Market News
- Mozambique Weighs Swapping Dollar Debt for Yuan in China Talks
by Tavares Cebola on May 5, 2026 at 8:00 amMozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers.
- EU Seeks 'Reliable' US Ties, French Trade Minister Says
on May 5, 2026 at 7:45 amFrench Trade Minister Nicolas Forissier discusses the trade relationship between the European Union and the US as President Donald Trump threatened to raise tariffs on cars and trucks from the EU to 25%. EU officials have said all options will be on the table if Trump follows through with the threat as the two sides work to implement the agreement. "There was an agreement last July, and so now we have to implement it," Forissier tells Bloomberg Television. (Source: Bloomberg)
- JPMorgan's Faller Says Prepare for Shocks Even as Equities Rise
on May 5, 2026 at 7:45 amMadison Faller, investment strategist at JPMorgan Private Bank, says the economic backdrop is resilient and that earnings growth will drive markets higher, as long as the war in the Middle East doesn't flare up again. "So that means positioning for upside, but also I think allocating toward shock absorbers," Faller tells Bloomberg Television. (Source: Bloomberg)
- French Trade Minister: 'We'll No Longer Be Naïve'
on May 5, 2026 at 7:44 amThe French Trade Minister argued the EU will use tools if Donald Trump makes excessive threats to strategic industries, and is seeking to build a more ‘predictable’ trade relationship with the US. Nicolas Forissier spoke exclusively to Bloomberg TV ahead of France presiding a meeting of G7 Trade Ministers in Paris on Wednesday. (Source: Bloomberg)
- Inflation Pushes Bonds to Breaking Point: 3-Minutes MLIV
Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for […]
- Horizons Middle East & Africa 5/5/2026
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing […]
- Hon Hai Sales Grow 30% With Expansion of AI Server Business
Key Nvidia Corp. partner Hon Hai Precision Industry Co. reported a 29.7% increase in April revenue, […]
- EU Has Tools If US Threatens Industries, French Minister Says
The European Union has tools that it can turn to if Donald Trump makes excessive threats to […]
- Rheinmetall Misses Estimate as Sales Shift to Second Quarter
Rheinmetall AG reported preliminary sales in the first three months of the year that fell short of […]
- Europe Is Facing Stagflationary Shock, EU’s Dombrovskis Says
European Union Economy Commissioner Valdis Dombrovskis warned of the stagflationary effect that the […]
- Dollar Dominance Crushes Lagarde’s European Crypto Ambitions
In the contest over the future of money, the US dollar has a huge head start
- Oil Steadies After Clashes Around Hormuz Strain Fragile Truce
Oil steadied after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire […]
political news
- Thailand Eyes $12 Billion in New Debt to Cushion Mideast Crisis
by Anuchit Nguyen on May 5, 2026 at 7:50 amThailand’s government plans to raise 400 billion baht ($12 billion) in new debt to support farmers, low-income households, and small businesses affected by the fallout from the Middle East conflict, while accelerating the country’s shift away from fossil fuels.
- Modi Opponents Allege Vote Count Violations After Key State Loss
by Shruti Srivastava, Sudhi Ranjan Sen on May 5, 2026 at 7:06 amIndia’s opposition parties allege large-scale violations in counting of votes that led to Bharatiya Janata Party’s landslide victory in West Bengal, ousting Mamata Banerjee’s Trinamool Congress.
- Russia’s Kirishi Oil Refinery on Fire, NASA Satellites Show
by Alaric Nightingale on May 5, 2026 at 6:29 amRussia’s Kirishi oil refinery near the Baltic coast is on fire after overnight drone strikes, according to NASA satellite images, as Ukraine ramps up attacks ahead of planned Victory Day ceasefires.
- Election Pledges in India Risk Wider Deficits, Economists Warn
by Ruchi Bhatia on May 5, 2026 at 6:23 amImplementing populist promises that featured prominently in election wins in key Indian states this week risk straining their finances, with economists warning of wider fiscal deficits.
- BJP’s State Poll Wins Strengthen Modi’s Grip on India
on May 5, 2026 at 6:15 amIndia’s ruling BJP has strengthened Prime Minister Narendra Modi’s political position after decisive state election victories, reshaping the balance between government and opposition. Rahul Verma, Fellow at the Centre for Policy Research and Associate Professor at Shiv Nadar University, spoke on Insight with Haslinda Amin about the implications for governance, reforms, and India’s North-South divide. (Removed name of TV producer.)
