Market News

The war against Iran is putting new strains on U.S. military readiness by consuming munitions and missile defense interceptors, as well as through extended deployments, sustained operational demands, and the diversion of forces and attention from other theaters. Mark Cancian (Center for Strategic an

Iran submits conditions for reopening of Hormuz to U.S. representative, state media says Reuters

Trump supports diesel export ban as fuel prices hit records Reuters

South Korea plans to cut its reliance on Middle East crude oil imports to 50% by 2035 Reuters

Dollar holds near 2-month high as markets weigh rate hikes, Iran diplomacy Reuters

Oil falls $1 on better supply outlook, hopes for US-Iran talks Reuters

Rupee hooked to oil prices as markets gauge Iran diplomacy hopes Reuters

Qantas Airways CEO Vanessa Hudson joins Romaine Bostick in New York to discuss the challenges and opportunities facing the business as they look at market demand and rising oil prices. Hudson says they're projecting demand and are confident about their long haul routes. (Source: Bloomberg)

Hong Kong Financial Secretary Paul Chan says the city is working to build its infrastructure for yuan product offerings as international usage of the currency is expected to grow. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)

The real barriers to competitiveness and innovation are still in place.