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  • ✇Bloomberg Markets
  • Xi Sending Strong Signal on Taiwan, China Adviser Says
    Fudan University's Wu Xinbo, an adviser to China's Foreign Ministry, says President Xi Jinping's statement on Taiwan during a summit with President Donald Trump was a strong and direct message urging Washington to halt arms sales and explicitly oppose the island's independence. (Source: Bloomberg)
     

Chinese Steel Mill Profitability at Highest Level Since August

15 May 2026 at 03:34
China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.

A worker walks past molten steel at a steel factory in Huai'an, in China's eastern Jiangsu province on July 22, 2025. (Photo by CN-STR / AFP via Getty Images) / China OUT

Korea’s Kospi Races From 7,000 to Record 8,000 in Seven Sessions

15 May 2026 at 02:46
South Korea’s benchmark stock index briefly breached the 8,000 mark for the first time on Friday, just seven sessions after it reached the 7,000 milestone.

The Kospi index displayed at the Korea Exchange (KRX) in Seoul, South Korea, on Wednesday, Nov. 5, 2025. South Korea's equity benchmark staged a sharp rebound in the afternoon as retail investors saw the selloff as an opportunity to add exposure to one of this years top-performing global markets.
  • ✇Bloomberg Markets
  • Why Stock Rally Is Losing Momentum
    A record-breaking global stock rally driven by AI optimism stalled in Asia on Friday, with sentiment souring across assets as global yields rise. Bloomberg Markets Live Executive Editor Mark Cudmore explains. (Source: Bloomberg)
     

India’s Growing Rupee Defense Reassures Stock Bulls

15 May 2026 at 02:42
Nation is also mulling a steep cut in the taxes paid by foreign investors on its bonds .

500 rupee banknotes counted by a cash counting machine at a currency exchange in New Delhi, India, on Saturday, Aug. 30, 2025. The Indian rupee slumped to a record low versus the dollar on concern that 50% US tariffs will hurt the country’s economic growth and corporate earnings. Photographer: Prakash Singh/Bloomberg

JPMorgan Hikes Taiex Bull-Case Target to 50,000 on AI Buildout

15 May 2026 at 02:17
JPMorgan Chase & Co. raised its targets for Taiwanese stocks for the second time in less than a month, recommending the market as “the most pure-play exposure to the global AI buildout.”

JPMorgan Chase & Co. signage outside an office building in New York, US, on Thursday, April 9, 2026. JPMorgan Chase & Co. is scheduled to release earnings figures on April 14.

Trump Says China’s Xi Likes the Idea of Buying More Oil From US

15 May 2026 at 02:07
President Donald Trump said his Chinese counterpart Xi Jinping likes the idea of buying more US oil, as the leaders meet in Beijing.

BEIJING, CHINA - MAY 14: U.S. President Donald Trump reviews an honor guard with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. President Trump is meeting with President Xi Jinping in Beijing to address the Iran conflict, trade imbalances, and the Taiwan situation while establishing new bilateral boards for economic and AI oversight. (Photo by Kenny Holston-Pool/Getty Images)
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