UK, US Strike Yemen, China Stock Market Rescue Plan & BoJ Holds

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) The US and UK launched new airstrikes against eight Houthi targets in Yemen on Monday, the latest salvo in an allied effort to stop the group from harassing commercial shipping in the Red Sea. (2) Despite a flailing economy and political rifts, Israelis are mobilizing against what they see as an existential threat. (3) China's considering a 2 trillion yuan ($278 billion) package to stabilize the stock market mainly through the Hong Kong exchange link, people familiar said. (4) The Bank of Japan kept investors guessing over when it will shift policy after sticking with its negative interest rate for now while indicating it is getting more confident about hitting its long-sought inflation goal. (5) Bill Gross has some advice for the Fed: Stop winding down its balance sheet and start cutting rates (6) Moody's Analytics has found 21 million "red flags" associated with shell companies. For instance, more than 2,200 companies have directors aged 123 years and above. See omnystudio.com/listener for privacy information.