The US said a fresh cease-fire proposal that would pause fighting between Israel and Hamas for at least six weeks could mark a “decisive moment” in the conflict — if both sides agree terms after several failed attempts at peace. Kim Ghattas, author of ‘Black Wave’ speaks with Joumanna Bercetche on Horizons Middle East &…
South Africa’s ruling African National Congress has begun talks with rivals to form a government after losing a parliamentary majority it had held since Nelson Mandela led it to power at the end of apartheid in 1994. Bloomberg News’ Jennifer Zabasajja discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/lJzkxMS
Iceland’s central bank governor said a “tough” policy stance from the US Federal Reserve provides a tailwind for his work that has taken interest rates in the island nation to a western European high of 9.25%. from Bloomberg Markets https://ift.tt/I6bWBUS
Trump, who once tried to ban TikTok, joined the social-media platform and posted a 13-second clip of himself at an Ultimate Fighting Championship event in Newark, N.J. https://www.wsj.com/tech/donald-trump-joins-tiktok-years-after-trying-to-ban-the-app-431b5cad
“Bloomberg Markets: Asia” is the definitive guide to the markets in Hong Kong and on the mainland. Haslinda Amin brings you the latest news and analysis to get you ready for the trading day. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Xvf9PhJ
Shares of GenScript Biotech plunged in Hong Kong amid concerns that the company could face U.S. scrutiny due to alleged ties with the Chinese government. https://www.wsj.com/articles/genscript-biotech-shares-drop-after-u-s-lawmakers-scrutinize-chinese-ties-fadee581
Indian Prime Minister Narendra Modi appears set to win a third term, while South Africa’s ruling African National Congress lost its 30-year parliamentary majority. https://www.cnbc.com/2024/06/03/cnbc-daily-open-nvidias-new-chip-gamestop-soars.html
from Bloomberg Markets https://ift.tt/2LBMR39
Investors braced for further upheaval in South Africa’s financial markets in the wake of last week’s elections that produced no outright winner, with the outcome of ongoing coalition talks remaining highly uncertain. from Bloomberg Markets https://ift.tt/vsktTo7
OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year. Bloomberg News’ Anthony DiPaola discusses with Joumanna Bercetche on Horizons Middle East & Africa. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/DW2y9hb