Bloomberg Daybreak

Long-time bond investor Chris Iggo is retiring with a parting message for markets: after four difficult years, bonds are set for a rebound.

Japan’s two-year government bond yield is closing in on the key 2% threshold as investors ramp up bets on further Bank of Japan rate hikes.

Copper and other base metals retreated ahead of a weeklong holiday in China, as traders assessed the country’s demand outlook following slower growth in industrial profits.

SK Hynix Inc. shares fell as media reports of a potential listing of the chipmaker’s US subsidiary added to concerns over its complex ownership structure.

Historical performance, technical indicators point to a potential rebound.

Global fund managers are dialing back their long-running retreat from Chinese stocks, drawn by AI prospects and favorable valuations.

UK police are investigating a potential terrorism incident after five men were arrested near an air base used in US strikes on Iran. (Source: Bloomberg)

GoTo Group shares tumbled after Indonesia’s stock exchange eliminated its 50-rupiah price floor, unleashing pent-up selling pressure from investors who had been unable to exit at the mandated minimum price.

The selloff in the US bond market deepened on Monday after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, threatening to prolong the war’s energy shock.

HSBC Holdings Plc is aiming to challenge India’s private-sector banks, betting that the country’s swelling pool of affluent customers and globally connected citizens can fuel its next phase of growth as it pushes deeper into smaller cities.

Seoul demanded an official apology and explanation from Kyiv, accusing Ukraine of violating an agreement to keep confidential the transfer of North Korean prisoners of war to South Korea.

Nomura North Asia CIO Julia Wang believes the US economy remains resilient enough to absorb additional rate hikes without tipping into a recession. She cites strong consumer spending, ongoing AI capital expenditure, and loose fiscal policy as key drivers supporting growth. (Source: Bloomberg)

US Ambassador to China David Perdue has stated that Washington’s Taiwan policy remains unchanged following high-level talks between Donald Trump and Xi Jinping, despite hopes from Beijing to limit support for Taipei. (Source: Bloomberg)

Japanese Finance Minister Satsuki Katayama says rising bond yields partly reflect capital demand for the global AI infrastructure rollout, warning that this boom will not last forever. (Source: Bloomberg)

Gold sank to its lowest in more than seven weeks as the standoff between US and Iran over the Strait of Hormuz kept energy costs elevated and reinforced pressure on the Federal Reserve for more interest-rate hikes.

The Malaysian ringgit may be poised for gains as higher oil prices and the artificial-intelligence boom provide tailwinds for the currency, strategists say.

Ingenia Communities Group will assess a a new, higher takeover bid from private equity group Warburg Pincus and its affiliates, the company said Monday.

J.C. Bamford Excavators Ltd. said that George Bamford will become joint chairman alongside his father, marking the first change at the top of one of the UK’s biggest private companies in more than 50 years.

A standoff between the US and Iran spurred oil-market volatility, dragging down stocks and bonds on concerns that potential inflationary pressures could trigger Federal Reserve rate hikes.

Oil ticked higher as strong demand for physical barrels collided with easing supply disruptions in the Middle East and progress toward reopening the Strait of Hormuz, though repeated false starts have left traders skeptical.