6 billion over the reporting period.
TTASSOriginal★★★☆☆2026-08-06 14:00
Egypt’s annual headline inflation rate was likely higher in July, reaching 15.6% compared with 14.3% in June, according to a Reuters poll. The expected acceleration was attributed to an unfavorable base effect and increased pressure on both food and non-food prices. The reading would mark a renewed rise in inflationary pressure in the country.
RReutersOriginal★★★☆☆2026-08-06 14:00
Vladimir Putin had generally maintained a conspicuous distance from Russia’s monetary policy. Bloomberg reports that he nevertheless made clear twice in July that the central bank needed to reduce its key rate. The agency described his remarks, delivered shortly before a policy meeting, as unusually direct. The comments indicated that Putin was beginning to pressure central bank chief Elvira Nabiullina over the rate decision.
MMeduzaOriginal★★★☆☆2026-08-06 13:59
Chinese automaker Jetour is assessing ways to begin production in Brazil. An executive said the company is considering sharing unused factory capacity with manufacturers already operating in the country. Jetour is part of the Chery group. The options under review concern how the automaker could establish production in Brazil.
RReutersOriginal★★☆☆☆2026-08-06 13:50
Around 1,000 tons of wheat have been transported from Russia to Armenia through Azerbaijan. Azerbaijan lifted its ban on the transit of goods bound for Armenia across its territory in late October last year. The shipment follows that change in transit policy and uses Azerbaijan as the route between the two countries.
TTASSOriginal★★☆☆☆2026-08-06 13:44
Russia’s international reserves fell by $11.8 billion over one week, reaching $720.3 billion, according to the Central Bank. The regulator said the decline was largely caused by negative revaluation. The figures describe a weekly reduction in the country’s reserve holdings. No other cause was cited in the statement.
TTASSOriginal★★★☆☆2026-08-06 13:36
The number of Americans seeking unemployment benefits increased last week to 199,000. Layoffs, however, continue to sit within the historically healthy range seen over the past several years. The latest figures point to an uptick in benefit applications without a comparable deterioration in layoffs. The labor market therefore remains broadly resilient despite the weekly rise.
TThe Associated PressOriginal★★★☆☆2026-08-06 13:33
Sequoia leaders Alfred Lin and Pat Grady are repositioning the 54-year-old firm for a business environment shaped by artificial intelligence. With $10 billion at their disposal, they are preparing the venture capital firm for a new phase. Their plans center on adapting Sequoia’s direction to an AI-dominated world. The shift reflects an effort to redefine the firm’s role as technology changes the investment landscape.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 13:30
Russian investment is contributing to efforts to improve Kyrgyzstan’s energy balance, Deputy Prime Minister Alexey Overchuk said. He recalled that construction of Central Asia’s largest solar power plant was nearing completion in the Issyk-Kul region. The remarks highlighted the role of Russian-funded development in Kyrgyzstan’s energy sector. The project is presented as a major solar facility for the region.
TTASSOriginal★★☆☆☆2026-08-06 13:22
Russian Deputy Prime Minister Overchuk said mutual trade between Russia and Kyrgyzstan is growing. The official reported that bilateral trade turnover reached $2.3 billion during the first five months of 2026. The figure covers trade between the two countries over that period.
Russian President Vladimir Putin said trade turnover between Russia and Kyrgyzstan increased by more than a quarter in 2025. He also stated that over 2,000 companies with Russian capital are operating in Kyrgyzstan. The figures highlight the scale of bilateral commercial ties and Russian business activity in the country.
Iraq’s government needs roughly $8.24bn every month to pay state salaries and meet its basic obligations. The scale of that recurring requirement raises the question of whether the country is moving into a prolonged period of fiscal scarcity. The issue is framed around the government’s ability to sustain essential payments as money becomes increasingly constrained.
AAl JazeeraOriginal★★★☆☆2026-08-06 13:19
Turkey says carbon markets should assume their “rightful place” at COP31, the annual United Nations climate conference. As host of the summit, the country says governments will be pressed to increase demand for carbon credits. The effort could unlock more than $50 billion in extra financing each year for developing economies. That funding would support measures including emissions reductions.
