World

BlackRock files for Nasdaq-100 fund, expanding competition with Invesco

BlackRock has filed for an exchange-traded fund that will track the Nasdaq-100, in a challenge to Invesco's dominance in a market where only a handful of funds directly follow the

NY Fed says March supply chain pressures highest since start of 2023

Supply chain pressures heated up in March to levels last seen at the start of 2023, data released by the Federal Reserve Bank of New York said on Monday.

Hormuz closure divides the fortunes of Middle Eastern oil states

The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia,

US service sector cools in March, inflation heating up amid Iran war

U.S. services sector growth slowed in March, while prices paid by businesses for inputs increased by the most in more than 13 years, an early

South Korea says 'credible intelligence' indicates North Korean leader's daughter is successor

South Korea's spy agency now believes North Korean leader Kim Jong Un's teenage daughter has been positioned as his successor, lawmakers said on Monday,

Israeli strike kills Christian party official in Lebanon, sharpening divides over Hezbollah

An Israeli strike on an apartment east of Beirut late on Sunday killed a local official from a Christian political party,

Oracle hires Schneider Electric's Maxson as CFO amid AI spending boom

Oracle on Monday named Hilary Maxson as its chief financial officer, tapping an executive with deep experience in infrastructure and energy as it ramps up

Rules of war must be respected in words and action, ICRC president says

The president of the International Committee of the Red Cross on Monday urged governments to respect the rules of war in word and deed after U.S.

Latam currencies gain as markets balance Iran escalation and ceasefire chances

Most Latin American currencies advanced on Monday, while stocks were mixed after reports of progress on a ceasefire between the U.S. and Iran helped revive risk

Nevada judge extends ban on Kalshi operating prediction market in state

A Nevada judge on Friday extended a ban on prediction market operator Kalshi from offering

US Democratic lawmakers visit Cuba, call on Trump to "bring the rhetoric down"

Two Democrats from the U.S.

ECB's Stournaras says euro zone monetary policy will depend on size of energy disruption

European Central Bank policymaker Yannis Stournaras said on Monday that the appropriate euro zone monetary policy will depend on the size and nature of energy supply

Four killed in Israel's Haifa after Iranian missile strike

Four people were killed in the Israeli port city of Haifa after what Israeli media said was an Iranian missile strike that hit a residential building late on Sunday.

New Jersey cannot regulate Kalshi's prediction market, US appeals court rules

A federal appeals court ruled on Monday that New Jersey gaming regulators cannot prevent Kalshi from allowing people in the state to use its prediction market to

USOPC 'closely monitoring' reaction to Wasserman but sidesteps questions about his LA28 leadership

The chair of the U.S. Olympic and Paralympic Committee answered a question about Casey Wasserman’s future as the head of the LA Olympics organizing committee by saying the committee has shared its concerns with LA’s board

Ukraine missile maker targets 'game changer' air defence system by 2027

Fire Point, maker of Ukraine's Flamingo cruise missile, is in talks with European companies to launch a new air defence system by next year, a senior

Trump says Iranians should rise up against government if ceasefire declared

U.S.

Ukraine's Zelenskiy says he stands by ceasefire proposal to Russia

Ukrainian President Volodymyr Zelenskiy said on Monday that he stood by a proposal made to Russia for a ceasefire contingent on Moscow halting all attacks on energy infrastructure.

Venezuela's government, opposition may cooperate to safeguard US assets

Venezuela's government and its political opposition are seeking to coordinate their legal defense of the oil-rich country's United States assets, after

Oil rises in choppy trade; US, Iran rhetoric heats up

Oil prices climbed in choppy trade on Monday, as the U.S. and Iran ratcheted up their rhetoric even as the two countries are engaging in indirect talks that could lead to

US-Iran talks continuing, but strikes on Saudi Arabia may derail effort, say sources

Talks between the United States and Iran were at risk of being derailed following Tehran's attacks on Saudi Arabian industrial

Trump says Iran could be 'taken out' on Tuesday, Hegseth says major strikes to come

U.S.

US jobless claims fall last week as layoffs remain low despite global economic uncertainty

U.S. applications for unemployment benefits fell last week, remaining in the range of the past few years even as the war in Iran continues to threaten the global economy

US warns that buyers of Iranian oil could be hit with sanctions 

The United States on Wednesday threatened to sanction buyers of Iranian oil and said it believed China would pause such

IMF says Bank of Japan can see through inflationary shock from Iran war

The Bank of Japan can see through inflationary pressures from the war in the Middle East as any second-round effects on broader prices will be limited,

Norway's sovereign wealth fund has no plans to reduce US assets, finance minister tells FT

Norway's $2.1 trillion sovereign wealth fund, the world's ​largest, does not intend to shed U.S. assets despite concerns over the Middle East war and mounting U.S. debt, Finance

Mark Mobius, 'Indiana Jones of emerging markets,' dies at 89

Mark Mobius, widely credited as a pioneer in emerging markets investing, died on Wednesday at the age of 89, according to a statement on his

Foreigners boost US Treasury holdings to record highs in February

Foreign holdings of Treasuries climbed to a record high in February, data showed on Wednesday, rising for a second month in a sign of strong

Brazil to count 39% of court-ordered debt inside 2027 fiscal target

Brazil's government will count 39.4% of court-ordered debt payments due in 2027 within its fiscal target, budget guidelines submitted to Congress on Wednesday showed,

Ukraine official expects US-Ukrainian investment fund to approve second project in summer

Ukraine's deputy economy minister said on Wednesday he expects the Ukraine-U.S. joint reconstruction fund to approve a second investment project, likely in the energy

Aerospace parts maker Arxis raises $1.13 billion in US IPO

Aerospace parts maker Arxis said on Wednesday it raised $1.13 billion in its U.S. initial public offering after pricing shares at $28 each.

Australia's jobless rate stays low in March but Iran war risks loom

Australian employment rose broadly in line with expectations in March, while the jobless rate stayed low, but a war-driven global energy shock could test the labour

China's Q1 GDP grows 5.0% y/y, tops market forecast

China's economy grew 5.0% in the first quarter from a year earlier, official data showed on Thursday, beating analysts' expectations as policymakers brace for the fallout

South Korea, Vietnam leaders to meet in Hanoi next week, sources say

Vietnam's president To Lam is set to meet his South Korean counterpart Lee Jae Myung in Hanoi next week, five people familiar with the matter said.

Elliott takes stake in Japan's Daikin, calls for higher returns

Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and

US Senate Republicans back Trump military sales to Israel

The U.S.

Mamdani, Hochul propose tax on New York second homes worth more than $5 million

New York State Governor Kathy Hochul proposed on Wednesday a new tax on second homes worth

Goldman Sachs rates business hit by Iran war volatility, sources say

Goldman Sachs' rates business suffered losses on some positions towards the end of the last quarter as fixed-income market volatility due to the Iran war

Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford Motor, the

Thailand central bank cuts 2026 growth, says no limits to worst-case scenarios if war continues

Thailand faces slower growth this year due to the Iran war and there are almost "no limits" to worst-case economic scenarios if the conflict continues,

Foreign investors flee Thailand as Iran war, energy shock dash hope for economic revival

Foreign investors are selling Thai assets as an energy shock from the U.S.-Israeli war on Iran threatens to snuff out hopes for

Former Brazil spy chief freed in the US after ICE detention, ally and source say

Former Brazilian intelligence chief Alexandre Ramagem was freed from immigration detention in the United States on Wednesday, according to an ally of former

US Supreme Court's Sotomayor apologizes to Justice Kavanaugh for 'hurtful' comments

U.S.

More Japanese firms say no to rate hikes as Iran war clouds outlook: Reuters poll

The number of Japanese firms that do not want the Bank of Japan to raise interest rates has risen sharply since the start of the year as the Iran war

BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll

The Bank of Japan will raise its benchmark rate to 1.00% by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a

European banks can withstand current shocks, watchdog head says

European lenders are resilient enough to absorb current financial and geopolitical shocks but need to prepare for future uncertainties including

Instant View: China's Q1 growth beats forecast as economy braces for fallout from Iran war

China's economy expanded 5% in the first quarter compared with a year earlier, according to official data on Thursday, surpassing analysts' expectations even as policymakers

Japan, US agree to strengthen communication on exchange rates

Japan and the U.S. agreed to strengthen communication on exchange rates, Japanese Finance Minister Satsuki Katayama said after her meeting with U.S.

China's new home prices extend decline despite improvement in major cities

China's new home prices extended their decline in March, official data showed on Thursday, although major cities showed some

Chile's Kast unveils slew of reforms including corporate tax rate cut

Chile's new president, Jose Antonio Kast, unveiled on Wednesday details of a long-awaited reform package that includes cuts to the corporate tax rate,

US-sanctioned supertankers enter Gulf despite blockade

A second U.S.-sanctioned supertanker has entered the Gulf via the Strait of Hormuz, shipping data showed, despite a U.S. blockade on vessels visiting

German rescuers plan to use air cushions to save Timmy the stranded whale

Germans are preparing a rescue operation for a sick humpback whale stranded off the Baltic Sea coast

US strikes another vessel and kills 3 men it says were trafficking drugs in the Eastern Pacific

U.S. military forces have struck a vessel in the Eastern Pacific, killing three men the Pentagon says were trafficking drugs

ECB must be patient, even if adverse scenario may be materialising: policymaker

The euro zone economy may be moving towards the European Central Bank's adverse scenario but policymakers need to remain patient and not rush any

Ukraine says it downs 31 missiles, 636 drones in Russian attacks over past 24 hours

Ukraine's air force downed or neutralised 31 Russian missiles and 636 drones in attacks at the country over the past 24 hours, it said on Thursday.

Malaysia's Petronas to supply excess fuel to Australia as leaders vow closer energy ties

Malaysia Prime Minister Anwar Ibrahim said on Thursday that state energy firm Petronas would give priority to providing Australia with its excess fuel

How surging bond yields add to Europe's fiscal headaches

European bond yields have jumped during the U.S.-Israeli war on Iran, pushing up government borrowing costs and adding to the pressure on the

ECB may not have rate-hike evidence by April 30 meeting, policymaker says

The European Central Bank may not have all the data this month to determine if interest rates will have to be raised to tame an inflation surge and the June meeting

Truce trades ramp up as Trump touts Israel-Lebanon talks

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global equities are setting new records and the dollar is down for a ninth consecutive day to its weakest levels since

Nepal panel to probe property, assets of politicians and officials

Nepal's new government, led by rapper-turned politician Balendra Shah, has set up a panel to investigate the property and assets of past and present

China to retain ultra-long special bond tenors this year, sources say

China's finance ministry will keep this year's ultra-long special treasury bond issuance to 20-, 30- and 50-year maturities, the same as last year, people with knowledge of the

Circle CEO sees 'tremendous opportunity' for yuan-backed stablecoin

Circle Internet Group sees  "tremendous opportunity" for yuan-backed stablecoin as digital money becomes increasingly integrated into

China's Q1 economic rebound faces rough seas as Iran war jolts global outlook

China's economy picked up speed early in 2026, riding an export surge before the Iran war sent energy costs soaring and put global

Australia refinery fire worsens fuel supply crunch amid Iran war

A fire at the largest of Australia's two oil refineries has hit petrol production, company and government officials said

Danish Refugee Council warns 4 million more face displacement as aid drops

Over 4 million people are set to be newly displaced around the world by the end of next year as donors step back from providing life-saving aid, the Danish Refugee Council

Middle East war feeding uncertainty over Swiss economic outlook, SNB minutes show

Uncertainty over the economic outlook for Switzerland has risen due to the conflict in the Middle East and global developments pose the main risk for inflation, minutes of

China issues US safety alert for citizens citing 'malicious questioning' by US border officers

China's foreign ministry on Thursday issued a notice warning citizens of security risks traveling to the U.S. and advised citizens not to enter the country from the

Pernod CFO says talks with Brown-Forman are "ongoing"

Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday.

Bank of England's Bailey says 'not going to rush' judgements on rate rises, BBC reports

The Bank of England was "not going to rush to judgements" on interest rate rises, Governor Andrew Bailey told BBC News, as global central banks contend with an energy

EQT restarts sale of contact lens maker Ginko in at least $1 billion deal, sources say

Private equity firm EQT is restarting the sale process for the mainland Chinese business of contact lens maker Ginko International, targeting a valuation of

Dollar steady as traders weigh escalating Iran war against ceasefire hopes

The U.S. dollar was steady on Monday, while the yen flirted with the crucial 160 per dollar level, as investors took stock of the escalating Iran war, with

Hungarian state news staff push for editorial freedom as Magyar vows shake‑up

Over 90 journalists from Hungarian state news agency MTI have demanded the immediate restoration of impartial news coverage following election winner

Iran-US talks turn to interim deal amid rifts over nuclear work, Iranian sources say

U.S. and Iranian negotiators have scaled back ambitions for a comprehensive peace deal and are instead seeking a temporary

Prince Harry praises Australia's leadership on social media ban as Meghan tells of online bullying

Britain's Prince Harry on Thursday praised Australia's "epic" leadership on curbing harmful social media use for teens, as his wife Meghan, Duchess of

Peruvian markets stumble as Castillo-backed leftist gains ground

Peruvian markets have reacted nervously as left-wing congressman Roberto Sanchez gains ground in a tight presidential race, reigniting

South Korean President Lee to make state visits to India and Vietnam

South Korean President Lee Jae Myung will make a state visit to India, the first by a South Korean leader in eight years, before heading to Vietnam, a presidential adviser

UK economy surged ahead of Iran war, but energy shock to test resilience

Britain's economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had

Bulgarian election fraud in spotlight on eve of vote

There are many reliable ways to meddle in a Bulgarian election.

Turkey urges "constructive" U.S.-Iran talks to end war

Turkey said on Thursday it would continue supporting peace talks between the United States and Iran and called on the sides to be "constructive" in negotiations to end the

Gaza's war amputees short of prostheses under Israeli restrictions

Fourteen-year-old Fadel al-Naji used to be a keen footballer but is now largely confined to his home in

Can Iran legally impose tolls on the Strait of Hormuz?

Tehran has sought to tighten its grip over the Strait of Hormuz by charging tolls on vessels to ensure safe passage, in conjunction with Iran's Islamic

Former US Marine pilot loses appeal against extradition from Australia

A former U.S.

Hedge funds on track for best monthly returns in over a decade, Goldman says

Hedge funds are on track for their best monthly performance in more than

Samsung asks court to block illegal strike activities by unions

Samsung Electronics asked a court on Thursday to block its South Korean labour unions engaging in illegal activities during strike, a spokesperson said, as a wage dispute

German car buyers keen on Chinese EV maker BYD in first quarter, data shows

Chinese car brands such as BYD are gaining traction among German consumers who are increasingly looking to buy electric cars amid rising

US will punish fraud and insider trading, derivatives regulator tells Congress

Washington's top derivatives regulator on Thursday sought to reassure lawmakers the U.S. will punish fraud as concern mounts on Capitol Hill that

Pernod Ricard says Iran war to hit full-year sales despite Q3 pickup

Pernod Ricard warned on Thursday that full-year net sales will fall due to a decline in tourism in the Middle East amid the Iran war, even as it

Wall Street bank earnings in five charts as volatile markets take center stage

Major U.S. banks delivered a split picture this week, as Middle East-linked market volatility lifted trading in the first quarter but clouded dealmaking prospects.

Brazil's Lula assails Trump threats, says leaders should seek respect

Brazil's President Luiz Inacio Lula da Silva delivered a blunt critique of U.S.

South African opposition leader Malema gets jail sentence for firing gun

South African opposition leader Julius Malema was sentenced to five years in jail on Thursday for firing a rifle in the air at a rally

Russian strikes kill 17 across Ukraine in worst attack this year

Russia unleashed its deadliest attack so far this year on the Ukrainian capital Kyiv and other cities overnight, killing at least 17

In tough times, Russians are turning to witchcraft

Self-described witch Natalia Malinovskaya has a new client base: men fighting in eastern Ukraine, who, like a growing number of Russians, are drawn to the supernatural

Google should allow third-party search engines access to data, EU says

The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with

Iran war brings US close to net crude exporter for first time since World War Two

The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to

TSMC lifts revenue forecast, pledges more capital spending to meet AI chip demand

TSMC raised its annual revenue forecast on Thursday and said it was stepping up capital spending this year as the world's

Six-week roundtrip

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a dreary, war-filled six weeks, global stocks are once again

President Zelenskiy accepts Roosevelt award for Ukraine's fight for freedom

President Volodymyr Zelenskiy on Thursday held a moment of silence for victims of extensive overnight Russian air attacks as he

Harry and Meghan address toll of royal life, as duchess says she was the ‘most trolled person in the world’

Harry and Meghan address toll of royal life, as duchess says she was the ‘most trolled person in the world’

Travelers profit rises on stronger underwriting, lower catastrophe losses

Property and casualty insurance giant Travelers reported a jump in first-quarter profit, buoyed by robust underwriting gains and lower catastrophe losses than a

Bulgaria's pro-Russian former president leads election race on anti-graft ticket

In a grassy valley in rural southern Bulgaria, farmer Nikolay Vasiliev is desperate for change.

