Asia stock markets hit record highs on AI boom as yen surges and oil prices fall
Global markets rallied after Donald Trump signalled progress toward a potential agreement with Iran, easing fears around the Strait of Hormuz, a key route...
China Iran diplomatic talks begin in Beijing as Gulf tensions test fragile ceasefire
Chinese Foreign Minister Wang Yi has begun high level talks in Beijing with his Iranian counterpart Abbas Araqchi at a time of rising tensions...
China Fireworks Factory Explosion Kills 26 in Hunan as Xi Orders Investigation
A powerful explosion at a fireworks manufacturing facility in Liuyang has killed at least 26 people and injured dozens more, according to Chinese state...
How Trump’s Oil Strategy May Have Broken OPEC and Destabilized Markets
For decades, the Organization of the Petroleum Exporting Countries has acted as the central stabilizing force in global oil markets, carefully adjusting production to...
U.S. Moves Warships Into Gulf, Sends Two Destroyers Through Strategic Strait
The U. S. military announced that two Navy guided-missile destroyers entered the Gulf to counter an Iranian blockade, while two U. S. ships passed...
US Stock Futures Mixed as Iran Tensions and Oil Risks Weigh on Market Sentiment
U.S. stock index futures showed a mixed performance at the start of the week as investors remained cautious amid escalating tensions between the United...
Eurozone Factories Stockpile Raw Materials as Middle East War Dampens Confidence
Manufacturing activity across the Eurozone showed mixed signals in April. While production and new orders increased, underlying business confidence weakened sharply due to uncertainty...
US Transfers Crew from Seized Iranian Vessel to Pakistan in Confidence Building Move
Tensions between the United States and Iran remain high following months of military confrontation and maritime disputes. The latest incident involves the Iranian flagged...
Iran Threatens Action as US Plans Move to Free Ships in Hormuz
Donald Trump announced that the United States will help ships stuck in the Strait of Hormuz after weeks of conflict linked to the Iran...
US Moves to Free Trapped Ships as Tensions Rise in Strait of Hormuz
Donald Trump said the United States will help ships stuck in the Strait of Hormuz after weeks of conflict linked to the Iran war.
Many...