Market News
- Argentina Bond Investors Increasingly Fear the Day After Milei
by Ignacio Olivera Doll on April 29, 2026 at 11:00 amConcern is mounting once again in the bond market that Argentines are tiring of President Javier Milei and his radical economic reform agenda.
- Martin Wiggen: UAE Exits OPEC to Move Closer to US
on April 29, 2026 at 10:20 amThe UAE is set to depart OPEC on May 1 in a shocking move that blindsided other members of the oil production bloc. Nadia Martin Wiggen, Director at Svelland Capital spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the impact of this on oil prices. (Source: Bloomberg)
- US Has More Natural Gas Than It Can Use as War Chokes Global Supply
by Julian Hast, Emma Sanchez, Kevin Crowley, Leonardo Nicoletti on April 29, 2026 at 10:00 amSoaring gas production is poised to bolster US manufacturing, creating an economic tailwind
- Armani Posts 2025 Profit Rise as Higher-End Lines Lift Results
by Flavia Rotondi on April 29, 2026 at 10:00 amArmani Group managed to raise profit in 2025 despite a decline in sales, as full-price and high-end lines bolstered results at the Italian fashion house.
- Ardian Helps Canada’s Largest Pensions Exit Buyout Funds
Ardian is increasingly a buyer of private equity assets from Canadian pension plans, as […]
- Most Traders Lose on Polymarket and Winners Look Like Bots
Most profits made by a tiny number of accounts
- Singapore Is Pulling In Dubai Gold as Middle East War Drags On
Imports of gold into Singapore from Dubai hit a record last month, thanks to wealthy investors […]
- UBS Sees Recovery Signs in US Wealth Business as Inflows Return
UBS Group AG’s wealth-management business in the Americas showed tentative signs of revival after […]
- Bond Traders Ramp Up Wagers Hedging for 5% Yields as Oil Surges
Traders in the Treasury options market are bracing for long-dated bond yields to surge past 5% as a […]
- Oil Rises With Elusive Outlook for US-Iran Deal Over Hormuz
Oil rose as a US-Iran standoff over the crucial Strait of Hormuz dragged on, prolonging an […]
- Tech Stocks Rise in Run-Up to Megacap Earnings: Markets Wrap
Stock traders are buying the dip in technology shares as markets get ready for earnings from four […]
- Gold Falls for Third Day as Iran War Fans Inflation Fears
Gold extended a decline, as investor focus remained on the prospect of talks between the US and […]
political news
- Argentina Bond Investors Increasingly Fear the Day After Mileiby Ignacio Olivera Doll on April 29, 2026 at 11:00 am
Concern is mounting once again in the bond market that Argentines are tiring of President Javier Milei and his radical economic reform agenda.
- AI Presents 'Unique Risks' Warns Former IRS Chief
on April 29, 2026 at 10:47 amDaniel Werfel, former Commissioner of the US Internal Revenue Service, joined Caroline Hepker and Lizzy Burden on Bloomberg Radio as the UK's tax authority undertakes a major digital overhaul. HMRC is aiming to move most customer interactions online by 2030, while updating legacy systems and exploring the use of AI. Werfel, now with Public Digital, which is advising HMRC, discussed the challenges of delivering large-scale government transformation, as well as concerns around AI, data protection and the security of sensitive public sector systems. (Source: Bloomberg)
- Mercedes Set to Challenge UK’s £7.5 Billion Motor Finance Plan
by Upmanyu Trivedi on April 29, 2026 at 10:14 amMercedes-Benz Group AG’s financial services unit filed an appeal challenging the UK’s £7.5 billion plan to compensate customers who were overcharged for auto loans.
- Taiwan Leader’s Last-Minute Plea to Fly Via Europe Was Rejected
by Jenny Leonard, Yian Lee, Cindy Wang on April 29, 2026 at 10:00 amGermany and the Czech Republic denied requests for Taiwan President Lai Ching-te to transit through Europe earlier this month, dooming his last-minute effort to circumvent a China-backed blockade of his first diplomatic trip to Africa, people familiar with the matter said.