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher

JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push

Seeking signals from the noise

Wall Street and the Asian stock markets that were open ticked higher on Easter Monday, as investors shrugged off another rise in oil prices and

Trump threatens jail for reporter who revealed Iran airman rescue

U.S.

Israeli airstrike kills at least 10 near Gaza school as ceasefire strains

An Israeli airstrike killed at least 10 people and wounded several others outside a school housing displaced Palestinians on

Trump proposes to cut 9,400 TSA workers, $1.5 billion from budget

The White House is proposing to cut more than 9,400 workers and just over $1.5 billion from the 60,000-employee Transportation Security

Under global spotlight, Australia plays hardball on social media ban

Since Australia banned children from using social media in December, lawmakers from Spain to Malaysia have expressed interest in following suit, while U.S.

Equities gain, oil settles higher as investors watch US-Iran standoff

U.S. equity indexes closed modestly higher and U.S. oil futures settled above $112 per barrel on Monday as investors

Japan February household spending falls 1.8% year-on-year

Japanese household spending in February fell 1.8% from a year earlier, internal affairs ministry data showed on Tuesday, versus the median market forecast for a 0.7% fall.

UN expected to vote on watered-down Hormuz resolution on Tuesday

The U.N.

Air NZ hikes fares, cuts flights as fuel costs more than double on Iran war

Air New Zealand said on Tuesday it would slash flights across May and June as well as hike fares, as the Iran war disrupts global air travel and sends jet fuel costs higher.

Trump's shipping waiver does not boost oil flows within US; fuel exports soar

U.S.

Trump says Tuesday deadline to make a deal with Iran is final

U.S.

The modern Pompeii buried under tons of concrete

The modern Pompeii buried under tons of concrete

Trump seizes on rescue of downed airman to recast unpopular Iran war

President Donald Trump was on the verge of a crisis in the Iran war, faced with the rare instance of an American airman shot down and stranded deep

US crude premiums climb to record levels as Asia, Europe compete for supply

Spot premiums for U.S.

China's Xi urges faster development of new energy system as Middle East war continues

Chinese President Xi Jinping has called for accelerated planning and construction of a new energy system to safeguard the country's

Wall St ends higher as investors parse US-Iran negotiations, threats

U.S. stocks advanced on Monday as investors looked for signs of progress toward a U.S.-Iran ceasefire deal and evaluated President Donald Trump's

A breakthrough deal or a crude awakening?

A look at the day ahead in European and global markets from Ankur Banerjee: Markets are holding their collective breath as optimism over a possible deal to open the Strait of Hormuz clashes with the

South Korea says Pyongyang's response to drone apology marks progress in easing tensions

South Korea's Unification Ministry said on Tuesday that North Korea's rare conciliatory response to President Lee Jae Myung’s expression of regret over drone incursions

Iran rejects ceasefire as Trump ramps up threats ahead of deadline

Iran said on Monday it wanted a lasting end to the war with the U.S. and Israel, and pushed back against pressure to reopen the Strait of Hormuz, while U.S.

China targets Taiwan's chip prowess to evade global 'containment', Taipei government says

China is targeting Taiwan to obtain its advanced chip manufacturing technology and talent as a way of breaking through international "containment" of the country, according

Vietnam's top leader To Lam consolidates power, gets China-style mandate

Vietnam's lawmakers unanimously elected Communist Party Secretary General To Lam as the country's state president for the

Trump administration ends some civil rights settlements backing transgender students

U.S.

Ukraine's attack drone fleet faces a mini jet engine supply crunch

Specialist mini jet engine makers across Europe are ramping up production and investment to head off

Democrats see a chance to win back Latino voters in southern Florida

Republicans’ longstanding support among voters of Cuban and Venezuelan descent in South Florida, a cornerstone of the party’s regional success over the

South Africa private sector returns to growth but Iran war clouds outlook, PMI shows

South Africa's private sector returned to growth in March as faster output and hiring outweighed a slump in export orders and business confidence linked to the U.S.-

Key facts on relations as Taiwan opposition leader visits China

Taiwan opposition leader Cheng Li-wun arrived in China on Tuesday on what she says is a mission of peace, happening at a time Beijing has ramped up its military and political

Iraq could restore oil exports to pre-war level within a week if Hormuz reopens, Basra Oil chief says

Iraq could restore crude oil exports to around 3.4 million barrels per day within a week provided the Iran war ends and the Strait of Hormuz reopens,

Spain services sector grows but costs soar, confidence weakens amid war, PMI shows

Spain's services sector expanded faster in March but demand softened, costs rose at the fastest pace in nearly three years and confidence weakened amid the war in the

Italy service sector contracts for first time in 16 months, survey shows

Italy's service sector contracted in March for the first time in 16 months, a business survey showed on Tuesday, as domestic and foreign demand declined and costs surged in

Iran war jeopardizes U.S. global leadership, warns Italian minister

The Iran war has put U.S. global leadership on the line, Italy's Defence Minister Guido Crosetto said, expressing fear about the "madness" of nuclear escalation.

Vietnam's top leader To Lam wins state presidency, gets China-style mandate

Vietnam's lawmakers on Tuesday unanimously elected Communist Party Secretary General To Lam as the country's state

Kenya private sector activity shrinks for first time since August 2025

Kenya's private sector activity contracted in March for the first time since August, partly due to the war in the Middle East, with only the wholesale and retail sectors

‘Wait for death’: Inside Iran’s psychological war against its enemies

‘Wait for death’: Inside Iran’s psychological war against its enemies

German service sector growth slows to seven-month low, PMI shows

Business activity growth in Germany's service sector abruptly lost momentum in March as demand weakened amid fallout from the war in the Middle East, a survey showed on

Euro zone growth slows to nine-month low on surging costs, PMI shows

The euro zone's private sector expansion weakened sharply in March as the Middle East war drove up energy costs and disrupted supply chains, with overall demand - a key

Taiwan opposition chief arrives for China 'peace' mission, president calls for talks

Taiwan's opposition leader arrived in China on Tuesday for a "peace" mission and potential meeting with President Xi Jinping, as

Deal, delay or strike? Investors on edge as Trump's Iran deadline nears

Global markets have entered a period of heightened uncertainty ahead of a deadline set by U.S.

IEA chief: current oil and gas crisis worse than 1973, 1979, 2022 together

The current oil and gas crisis triggered by the blockade of the Strait of

France's services sector contracts in March as Middle East war hits demand, PMI shows

France's services sector contracted further in March as client spending weakened due to the war in the Middle East and caution among businesses in the run-up to last month's

Vietnam's top leader To Lam expands power, new PM elected

Vietnam's lawmakers on Tuesday unanimously elected Communist Party Secretary General To Lam as the country's state

Japan sees weakening economic momentum, early signs of war-induced pain

An index measuring the health of Japan's economy slid in February, government data showed on Tuesday, highlighting a soft spot in the economy even before it

Australia's most decorated soldier charged with war crimes

Australia's most decorated soldier was arrested on Tuesday and charged with five counts of war crimes relating to the killing of unarmed civilians while

Toronto home sales snap losing streak as lower prices entice buyers

Greater Toronto Area home sales rose for the first time in six months in March in a sign that reduced prices have lured more homebuyers into the market,

UK services firms report surge in costs, fading optimism as Iran war takes toll

Businesses in Britain's services sector reported the biggest month-on-month jump in costs in March since 2021, driven by higher energy and transportation

Middle East war means 'all roads' lead to higher prices, slower growth, IMF chief says

The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday,

Airline pilots must be given final say on flying in war zones, aviators' group says

Pilots must be given a "final and non-negotiable" say allowing them to refuse to fly over or within conflict zones without influence from commercial

Russia confirms deaths of 16 Cameroonians fighting in Ukraine war, Yaounde says

Cameroon said Russian authorities have confirmed the deaths of 16 Cameroonians fighting against Ukraine, the first time the Central African country has spoken about the

South Sudan's Kiir sacks parliament speaker and deputy

South Sudan President Salva Kiir has sacked the East African nation's speaker and deputy speaker of parliament, according to a decree read out in the parliament on Tuesday

UBS lowers 2026 S&P 500 target on Middle East conflict risks

April 7 - UBS Global Wealth Management trimmed its S&P 500 index target for 2026, pointing to sustained higher oil prices amid the ongoing Middle East conflict that could pressure U.S. economic growth

Final countdown?

What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Markets are once again held in suspense as traders count

Some firms in Saudi extend work from home ahead of Iran ultimatum

Some Western and Saudi firms in Riyadh have extended work-from-home advisories this week, five people familiar with the matter said, amid concern over a looming U.S.-imposed

Iran sets preconditions for talks on lasting peace with U.S., senior official tells Reuters

Iran has set preconditions for talks on a lasting peace with the United States, a senior official told Reuters on Tuesday, including an immediate halt to strikes, guarantees

Israel refrains from striking Lebanese-Syrian border crossing after mediation efforts, source says

The Israeli military has refrained from striking a key border crossing between Syria and Lebanon after both pressed the U.S. on the need to keep it open, a Lebanese source

ASML shares fall on US Congress plan to further restrict China exports

Shares of computer chip equipment maker ASML dipped on Tuesday, the first trading day after U.S. lawmakers last week proposed a law that could further restrict the

US remarks on NATO are pushing Europe to seek alternative security options, Spain says

Recent U.S. complaints about NATO allies and threats to quit the alliance are pushing European countries to seek alternative security

'At your service': Hungary's Orban offered help to Putin, Bloomberg reports

Hungarian Prime Minister Viktor Orban offered last year to help Russian President Vladimir Putin "in any way", such as by hosting a summit in Budapest to settle the war

Artemis II moon crew flies farther than humans have ever gone before

The four astronauts of NASA's Artemis II mission flew deeper into space on Monday than any humans before them, as they cruised through a

Fed's Williams says Middle East war will drive up inflation - Bloomberg

By Michael S.

Gunfight near Israeli consulate in Istanbul recalls Turkey's past militant attacks

An attacker was killed in a gun battle with police outside the building housing the Israeli consulate in Istanbul on Tuesday, according to authorities and Reuters

Puig, Estee Lauder founding families to meet for combination talks, source says

The founding families of the Spanish firm Puig, which owns such brands as Rabanne and Nina Ricci, and U.S. cosmetics giant Estee Lauder will meet this week in New York to

Wall St opens lower ahead of Trump's Iran deadline

Wall Street's main indexes opened lower open on Tuesday as investors assessed comments from the U.S. and Iran for any clues on where the conflict was headed, before President

US hits military targets on Iran's Kharg Island, Vance says no change to strategy

U.S. strikes on Iran's Kharg Island do not represent a change in American strategy, U.S.

Oil surges on US blockade of Iran

A look at the day ahead in European and global markets from Tom Westbrook Oil futures jumped back over $100 at the open in Asia on Monday, the dollar fell and stocks were down as U.S.-Iran talks

Russian attacks kill eight in Ukraine's southeast, target buses

Russian attacks on Ukraine's southeast on Tuesday killed eight people and injured more than two dozen others, officials said, with Kyiv accusing Moscow of escalating strikes

Russia says Middle East war disruption opens up new trade opportunities

Global supply disruptions caused by the war in the Middle East have opened up new trade opportunities for Russia, but price stability in the domestic market remains a

Trump says 'a whole civilization will die tonight' if Iran does not make a deal

U.S.

Philippine central bank warns of oil spike 'spillover effects' as inflation breaches target

The Philippines’ central bank warned on Tuesday of 'spillover effects' on consumer prices from sharp oil price increases, after the

US business spending on equipment on solid ground before Iran war

New orders for key U.S.-manufactured capital goods increased more than expected in February while shipments of those products rose solidly, suggesting

Vape makers turn to 'Made in America' credentials amid Trump's tariffs, crackdown

The U.S. vaping market, long dominated by Chinese imports, is seeing an uptick of "Made in America" products, in what some analysts and industry executives

Heads of IEA, IMF, World Bank to meet next Monday to discuss energy crisis

The leaders of the International Energy Agency, the International Monetary Fund and the World Bank will discuss the energy crisis triggered by the Iran war next Monday, IEA

Florida governor signs 'terrorist' designation law, raises free speech and due process concerns

Florida Governor Ron DeSantis signed into law a measure that gave him and other state officials the power to designate groups as "terrorist

Lebanon heads to historic Israel talks with few hopes except to staunch bloodshed

Lebanon's President Joseph Aoun has called for historic direct talks with longtime foe Israel since war erupted a month ago - a month in

Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says

Iran on Tuesday attacked Saudi Arabia's Jubail petrochemical complex, the heart of the kingdom's downstream sector, its Revolutionary Guards said, the latest evidence of Tehran's

Chile's peso leads LatAm FX losses as Mideast tensions pressure regional assets

Chile's peso, the worst-performing Latin American currency since the Middle East conflict began, led losses among regional currencies on Tuesday despite the

NY Fed March survey finds jump in near-term inflation expectations 

By Michael S.

Blockbuster SpaceX listing could suck the oxygen out of fragile IPO market

As Elon Musk's SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to

Afghanistan, Pakistan hold 'useful' peace talks in China, says Kabul

Afghanistan and Pakistan made "useful" progress in talks in China to resolve the conflict that broke out between the South Asian neighbours last

Key quotes from Vance and Orban's news conference

U.S.

Hot money increasingly dominates emerging markets financing, raising risks, IMF says

Emerging market nations now get the bulk of their foreign financing from the likes of hedge funds, pension funds and insurers, leaving them vulnerable to

Four killed after violence flares in India's Manipur state

At least four people were killed, two of them by police fire, in India's northeastern state of Manipur on Tuesday, officials said, after months of relative calm.

India weighs austerity steps, sees no immediate risk to FY27 deficit goal, sources say

India

World Bank says Nigerian economy to grow in 2026 but Iran war lifts inflation

Nigeria's economy is resilient and set to grow in the first half of 2026 despite the Iran war, the World Bank said on

Ukraine lawmakers inch forward with IMF-linked bill for strained budget

Ukraine's parliament passed one of a handful of tax laws on Tuesday as part of reforms required by the International Monetary Fund, lawmakers said, with more

European shares decline as markets turn wary ahead of Trump's Iran deadline

European shares retreated on Tuesday, led by declines in defence and healthcare stocks, as investors turned cautious ahead of U.S.

Can Iran charge fees for ships to transit the Strait of Hormuz?

Iran wants to charge fees for ships to pass through the Strait of Hormuz as part of its proposals to end the war with Israel and the United States after blocking most traffic

USTR Greer says US-Mexico-Canada pact talks may run past July 1 deadline

The Trump administration will try to resolve as many problems with the U.S.-Mexico-Canada trade agreement as it can before July 1, but negotiations to rebalance the

After fleeing past Hezbollah fighting, some Israelis on northern border vow to stay

Orna Weinberg was forced to leave her home in northern Israel after it was struck by a Hezbollah rocket in October 2023, and spent the next

Gunfight outside Israeli consulate in Istanbul leaves one attacker dead

One attacker was killed and two others were wounded in an extended gun battle with police outside the tower building

World Bank's Banga sees some degree of lower growth, higher inflation due to war

World Bank President Ajay Banga said on Tuesday the war in the Middle East would result in some degree of slower growth in the global economy and

Energy facilities and shipping hit during US-Israeli war on Iran

The U.S.-Israeli war on Iran and Tehran's retaliatory attacks on Gulf neighbours have damaged major energy facilities and disrupted shipping through the Strait of Hormuz, which

Fed's Williams: FOMC leadership not in question amid slow Warsh confirmation

Federal Reserve Bank of New York President John Williams said on Tuesday that U.S.

ICE arrested more than 800 people after tips from US airport security agency

U.S.

Kanye West refused entry to UK, Wireless Festival cancelled

Britain has blocked U.S. rapper Kanye West from travelling to the country to headline London's Wireless Festival in July over his past

Portugal says U.S. uses Azores base on condition no civilian infrastructure targeted

Portugal said it had authorised 76 landings by U.S. aircraft at the Lajes air base in the Azores and 25 overflights of its territory since the start of the U.S.-Israeli war

Pakistan seeks two-week ceasefire, extension to Trump's deadline on Iran

Pakistan, a mediator between the U.S. and Iran, on Wednesday requested that U.S.

