Activist Elliott takes multibillion-dollar stake in Synopsys, source says
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South Korea’s Early Exports Show Resilience Despite Iran Turmoil
(Bloomberg) — South Korea’s export growth maintained momentum in early March, signaling resilient demand even as surging energy prices and renewed trade uncertainty cloud the outlook for global demand. Read More
Oil’s Surge Forces Latin America to Overhaul Its Energy Policies
(Bloomberg) — Latin American governments are launching a sweeping realignment of energy and fiscal policies, warning that the surge in oil prices from the Iran war threatens regional stability. Read More
Oil Declines as Trump’s Hormuz Ultimatum Fails to Stir Traders
(Bloomberg) — Oil turned lower after an initial small gain, as investors assessed President Donald Trump’s ultimatum to Iran to reopen the Strait of Hormuz and Tehran’s threat of more reprisals in the Middle East war. Read More
US Stock Futures Fall, Oil Swings in Volatile Open: Markets Wrap
(Bloomberg) — Financial markets got off to a volatile start on Monday, with US equity-index futures and crude oil getting whipsawed as the war in Iran entered a fourth week with no sign of de-escalation. Read More
Fed’s Schmid Says More Cuts Could Drive Inflation Pressures
(Bloomberg) — Federal Reserve Bank of Kansas City President Jeff Schmid said additional interest-rate cuts could do more to ingrain higher inflation than shore up the labor market. Read More