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The Iran war's economic blowback is getting real - Axios
As oil prices surge, recession odds nearly doubled this month.
Japan’s Stagflation Risk Mounts With $100 Oil and Sagging Yen - Bloomberg.com
The surge in oil prices combined with a sagging yen raises the risk that Japan will slide into stagflation, prompting the government to ramp up fiscal spending while complicating the central bank’s mission to normalize its policy settings.
[Ad hoc announcement pursuant to Art. 53 LR] Roche provides update on phase III persevERA study in ER-positive advanced breast cancer - Roche
persevERA Breast Cancer study did not meet the primary objective of a statistically significant improvement in progression-free survival, but a numerical improvement was observed Giredestrant plus…
Saudis Offer Crude on Spot Market as War Disrupts Supplies - Bloomberg.com
Saudi Aramco has offered prompt crude supply through a series of rare tenders, as the effective closure of the Strait of Hormuz traps shipments and forces a rerouting of flows via the Red Sea.
China’s OpenClaw-Tied Stocks Rise on Policy Support, Adoption - Bloomberg.com
Chinese software shares surged Monday after local government agencies joined tech leaders such as Tencent Holdings Ltd. in promoting viral AI software OpenClaw, spurring hopes of a fresh wave of sectoral development.
World shares tumble as Iran war pushes crude prices over $110 a barrel - AP News
Japan’s benchmark Nikkei 225 index plunged more than 5% after oil prices soared to well over $100 a barrel due to disruptions from the war in the Middle East. South Korea’s Kospi sank 6.2% and other Asian benchmarks also tumbled. Crude prices have jumped more…