Global Commodity Financial News

Trump Announces First US Fatalities of Iran Operations
The US said it suffered its first casualties in the war with Iran, as three US service members were killed and five “seriously wounded” during operations against the Islamic Republic. President Donald Trump addressed the fatalities and gave an update on combat operations Sunday in a video posted on his Truth Social platform. (Source: Bloomberg)
Short-Term Japan Bonds Hold Allure for Bank Managing $17 Billion
One of Japan’s largest regional banks is testing the country’s choppy bond market by investing in shorter-term notes to secure higher returns, while avoiding longer-dated securities as interest rates rise.
Magellan to Buy Barrenjoey in $1.1 Billion Deal for Bank
Magellan Financial Group Ltd. agreed to buy Barrenjoey Capital Partners in a deal that values the upstart Australian investment bank at about A$1.62 billion ($1.1 billion).
Energy In Focus as Global Equity Traders Brace for Iran Impact
Traders braced for a volatile and risk-off open to the week for global stock markets after the US and Israel attacked Iran, with the focus turning to energy and defense companies as potential havens amid expected losses in airlines and other consumer sectors.
Dollar, Bonds Rally as Traders Absorb War Impact: Markets Wrap
The escalating Mideast war is testing global market resiliency anew as investors brace for the open of stock, bond and energy markets Sunday evening in New York.
South African Budget Chief Resigns After Helping Stabilize Debt
The head of South Africa’s budget office resigned last week, after helping the National Treasury stabilize public debt.
Oil Market’s ‘Worst Fears’ Are Here as Gulf Conflict Hits Hormuz
The oil market’s nightmare scenario came true this weekend. Now the race is on to deal with it.
UAE Stock Markets to Close for Two Days Amid Iran Strikes
The United Arab Emirates said its two key markets will close for two days of the week, avoiding a possible meltdown after the Gulf country was repeatedly hit as Iran retaliated against US-Israeli airstrikes.
Lloyd Blankfein on the Risks of Private Credit
“When you're dealing with opaque illiquid assets like credit, that's a place that one would clearly have to look.” Former Goldman Sachs CEO Lloyd Blankfein and Bloomberg’s David Gura discussed the risks of private credit and being cautious when dealing with investors’ money. Subscribe to the Big Take podcast on Apple Podcasts, Spotify or iHeart. (Source: Bloomberg)
Lloyd Blankfein on Kathy Ruemmler’s Ties to Jeffrey Epstein
Goldman Sachs’s former CEO Lloyd Blankfein sits down with David Gura, host of the Big Take Podcast and Bloomberg This Weekend, to talk about the risks of private credit, what he thinks about Goldman's reaction to its former top lawyer, Kathy Ruemmler's ties to Epstein and how he thinks companies – and executives – should and shouldn’t engage with politics. Subscribe to the Big Take podcast on Apple Podcasts, Spotify or iHeart. (Source: Bloomberg)