Pope Leo calls Trump's threat against Iran 'truly unacceptable'

Pope Leo said on Tuesday that threats against the population of Iran are "unacceptable," in an unusual appeal hours after U.S.

Lobbyist for man pardoned by Trump in plea talks on extortion charges

A lobbyist who helped a nursing home owner convicted of tax fraud secure a pardon from President Donald Trump is in talks with prosecutors over a potential plea agreement

Goolsbee says stagflationary shock of Iran war puts Fed in a bind

Chicago Federal Reserve Bank President Austan Goolsbee said on Tuesday he is worried that the Iran war will drive inflation higher even as it slows the U.S. economy, putting the

Germany's young men do not need permit for foreign travel, ministry said

Young men will continue to be able to travel abroad without prior permission despite Germany's new military service law, the defence ministry said on

Iranian hackers' targeting of US critical infrastructure has escalated since start of war, US says

Iranian hacking campaigns targeting equipment used across multiple U.S. critical infrastructure sectors are escalating in response to hostilities, U.S. cybersecurity,

Amazon strikes deal with USPS that maintains 80% of package volume

Amazon.com on Monday announced it reached a new agreement with the U.S.

Vance says EU is meddling in Hungary's election as he backs Orban in Budapest

U.S.

'Europe is a bit of a mess', Donald Trump Jr. tells panel in Bosnia

President Donald Trump's eldest son visited Bosnia's Serb Republic on Tuesday, a trip widely seen as a gesture of support for its ousted pro-

Bayer US head says tariffs will not affect its 2026 forecasts

A top Bayer AG executive said on Tuesday the German drugmaking and crop science company saw no need to adjust its 2026 forecasts because of tariffs on

‘Everything will fall apart’: Republicans confront how to shift midterm strategy amid Iran war

‘Everything will fall apart’: Republicans confront how to shift midterm strategy amid Iran war

Russia launches one of its largest drone attacks on Ukraine this year, killing 16

Russia launches one of its largest drone attacks on Ukraine this year, killing 16

PIMCO weighs $14 billion debt deal for Oracle's Michigan data center, Bloomberg News reports

Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle data center in Michigan, Bloomberg

Brent settles down on economic worries, US crude up ahead of Trump deadline for Iran

Oil prices settled mixed on Tuesday, with Brent down on worries that high energy prices could slow economic growth, while U.S. crude closed at its

US short-term credit market shows early signs of stress as Iran war persists

A prolonged war in the Middle East is starting to ripple into U.S. short-term credit markets, where subtle strains are emerging that could

Reform UK threatens to deny visas to citizens of countries demanding reparations

Nigel Farage's Reform UK said on Tuesday it was proposing to deny visas to people from countries seeking amends for transatlantic slavery, a move swiftly

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

By Alex Lawler LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the

Dollar holds firm ahead of Trump's Iran deadline

The U.S. dollar traded close to its highest levels in almost 11 months on Tuesday with investors pausing ahead of a U.S.-imposed deadline for Iran to reopen the

French nationals leave Iran after three and a half years amid softer France tone on war

Two French nationals were heading home on Tuesday after Iran allowed them to leave the country following three and a half years in detention, a surprise move

French Foreign Minister Barrot hopes Trump does not go ahead with threat against Iran

French Foreign Minister Jean-Noel Barrot said on Tuesday that he hoped U.S. President Trump would not go ahead with his latest threats against Iran.

Mexico's headline inflation likely sped up in March while core index declined: Reuters poll

Mexico's headline inflation likely accelerated in March for the third straight month while core inflation likely declined, a Reuters poll showed on Tuesday, backing

Taiwan's chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Taiwan’s chipmaker TSMC has reported a 58% jump in profit for the January-March quarter thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs

Hyundai resuming new Palisade SUV sales after finalizing fix

Hyundai Motor said on Tuesday it is lifting a halt on sales of recalled 2026 Palisade SUVs after finalizing a fix for a power seat issue that

Evangelicals amplify Trump's religious framing of Iran war

President Donald Trump is using Christian rhetoric to rally core supporters behind the increasingly unpopular war with Iran, religious and political

US and Canadian astronauts capture global attention with Artemis II moon flight

The voyage of four astronauts to the far side of the moon has given the world a glimpse of America at its best, offering a respite from global despair and

Trump says Lebanon is not part of ceasefire deal with Iran, PBS reports

Lebanon is not part of the ceasefire agreement the U.S. has with Iran "because of Hezbollah" but will "get taken care of," U.S.

Italy ruling that stripped millions of their right to citizenship is scrutinized by its supreme court

Italy ruling that stripped millions of their right to citizenship is scrutinized by its supreme court

Zelenskyy receives international prize honoring his and Ukraine's courage and resilience

Ukrainian President Volodymyr Zelenskyy is receiving the prestigious International Four Freedoms Award

Kazakhstan sentences 19 for protest against repression in China's Xinjiang region

A Kazakh court has convicted 19 Kazakh activists after a protest against Beijing’s crackdown in China’s far-western Xinjiang region last year, in what advocates call an extraordinary move by the Kazakh government to silence dissident at the behest of Beijing

Modi is pushing to get more women into India's Parliament. That could have other consequences

India’s Parliament has opened debate on a landmark bill to reserve one-third of seats for women, a reform that could also trigger a sweeping redrawing of electoral boundaries and heighten political tensions

Australia boosts military spending as Iran war makes global impact

Australia's defense minster says the Iran war had greatly complicated the global strategic landscape and the country is significantly increasing its military spending

China says its economy is accelerating despite Iran war turmoil – for now

China says its economy is accelerating despite Iran war turmoil – for now

China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war

China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far

Ex-Trump election lawyer John Eastman disbarred in California

Ex-Trump election lawyer John Eastman disbarred in California

FIFA president Infantino says Iran will participate in World Cup 'for sure' despite war

FIFA President Gianni Infantino said Wednesday that Iran will participate in the World Cup “for sure” despite its war with the United States

Senate rejects effort to halt arms sales to Israel, but most Democrats vote to block them

More than three dozen Democrats supported an effort by Vermont Sen. Bernie Sanders on Wednesday to block arms sales to Israel, signaling a growing discontent in the party with Prime Minister Benjamin Netanyahu and the wars in Gaza and Iran

The Latest: Iran threatens to disrupt Gulf trade in response to US naval blockade

The leader of Iran’s joint military command has threatened to halt trade in the Gulf region if the U.S. does not lift its blockade of Iranian ports, while U.S. Central Command says no vessels have made it past U.S. naval forces during the first 48 hours of the blockade

DNI Tulsi Gabbard sends criminal referral over Trump’s 2019 impeachment to Justice Department

DNI Tulsi Gabbard sends criminal referral over Trump’s 2019 impeachment to Justice Department

Tyrese Maxey scores 31 and Sixers beat Magic 109-97 in play-in game, advance to series vs. Celtics

Tyrese Maxey scored 31 points, V

NBA says LaMelo Ball's takedown of Bam Adebayo should have been called flagrant, merited ejection

The NBA says Charlotte’s LaMelo Ball should have been ejected for an uncalled flagrant foul when he reached out and tugged on the ankle of Miami’s Bam Adebayo

African Catholics recoil at Trump's spat with Pope Leo

With his previous insults towards African countries and his gutting of foreign assistance, U.S.

California attorney who tried to help overturn 2020 election loses law license

A California attorney who aided President Donald Trump’s efforts to stay in power following his 2020 election loss is no longer licensed to practice in California

China raises pressure on underground Catholics to join official church, Human Rights Watch finds

Human Rights Watch, in a detailed new report, says Chinese authorities are increasing pressure on underground Catholic communities to join the state-controlled official church while tightening surveillance and travel restrictions on all of China’s estimated 12 million Catholics

Homeland Security worker and another woman are killed in a series of Atlanta-area attacks

A man has been charged in a string of attacks near Atlanta over a matter of hours that left two women dead and a man in critical condition

The 'becoming Chinese' meme shows China's soft power moment is here

Young Western social media users are embracing a “very Chinese time” of their lives, and China’s government is keen to use this moment to boost the country’s cultural influence worldwide

American husband is released without charges in his wife’s disappearance in the Bahamas

American husband is released without charges in his wife’s disappearance in the Bahamas

Consecutive Israeli strikes kill 4 Lebanese medics as Israel-Hezbollah war grinds on

Paramedic groups say the Israeli military has killed four Lebanese rescue workers and wounded six others in three consecutive, targeted strikes

Bayern Munich knocks out Real Madrid in epic to reach Champions League semifinals

Luis Díaz and Michael Olise scored late for the Bavarian powerhouse to beat Madrid 4-3 and advance to the Champions League semifinals

New York City apartment building workers authorize a possible strike as contract talks stall

Thousands of New York City apartment building doorpersons, superintendents and other workers have approved a potential strike in the coming days

London police arrest two after synagogue targeted in attempted arson attack

London police arrest two after synagogue targeted in attempted arson attack

Pakistani delegation meets in Tehran hoping for more US-Iran talks before ceasefire ends

Pakistan’s army chief is meeting with Iranian officials for talks in Tehran in the latest diplomatic move to ease tensions in the region and arrange a second round of negotiations between the United States and Iran

White House denies U.S. requested ceasefire, says new talks may happen in Pakistan

Reports that the White House has requested a ceasefire in the Iran war are wrong, press secretary Karoline Leavitt told reporters on Wednesday but added that

Israeli attacks prevent Lebanese from burying their dead in ancestral lands

By Nazih Osseiran and Jihed Abidellaoui BEIRUT April 15 - Brothers Ali and Wael Sabbagh stood facing the remains of the building that contained their family home for more than 50 years.

White House has no opinion on potential United Airlines deal for American Airlines

The Trump administration does not have an opinion on reports that United Airlines was considering merging with rival American Airlines, White House press secretary

Russia warns drone plans for Ukraine are pulling Europe deeper into war

Russia's defence ministry warned on Wednesday that European plans to step up drone supplies to Ukraine are dragging those countries deeper into a war with Russia.

Iran proposes letting ships exit safely through Oman side of Hormuz, source says

Iran could let ships sail freely through the Omani side of the Strait of Hormuz without risk of attack under proposals it has offered in

Oil prices steady as Hormuz shipping constraints counter US-Iran peace hopes

Oil prices held steady on Wednesday as ongoing worries about supply disruptions offset comments by U.S.

Sovereign borrowers launch platform to amplify voice in debt talks

A group of officials from developing economies launched on Wednesday the Borrowers' Platform, an effort backed by the United Nations to give

European buyers hold talks to ship Canadian LNG via Panama Canal to diversify supply

European buyers, including Germany's Uniper, are exploring the possibility of purchasing liquefied natural gas from Canada's Pacific coast and

US envoy Waltz appears to torpedo Bachelet as next UN leader

The U.S. envoy to the United Nations, Mike Waltz, appeared to torpedo the candidacy of former Chilean President Michelle

Israeli military continues to strike Hezbollah amid Lebanon peace talks, Netanyahu says

Prime Minister Benjamin Netanyahu said on Wednesday the Israeli military continued to strike at Hezbollah and was about to overcome what he described as the militia's

Fed's Musalem says oil shock likely to keep core inflation near 3%, rates on hold for some time

High oil prices are likely to keep underlying inflation nearly a percentage point above the Federal Reserve's 2% target for the rest of this year, with the U.S.

US government shutdown has slowed World Cup security planning, homeland security official says

The U.S. government has released all funds allocated for security at the soccer World Cup, but the ongoing shutdown of the Department of Homeland Security has

Ukraine says it is employing new integrated drone-infantry warfare system

Ukraine's Defence Ministry said on Wednesday it was introducing a new model of combat operations integrating drone warfare with infantry and pointed to successes it said had been

Bessent supports IMF quota revamp, wants World Bank financing for critical minerals

U.S.

Trump threatens to fire Powell if he doesn't quit Fed board; ongoing probe clouds Warsh confirmation

President Donald Trump on Wednesday threatened to fire Federal Reserve Chair Jerome Powell from his separate seat on the U.S. central bank's Board

Permian-focused EagleRock plans rare US oil and gas IPO, sources say

EagleRock, a company that collects royalties and fees from oil and gas production on the land it controls in the Permian Basin, is

Trump issues several pipeline permits for US-Canada oil transportation

U.S.

World Bank launches 'Water Forward' programme to tackle global water stress

The World Bank and other top development lenders launched a new global initiative dubbed Water Forward on Wednesday, aimed at improving secure water access for a billion

US probes suspicious oil trades made before Trump Iran pivots, source says

The U.S.

US Senate Republicans block latest bid to rein in Trump Iran war powers

A majority of the U.S.

Iran war puts US companies in wait-and-see mode, Fed report says

U.S. businesses and households still adjusting to the Trump administration's tariff policies also are reeling from a surge in energy prices due to the Iran war, a

Instant View: S&P 500, Nasdaq notch fresh records, casting aside war fears

U.S. stock indexes returned to new highs on Wednesday, putting fears of economic disruption driven by the war with Iran in the rearview mirror.

Trading Day: S&P 500, Nasdaq nab all-time closing highs, buoyed by Middle East optimism

The S&P 500 and the Nasdaq both logged record closing highs on Wednesday as investors assessed developments in the U.S.-Iran conflict and turned their

Justice Jackson says US Supreme Court's use of emergency docket is 'corrosive'

Justice Ketanji Brown Jackson has stepped up her criticism of the conservative-majority U.S.

Brazil central bank's caution has paid off amid rising uncertainties, director says

The approach currently adopted by Brazil's central bank of operating with caution amid rising uncertainties, which includes the U.S.-Israeli war on Iran, has paid off,

ECB in 'relatively favorable' policy position, Schnabel says

The European Central Bank is in a "relatively favorable" position on monetary policy after having successfully brought down inflation to 2% before the

Russia launches drones, missiles overnight and through the day

Russia attacked Ukraine overnight and throughout the day on Wednesday with hundreds of drones and missiles, targeting port infrastructure in the south, killing two people and

US optimistic of deal with Iran as it increases economic pressure

The Trump administration expressed optimism on Wednesday about reaching a deal to end the war

Asia shows interest in Ukraine's maritime defence expertise, Zelenskiy says

The Ukrainian military is participating in consultations on the Strait of Hormuz, President Volodymyr Zelenskiy said on Tuesday, adding that Ukraine's maritime defence

Iran war may boost inflation, but not expectations, per Dallas Fed research

An extended disruption of the world's oil trade from the Iran war could lift headline U.S. inflation to well over 4% by year-end, with even bigger increases possible

Banga defends World Bank's role on Trump's Board of Peace

The World Bank is seeking to play a constructive role in aiding Gaza's recovery from the two-year war between Israel and Palestinian militants in the

Trump aware of Pakistani proposal and will respond, White House says

U.S.

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

Kevin Kelly is in a tough spot.

Panama authorizes First Quantum to process stockpiled material from shuttered copper mine

Panama's government formally approved on Tuesday for Canada's First Quantum Minerals to remove, process and export stockpiled ore at its shuttered

Trading Day: Trump's Iran deadline looms

Wall Street recovered earlier losses to end mostly flat on Tuesday, as traders awaited the deadline later in the evening that U.S.

Indian billionaire Gautam Adani will seek to dismiss US SEC fraud case

Gautam Adani, India's second richest person, will ask a U.S. judge to dismiss the Securities and Exchange Commission's civil fraud case stemming from

Inflation scars risk quickly lifting expectations; ECB must be ready to act: policymaker

Euro zone inflation expectations are at risk of rising more quickly than in the past and the European Central Bank must be ready to raise interest rates

Canada's Ivey PMI shows activity shrinking for first time in four months

Canadian economic activity contracted in March for the first time in four months as a measure of inflation pressures increased, Ivey Purchasing Managers Index (PMI) data

Fed's Jefferson sees risks to both employment, inflation

Federal Reserve Vice Chair Philip Jefferson on Tuesday reiterated his view that short-term borrowing costs are set appropriately to allow the central bank to respond

DHS says US could stop processing international travelers at some airports in 'sanctuary cities'

Homeland Security Secretary Markwayne Mullin said on Tuesday that customs officials could stop processing international travelers at

Stocks edge up, dollar falls as Trump's Iran deadline nears

Wall Street's main equity indexes managed tiny gains on Tuesday while the dollar lost ground and U.S.