BBloomberg NewsOriginal★★★★☆2026-08-06 13:00
Global bond and currency investors are revisiting last year’s “Sell America” trade. The debate follows a series of economic-policy decisions announced in Washington over the past two weeks. Investors are weighing whether those moves have created enough uncertainty to reconsider their positioning toward US assets. The renewed discussion points to growing doubts among some market participants about the direction of US policy.
BBloomberg NewsOriginal★★★★☆2026-08-06 12:30
LGT, the private bank owned by Liechtenstein’s Princely House, is seeking to grow its business in Japan. The bank is betting that rising wealth in the country will create room for it to win new clients. Japan has historically been a difficult market for foreign private banks to enter and develop. LGT is pursuing expansion despite that long-standing challenge.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 12:00
Russian Deputy Prime Minister Yury Trutnev says investment attracted to the Far East has reached almost $80 billion. He stressed that the region continues to grow faster than Russia’s average pace. The statement highlights the Far East’s ongoing economic expansion and its strong investment appeal.
TTASSOriginal★★★☆☆2026-08-06 11:57
The Eastern Economic Forum is scheduled to take place in Vladivostok from September 1 to 4. Organizers plan to sign 380 deals during the event, with their combined value estimated at almost $80 billion.
Direct losses suffered by Wildberries after Ukrainian strikes on its warehouses may exceed 100 billion rubles, The Bell reports. A market source said the worst-case figure could reach 200 billion rubles. The damage is partly linked to the company owning as much as 10 percent of the goods listed on its platform. The scale of the losses could therefore keep the Russian online retail giant from making a profit for years.
MMeduzaOriginal★★★☆☆2026-08-06 11:48
The British government has approved Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery. Officials said they had received assurances related to the deal. The government had previously raised concerns that the transaction could restrict media diversity. The clearance follows those earlier concerns and the assurances now cited.
CCNNOriginal★★★★☆2026-08-06 11:46
Britain approved Paramount Skydance’s $110 billion acquisition of Warner Bros. on Thursday. The deal was cleared on competition grounds. The decision removes a competition-related obstacle to the proposed takeover in Britain.
Nintendo reported earnings that came in above expectations. The company benefited from tariff refunds from the US, while strong sales of two in-house games for its flagship Switch 2 console also supported the results. Together, those factors helped lift the performance of the Japanese game maker.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 11:00
Nintendo significantly exceeded its first-quarter earnings estimates for the fiscal year. Strong sales of its games helped drive operating profit to 142.5 billion yen, or about $902 million, between April 1 and June 30. The company also benefited from refunds tied to US tariffs. Those refunds boosted its results, but customers are unlikely to receive any of that money, leaving the benefit with Nintendo rather than its players.
Nintendo has reported a sharp rise in quarterly profit, driven largely by a long-awaited refund linked to Donald Trump’s tariffs. The Japanese video game company said profit climbed 53.5% to ¥147.4bn in the three months through June. That result was well above expert forecasts of ¥77.8bn. The company nevertheless recorded a decline in overall sales.
Nintendo said its operating profit rose 150.5% to 142.6 billion yen in the April-June quarter. The Japanese games maker exceeded analyst estimates with the sharp increase. It attributed the result to brisk demand for software for the Switch 2. Refunds of U.S. tariffs also helped support the quarter’s profit.
JPMorgan Chase says the technology trade could rely even more heavily on retail investors after a difficult July. The bank’s assessment also points to potentially higher volatility in the sector. Its view is based on preliminary data covering hedge funds in the technology, media and telecommunications equity sectors. The analysis suggests that retail participation may become a more important force in the market.
BBloomberg NewsOriginal★★☆☆☆2026-08-06 10:00
Kyrgyz President Japarov described the Russian market as one of the main destinations for products from Kyrgyzstan. He expressed confidence that expanding trade and economic cooperation between the two countries would create additional opportunities. Japarov also pointed to the importance of establishing favorable conditions for mutual trade. In his view, such conditions could help businesses in both countries find new avenues for growth.
TTASSOriginal★★★☆☆2026-08-06 09:48
Congo has prohibited exports of copper concentrate and cobalt concentrate under a new government order reviewed by Reuters. The measure represents a major escalation in the country’s effort to promote domestic processing. It also aims to retain more value from Congo’s extensive mineral resources. The order covers both copper and cobalt concentrates.
