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Iran war has exacerbated fiscal pressures on Paris as budget battle looms

Michael Leiters says carmaker’s focus on new combustion engine models means a more ‘balanced offer’ of electric and petrol cars

I don’t know who will win the US-Iran war. But if you ask me who’s prevailing in the battle over the Strait of Hormuz, it’s clear US President Donald Trump has the advantage. As much as Tehran says the opposite, the strait is effectively wide open. Crude oil exports from regional US allies via the w

Trump at centre of lobbying fight between Big Oil and top Republicans warning of voter anger at high fuel prices

We may not be on the eve of disaster but room for manoeuvre is shrinking for major economies

Singapore and Kuala Lumpur are experiencing severe haze from wildfires in Indonesia, with air quality deteriorating ahead of major sporting events. Bloomberg's Mary Hui breaks down the situation. (Source: Bloomberg)

The shifts in bond investors’ sentiment have created a much more difficult environment for Europe’s governments and companies.

Power rates for Singapore households will decline from a record high as lower fuel costs provide some relief from inflation.

Brazilian iron ore giant Vale SA is considering to raise as much as 3.5 billion yuan ($522 million) in its debut issuance in China’s bond market, according to people familiar with the matter, joining a growing number of issuers diversifying funding sources and looking for cheaper options.

Crude oil flows from the Middle East are returning toward pre-war levels despite continued risks to shipping, according to separate estimates from JPMorgan & Goldman Sachs. Meanwhile the diplomatic stalemate between the US & Iran continues with Hormuz & nuclear weapons being the main sticking points