Super Micro begins independent probe after criminal case against co‑founder, others

Super Micro said on Tuesday it had begun an independent investigation into the indictment of three people linked to the company on the charges of committing export-control

UBS loses bid to limit liability for Nazi-linked crimes, US judge's ruling shows

A U.S. judge on Tuesday rejected UBS' bid to clarify a $1.25 billion settlement from 1999 of Holocaust-related litigation against Swiss banks by

UN envoy plans to visit Iran as part of peace effort

A personal envoy of U.N.

Chicago jet fuel tops $5 a gallon, as refiner maintenance adds to war-related price surge

Chicago has become the most expensive U.S. jet fuel market, with prices topping $5 per gallon, as the disruptions caused by the Iran war have combined with

Brazil eyes new debt relief with federal guarantees for consumers

Brazil's government is preparing a new credit renegotiation program backed by federal guarantees to curb rising household debt, two sources with direct

Acting DOJ chief Blanche says Trump has 'right' to influence investigations

Acting U.S.

Trump says he agrees to suspend bombing of Iran for two weeks

U.S.

US aircraft carrier breaks record for longest deployment since the Vietnam War

The world’s largest aircraft carrier, the USS Gerald R

US disrupts Russian military-run DNS hijacking network, Justice Department says

The U.S. Justice Department said on Tuesday it carried out a court-authorized disruption of a DNS hijacking network controlled by a Russian military intelligence unit.

Wall Street closes mixed, with signs of progress as Trump's Iran deadline draws near

U.S. stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump's

How one factory in China learned to live with Trump, tariffs and turmoil

U.S.

Protesters break into Kuwaiti consulate in Iraq’s Basra after rocket attack kills three

Protesters stormed the Kuwaiti consulate in the Iraqi city of Basra, police sources said on Tuesday, after a rocket attack fired from the direction of Kuwait killed

US soldier's wife freed from ICE detention as deportation attempt continues

A U.S. soldier's wife who was detained by the Immigration and Customs Enforcement agency last week was released from detention on Tuesday while

Central banks' concern over rising geopolitical tensions surges, survey shows

Concerns among central banks about geopolitical tensions have surged dramatically this year and are now viewed as the top global risk, according to a new

Australia PM Albanese criticises Trump's rhetoric while welcoming ceasefire

Australian Prime Minister Anthony Albanese on Wednesday welcomed a ceasefire in the Middle East struck between the U.S., Israel and Iran, while criticising

Harvard economist urges Japan PM Takaichi to respect central bank independence

Japan must respect central bank independence to prevent unwelcome rises in bond yields, former IMF chief economist Kenneth Rogoff told Prime Minister Sanae

Colombia's Petro calls for economic emergency, fresh financing law

Colombian President Gustavo Petro said on Tuesday evening that his government would submit an economic emergency decree and a new tax reform bill to Congress to balance the

Investor reactions to Trump agreeing to two-week ceasefire with Iran

U.S.

Vietnam's To Lam plans China visit next week after winning presidency, sources say

Vietnam's top leader To Lam is planning a visit to China next week to meet his counterpart Xi Jinping, three people briefed on the

Abducted US journalist Kittleson released by Iraqi armed group, Rubio says

The Iran-aligned Iraqi armed group Kataib Hezbollah has released abducted U.S. journalist Shelly Kittleson, U.S. Secretary of State Marco Rubio said on Tuesday.

Intelligence report warned of Iran's 'persistent threat' to US as White House downplayed the risk

The FBI warned U.S. state and local law enforcement of an elevated threat posed by Iran's government to targets in the United States

Bank of Korea to hold rates at 2.50% as war-driven uncertainty persists: Reuters poll

The Bank of Korea will keep its key interest rate unchanged at 2.50% on Thursday and for the rest of the year, a Reuters poll forecast, as policymakers assess the impact

Trump-backed Republican wins runoff to succeed Marjorie Taylor Greene in Georgia, NBC projects

Republican Clay Fuller, a former prosecutor endorsed by President Donald Trump, on Tuesday won a runoff election in Georgia to replace

New Zealand holds rates, warns of 'decisive' move if Iran war fuels inflation

New Zealand's central bank kept its policy rate at 2.25% on Wednesday for a second meeting, buying time to assess the fallout from the

Trump says US will help with traffic buildup in Strait of Hormuz

U.S. President Donald Trump said on Wednesday the United States will help with the buildup of shipping traffic in the Strait of Hormuz. 

Two weeks to breathe

A look at the day ahead in European and global markets from Ankur Banerjee A sparkling relief rally across assets will greet Europe after U.S.

Trump says US won 'total and complete victory' after ceasefire deal with Iran, AFP reports

U.S. President Donald Trump told AFP on Tuesday that the United States had won a "total and complete victory" after agreeing to a two-week ceasefire deal with Iran.

Trump agrees to two-week Iran ceasefire, drops threat to destroy 'whole civilization'

U.S.

China's Xi urges demand‑driven growth in services sector

China's President Xi Jinping has called for a demand-driven approach coupled with reform and technological empowerment to develop the service sector, the official Xinhua

Historians, watchdog group sue Trump to preserve White House records

A U.S. historians' organization and a government transparency group are suing President Donald Trump to force his administration to comply with a

US judge pauses Louisiana's challenge to FDA abortion drug rule

A federal judge on Tuesday put on hold the state of Louisiana's lawsuit seeking to limit access to the abortion pill mifepristone nationwide while President

Trump's threat to Iran shocks global leaders, unnerves some Republicans

U.S.

Republican Clay Fuller wins Georgia US House runoff in MAGA stronghold

Republican Clay Fuller, a former prosecutor endorsed by President Donald Trump, on Tuesday won a runoff

Preliminary UN probe says Israel and likely Hezbollah responsible for peacekeeper deaths

The U.N. said that preliminary findings from its probe into the deaths of three Indonesian peacekeepers in Lebanon last month show one was killed by an Israeli tank projectile and

Israel backs Trump's two-week pause on Iran strikes, says Lebanon excluded

Israel supports U.S.

From dropping bombs to pressuring banks: US pivots to economic warfare on Iran

The Trump administration is setting the stage to shift its war campaign toward a more economically focused effort aimed at choking Tehran into submission rather than relying on bombs alone

Greece expected to announce social media ban for children under 15

Greek Prime Minister Kyriakos Mitsotakis is expected on Wednesday to announce a ban on access to social media for children under the age of 15, according to a government briefing.

Former Australian soldier to remain in jail after being charged with Afghan war crimes

Australia's most decorated living soldier will remain behind bars after his legal team did not seek bail following his arrest over multiple alleged war

Benin finance minister Wadagni seeks his own mandate in election

Benin Finance Minister Romuald Wadagni is expected to make the leap from behind-the-scenes technocrat to head of state on

India central bank holds rates as Mideast crisis fans growth, inflation risks

The Reserve Bank of India kept its key policy rate unchanged on Wednesday while warning of lower growth and higher inflation as the Middle

China says Afghanistan and Pakistan agree to explore comprehensive solution in peace talks

China's foreign ministry said on Wednesday that Afghanistan and Pakistan agreed during peace talks in Urumqi to explore a comprehensive solution to the conflict that broke

Trump will pursue stability with China's Xi in May meeting, USTR Greer says

The U.S. economic and trade relationship with China is stable and President Donald Trump will aim to keep it that way in a meeting next

Spanish prime minister to make fourth trip to China in as many years

Spanish Prime Minister Pedro Sanchez will make his fourth trip to China in as many years this month, as had been widely expected, as Madrid seeks to build on its

Maersk cautious on Strait of Hormuz shipping despite US-Iran ceasefire

Maersk said on Wednesday the two-week ceasefire agreed between the U.S. and Iran could open some opportunities for vessels in the Strait of Hormuz, but did not yet

EU welcomes US-Iran ceasefire, urges efforts to create lasting agreement

EU leaders on Wednesday welcomed the two-week ceasefire agreed by the United States and Iran. "I welcome the two-week ceasefire the US and Iran agreed last night.

More than 15 countries planning to facilitate Strait of Hormuz access, Macron says

French President Emmanuel Macron said about 15 countries were planning to facilitate the resumption of traffic through the Strait of Hormuz, through which a fifth of the

China and Russia veto UN resolution on protecting Hormuz shipping

China and Russia on Tuesday vetoed a U.N. resolution encouraging states to coordinate efforts to protect commercial shipping in the Strait of Hormuz, calling

Germany's February industrial orders up, albeit far below forecasts

German industrial orders climbed in February from a month earlier but fell far short of expectations, underscoring less-than-robust business conditions for the

Global banks scale back China rate-cut calls, see policy rate on hold this year

Major global investment banks now expect China to keep official interest rates steady this year, scaling back earlier rate-cut calls, as the impact from the Middle East

South Korea to push for the release of ships in the Strait of Hormuz

South Korea's presidential Blue House said on Wednesday that the government would do its best to ensure the country's ships can pass through the Strait of Hormuz as soon as

UK builders report biggest leap in cost inflation on record, PMI shows

British construction firms reported the biggest rise in cost inflation from one month to the next on record in March and the Iran war also hit new orders and confidence in

Soaring costs, fuel shortage fears drive Pakistan to electric motorbikes

Days after Iran effectively blocked shipping through the Strait of Hormuz following the start of U.S. and Israeli

Taiwan opposition leader pledges reconciliation at memorial for founding father in China

Taiwan opposition leader Cheng Li-wun pledged on Wednesday to channel the spirit of her party's founder Sun Yat-sen and seek

Russia says it welcomes Iran ceasefire, hopes US will now resume Ukraine talks

The Kremlin on Wednesday welcomed a two-week ceasefire agreed between the United States and Iran, and said Russia hopes that the U.S. will now have the time and scope to

From Australia to Europe, countries move to curb children's social media access

Australia in December became the world's first country to ban social media for children under 16, blocking them from platforms including TikTok, Alphabet's YouTube and Meta's

Turkey detains 10 suspects over Istanbul gun attack outside Israeli consulate, media reports

Turkish authorities have detained 10 people in connection with Tuesday's gun attack near the Israeli consulate in Istanbul as the investigation widened, Turkish media

Major reaction to news of Iran ceasefire

The U.S. and Iran have confirmed a two-week ceasefire following mediation by Pakistan. U.S.

Zelenskiy, welcoming Iran de-escalation, says Ukraine ready for ceasefire with Russia

Ukrainian President Volodymyr Zelenskiy said on Wednesday he welcomed the ceasefire between the U.S. and Iran, adding that Kyiv was ready to "respond in kind" if Moscow

CK Hutchison's Panama unit to seek arbitration over Maersk ports takeover

Hong Kong-based conglomerate CK Hutchison's Panama business said it would seek arbitration over Maersk's takeover of two strategic ports near the Panama Canal, which

Ukraine renews attacks on Russian energy sites - what has been hit?

Ukraine has increased attacks on Russian energy facilities in recent weeks as peace talks have failed to make progress.

Fed minutes of March meeting could flesh out how policymakers view war risks to economy

U.S.

France plans 36 billion euro boost to rearmament, nuclear deterrent expansion

France plans to add a further 36 billion euros ($39 billion) to its defence spending between now and 2030 under an updated military planning law that expands

China's foreign minister to visit North Korea to bolster loosened ties

China's Foreign Minister Wang Yi will visit North Korea this week, his ministry said on Wednesday, signalling efforts by the East Asian neighbours to revitalise ties that

Peru election: Who are the leading presidential contenders?

Peruvians will go to the polls on April 12 to elect a new president and members of Congress, following years of political upheaval, impeachments and corruption scandals that

Trump says he believes China got Iran to negotiate, AFP reports

U.S.

Vance says Trump is 'impatient' about progress on Iran

U.S.

Russia says some in EU are helping election rivals of Hungary's Orban

Russia said on Wednesday that some political forces in the European Union were opposed to the re-election bid of Hungarian Prime

Hungary's Tisza party seen winning two-thirds majority in parliament, Median projection shows

Hungary's opposition party Tisza is on track to win a two-thirds parliamentary majority in Sunday's election, allowing it to amend the constitution and key laws needed to

US mortgage rates edge down to 6.51%, MBA says

The interest rate on the most popular U.S. home loan ticked down last week for the first time since the start of the Iran war, but not enough to rejuvenate a housing market that's

Big relief rally, for now

(Corrects error in byline field) April 8 - A look at the day ahead in U.S. and global markets from Alun John Markets exhaled on Wednesday after news of a two-week ceasefire between the U.S. and Iran,

Turkey's Erdogan welcomes Iran ceasefire, urges full implementation

Turkish President Tayyip Erdogan on Wednesday welcomed a ceasefire declared in the Iran war, urging its full implementation on the ground and warning against any

Volatility-linked funds put March US stock selling spree in the rearview mirror

The heaviest stock selling by volatility-linked funds appears to have largely run its course last month, potentially setting up U.S. indexes for

Sport-Women's elite sports revenues to reach $3 billion in 2026, Deloitte says

Global revenues in women's elite sports will reach at least $3 billion for the first time in 2026, marking an increase of 25% compared to last year, Deloitte said in a report on

Italy rules out sending ships to patrol Hormuz Strait without U.N. mandate

Italy will not send any ships to help police the Hormuz Strait area following a ceasefire between the United States and Iran unless it is authorised by the

Norwegian Nobel Committee condemns Russia's treatment of rights group Memorial

The Norwegian Nobel Committee said on Wednesday it was condemning "Russia's attempt to criminalise Memorial" and to designate the human rights group, a co-recipient of the

Pope Leo praises Iran war ceasefire after criticizing Trump threat

Pope Leo on Wednesday praised the two-week ceasefire in the Iran war, hours after calling U.S.

Indian billionaire Gautam Adani to seek dismissal of US SEC fraud case by April 30

Adani Green Energy on Wednesday said group chair Gautam Adani and his nephew Sagar Adani plan to seek dismissal of a civil suit stemming from an alleged bribery scheme filed by the

Turkish intelligence played a role securing U.S.-Iran ceasefire, media says

Turkey’s intelligence agency played a key role in diplomatic efforts leading to a two-week ceasefire between the United States and Iran, Turkish media reported on Wednesday

Macron welcomes home two French nationals freed after years in Iran jail

President Emmanuel Macron on Wednesday welcomed home two French nationals released after three and a half years in detention in Iran, calling their

Iran could open Strait of Hormuz in a controlled way ahead of meeting with US, senior Iranian official says

Iran could open the Strait of Hormuz in a limited and controlled way on Thursday or Friday ahead of a meeting between U.S. and Iranian officials in Pakistan, a senior

Ackman's UMG bid sees analysts split on Bolloré's next move

Market analysts are split over whether Universal Music Group's top stakeholders will support billionaire Bill Ackman's Pershing Square

North Korea fires ballistic missiles as Pyongyang dismisses Seoul's diplomacy hopes

North Korea fired multiple ballistic missiles on Wednesday, adding to a launch a day earlier, South Korea's military said, extending a series of tests that

Shell flags lower gas output, capital outflow amid Iran conflict but sees oil trading boost

Shell said on Wednesday that weaker first-quarter gas output and a hit to short-term liquidity would be offset partly by stronger oil

Developing countries in Europe, Central Asia face slowdown, World Bank says

Emerging and developing economies in Europe and Central Asia face a sharp slowdown this year under a scenario of a large but temporary rise in energy prices from the

World Bank expects stronger exports to lift Western Balkans growth to average 3.1% in 2026-27

Economic growth for six Western Balkans countries is projected to increase to 3.1% on average in 2026 and 2027 on stronger exports and public investment after a slowdown

World Bank says South Asia growth to slow to 6.3% in 2026 amid Middle East conflict

South Asia's growth is expected to slow to 6.3% in 2026 from 7.0% in 2025 as the conflict in the Middle-East and disruptions in global energy markets

Wars impose deep and prolonged economic costs on countries, IMF research finds

Wars cause large and persistent economic losses in countries where fighting takes place, with output declining by roughly 7% over five years on average

Arsenal outlasts Sporting Lisbon to set up Champions League semifinal against Atletico Madrid

It’s back-to-back Champions League semifinals for Arsenal

Russia denies Ukrainian intelligence assessment that its hackers have teamed up with Iran's for cyberattacks

Russian Foreign Ministry spokeswoman Maria Zakharova said on Wednesday that Ukrainian intelligence assessments that Russian and Iranian hackers have joined forces, reported

Iran's shattered economy means any success in war may be fleeting

Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an

Wall Street opens higher after US-Iran ceasefire

Wall Street's main indexes opened higher on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, sending crude prices lower on expectations that energy supplies

Iran to approach peace talks with US with caution, Iranian ambassador to UN says

Iran will approach peace talks with the U.S. with greater caution than in the past due to a deep lack of trust, and the war will affect the future

Moody's cuts Blue Owl fund's outlook on surging redemption requests

Moody's Ratings cut its outlook on a $36-billion Blue Owl non-traded fund to "negative" from "stable" on Tuesday, citing redemption requests that were significantly higher than at

Chinese electric truck maker Windrose makes first US delivery

Chinese electric truck startup Windrose said it had made the first delivery of its long‑haul electric heavy truck in the United States, marking a key step in its global

Automakers did not strongly seek aluminium tariff relief, White House official says

Ford Motor and other U.S. automakers have not made a strong request for relief from aluminium tariffs despite supply disruptions caused by fires at a key supplier, a White House

Germany's Merz speaks with Trump after Iran ceasefire, sources says

German Chancellor Friedrich Merz spoke with U.S.

