Iran Releases Tanker It Seized From the Strait of Hormuz

Singapore Prime Minister Lawrence Wong discussed US-China relations, tensions with Japan, and the concept of a wealth tax during an interview with Bloomberg's John Micklethwait at the 2025 New Economy Forum in Singapore. Wong's insights reflect the complexities of international diplomacy and economic policy in the current global landscape.

An oil tanker seized by Iranian forces last week has been released, but its cargo is missing, according to the vessel's manager. This incident highlights ongoing tensions in the region and raises concerns about the security of maritime operations.

At the 2025 Bloomberg New Economy Forum in Singapore, leaders from the public and private sectors, including H.E. Helene Budliger Artieda, Merit E. Janow, David Li, and H.E. Prudence Sebahizi, discussed the complexities of global trade. They addressed challenges such as tariffs, protectionism, and the increasing influence of artificial intelligence on trade dynamics. The conversation, moderated by Bloomberg's Shery Ahn, highlighted the need for adaptive strategies in an evolving economic landscape.

James McGregor, Chairman of APCO Worldwide's Greater China division, stated that China holds a significant advantage in trade negotiations with the United States due to its strong investments in innovation and its dominance in global supply chains. McGregor shared these insights during an interview on 'Bloomberg: The China Show' at the Bloomberg New Economy Forum held in Singapore.

Iranian nuclear experts have reportedly conducted a second covert meeting with a Russian weapons institute. The U.S. government claims that this meeting is part of Tehran's ongoing efforts to acquire sensitive military technologies from Moscow. This development raises concerns regarding the potential strengthening of military ties between Iran and Russia, particularly in the context of international sanctions and geopolitical tensions surrounding Iran's nuclear program.

Davide Serra, CEO of Algebris Investments, warned at the Bloomberg New Economy Forum in Singapore that investors should reduce their allocations to leading technology companies. He expressed concerns about a potential significant correction in the market, particularly in the AI sector, suggesting that the current valuations may not be sustainable. Serra's remarks reflect a growing sentiment among investors regarding the volatility and risks associated with technology stocks.

Ravi Menon, Singapore's Ambassador for Climate Action, and Marc Rowan, CEO of Apollo Global Management, discussed structural changes in the financial system aimed at enhancing capital-flow efficiency and addressing the risk/return disparity across global markets. This conversation took place during the 2025 Bloomberg New Economy Forum in Singapore, moderated by Erik Schatzker.

Tom Orlik, Chief Economist at Bloomberg Economics, presented 'Three Cycles of Time: A Guide to the New World Disorder' at the 2025 Bloomberg New Economy Forum held in Singapore. The presentation focused on the evolving global economic landscape and the challenges posed by geopolitical tensions and market fluctuations. Orlik's insights aim to provide a framework for understanding the complexities of the current economic environment.