Oil Drops as Trump Strikes Upbeat Tone With War Near 50-Day Mark
Oil dropped as President Donald Trump struck an optimistic tone on prospects for a permanent ceasefire between the US and Iran.
Gold Heads for Fourth Weekly Gain on Optimism for US-Iran Truce
Gold headed for a fourth weekly gain after President Donald Trump expressed optimism that the US and Iran could agree a permanent ceasefire to end the war that’s upended markets and heightened inflation fears.
Oaktree’s Senior Credit Executive for Asia Set to Depart Firm
One of Oaktree Capital Group LLC’s most senior investment professionals for Asia is set to leave the firm in the coming months, according to people familiar with the matter.
Foreign Trading of Chinese Bonds via Hong Kong Hits Record High
Overseas funds’ trading of Chinese onshore bonds via Hong Kong hit a record last month, underscoring growing interest for yuan assets amid escalating Middle East tensions.
China to Commission Seven Nuclear Reactors in 2026, CCTV Says
Seven nuclear power reactors are scheduled to be completed and commissioned in China this year, state broadcaster China Central Television reported, citing the nation’s atomic energy organization’s annual report.