Asian stocks exodus fuels largest emerging market outflows since 2020, IIF data shows

Foreign investors pulled $70.3 billion from emerging market assets in March, the biggest outflow since the pandemic rout in March 2020, data from a global

Samsung Electronics' shareholder Shinhan Bank launches $2.1 billion share sale - term sheet

Samsung Electronics shareholder Shinhan Bank launched a sale of about $2.1 billion worth of shares in the South Korean company,

Lebanese man scours home bombed by Israel for mementos of his slain family

Almost every day for the last month, Hussein Saleh has made a somber pilgrimage to the plot of land in south Lebanon where his home once stood,

Trump says US will work closely with Iran, discuss sanctions

The United States will work closely with Iran and the two countries are discussing tariff and sanctions relief, U.S.

TikTok to build a second billion-euro data centre in Finland

TikTok plans to invest 1 billion euros ($1.16 billion) to build a second data centre in Finland in less than a year as

'A lot of work to do' to reopen Strait of Hormuz, UK's Starmer says on Gulf trip

British Prime Minister Keir Starmer said on Wednesday there was still a lot of work to do to reopen the Strait of Hormuz following the U.S.-Iran ceasefire, speaking during

Exxon signals lower Q1 profit despite higher oil, gas revenue from Iran war price spikes

Exxon Mobil signaled on Wednesday that first quarter earnings could decline from the previous quarter, with an expected multi-billion dollar hit related to

The new Trump trades: how investors are navigating Iran shocks 

Investors are piecing together a new "Trump trade" playbook for navigating market

Japan business mood slumps, bankruptcies seen rising as Iran war lifts costs

The Japanese business mood worsened in March to levels not seen since the start of the Ukraine war in 2022, a government survey showed, a sign surging oil

Hungarian minister offered to send Russia EU document in leaked audio

Hungary's foreign minister offered to send his Russian counterpart a document about Ukraine's European Union accession, leaked recordings purported to show on Wednesday, in the

Iran speaker Qalibaf a key negotiator as talks approach to cement truce

Mohammad Baqer Qalibaf, the speaker of Iran's parliament who has taken a more central role as Israeli and U.S. strikes pick off the Islamic Republic's

Global energy stocks plunge as US-Iran ceasefire hits oil

U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into

Lionel Messi accused of breaching $7 million contract by sitting out a Florida soccer friendly

Lionel Messi is being sued by a Miami-based event promoter, saying the international soccer icon violated terms of a $7 million contract by missing an exhibition match last year

Wealthy nations slashed development aid in 2025 for second year in row, debt group says

By Colleen Goko JOHANNESBURG, April 8 (Retuers) - Wealthy nations slashed their development aid in 2025, probably by record-breaking amounts, a debt group said, ahead of data set to be released on

Why the bond market won't bounce back to pre-war levels

Global bond markets may rebound after the U.S.-Iran truce but are unlikely to fully recover from the war-driven selloff because, even

US carmakers say proposed EU rules could block large pickup trucks from Europe

U.S. carmakers say rules under consideration by Brussels could keep full-size pickup trucks including the Ford F-150, the Chevy Silverado and the

Trump says US-Iran talks will be behind closed doors

U.S.

Vance hits out at 'scandalous' Zelenskiy comments about Hungary's Orban

U.S.

Bangladesh seeks more fuel from India as neighbours repair ties

Bangladesh on Wednesday sought to increase fuel purchases from India, as foreign minister Khalilur Rahman made the new government's first ministerial visit to New

US bank profits to rise on deals, but Iran war fuels outlook uncertainty

Large U.S. banks are set to post higher quarterly earnings on strong interest income and investment banking fees, analyst estimates show, though investors will

Bondi will not appear for House interview on Epstein files, DOJ says

Former U.S.

IMF, World Bank and UN food agency say war is increasing food prices, insecurity

The World Bank, International Monetary Fund and the U.N.

Lufthansa cabin crew union calls one-day strike in Germany

Lufthansa faces a one-day strike this week, the airline's third labor disruption in two months.

Shippers seek clarity on Hormuz passage as Iran issues fresh warnings

Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the

Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal

A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one

Israeli strikes in Gaza kill four, including Al Jazeera journalist, medics say

Israeli airstrikes in the Gaza Strip killed four people on Wednesday, including an Al Jazeera journalist, local health authorities said and the Qatari television network

Vatican aid convoy to southern Lebanese town forced back by bombardment

Bombardment in southern Lebanon on Tuesday forced a convoy of humanitarian aid organized by the Vatican's embassy for a besieged Christian town to turn back, a priest in

Delta hits brakes on growth plans as fuel spike reshapes airline economics

Delta Air Lines on Wednesday pulled all planned capacity growth for the current quarter and forecast profit below Wall Street

Trump pushes for Strait of Hormuz reopening without tolls, White House says

President Donald Trump wants to see the Strait of Hormuz open up for oil tankers and other traffic without any limitations, including tolls, White

Trump dispatching Iran negotiating team to Pakistan, White House says

U.S.

Italy summons Israeli ambassador after shots fired at UN in Lebanon

Italy summoned the Israeli ambassador on Wednesday to demand an explanation over shots fired at an Italian convoy in a U.N. mission in Lebanon, the foreign

Traders place large $950 million bet on oil price falling hours ahead of ceasefire

Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a

UN envoy in Iran to support 'durable' end to conflict

U.N.

Panama asks China for respect after ship detentions tied to ports ruling

Panama's top diplomat on Wednesday said a rise in inspections and detentions of Panama-flagged vessels in China stemmed from a

US military says it's ready to resume Iran fighting if diplomacy fails

The top U.S. general said on Wednesday U.S. troops stood ready to resume fighting if Tehran failed to strike a negotiated settlement as

US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say

U.S. consumers will continue to pay high prices to fill up their vehicles or purchase airplane tickets through the peak summer travel season, several

Fed's Daly says US economic fundamentals in a 'good place'

San Francisco Federal Reserve President Mary Daly on Wednesday said the U.S. economy is fundamentally in a "good place" despite sharply higher oil prices from the

Paraguay president taps Oscar Lovera as economy minister

Paraguay's President Santiago Pena on Wednesday appointed Oscar Lovera as the South American nation's new economy and finance minister, the government said in a statement

Canada's Carney on verge of majority government after another opposition member joins ruling Liberals

A Canadian opposition legislator defected to the ruling Liberal Party on Wednesday, leaving Prime Minister Mark Carney on the verge of a

Wall Street hits a record as S&P 500 continues its 2-week rally on hopes for an end to the Iran war

U.S. stocks have hit a record following their big rally over the last two weeks

Greece to ban social media for under-15s from 2027, calls on EU action

Greece will ban access to social media for children under the age of 15 from January 1, 2027, Prime Minister Kyriakos Mitsotakis said on Wednesday, citing rising anxiety, sleep

Dollar falls as US-Iran ceasefire sparks relief rally for risk assets

The dollar sank to its lowest level in a month against a basket of major currencies on Wednesday after the U.S. and Iran agreed to a two-week ceasefire

Indiana suspends gas tax for 30 days amid rising prices

Indiana on Wednesday became the second U.S. state to suspend its gas tax amid the ongoing U.S.-Israeli conflict with Iran. 

UN condemns Israeli strikes on Lebanon, calls casualty reports 'appalling'

The United Nations on Wednesday condemned a massive wave of Israeli strikes across Lebanon, saying reports that hundreds of people, including civilians had been killed and injured

Fed rate cut bets revived, a bit, by Iran war ceasefire

Federal Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran conflict has eased

'Talks were almost dead': Pakistan's last-ditch effort to secure Iran war truce

Mediation efforts to halt the war in Iran were hours from collapse when Pakistan mounted an overnight

Mexico Senate confirms North America diplomat Velasco as foreign minister

Mexico's Senate confirmed Roberto Velasco, the current undersecretary for North America, to be the new foreign ministry, assuming the role at a pivotal

Fed minutes show growing openness to rate hikes at March meeting

A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to

FCC to vote on proposal to ban Chinese labs from testing US electronics

The Federal Communications Commission said on Wednesday it will vote this month on a proposal to bar all Chinese labs from testing electronic

Fire at Rio Olympic Park velodrome brought under control, no injuries reported

A fire at the velodrome in Rio de Janeiro's Olympic Park was brought under control early on Wednesday, with no risk of it

Inside the sudden downfall of Eric Swalwell

Inside the sudden downfall of Eric Swalwell

Stocks surge, oil dives below $100 as Iran ceasefire sparks relief rally

Oil futures sank below $100 a barrel while equity and bond prices rallied sharply on Wednesday after the United States

Trading Day: Markets gorge on huge TACO

World markets soared on Wednesday and oil had its biggest fall in five years, as investors gave a hearty welcome to the ceasefire in the Iran

Caterpillar CFO Andrew Bonfield to retire, names company veteran as successor

Caterpillar said on Wednesday that finance chief Andrew Bonfield will retire in October, and named company veteran Kyle Epley as his successor.

S&P and Nasdaq hit record highs, continuing remarkable recovery from war shock

S&P and Nasdaq hit record highs, continuing remarkable recovery from war shock

Sharing ancient roots and distrust of the US, many in China are suddenly really into Iran

Sharing ancient roots and distrust of the US, many in China are suddenly really into Iran

Carney speaks with Artemis II crew as Canada’s first lunar astronaut makes history

Canada's Prime Minister Mark Carney spoke to astronauts on the Artemis II mission on Wednesday, celebrating the first Canadian to fly around the moon and marking a lighter

Pope demands the 'chains of corruption' be broken during visit to Cameroon

Pope Leo XIV has arrived in the central African nation of Cameroon on the second leg of his Africa tour

European shares pull back as fragile US-Iran truce weighs on sentiment

European shares retreated on Thursday, after their strongest rally in over four years, as investors remained wary about a fragile U.S.-Iran

Senate Republicans reject effort to halt Iran war, but some eye future war powers votes

The Republican-led Senate has rejected the latest Democratic attempt to halt President Donald Trump’s war in Iran

Senate committee delays Fed nominee's hearing, Punchbowl reports

The U.S. Senate Banking Committee is no longer planning to hold a confirmation hearing for Kevin Warsh, U.S.

Justice Jackson chides Supreme Court conservatives over 'oblivious' pro-Trump emergency orders

Supreme Court Justice Ketanji Brown Jackson has delivered an attack on her conservative colleagues’ use of emergency orders to benefit the Trump administration

Why are people talking about the 25th Amendment to the US Constitution?

President Donald Trump's profanity-laced threats to wipe out Iran's civilization have led some Democrats to discuss attempting to remove him from

US team heads to Iran talks in Pakistan with low expectations

A U.S. team led by Vice President JD Vance left for Islamabad on Friday for weekend talks with Iran, even as both sides accused each

Europe rolls out online age verification app to protect young people

Europe rolls out online age verification app to protect young people

What are the main talking points at the US-Iran negotiations in Pakistan?

Top U.S. and Iranian officials gathered in the Pakistani capital Islamabad on Saturday to hold talks that seek to end their war https://www.reuters.com/world/iran/ in the Middle

Oil tankers steer clear of Hormuz ahead of US blockade

Two Iranian-linked tankers exited the Gulf on Monday as other vessels began avoiding the Strait of Hormuz after the U.S. said

EU's von der Leyen compares Orban defeat to Hungary's anti-Soviet uprising

April 13 - EU Commission President Ursula von der Leyen hailed Hungary's election https://www.reuters.com/world/hungary/elections/ as "a victory for fundamental freedoms", and compared the ousting of

China's vice commerce minister meets Ford executive, urges deeper market presence

China's Vice Commerce Minister Li Chenggang met a senior Ford executive in Beijing this week, urging the U.S. automaker to deepen its presence in the Chinese market,

Portugal, unlike Spain, rejects separate European army

Portugal is against the creation of a separate European army and instead backs strengthening and modernising its armed forces within the U.S.-led NATO

Back to business

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Global stock markets are largely back near pre-war levels and Wall

Serbia's president tells military to create units armed with attack drones

The Serbian army should create units with attack drones, President Aleksandar Vucic said on Wednesday, as the Balkan country seeks to modernise its armed forces from its

Trump adviser Sebastian Gorka seeks top counterterrorism job, WaPo reports

U.S.

Las Vegas business owners, drivers lament ongoing impact of high gas prices

Las Vegas business owners, drivers lament ongoing impact of high gas prices

Nigeria orders probe and defends deadly airstrike in insurgent-held Jilli

Nigeria has ordered a full and independent investigation into a military airstrike on a market that left at least 200 people feared dead, while defending

Trump's budget director defends White House plan for massive boost in military spending

President Donald Trump’s budget director is telling Congress that it'll take a massive upfront investment to ramp up U.S. weapons production and build more ships, planes and drones

Japan offers $10 billion support to help Asian neighbours secure oil

Japan said on Wednesday it would establish a financial framework worth about $10 billion to help Asian countries procure energy

Dollar sheds bulk of Iran war premium, but few expect a sharper drop

The U.S. dollar has given back most of the gains sparked by the Iran war, as a tentative ceasefire revived appetite for riskier currencies, but

Investors size up landmark new chapter for Hungary post-Orban

Investors are banking on a positive new chapter for Hungary as incoming Prime Minister Peter Magyar insists there is no time to waste following his

Britain calls for international effort to stop arms flow to Sudan at Berlin conference

The international community has failed in Sudan, British Foreign Minister Yvette Cooper said on the sidelines of a Berlin conference on the war in the country, as she called for

Hungary election winner Magyar expects to form government by mid-May

Election winner Peter Magyar said on Wednesday that President Tamas Sulyok would ask him at the inaugural session of parliament to form Hungary's next government, which

Hungary's election winner Magyar to meet president, calls on him to resign

Hungary's election winner Peter Magyar, leader of the TISZA party which won a landslide victory in Sunday's election, arrived for a meeting with President Tamas Sulyok

China moves to block entrance to disputed South China Sea shoal, images show

China is employing ships and a barrier to tighten control of the entrance to the Scarborough Shoal in the South China Sea amid

Silver faces sixth year of deficit with stock drawdown raising squeeze risks, research shows

The silver market is heading for a sixth year of structural deficit, with 762 million troy ounces drawn from stocks since 2021, raising the risk of a renewed liquidity

Trump backs government AI safeguards in banking system, acknowledges risks

U.S.

US Treasury asks private credit firms for data, Punchbowl News reports

The U.S.

China's Xi calls for strategic clarity, political security with Vietnam

China and Vietnam should maintain high strategic clarity and prioritise political security, Chinese President Xi Jinping told his

Ukraine deploys new combat model, commander says Russian-held areas recaptured

Ukraine's Defence Ministry said on Wednesday it was introducing a new model of operations integrating drone warfare with infantry activity and pointed to successes announced by

Lufthansa, pilots union deadlocked on arbitration offer

Germany's VC pilots' union and airline Lufthansa are deadlocked on whether to enter arbitration after both parties put forward different conditions to take up the offer.

EU age verification app ready as Europe moves to curb children's social media access

The EU's age verification app for online platforms is ready and will soon be available to use, European Commission President Ursula von der Leyen

Lula, Flavio Bolsonaro tied in potential election runoff, poll shows

Brazilian President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro are statistically tied in a potential runoff in

Erdogan says Turkey working to extend Iran ceasefire, continue talks

Turkish President Tayyip Erdogan said on Wednesday that Ankara was working to extend a ceasefire between the U.S. and Iran, ease tensions, and ensure the continuation of

Tanzania investigates death of American social media influencer

(Corrects time of death in paragraph 5 to around 3 p.m and not 9 p.m.)

Economic growth will be slower this quarter amid war, US Treasury chief says

U.S.

