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Tuesday, May 5, 2026

Daily edition · 2026-05-05 · 19 stories

May 4, 2026 May 6, 2026

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Edwards' returns sparks Wolves in Game 1 stunner

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Hall's OT goal propels Hurricanes to 2-0 lead

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Down 2-0, Flyers won't give up: 'Been dead before'...

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Takeaways: Timberwolves steal Game 1 in San Antoni...

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Boone: Sterling a 'giant' who 'did it his own way'...

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Copper Drops as Iran and US Trade Fire in Gulf, Testing Truce

Copper fell after the US and Iran exchanged fire in the Persian Gulf on Monday, casting doubt over the fate of a ceasefire and raising concerns about further escalation in the conflict that’s upended global markets.

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FTSE 100 Set to Drop on Renewed Iran Tensions

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Amb. Jordan: Flareup Could Mean US-Iran on Cusp of Deal

The US and Iran exchanged fire in a flareup of violence that also drew in the UAE, prompting calls for renewed strikes on Iranian targets and casting doubt on the fate of a four-week ceasefire.

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HSBC Misses Estimates on Fraud Charge, Economic Risks

HSBC reported profit that missed estimates, weighed down by an unexpected UK fraud-related charge and rising economic risks stemming from the conflict in the Middle East.

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Stocks Drop on Renewed Iran Tensions, Dollar Gains: Markets Wrap

Stocks pulled back from record highs and the dollar strengthened after the US and Iran exchanged fire, escalating Middle East tensions and fueling inflation concerns.

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BlackRock Touts ETFs as Liquidity Antidote to Private Exposure

Exchange-traded funds can be the source of liquidity that retail investors need after ramping up exposure to private assets, BlackRock Inc.

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Malaysian Minister Calls for Update on ‘Corporate Mafia’ Probe

A Malaysian minister urged the country’s police chief to clarify the status of investigations into allegations a network of businessmen was colluding with anti-graft agency officials to oust executives.

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Regis to Buy Vault Minerals to Form $7.7 Billion Gold Miner

Australian gold miner Regis Resources Ltd.

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Go-Anywhere Bond Funds Stage a Comeback as Flexible Bets Pay Off

After being “out of vogue” for years, Ariel Bezalel says his bond strategy is back in the spotlight.

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US and Iran Trade Fire in the Gulf, UAE Intercepts Missiles

The US and Iran exchanged fire in the Persian Gulf in a flareup of violence on Monday that also drew in the United Arab Emirates.

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Indonesia Intervenes in Markets as Rupiah Sets New Record Low

Indonesia’s central bank intervened in the foreign-exchange markets as the rupiah set a new record low.

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Iran Draws a Line and Puts Markets on Notice

Clash in Gulf sends Brent, inflation expectations to landmark highs.

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Yotta Data Said to Hire Advisors for $900 Million India IPO

Yotta Data Services Pvt.

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Markets on Edge as US, Iran Trade Fire in Gulf | The Asia Trade 5/5/2026

"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia.

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Ships Cluster Further From Hormuz Strait as Iran Widens Control

Hundreds of vessels were seen clustering near Dubai on Tuesday, as more ships moved away from a still-empty Strait of Hormuz in response to Iran’s efforts to widen its area of control.

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Alabbar: Dubai Property Market Resilient

Emaar Properties Founder Mohamed Alabbar says that Dubai’s property market remains resilient despite regional tensions, citing strong buyer confidence and stable collections across customers.

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Oil Edges Lower Following Spike With Hormuz Stalemate in Focus

Oil edged lower, paring Monday’s gain, as traders tracked tensions in the Middle East after fresh clashes between the US and Iran.

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Indian Rupee at Record Low as Analysts Dust Off 2013 RBI Playbook

The Indian rupee fell to a record low as crude prices rose following a flare-up in violence in the Middle East, leading analysts to consider whether the central bank may return to its 2013 playbook to support the currency.

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Indonesian Growth Surges to 5.6% Despite Iran Energy Crisis

Indonesia’s economic growth accelerated to a three-year high in the first quarter, as a record increase in government spending helped support consumers in the face of a global energy crisis.

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Down 2-0, Flyers won't give up: 'Been dead before'...

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Takeaways: Timberwolves steal Game 1 in San Antoni...

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08

Boone: Sterling a 'giant' who 'did it his own way'...

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