- Taiwan’s Lai to Speak After Defying China to Visit Africa
Taiwan President Lai Ching-te will soon arrive home following a surprise trip to Africa in defiance […]
- US and Iran Trade Fire in Gulf, Jolting Four-Week-Old Truce
The US and Iran exchanged fire in a flareup of violence on Monday that also drew in the United Arab […]
- Modi Clinches Big Wins as Opponents Ousted in State Polls
Two years ago, Indian Prime Minister Narendra Modi was dealt a humbling blow in national elections, […]
- Iran Fires Missiles at UAE in First Attack Since Ceasefire
Iran attacked the United Arab Emirates for the first time in almost a month on Monday, fracturing […]
- White House Weighs AI Working Group, Model Testing, NYT Reports
The Trump administration is considering an executive order to create a working group on artificial […]
Wealth
- The Risky Pivot Inside Australia’s Pension System
by Amy Bainbridge on May 4, 2026 at 9:00 pmA deep anxiety about retirement has people switching to do-it-yourself investment vehicles, where they’re loading up on crypto and other risky assets.
- Apollo’s Zito Calls Credit Safer Bet in High-Volatility Times
by Preeti Singh on May 4, 2026 at 4:15 pmApollo Global Management Inc.’s John Zito argued private credit is the safer place for investors to be even as the rise of artificial intelligence is dramatically shifting the environment for “the whole ecosystem of investing.”
- Trump-Linked World Liberty Sues Justin Sun for Defamation
by David Pan, Olga Kharif on May 4, 2026 at 1:08 pmWorld Liberty Financial said it is suing Justin Sun for defamation, accusing the billionaire crypto entrepreneur of running a coordinated media campaign against the Trump-linked project after he filed his own lawsuit against it last month.
- Nvidia’s Huang Says AI Chip Exports Should Be More Free
on May 4, 2026 at 12:39 pm - OCBC to Acquire HSBC’s Indonesia Retail, Wealth Assets
by Suvashree Ghosh, Chanyaporn Chanjaroen, Elffie Chew on May 4, 2026 at 12:05 pmOversea-Chinese Banking Corp. is buying HSBC Holdings Plc’s retail and wealth assets in Indonesia, deepening its presence in Southeast Asia’s largest economy.
Tech & Innovation
- Hon Hai Sales Grow 30% With Expansion of AI Server Businessby Debby Wu on May 5, 2026 at 7:37 am
Key Nvidia Corp. partner Hon Hai Precision Industry Co. reported a 29.7% increase in April revenue, underscoring persistently strong spending on hardware essential for AI.
- Alphabet Returns to Euro Debt Market for Latest AI Megabond Deal
by Hannah Benjamin-Cook, Ying Luthra on May 5, 2026 at 6:36 amAlphabet Inc. has kicked off its latest megabond deal as it returns to the euro market just months after selling nearly $32 billion of dollar, sterling and Swiss franc-denominated debt.
- Europe Is Debating a Digital Euro But Progress Is Slow
on May 5, 2026 at 6:18 amEuropean Central Bank President Christine Lagarde’s push to speed up plans for a digital euro is part of a broader geopolitical effort for independence and autonomy, where the bloc is less reliant on others and can reduce exposure to major economies like the US and China. Bloomberg's Anna Irrera reports. (Source: Bloomberg)
- Apple Considers Using Intel, Samsung to Build Device Processors
on May 5, 2026 at 5:49 amApple has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US. According to people familiar with the deliberations, Apple had early-stage talks with Intel about enlisting the company's chipmaking services. Apple executives also made visits to a Samsung plant under development in Texas. The move would offer a secondary option beyond longtime partner TSMC. Bloomberg's Neil Campling explains. (Source: Bloomberg)
- AI Threatens Private Debt Recovery in Software: Davidson Kempner
by Sharon Klyne on May 5, 2026 at 4:00 amDisruptions caused by artificial intelligence are threatening private credit firms’ potential recovery rates in the software sector, according to Davidson Kempner Capital Management LP chief investment officer Tony Yoseloff.