Kenyan court fines and jails Chinese man in ant-smuggling case

A Kenyan court on Wednesday ordered a Chinese man to pay a fine of 1 million shillings ($7,746) and gave him a 12-month jail term for trying to smuggle

Australia to raise defence spending to 3% of GDP by 2033

Australia on Wednesday said it would raise defence spending to 3% of gross domestic product by 2033 from about 2% currently, in response to the most "

Iran’s military forces combine state-of-the-art drones and hackers with out-of-date conventional weapons

Knowing what comes next in Operation Epic Fury is better understood by grasping the evolution of Iran’s military structure and capabilities.

Rattled by Trump, US allies eye Japan's biggest arms opening since WW2

Japan's

Volkswagen's China boss warns of fierce competition in slowing market

Volkswagen is bracing for even tougher competition in China, where the world's largest car

India's trade deficit shrinks in March as US export surge offsets Mideast hit

India's merchandise trade deficit unexpectedly narrowed in March as a surge in exports to the U.S. helped cushion the impact of the

South African politician Malema back in court as prosecutors seek 15-year prison sentence

South African opposition politician Julius Malema was back in court on Wednesday, as prosecutors pushed for him to be given the

Dubai's landmark Burj Al Arab hotel will shut for 18-month refurb amid tourism decline

Luxury hotel Burj Al Arab in Dubai will shut during a major 18-month renovation, a staff member confirmed on Wednesday, its first since opening in 1999 and at a

Trump administration ends lease for consumer protection bureau's headquarters, records show

The U.S.

How do shipowners navigate Trump's blockade?

Global shipowners are warning it is too risky to transit through the Strait of Hormuz, as US President Donald Trump’s naval blockade collides with Iran’s assertion of control over the vital waterway. CNN's Kristie Lu Stout reports.

Wall Street opens higher with earnings in focus

Wall Street's main indexes opened higher on Wednesday as investors assessed the latest developments in the Middle East and a raft of corporate earnings, while awaiting remarks

UN experts condemn Israeli strikes on Lebanon, UN rights body says

United Nations experts on Wednesday condemned Israel's bombing in Lebanon earlier this month as "illegal aggression and indiscriminate bombing campaign", the United Nations Human

EU warns Meta WhatsApp AI fee breaches antitrust rules, orders rollback

The European Commission said on Wednesday it intended to order Meta Platforms to reinstate rival artificial intelligence assistants on its WhatsApp

PIMCO's investment chief doesn't see systemic risk from private credit

The private credit market does not pose a systemic risk to the wider financial system, bond giant PIMCO's group chief investment officer Daniel Ivascyn

US home builder sentiment drops to seven-month low in April, NAHB survey says

U.S. homebuilder sentiment deteriorated in April, hitting a seven-month low as the war with Iran led to higher prices for materials and mortgage rates as well as

UN development chief says $6 billion investment could save 32 million people from war-induced poverty

Investing just $6 billion into targeted cash payments or energy subsidies to offset energy prices sent soaring by the war in the

US can't wait forever to bring down fiscal deficits, IMF says

The United States needs to reduce its fiscal deficit by about four percentage points of GDP from the current level of 7% and needs a robust, credible plan to do so,

Nutella maker Ferrero says it is undergoing EU inspections amid antitrust investigation

Nutella maker Ferrero said on Wednesday it is aware that European Commission officials are currently carrying out on-site inspections at its offices, following reports that

Standard Life strikes $2.7 billion deal to buy Aegon's UK arm

Standard Life has agreed to buy Dutch rival Aegon's UK business for 2 billion pounds ($2.7 billion), the companies said on Wednesday,

Why is Sudan at war, and what is the impact?

The war in Sudan entered its fourth year on April 15 overshadowed by other regional and global turmoil, despite having created what the United Nations calls the world's worst

Pope Leo says world needs message of peace and coexistence

Pope Leo said on Wednesday that the world needs to hear a message of peace and coexistence, in remarks hours after U.S.

Germany is not taking part in the Iran war, but it is feeling its effects, Finance Minister says

Although Germany is not involved in the Iran war, the country is feeling its economic impact directly, German Finance Minister Lars Klingbeil said

Big ad agencies settle US FTC probe into alleged boycott over political content

Three large advertising agencies settled a U.S.

S&P 500, Nasdaq push to closing records on optimism around Middle East talks, earnings 

On Wall Street, the benchmark S&P 500 and tech-heavy Nasdaq Composite rallied to record closing highs on Wednesday as investors were encouraged

US import prices increase below expectations; sharp rise anticipated due to Iran war

U.S. import prices increased less than expected in March, though the trend still pointed to firming imported inflationary pressures as the Middle

Leftist Sanchez in line for Peru runoff as vote count goes down to the wire

Leftist Peruvian congressman Roberto Sanchez shifted into second place in a presidential vote tally heading down to

Europe facing jet fuel crunch sees record inflows from US, Nigeria

Europe is seeing record inflows of jet fuel from the United States and Nigeria, data from Kpler and LSEG showed, as it seeks to shore up supplies due to

Bessent says he is optimistic Warsh will be Fed chair 'on time'

U.S.

Trump posts image of himself with Jesus as administration's pope criticism continues

U.S.

Colombia court orders Petro government to return emergency funds

Colombia's Constitutional Court ordered President Gustavo Petro's government on Wednesday to return funds collected during an economic emergency that was declared

'Nobody wants to see this': Small community copes with tragic murder-suicide

'Nobody wants to see this': Small community copes with tragic murder-suicide

Parts of Northern Marianas could be without power for weeks after super typhoon

An official says some hard hit areas of the Northern Marianas could be without power and water for weeks after the Pacific Ocean islands were battered by a super typhoon

UN human rights office raises concern around trial of Chinese dissident artist

The United Nations human rights office on Wednesday said it was concerned by the trial of Chinese dissident artist Gao Zhen, ​famous for making

NATO on track to fund Ukraine defence aid despite burden-sharing gaps, Rutte says

NATO Secretary General Mark Rutte expressed optimism Wednesday that the alliance would successfully fund defence aid to Ukraine through the Prioritised Ukraine

Morgan Stanley's profit beats estimates on record trading revenue, dealmaking boost

Morgan Stanley beat Wall Street expectations for first-quarter profit on Wednesday, as the investment bank benefited from a surge in

Dollar drifts as investors gauge odds for renewed US-Iran peace talks

The U.S. dollar edged lower on Wednesday and was fluctuating narrowly on either side of unchanged throughout the day as investors assessed the

UBS vows to fight for business model as Swiss capital debate heats up

UBS Chairman Colm Kelleher warned on Wednesday that proposed Swiss capital requirements threatened its business model and would do little to

Trump says he asked China's Xi not to give Iran weapons

Donald Trump asked Chinese President Xi Jinping in a letter not to give Iran weapons, and Xi responded that China was not supplying

Tax enforcement weakened after Trump job cuts, IRS data shows

The Trump administration dramatically reduced efforts to pursue tax cheats in 2025, government data shows, shedding tens of thousands of employees at

ECB policymakers see little evidence for now for April hike, sources say

European Central Bank policymakers are wary about raising interest rates as soon as this month as they have yet to see firm evidence that an energy-

Stocks hit records, oil steadies as Trump says Iran war 'close to over'

Wall Street's stock benchmark S&P 500 and tech-heavy Nasdaq closed at record highs as hopes for a cooling of U.S.-Iran tensions and strong earnings

Netherlands to spend nearly $300 million euros on drones for Ukraine

The Netherlands will spend 248 million euros ($293 million) on producing drones for Ukraine, Dutch Defence Minister Dilan Yesilgoz-Zegerius said on Wednesday.

Israeli security cabinet discusses possible Lebanon ceasefire, senior official says

Israel's security cabinet convened on Wednesday to discuss a possible Lebanon ceasefire, a senior Israeli

Israel inflation eases to 1.9% but unlikely to entice rate cut amid Iran conflict

Israel's annual inflation rate moved back below 2% in March but the decline will likely have little impact on near-term interest rate decisions due to

Argentina reaches IMF staff deal, opening door to $1 billion in fresh funds

Argentina reached a staff-level agreement with the International Monetary Fund on the second review of its $20 billion program, the IMF said on Wednesday,

Pope, attacked again by Trump, tells Cameroon 'rich and powerful' threaten peace

Pope Leo on Wednesday urged Cameroon's government to root out corruption and resist "the whims of the rich and powerful", in

IMF chief says 12 or more countries seeking loans to cope with Middle East war energy shock

The International Monetary Fund expects at least a dozen countries to seek new loan programs to cope with surging energy prices and

Thailand yet to decide on whether it will lift internal debt ceiling - Finance Minister

Thailand has not yet decided whether it will increase its internal ceiling on a key debt ratio, Finance Minister Ekniti Nitithanprapas said on Wednesday.

El Salvador to apply life sentences to minors for serious crimes

Salvadoran President Nayib Bukele has enacted legal reforms allowing life imprisonment for minors as young as 12 convicted of homicide, terrorism,

S&P 500 closes at fresh record, recovering all losses since start of US-Iran war

The S&P 500 closed at a new record high Wednesday, its first since the U.S.-Iran conflict began, as hopes of a de-escalation in the war and robust earnings expectations drew

Morgan Stanley eyes capital relief as lobbying push pays off

Morgan Stanley's capital requirements will remain flat or fall modestly under an overhaul of the U.S. capital regime, its Chief Financial Officer

IMF cautions countries against broad fuel subsidies to deal with war-driven energy shock

The war in the Middle East has intensified strains on an already fragile global fiscal situation, with higher interest rates and rising energy prices

Kremlin says US has rejected its proposal that Russia take Iranian uranium stocks

The Kremlin's spokesman was quoted as saying on Wednesday that the United States had rejected its proposal that Russia take all of Iran's enriched uranium out of the country as a

Finance ministers, stung by hit to economies, call for full Iran war ceasefire

Finance ministers from almost a dozen countries led by Britain called on the U.S., Israel and Iran to implement their ceasefire in full on

Ukraine's Zelenskyy pursues more arms deals with allies to defend itself against Russia

Ukrainian President Volodymyr Zelenskyy says his country's top priority is securing help to buy and build more air defense systems

Trump urges extending foreign surveillance program as some lawmakers push for US privacy protections

There's been a holdup on Capitol Hill in advancing the renewal of a program that lets U.S. spy agencies pore over foreigners’ calls, texts and emails

US did not agree that ceasefire would cover Lebanon, Vance says

Vice President JD Vance on Wednesday said Tehran's negotiators thought the U.S.-Iran ceasefire agreed to on Tuesday included Lebanon, but the U.S. had in fact not agreed

US and Hamas hold first direct talks since Gaza truce as ceasefire process stalls

US and Hamas hold first direct talks since Gaza truce as ceasefire process stalls

Oil tumbles below $100 after Trump announces two-week ceasefire

Oil plummeted on Wednesday, falling below $100 a barrel, on hope of the Strait of Hormuz reopening after U.S.

World Bank trims Latin America growth estimate for 2026

The World Bank trimmed its estimate for economic growth in Latin America and the Caribbean for 2026, citing the region's long-standing structural

UK investment industry calls for clearer risk rules to encourage everyday investors

Britain’s financial regulator must amend rules governing how investment-risk warnings are presented or retail investors will continue to

NASA's lunar success sharpens focus on China's 2030 crewed landing goal

As NASA's record-breaking Artemis mission bolsters the U.S. path back to the moon, China's bid to land astronauts there by 2030 is taking on greater

Greek PM says tolls for ships to cross Hormuz would be unacceptable, a risk to freedom of navigation

Greek Prime Minister Kyriakos Mitsotakis said on Wednesday it would be unacceptable for ships to have to pay a fee to cross the Strait of Hormuz as Iran has suggested, and

Long Island architect pleads guilty to 'Gilgo Beach' serial killings

A Long Island architect admitted in court on Wednesday to killing eight women in attacks dating to the 1990s, ending a notorious serial killer case that

Venezuela's Rodriguez announces 'responsible increase' to wages from May

Venezuela's Acting President Delcy Rodriguez said on Wednesday her government will make a "responsible increase" to workers' income on May 1, as her administration looks to

American YouTuber sentenced to 6 months in South Korean prison for offensive stunts

An American YouTuber who sparked outrage in South Korea for provocative stunts, including dancing on a statue honoring victims of wartime sexual slavery, was sentenced to six months in prison Wednesday

Israeli strikes pummel Lebanon, killing 250 in deadliest day of war

Israel carried out its heaviest strikes on Lebanon since the conflict with Hezbollah broke out last

Wall Street ends sharply higher on US-Iran ceasefire

U.S. stocks closed sharply higher on Wednesday after a last-minute, two-week ceasefire agreement between the United States and Iran

BofA's trading desk avoided a single daily loss in Q1 amid market turmoil

Recent market volatility, partly due to the War in Iran, continues to boost Wall Street profits

Trump administration cannot nix legal status of 5,000 Ethiopians, US judge rules

A federal judge on Wednesday halted a move by U.S.

Trump criticizes NATO over Iran in meeting with alliance's boss

U.S.

Foreign investors pour $18.65 billion into Japanese stocks on return after three weeks

Japanese stocks witnessed a huge influx of foreign funds in the week through April 4, a turnaround from three successive weeks of selling, with investor sentiment stabilizing ahead

Myanmar's Min Aung Hlaing appoints new cabinet, military still dominates

Myanmar's parliament approved a list of 30 ministers to serve in the cabinet of junta chief Min Aung Hlaing on Thursday following his appointment as president last week, with the

Trump's abrupt Iran reversal exposes limits of his leverage

Donald Trump's dramatic climbdown from his chilling threat to wipe out Iran's civilization has exposed the limits

Trump says US military to stay around Iran; threatens action if Tehran fails to comply with deal

U.S.

Singapore expected to tighten monetary policy as energy crisis fans inflation

Singapore is poised to tighten monetary policy at a review next week, with the Middle East war driving up energy prices, stoking inflation and darkening

BHP's incoming CEO met with Chinalco boss in China this week

BHP Group's incoming CEO, Brandon Craig, met with the chairman of Chinalco in Beijing this week and discussed further cooperation, the Chinese aluminium giant said on

US senator urges Taiwan parliament to pass stalled defence spending plan

Taiwan's parliament should pass a stalled special defence budget to send a signal to China and the world that it is serious about peace through strength, U.S.

US Senate to vote on resolution to curb Trump's Iran war powers

U.S. lawmakers will try again next week to pass a resolution to halt the Iran war and force President Donald Trump to obtain Congress' approval for

As US and Iran talk truce, Israel digs in for a 'forever war'

Even as the U.S. and Iran seek to cement a ceasefire, Israel is seizing more territory from its neighbours in preparation for

Lawyer says guards beat and pepper-sprayed detainees at Florida's 'Alligator Alcatraz'

A lawyer says guards severely beat and pepper-sprayed detainees at a state-run immigration detention center known as “Alligator Alcatraz” in the Florida Everglades

UK to call for toll-free Strait of Hormuz, wants Lebanon in ceasefire deal

British Foreign Secretary Yvette Cooper will say on Thursday that shipping through the Strait of Hormuz, which carries around a fifth of the world's oil and gas, must be toll-free,

BOJ chief says Japan's financial conditions remain accommodative

Bank of Japan Governor Kazuo Ueda said on Thursday real interest rates are clearly negative and keeping the country's financial conditions accommodative.

Goldman Sachs lowers second-quarter 2026 oil price forecasts

Goldman Sachs trimmed its second‑quarter 2026 forecasts for Brent and U.S. crude to $90 and $87 a barrel, respectively, late on Wednesday, after the U.S. and Iran agreed on a two-

Lebanon must be covered by ceasefire agreement, French foreign minister says

The ceasefire agreed by Iran and the United States must also cover military actions in Lebanon, French Foreign Minister Jean-Noel Barrot said on Thursday, adding France

German exports rise more than expected in February

BERLIN, April 9 - German exports rose more than expected in February, increasing by 3.6% compared with the previous month, data from the federal statistics office showed on Thursday.

There's a Gulf between market hopes and reality

A look at the day ahead in European and global markets from Wayne Cole. It's the day after and reality is intruding into market hopes of peace and prosperity in the Middle East.

Iran says peace talks would be 'unreasonable' following Israeli strikes

Israel pounded Lebanon with its heaviest strikes yet on Wednesday, killing

China's March bank lending seen surging on post-holiday rebound: Reuters poll

Chinese banks likely extended significantly more new loans in March than in February, according to a Reuters poll on Thursday, driven by improved

STOXX 600 logs best day in over 4 years as Iran truce fuels relief rally (April 8)

(Corrects headline and paragraph 2 in news item dated April 8 to say STOXX 600 posts biggest one-day gain in more than four years, not in a year.)

