geopolitics

Emerging market stocks rebounded after three days of losses after China mounted a state-sponsored rescue program for its tech shares.

Axiom Biosciences is considering an initial public offering in Hong Kong, a rare move for an American biotechnology firm, and one that would help it tap China’s booming clinical development capabilities.

Four Indians killed in Russian strike on vessel off Ukraine

China-U.S. spat over South China Sea threatens to overshadow ASEAN meeting

Israel says pilot safe zones begin in southern Lebanon Reuters

Hormuz vessel crossings extend slide on fresh US-Iran attacks Reuters

Tanker crew abandons vessel after reported projectile strike in Strait of Hormuz, UKMTO says Reuters

Gold rises 1% as hopes for US-Iran diplomacy pause oil rally Reuters

Pakistan and Bangladesh were forced to buy some of their most expensive liquefied natural gas shipments in years as the Middle East conflict chokes supply, straining government finances and prompting both countries to rethink their reliance on the super-chilled fuel.

Editorial Note: The dates cited in Eugene Politovsky’s account are from the old Russian Orthodox calendar, which is 13 days behind that of the (Gregorian) calendar system used in this article.A recent War on the Rocks article on the failure of the Spanish Reserve Fleet to prepare for war with the Un