Asian stocks slumped to a two-week low as the tech sector came under renewed pressure after a selloff in Apple’s shares and a report that OpenAI may delay its initial public offering soured sentiment. Also on the show: A ship was hit by an unidentified projectile in the Strait of Hormuz, marking a setback to efforts to restore traffic through the vital energy thoroughfare; Oil Heads for a weekly loss after ship attack clouds Hormuz outlook; How oil bosses ended up on trial for complicity in war crimes; Johannesburg’s finances are running on fumes. Guests include: Eugenia Victorino, SEB Asia Strategy Head; Matt Stanley, Kpler Market Engagement Head.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:01:40 – Tech selloff jolts Asian stocks
00:05:33 – Ship attack clouds Hormuz outlook
00:09:22 – Eugenia Victorino, SEB Asia Strategy Head
00:16:28 – Apple shares sink after price hikes
00:27:45 – Matt Stanley, Kpler Market Engagement Head
00:35:43 – Bloomberg Big Take: How oil bosses ended up on trial for complicity in war crimes
00:40:43 – Johannesburg’s finances reach breaking point
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