RReutersOriginal★★★★☆2026-08-06 09:35
When the Strait of Hormuz was first closed, many observers forecast that oil would surge to $200 a barrel. Bloomberg Opinion columnist Javier Blas examines why that dramatic price rise did not occur. The analysis links the Iran war with a newly visible form of Chinese leverage in the oil market. It focuses on the gap between expectations and the market’s actual response to the closure.
BBloomberg NewsOriginal★★★★☆2026-08-06 09:30
Russian stocks moved lower as the main trading session began. At 10:00 a.m. Moscow time, the yuan exchange rate against the ruble had risen by 3.9 kopecks.
TTASSOriginal★★☆☆☆2026-08-06 09:01
Climate change is creating mounting difficulties for Malaysian durian farmers. Unpredictable weather is affecting their crops and making cultivation harder to manage. Growers such as Stephen Chow are also dealing with higher costs. Despite those pressures, they are pursuing opportunities in China’s rapidly expanding durian market.
TThe Associated PressOriginal★★☆☆☆2026-08-06 09:00
2026 was expected to offer some relief to homebuyers who had been pushed to the sidelines. That prospect changed as the Iran war and concerns over accelerating inflation emerged. The combination has kept attention focused on why US mortgage rates remain so elevated. The key question is what could bring borrowing costs down.
BBloomberg NewsOriginal★★★☆☆2026-08-06 09:00
An increasing number of Chinese provinces are introducing paid-leave policies designed to turn time away from work into consumer spending. Henan is urging officials to set an example by taking the lead in implementing the approach. The measures reflect efforts by local governments to stimulate demand through more time off.
C
China News ServiceOriginal★★★☆☆2026-08-06 08:43
Lao hydropower was sent to China’s Guangdong-Hong Kong-Macao Greater Bay Area for the first time on Wednesday. The transmission used the China–Laos 500-kilovolt interconnection project. Lancang-Mekong International Energy Co., which is affiliated with China Southern Power Grid, confirmed the development. The transfer marks a new electricity link between Laos and the Greater Bay Area.
CChina News ServiceOriginal★★★☆☆2026-08-06 08:37
Russia has emerged as one of the world’s biggest gold sellers over the past year. The sales are an effort to raise cash while the country faces budget problems. However, they do not necessarily indicate that a financial crisis is about to occur.
DDWOriginal★★★☆☆2026-08-06 08:21
Air India’s new chief executive is set to confront difficult challenges. The aftermath of last year’s deadly crash remains a central issue, while the airline is also dealing with mounting financial losses. These two pressures are identified as the main tests facing the new leadership.
BBBC NewsOriginal★★★☆☆2026-08-06 08:18
Offshore duty-free sales in China’s southern Hainan Province reached 21.6 billion yuan, or about $3 billion, during the first seven months of 2026. Haikou Customs said the figure was 17.9% higher than in the same period a year earlier. The data indicate continued growth in Hainan’s offshore duty-free market during the period.
CChina News ServiceOriginal★★★☆☆2026-08-06 08:10
The Maerdang Hydropower Station has achieved its highest monthly power output on record. China Energy Investment Corporation’s Qinghai branch announced the milestone on Wednesday. The station is located on the Yellow River. The report highlights a new generation record for the facility.
CChina News ServiceOriginal★★☆☆☆2026-08-06 08:03
The RTS Index stood at 901.58 points at 10:37 a.m. Moscow time. It moved above the 900-point mark for the first time since July 30.
TTASSOriginal★★☆☆☆2026-08-06 08:02
China’s state iron ore buyer, CMRG, has instructed some steel mills to stop negotiating with Rio Tinto over shipments beginning in September, according to two sources. The move escalates pressure on Rio Tinto, described as the world’s largest iron ore producer, during annual supply discussions. The direction affects selected mills rather than the entire industry. It signals a sharper dispute in negotiations over upcoming iron ore supplies.
RReutersOriginal★★★☆☆2026-08-06 07:05
The Canton Fair has signed cooperation agreements with global partners in Guangzhou. So far, the trade fair has established cooperation with 231 overseas institutions. These institutions come from 110 countries and regions, underscoring the fair’s broad international network.
CChina News ServiceOriginal★★☆☆☆2026-08-06 06:58
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