As ties warm, Vietnam's top leader schedules China visit

Vietnam's top leader To Lam will visit China next week, Chinese state news agency Xinhua said on Thursday, as ties between the two nations continue to warm.

Israel's pounding of Lebanon is 'deeply damaging', UK foreign minister says

British Foreign Secretary Yvette Cooper said on Thursday that Israel's pounding of Lebanon was "deeply damaging" and risked destabilising the ceasefire between the United

Seven & i delays listing of North America business

Seven & i Holdings said on Thursday it has pushed back the timing of the listing of its North American operations to the financial year starting April 2027 or later, rather

Dramatic video shows Oklahoma high school principal tackle, disarm gunman as students flee

Newly released video shows a high school principal in Oklahoma tackling and disarming a former student who entered the lobby of the school and began firing a pistol

German industrial output fall points to weak quarter, economists say

German industrial production fell unexpectedly in February, with economists saying the weakness pointed to disappointing first quarter for Europe's

Millions vote as India begins series of state elections

Millions of Indians queued to vote in local elections in two states on Thursday, kicking off four key contests this month amid a war in the Middle East that has

NASA Artemis II astronauts prepare to end moon mission in 'fireball' re-entry

Four astronauts traveling back to Earth from the far side of the moon on NASA's Artemis II mission spoke of their emotions as they wrapped up the

Lucky Strike maker BAT brings back former executive to fill CFO role

British American Tobacco named Dragos Constantinescu as its chief financial officer on Thursday, bringing back a former executive who had spent 16 years at the tobacco giant before

Glencore, Taiwan refiner book tankers to load Middle East oil after ceasefire

Commodities trader Glencore and Taiwan's state refiner CPC have chartered a tanker each to load Middle Eastern crude

Lebanon seeks temporary ceasefire to allow broader talks with Israel, official says

Lebanon has spent the last 24 hours advocating for a temporary ceasefire to allow for broader talks with Israel, a senior Lebanese official told Reuters, saying it would be

Italy says EU should consider pausing budget rules if Iran crisis persists

European Union authorities should consider a temporary suspension of budget deficit rules if the U.S.-Israeli war against Iran flares up again, Prime Minister Giorgia Meloni

Hostage stand-offs and disputed comments: Past papal visits to Africa

Pope Leo leaves on Monday for a visit to four countries in Africa, in an ambitious tour to urge world leaders to address the needs of the continent.

Taiwan opposition leader talks peace with China as her party skips defence talks in Taipei

Birds not missiles should fly in the skies, Taiwan opposition leader Cheng Li-wun said on Thursday in Shanghai in a plea for peace, as government lawmakers in Taipei

North Korea unveils cluster-bomb missile, electronic warfare capability

North Korea tested a new cluster-bomb warhead on a ballistic missile and an electromagnetic weapon this week, state media KCNA reported on

Japan's consumer mood worsens as Iran war clouds chance for April rate hike

Japan's consumer confidence worsened in March at a pace unseen since the COVID-19 pandemic in 2020, a government survey showed, swelling the toll on a

Romanian president appoints chief prosecutors despite opposition

Romania's centrist President Nicusor Dan appointed seven chief prosecutors and deputies late on Wednesday despite opposition from civil society and the country's top

China hopes 'relevant parties' can grasp chance at peace in Iran war

China's foreign ministry said it hoped the "relevant parties can grasp this chance at peace and bring the region back to stability as soon as possible" after the U.S. and

Relief rally hits pause

A look at the day ahead in U.S. and global markets by Amanda Cooper Wednesday’s relief rally looked fragile heading into Thursday, as the recently agreed two‑week

Mercedes Q1 sales down in tough 'transition year' for China business

Mercedes-Benz reported a sales slump at the start of 2026 as the tough Chinese market continued to pressure the German premium carmaker during an overhaul of its model

US-Iran truce should extend to Lebanon, EU's top diplomat says

The ceasefire agreement between the United States and Iran should extend to Lebanon, EU's top diplomat Kaja Kallas said on Thursday, adding that Iran-backed Lebanese

India to grow at 6.6% in FY27, says World Bank; risks from West Asia crisis persist

India's expected economic growth of 6.6% for fiscal 2027 could face significant risks as the Iran war fans inflation

As Trump claims victory, Iran emerges bruised but powerful with leverage over Hormuz

Nearly six weeks of war in Iran have ended, for now, with President Donald Trump claiming victory, but the U.S.-Iran ceasefire locks in a harsh reality: an

Italy working to restore freedom of navigation in Hormuz, Meloni says

Italian Prime Minister Giorgia Meloni said on Thursday that restoring freedom of navigation in the Strait of Hormuz was of vital interest

Trump threatens 50% tariffs on countries supplying Iran with weapons

U.S.

US container imports down 1% in March, Descartes says

U.S. container import volumes fell 1.1% in March from last year, supply chain technology provider Descartes Systems Group said on Thursday.

China's car exports accelerate despite disruption from Mideast crisis

Car exports, an increasingly important source of growth for China's hyper-competitive auto sector, picked up pace in March despite shipment disruptions from the crisis in

Fighting between Sahel-based jihadist rivals spills into Niger

The West African affiliates of al Qaeda and Islamic State have clashed in Niger for the first time, according to a statement from one of the groups, a

Italy pledges emergency funds to reopen rail, motorway after landslide on key Adriatic corridor

Italy's government moved on Thursday to limit disruption from a major landslide that cut rail and motorway links along a key north-south transport corridor, declaring a state

Dubai’s DAE and Blackstone launch $1.6 billion annual aircraft leasing programme

Dubai Aerospace Enterprise and Blackstone Credit and Insurance have agreed to launch a joint aircraft leasing investment programme targeting annual deployment

Gulf states eye cheap Ukrainian interceptor drone as Iranian attacks drain missile stocks

Gulf states including Saudi Arabia and the UAE are exploring a $2,500 Ukrainian-designed interceptor drone as a cheaper way to counter Iranian

Pentagon's ouster of Anthropic opens doors for small AI rivals

Small defense industry artificial intelligence startups are suddenly fielding calls from generals, combatant commanders and deep-pocketed investors, after

Airline and travel industries see no immediate relief from Iran ceasefire

U.S.

Texas Democrat Talarico faces tough test with Black voters in Senate race

By Bianca Flowers and Nolan D.

IMF strikes staff-level deal with Sri Lanka on $700 million in funding

The International Monetary Fund reached a staff-level pact with Sri Lanka, which will unlock financing of about $700 million once approved, the lender said on

Over 1 million Sudanese refugees in Chad face drastic aid cuts, UN says

More than a million Sudanese refugees face drastic cuts in life-saving aid such as food and water unless donors fill a funding shortfall of over $400 million,

Uniqlo-owner Fast Retailing flags record year after strong quarter

The Japanese owner of clothing brand Uniqlo raised its full-year forecast on Thursday, flagging another record year, as international growth produced a

US court dismisses appeal from former Honduran president Hernandez

A U.S. court on Wednesday dismissed an appeal by former Honduran President Juan Orlando Hernandez and ordered a prior judgment to be vacated, a court document showed, following his

US Army veteran charged with leaking classified information to journalist

A U.S.

Iran war doubles Russia's main oil revenue to $9 billion in April, Reuters calculations show

Russia will see revenue from its biggest single oil tax double to $9 billion in April due to the oil and gas crisis triggered by the U.S. and Israeli attack on Iran,

Constellation Brands posts smaller‑than‑expected quarterly sales drop on steady Mexican beer demand

Corona beer maker Constellation Brands posted a smaller-than-expected drop in fourth-quarter sales on

Russia brands Nobel-winning rights group Memorial an extremist movement

Russia's Supreme Court designated human rights group Memorial as an "extremist" movement on Thursday, a move the group said marked

Pope doubles down on peace and unity message as Trump's criticism continues

Pope Leo XIV is again emphasizing the need for peace and dialogue despite criticism from U.S. President Donald Trump

Sweden blames pro-Russian group for cyberattack last year on its energy infrastructure

The Swedish government says a pro-Russian actor was behind a cyberattack on a heating plant in western Sweden last year

US property purchases in Spain rise as Americans seek high-end homes

Home purchases in Spain by U.S. citizens rose 3% last year, even as total foreign purchases dipped, with real estate agents citing concerns over President

WHO says vaccinations save millions in Africa, but US aid cuts and Iran war threaten progress

The World Health Organization says vaccination programs across Africa have saved more than 50 million lives over the past five decades, but progress is slowing in some countries

Bahamas police arrest Michigan man after wife vanishes at sea

Bahamian authorities have arrested a Michigan man whose wife went missing at sea over the weekend, police in the Caribbean nation told Reuters on

EU threatens to force Meta to restore WhatsApp full access for rival AI chatbots

European Union regulators plan to order Meta to reverse a move that limits AI chatbots from rival companies accessing WhatsApp

Japan watchdog checks banks' private credit exposure amid global strains, source says

Japan's financial regulator has been conducting checks on private credit exposure at major financial institutions, a source told Reuters

British man appears in court charged with being member of al Shabaab

A British man appeared in a London court on Thursday charged with having trained and fought as a commando with al Shabaab militants in Somalia over 15 years ago.

Mitsui O.S.K. awaits safety clarity, government guidance to move vessels from the Gulf, CEO says

Japan's Mitsui O.S.K.

Russia hands Ukraine 1,000 war dead

Ukraine and Russia exchanged the bodies of deceased soldiers on Thursday, officials said.

Halt to Iran attacks means Netanyahu's corruption trial will resume on Sunday

Israeli Prime Minister Benjamin Netanyahu's long-running corruption trial will resume on Sunday, the courts' spokesperson said on Thursday, hours after

Iran's president says Israeli strikes on Lebanon render negotiations meaningless

Iran's President Masoud Pezeshkian said on Thursday that Israeli strikes on Lebanon violate the ceasefire agreement and would render negotiations meaningless.

Brazil to release $1.37 billion from severance fund for 10 million workers, O Globo reports

Brazil's government will release 7 billion reais ($1.37 billion) from the workers' severance fund FTGS to benefit around 10 million workers, news outlet O Globo reported

Hungary's opposition Tisza retains lead over PM Orban's Fidesz, poll shows

Hungary's centre-right Tisza party leads Prime Minister Viktor Orban's ruling Fidesz ahead of a parliamentary election scheduled for Sunday, a poll showed on Thursday.

Russian authorities detain investigative journalist, state media reports

Oleg Roldugin, an investigative journalist for independent Russian newspaper Novaya Gazeta, was detained on Thursday in a case involving alleged misuse of personal data,

After criticizing the pope, Trump slams Italy's Meloni over lack of support for Iran war

Italian Premier Giorgia Meloni's relationship with U.S. President Donald Trump appears strained

BBC will cut up to 2,000 jobs to reduce costs by about 10%

The BBC plans to cut up to 2,000 jobs to save 10% of its annual budget

‘Textbook blasphemy’: Notre Dame students surprised and dismayed by Trump’s feud with Pope Leo

‘Textbook blasphemy’: Notre Dame students surprised and dismayed by Trump’s feud with Pope Leo

White House confident Warsh will lead Fed in May

White House economic adviser Kevin Hassett said on Thursday that he was confident Kevin Warsh would start as Federal Reserve chairman in May and that he did not expect

Peru faces record field in election, corruption and crime top voter concerns

Peruvians head to the polls on April 12, hoping to break a cycle of political turmoil that has prevented any president from completing a

Wall St opens muted over fragile Mideast truce; inflation data parsed

Wall Street's main indexes opened muted on Thursday after rallying in the previous session, as cracks emerged in the fragile Middle East ceasefire, while investors parsed through

Pakistan says Lebanon's PM seeks support for immediate end to attacks

Pakistan said Lebanon Prime Minister Nawaf Salam had sought Islamabad's support for bringing an immediate end to the attacks targeting Lebanon and its people in a phone

US fourth-quarter GDP growth revised lower to a 0.5% rate

U.S. economic growth slowed more than previously estimated in the fourth quarter amid downgrades to business investment, including inventory accumulation, but corporate

Chevron sees Iran war oil boost, warns hedging to weigh

Chevron said on Thursday it expected first-quarter upstream earnings to rise between $1.6 billion and $2.2 billion from the previous quarter, fueled by higher oil

Chinese foreign minister visits Pyongyang to advance relations

Beijing stands ready to work with North Korea to further improve ties, Chinese Foreign Minister Wang Yi told his North Korean counterpart on Thursday during a visit to

Woman who built B-29 bombers during World War II celebrates her 101st birthday with her family

Woman who built B-29 bombers during World War II celebrates her 101st birthday with her family

US CDC delays publishing report showing COVID vaccine benefits, WaPo reports

The acting director of the Centers for Disease Control and Prevention has delayed publication of a CDC report showing the COVID-19 vaccine cut the likelihood of emergency

Lebanon's hospitals may run out of vital medical supplies within days, WHO warns 

Some of Lebanon's hospitals could run out of life-saving trauma medical kits within days as supplies near depletion following mass casualties from

Drone maker AEVEX eyes $2.35 billion valuation in US IPO

Drone maker AEVEX said on Thursday it was targeting a valuation of up to $2.35 billion in its U.S. initial public offering, the latest defense firm looking

Swiss-based Terra Quantum plans to list on Nasdaq via SPAC at $3.25 billion valuation

Terra Quantum said on Thursday it plans to list on Nasdaq this year through a merger with a U.S. special purpose acquisition company (SPAC) in a deal that

Austria demands Israel stop attacking civilian targets in Lebanon

Austria's foreign ministry on Thursday called on Israel to stop attacking civilian targets in Lebanon, and said the Austrian members of a U.N. peacekeeping force there must

A toll for using Hormuz would be a 'dangerous precedent', UN's ship agency says

Imposing a toll on ships sailing through the critical Strait of Hormuz would "set a dangerous precedent" and countries should not impede freedom of navigation, the UN's

FedEx reaches tentative wage deal with pilots after years of talks

FedEx and a union representing more than 5,000 of its pilots reached a tentative deal on Wednesday, paving the way for wages increases after years of negotiations.

US wholesale inventories post biggest increase in 13 months

U.S. wholesale inventories increased by the most in 13 months in February, boosted by sharp rises in the stocks of professional and electrical equipment, government

Kremlin says Russia has right to defend itself from 'piracy' after report of warship escort near UK

The Kremlin said on Thursday that Russia had the right to defend itself from what it called piracy after a British newspaper reported that a Russian navy frigate had

Germany's Merz: we do not want NATO to split over U.S.-Iran war

German Chancellor Friedrich Merz said on Thursday he did not want the NATO alliance to split over the Iran war but played down reported threats by U.S.

UniCredit says control of Commerzbank would trigger bid for Poland's mBank

UniCredit said acquiring control of Commerzbank would obligate it to bid for the roughly 30% of Poland's mBank that Commerzbank does not already own,

US FAA proposes fining American, Southwest over alleged drug, alcohol violations

The U.S.

Israel approves dozens of new settlements in West Bank, watchdog says

Israel has approved the establishment of dozens of new Jewish settlements in the West Bank, an Israeli watchdog group

Cash-strapped US Postal Service suspends contributions to pension plan

The U.S.

Netanyahu: Israel wants to start peace talks with Lebanon 'as soon as possible'

Israeli Prime Minister Benjamin Netanyahu said on Thursday that he has given an instruction for Israel to begin peace talks with Lebanon that would also include the

Brazilian court removes BYD from list of firms linked to forced labor

A Brazilian court has issued an injunction removing Chinese automaker BYD from a government list of firms accused of employing workers in slavery-

Masked security agents raid Russian newspaper in Moscow and arrest journalist

Security officers raided the Moscow office of leading independent Russian newspaper Novaya Gazeta on Thursday and state media said a prominent journalist had been arrested.

Brazil eyes strict budget curbs and tax‑break limits in 2027, Mello says

Brazil will keep trimming its budget this year despite elections and will likely turn in 2027 to an unprecedented use of stricter

Iranian delegation to reach Islamabad Thursday, Iran's ambassador to Pakistan says

An Iranian delegation will arrive in Pakistani capital Islamabad on Thursday night for talks to resolve conflict with the U.S. and Israel, Iran's ambassador to Pakistan

Hungary's election could end Orban era and reshape its place in Europe

Viktor Orban, uniquely endorsed by both U.S.

Airbus delivers 60 aircrafts in March

Airbus delivered 60 aircrafts in March, bringing first-quarter deliveries to 114 jets, down 16% from the same point last year, the European planemaker said on Thursday.

