Bloomberg Top News

Israel’s military said it struck Hamas targets in Gaza overnight and hit Hezbollah assets in response to fire from Lebanon, where the Iran-backed group is based.

Chinese stocks erased all the gains seen during their massive reopening rally that took off late last year, as persistent concerns about the health of the property sector help drive an unprecedented foreign outflow from the onshore market.

Indraprastha Gas Ltd., India’s largest city gas distributor by revenue, is heading for its worst day in more than three years after Jefferies and Morgan Stanley downgraded the stock following a new electric vehicle policy in the national capital.

Economists raised their US growth projections through early 2024 and trimmed recession odds to a one-year low as consumers continue to spend.

The US’s top diplomat in China called on President Xi Jinping’s government to denounce terrorism by Hamas, citing Beijing’s stance toward the group as yet another challenge in fraught ties between the world’s biggest economies.

Bank of England Governor Andrew Bailey hinted policy makers can’t let up yet in their fight against inflation even as signs amassed that the UK economy is weakening.

China continues efforts to modernize, diversify and expand its nuclear arsenal, with about 500 operational warheads today and more than 1,000 likely by 2030, the Pentagon said.

Intensifying Chinese pressure on Taiwan is prompting some equity investors to buck the trend and exit Taiwan Semiconductor Manufacturing Co.

UBS Group AG is poised to start its next wave of job cuts at Credit Suisse, this time targeting about 10% of support staff, likely in areas such as compliance, risk and marketing, Financial News reported.