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Two More Oil Tankers Attacked Near Strait of Hormuz
Two more tankers were attacked near the Strait of Hormuz on Sunday, one in Hormuz and the other off ...
Asian shares are mixed and oil prices fall about $1.50 as Trump says US will buy diesel from Russia
BANGKOK (AP) — Asian shares were mixed and oil prices fell about $1. President Donald Trump’s plan t...
‘Worrying omens’ lurk over global economy despite resilient growth
Research for the FT shows major economies are withstanding the Iran shock but concerns about rising ...
China’s Car Sales Slump as Gasoline Demand Craters
Car sales in China fell by 21.5% in April, driven by lower demand for gasoline-powered vehicles amid higher fuel prices. EV demand failed to offset the drop in internal combustion engine vehicle sales ...
Fed: Extended pause before late 2026 cut – UOB
UOB’s Alvin Liew expects the Federal Reserve (Fed) to keep policy on hold for an extended period in 2026, with only one 25-basis-point cut pencilled in for 4Q26. The shift from earlier expectations of ...
Forex Today: Cautious start to week as US President Trump rejects Iran proposal
Here is what you need to know on Monday, May 11:
European equities muted with no signs of resolution to Middle East conflict
Elevra Lithium to divest Ewoyaa project stake to Huayou Cobalt for $71M
Memory crisis: How AI is disrupting console gaming
Memory prices have experienced an unprecedented surge in recent years, creating mounting pressure across the consumer electronics industry and particularly within the gaming hardware sector.
New Zealand Dollar hesitates around 0.5950 amid geopolitical uncertainty, higher Oil prices
The New Zealand Dollar (NZD) is trading below Friday’s highs against the US Dollar (USD) on Monday. Still, the NZD/USD pair holds within previous ranges, above the late April highs, in the 0.5930 area ...
UK, France to host meeting on mission to restore Hormuz shipping - report
US Dollar Index gives back some early gains, US CPI data awaited
The US Dollar (USD) surrenders half of its early gains during the European trading session at the start of the week, with the US Dollar Index (DXY) dropping to near 98.00 from the intraday high of 98. ...
Dow Jones futures slip on fading Middle East peace hopes
Dow Jones futures lose 0.12%, trading near 49,630 during the early European hours on Monday, ahead of the United States (US) regular opening. Meanwhile, the S&P 500 decline 0.10% to near 7,410, and th ...
USD/CHF Price Forecast: Sticks to gains below 0.7800 on firmer USD; bearish bias persists
The USD/CHF pair attracts some buyers at the start of a new week and reverses Friday's decline to the 0.7760 area, or its lowest level since March 10. Spot prices, however, struggle to capitalize on t ...
Markets Fall After Trump Slams Iran Peace Proposal. Stock Futures Slip, Oil Soars.
Stocks looked set to slide on Monday after President Donald Trump blasted Iran’s response to a U.S. peace proposal, which drove up oil prices and made investors feel a little more on edge about the co ...