- North Korea Nuclear Arms Shield Kim From Trump
by Jon Herskovitz on April 29, 2026 at 9:59 amKim Jong Un has shown no sign that the US president can entice him to abandon nuclear ambitions.
- Japanese Crude Supertanker Manages Hormuz Exit in War First
A laden supertanker linked to Japan appears to have completed a transit through the Strait of […]
- Iraq Politicians Chose New Candidate for PM After Trump Pressure
Former Iraqi Prime Minister Nouri Al-Maliki ended his bid to reclaim the role after pressure from […]
- Meloni Backs Italy’s Justice Minister Over Pardon of Berlusconi Ally
Italian Prime Minister Giorgia Meloni backed her justice minister over his role in a controversial […]
- Kosovo Set for Third Straight Snap Vote to Break Deadlock
Kosovo is poised for its third snap general election after Prime Minister Albin Kurti failed to […]
- Trump’s $1.5 Trillion Defense Plan Draws Rare Republican Pushback
Key congressional Republicans are poised to break with Donald Trump on his proposed 44% raise for […]
Wealth
- Australia’s Richest Person Gifts Jet to Far-Right Party Head
by Alex Chapman on April 29, 2026 at 9:02 amAustralia’s richest person, Gina Rinehart, has donated a plane to Pauline Hanson, the leader of the country’s hard-right One Nation Party.
- Family Office for $12 Billion Tetra Pak Fortune Exits Hong Kong
by Benjamin Stupples, Diana Li, David Ramli on April 29, 2026 at 6:01 amOne of London’s biggest family offices is pulling out of Hong Kong, joining a wave of longstanding investment firms for the ultra-wealthy altering their global footprints amid rising operating costs.
- Netherlands’ Plan for Tax on Wealth Sparks Fierce Opposition
by Sarah Jacob, Patrick Van Oosterom on April 29, 2026 at 4:00 amAn investment tax has been unpopular with wealthy people in the Netherlands for years, but critics say a planned revamp is even worse.
- What a Big Shift in Pensions Risk Means For You
by John Stepek on April 28, 2026 at 1:22 pmA drive for ever-bigger workplace pension schemes risks concentrating too much power in a few hands
- Private Credit’s Rude Awakening Gives Bond Funds a New Edge
by Michael MacKenzie, Silla Brush, Tasos Vossos on April 28, 2026 at 11:15 amAs cracks appear in the world of private credit, investors are rediscovering the virtues of publicly traded debt markets.
Tech & Innovation
- The Manus Mess Won’t Dim Singapore’s Appeal for Startups
by Yuan Gao on April 29, 2026 at 11:02 amChinese founders will keep coming to Singapore, even after Manus flashpoint
- Junior Bankers Sick of Grunt Work Build $2 Billion AI Tool to Do the Job
by Todd Gillespie on April 29, 2026 at 10:30 amRogo, started by young bankers around a kitchen table in 2021, just won a multibillion-dollar valuation
- 80 Seconds of Big Tech Earnings Will Decide Stock Market’s Fate
by Jeran Wittenstein on April 29, 2026 at 9:00 amInvestors looking for clues on which direction the stock market is headed in the coming weeks will get a rapid-fire reading as soon as trading ends on Wednesday.
- Adani’s Giant Copper Plant Hit By Technical Woes in First Year
by Julian Luk, Preeti Soni, Sanjai P R on April 29, 2026 at 9:00 amBillionaire Gautam Adani’s $1.2 billion copper plant has hit a string of technical setbacks since it was commissioned ten months ago, raising concerns about the future of an operation vital to adding supply outside China.
- Nasdaq-Listed MakeMyTrip Said to Hire Banks for India Offering
by Rajesh Mascarenhas, Baiju Kalesh, Dave Sebastian on April 29, 2026 at 8:48 amMakeMyTrip Ltd., an online travel platform listed on the Nasdaq, is considering a listing in Mumbai, according to people familiar with the matter.
