Iran said it reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. Bloomberg's Michael Heath breaks down what we know so far about the possible deal. (Source: Bloomberg)

Joint US-Japan intervention has supported the yen for now, but isn’t a game-changer for the currency or the economy, Japan’s former Prime Minister Fumio Kishida tells Bloomberg TV. (Source: Bloomberg)

India’s plan to sell more shares in its insurance giant was no secret. But the government surprised the market by how much it raised and the pace of the deal.

Asia shares ease on tech pullback, oil stable as Iran talks stay in focus Reuters

Chip giant SK Hynix Inc. suffered its second short-lived share plunge in about a week, raising fresh questions about trading volatility on South Korea’s alternative stock exchange.

Eli Lilly reported $23 billion in revenue with Mounjaro at $9.9 billion, up 91%. Disney beat estimates as Toy Story 5 crossed $1 billion. After the bell, Sandisk and Western Digital each beat earnings and fell anyway. AppLovin dropped 21% on a genuine miss as its e-commerce ad ramp slowed.

What Comes after the neoliberal order.

How to avoid an AI catastrophe.

The Iranian-led network Is more dangerous than ever.

America’s artificial intelligence titans recently banded together to urge the government not to restrict so-called open-weight AI models, or those that are publicly available for users to freely download and run on their own platforms, so that they can better compete with the ones coming out of Chin