Dozens of states condemn attacks on U.N. peacekeepers in Lebanon

Dozens of states issued a joint statement at the United Nations on Thursday condemning "unacceptable aggressive behavior" toward U.N. peacekeepers in Lebanon and calling for

'We are not some piece of ice': Greenland hits back at Trump's Arctic insult

Greenland's Prime Minister Jens-Frederik Nielsen called on NATO allies to stand together to defend international law as he pushed back against U.S.

Olympics-LA28 opens Olympic ticket sales globally after strong local presale

Ticket sales for the 2028 Los Angeles Olympics opened globally on Thursday after what organizers said was a record-setting first week of local presales,

US fertility rates drop to record low in 2025 as births fall

The U.S. fertility rate hit a record low last year, extending a nearly two-decade decline, provisional data from the Centers for Disease Control and Prevention

North American pension funds stick with private credit bets

Several big North American pension systems are standing by their private credit holdings even as the sector faces choppy waters, a sign of both the

Israeli settlers block Palestinian kids' path to school with tear gas and barbed wire

Palestinian schoolchildren trying to return to class this week for the first time since the Iran war started were blocked by an impromptu barbed wire fence erected overnight by Israeli settlers

IMF's Georgieva expects war to trigger demand for up to $50 billion in Fund support

International Monetary Fund chief Kristalina Georgieva on Thursday said the global lender expected near-term demand for IMF financial support to rise

After Trump’s latest broadside, pope says ‘world needs to hear’ message of peace

After Trump’s latest broadside, pope says ‘world needs to hear’ message of peace

Italy sees slower GDP growth due to high energy costs, economy minister says

Italy is preparing to cut its GDP growth estimates to factor in the negative impact of rising energy prices, Economy Minister Giancarlo

US spirits maker Sazerac explores deal with Jack Daniel's owner, WSJ reports

Privately held U.S.-based alcoholic beverage maker Sazerac is exploring a deal with Jack Daniel's maker Brown-Forman, the Wall Street Journal reported on Thursday, citing people

Spain ramps up criticism of Israel, US, defying Trump threats

Spain decried Israeli strikes on Lebanon as well as the broader war on Iran on Thursday, cementing Madrid's role as an outspoken critic of

Central banks must balance energy inflation with demand softening, IMF's Georgieva says

Central bankers must be prepared to tighten monetary policy to avoid an inflationary spiral if war-driven energy price shocks are

American Airlines set to resume US flights to Venezuela as soon as April 30

American Airlines said on Thursday it aims to resume flights to Venezuela as soon as April 30 after winning approval from the U.S.

Lehigh sets Division I record with 20 runs in first inning of 38-6 victory over Coppin State

Lehigh set an NCAA Division I baseball record by scoring 20 runs in the first inning of a 38-6 victory over Coppin State

Some trades ahead of Trump policy moves raise questions

Some of U.S.

Hezbollah lawmaker says group rejects direct negotiations with Israel

Hezbollah lawmaker Ali Fayyad said on Thursday that the group rejected direct negotiations with Israel and that the Lebanese government should demand a ceasefire as a

IMF's Georgieva says finalizing quota review would ensure 'scary' lending firepower

The International Monetary Fund needs to complete the 16th quota review approved in 2023 to ensure that it has "scary" financial

Iran war raises demand for US fuel, boosting Gulf Coast refining margins

U.S.

US House to vote on aviation safety bill next week

The U.S.

House Democrats will try anti-corruption message to gain traction against Trump

House Democrats are launching what they call an anti-corruption task force in an attempt to strengthen ethics rules and protect voting access

Mexico inflation spikes in March, fueling debate within divided central bank

A rift within Mexico's central bank over the future of interest rates was thrown into sharp relief on Thursday, as new

Nike closes in on UEFA ball deal as Adidas bows out

By Nicholas P.

Russian special envoy Dmitriev in US, meeting Trump administration members, sources say

Russian President Vladimir Putin's special envoy Kirill Dmitriev is currently in the U.S. and is meeting members of U.S.

UN envoy meets Iran deputy minister and visits bombed sites in Tehran

U.N.

At least 250 people missing, including Rohingya and Bangladeshis, after boat sinks in Andaman Sea

The United Nations says at least 250 people including Rohingya refugees and Bangladeshi nationals are either feared dead or missing after a boat capsized in the Andaman Sea recently

White House says it warned staff against market bets amid Iran war

The White House warned staff against improperly leveraging their positions to place bets in futures markets in an email on March 24, a day after President Donald Trump ordered a

Melania Trump's full remarks on Jeffrey Epstein

First lady Melania Trump, in a rare White House address to the nation on Thursday, denied any relation to the late convicted sex offender Jeffrey Epstein, the subject

Dollar struggles to rebound as fragile US-Iran ceasefire keeps markets wary

A fragile calm reigned across currency markets on Thursday as traders kept their eyes fixed on whether the ceasefire between the U.S. and Iran would hold,

Trump weighs pulling some US troops from Europe amid NATO strains, official says

U.S.

Panama president seeks to calm China tensions

Panamanian President Jose Raul Mulino on Thursday sought to calm tensions with China, striking a conciliatory tone a day after his foreign minister

Chinese business hired lobbying firm with ties to Don Jr, then scored a win in Washington

A lobbying firm led by one of Donald Trump Jr.'s hunting buddies helped a Chinese company make its case to a U.S. national security watchdog, public

US Postal Service seeks to hike stamp prices to 82 cents

The cash-strapped U.S.

US Treasury yield forecasts creep up, but strategists cling to benign inflation view: Reuters poll

U.S.

Oil pares gains to close up 1% as Israel plans peace talks with Lebanon

Oil prices closed up 1% but settled below $100 for the second straight session on Thursday in volatile trading as a fragile Middle East ceasefire held

Equities turn around on renewed Middle East hopes, oil pares gains 

MSCI's global equities gauge gained modestly on Thursday while the dollar lost ground and oil's rally narrowed, after Israel sought

US expands Nigeria travel warning, lets embassy staff leave Abuja

The United States has urged its citizens to reconsider travel to Nigeria and authorised the departure of non‑emergency U.S. government employees and their families from the

American Airlines, Alaska Air hike checked baggage fees amid soaring fuel prices

American Airlines and Alaska Air said on Thursday they are hiking checked baggage fees, as carriers seek to pass on soaring jet fuel costs linked to escalating tensions in the

OpenAI pauses UK data centre project over regulation, costs

ChatGPT-maker OpenAI is pausing its main data centre project in Britain over an unfavourable regulatory environment and high energy costs, dealing a blow to the

Starmer, Trump discussed opening Strait of Hormuz, Downing Street says

British Prime Minister Keir Starmer spoke with U.S.

USTR's Greer sees no changes in data rules that bar Chinese vehicles from US

U.S.

Trading Day: Ceasefire sends stocks higher

U.S. stocks rallied on Thursday, with the S&P 500 and Nasdaq clocking their seventh daily gain, as investors shrugged off a rise in oil prices

US-Iran ceasefire: what we know

Here is what we know following Tuesday evening's dramatic reversal by U.S. President Donald Trump of his threats to attack Iran's civilian infrastructure. 

Cuban president urges US dialogue without conditions of political change - NBC interview

Cuban President Miguel Diaz-Canel told NBC News that the country has asked U.S.

UK says it deployed military to deter Russian submarines from attack on undersea cables

Britain deployed military vessels to prevent any attacks on cables and pipelines by Russian submarines that spent more than a month in and

Scientists stunned as chimpanzees turn on friends in killing spree

For two decades, researchers observed members of the Ngogo chimpanzee group of Kibale National Park in Uganda spend their days eating fruits and leaves, resting,

Kennedy broadens vaccine advisory panel's role to focus on risks

U.S. Health Secretary Robert F.

Trump says Iran should not charge fees to tankers going through Strait of Hormuz

President Donald Trump said on Thursday Iran should not charge fees to tankers going through the Strait of Hormuz, which has been blockaded since the

World Bank could mobilize at least $20 billion in post-war support, Bloomberg news reports

The World Bank Group could mobilize $20 billion to $25 billion in rapid financing to countries grappling with the economic fallout of the war in Iran, Bloomberg News reported on

Wall Street ends higher as Middle East peace talks lift sentiment

U.S. stocks advanced on Thursday, as ongoing negotiations toward a peaceful resolution to the six-week Middle East conflict helped ease

Israel seeks Lebanon talks after bombardments threaten Iran truce

Israeli Prime Minister Benjamin Netanyahu said on Thursday he is seeking direct talks

Fitch cuts FS KKR Capital rating to junk territory as asset quality weakens

Fitch Ratings on Thursday downgraded its rating on a private credit fund jointly run by Future Standard and KKR to junk territory, citing continued deterioration in its asset

Banker's payments to big names in Brasilia stoke election tensions

A Brazilian banker arrested last month on fraud allegations had paid millions to powerful figures across the political spectrum,

Venezuela approves mining law to encourage foreign investment

Venezuela's ruling party-controlled National Assembly on Thursday approved a mining law expected to open the sector to private and

US judge says Pentagon violated court order to restore press access

A U.S. judge in Washington ruled on Thursday the Pentagon is hampering journalists in defiance of a court order that required it to

Israeli military says Hezbollah launched missile at Israel, triggering sirens

Israel's military said on Friday that Hezbollah launched a missile at Israel, triggering air raid sirens in parts of the country, including in Tel Aviv.

NATO's Rutte tells allies Trump wants Hormuz pledges within days, diplomats say

NATO Secretary General Mark Rutte has told European governments that U.S.

US PCE inflation picks up in February; consumer spending solid

U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is expected to discourage the Federal Reserve

South Korean central bank stands pat as Middle East war fuels inflation, growth risks

South Korea's central bank kept its policy interest rate steady on Friday, maintaining a cautious stance as the conflict in Iran threatens to heat up domestic inflation and

US Republicans block bid to rein in Trump Iran war powers

U.S.

Ecuador raises tariffs on Colombia to 100% from 50% as tensions escalate

Ecuador's government on Thursday said it was raising tariffs on imports from its larger neighbor Colombia to 100% from a prior level of 50%,

Trump says he’ll fire Powell next month if he stays in his role at the Fed

Trump says he’ll fire Powell next month if he stays in his role at the Fed

UK's Starmer says Iran conflict shows Britain must take a new path

Prime Minister Keir Starmer on Thursday said the Iran war must become a turning point for Britain after two decades of crises, and he promised to

Venezuela's acting president Rodriguez in Grenada for first foreign visit

Venezuela's acting president Delcy Rodriguez arrived in Grenada on Thursday for her first foreign visit since assuming power in January, images on state television channel VTV

Russian diplomat: Moscow will not abandon Cuba, help with energy

Russia will never abandon or betray Cuba and plans to help the Communist island tackle energy issues linked to a U.S. embargo, a Russian deputy foreign minister was quoted as

BOJ will set policy with eye on scale, length of Iran war shock, deputy governor says

Bank of Japan Deputy Governor Ryozo Himino said on Friday the central bank will guide monetary policy with an eye on the scale and length of the economic shock caused by

China sees first producer inflation in over three years

China's factory-gate prices in March turned positive for the first time in more than three years, official data showed on Friday, pointing to rising import cost pressures

Japan rules out major domestic risks from private credit for now

Japanese Finance Minister Satsuki Katayama said on Friday private credit does not pose a major issue domestically at present but noted risks linked to

Japan wholesale inflation jumps, BOJ vows vigilance to stagflation risk

Japanese wholesale inflation jumped in March and the central bank's deputy governor called for vigilance to the risk of stagflation, highlighting mounting

South Korea President Lee to hold summit with Polish PM Tusk on April 13, media reports say

South Korean President Lee Jae Myung will hold a summit meeting with Poland's Prime Minister Donald Tusk on April 13, with defence industry cooperation and global security

US summons Iraqi ambassador over drone strike on diplomatic facility in Baghdad

U.S.

Asia Pacific faces weaker growth and higher inflation from Middle East crisis, ADB warns  

Growth in developing Asia and the Pacific is expected to slow this year as the conflict in the Middle East disrupts trade and energy markets, the Asian Development Bank

Pakistan's high-stakes Iran peace bid is fraught with risk

Pakistan is under huge pressure to pull off what some diplomats regard as mission impossible: broker a peace deal between Iran and the

South Korea holds rates steady as Iran war fans inflation, growth risks

South Korea's central bank kept its policy interest rate steady on Friday and warned of a highly uncertain path ahead as a broadening conflict

Ready to rumble? Hunter Biden challenges Trump's sons to cage match

Americans could see a first-of-its-kind fight as

Saudi Arabia says attacks cut oil output and East-West Pipeline flow

Attacks on Saudi energy facilities have cut the kingdom's oil production capacity by around 600,000 barrels per day and

China's factories snap years-long deflation spell on Iran war price shock

China's factory-gate prices rose for the first time in more than three years in March, in an early sign that the war in Iran is feeding cost pressures into the world’s

US considers new crackdown on Chinese telecom companies

The U.S.

German inflation confirmed at 2.8% in March

German inflation accelerated to 2.8% in March, according to federal statistics office data released on Friday, confirming preliminary figures.

Ukraine in talks with Oman, Kuwait, Bahrain on security cooperation, Zelenskiy says

Ukraine is in talks with Oman, Kuwait and Bahrain to cooperate in the security sector and share its drone defence expertise and technology, President Volodymyr Zelenskiy

Ukraine faces months of diplomatic and military pressure, Zelenskiy says

President Volodymyr Zelenskiy said the spring and summer months would be difficult for Ukraine as it would face pressure on the battlefield and also

Chinese foreign minister tells North Korean minister Pyongyang is making strides despite US 'oppression'

China's Foreign Minister Wang Yi said North Korea has made remarkable accomplishments despite conspiracies by the United States and Western forces to oppress and isolate

Myanmar's new president sees challenges ahead, eyes ASEAN detente

Myanmar's new President Min Aung Hlaing said on Friday his government has many challenges to overcome and seeks to improve the country's international standing, including

Polls - please ignore, test test test test

Voters in Hungary could deliver a boon to bond investors, while Peru's weekend

Thailand will introduce support measures to ease impact of high oil prices, minister says 

Thailand's government will approve a package of support measures to mitigate the impact of higher oil prices, the finance minister said on Friday, but he warned that the

Eyes on Islamabad

It's all about the Iran war once again, with weekend ceasefire talks being the main event, but the coming days will also give early indications of the fallout for big companies

Taiwan sees only warships and warplanes as China talks peace with opposition

Taiwanese officials are tracking what they view as a worrying rise in Chinese naval activity and military pressure against the island, even

Australia, Singapore leaders pledge closer energy ties to tackle global supply shock

Australian Prime Minister Anthony Albanese held talks in Singapore on Friday with counterpart Lawrence Wong, in which they vowed

Student kills 9 in Turkey's second school shooting in 2 days

A student has opened fire on two classrooms at a middle school in Turkey, killing nine people and wounding 13 others

UK's Healey says U.S. 'absolutely locked' into NATO

British defence minister John Healey said on Friday that the United States is "absolutely locked" into NATO. A Reuters report on Thursday said U.S.

Eswatini court rules first Trump deportees in jail have right to lawyer

A court in Eswatini has ruled that the first five migrants the Trump administration sent to the African kingdom have a right to a lawyer, after they

Daimler Truck Q1 unit sales decline on weak North America demand

Daimler Truck, one of the world's largest truckmakers, on Friday reported a 9% decline in first-quarter group unit sales, weighed down by a sharp slowdown in North America.

Parliamentary election to be held in Kazakhstan in August, president says

Kassym-Jomart Tokayev, the president of Kazakhstan, said on Friday that a parliamentary election in the resource-rich Central Asian country would take place in August, but

EU and US near critical minerals deal to combat Chinese control, Bloomberg News reports

The European Union and Washington are closing in on an agreement to coordinate on producing and securing critical minerals, Bloomberg News reported on Friday. 

Runaway wolf in South Korea inspires meme coin and presidential concern

A wolf that escaped from its enclosure in a South Korean zoo has spent three days on the loose, captivating the public, spawning a cryptocurrency meme coin and even

At Beirut hospital, grieving families identify mangled bodies after Israeli strikes

Ambulances arriving at a Beirut hospital on Thursday bypassed the emergency room and drove straight to the morgue, where exhausted medics

US consumer inflation expected to have surged in March amid Iran war

U.S. consumer prices likely recorded their biggest increase in nearly four years in March as the war with Iran boosted oil prices and the pass-

US labor market holds steady; inflation firmer before Iran war

New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially giving

Melania Trump denies any Epstein connection, seeks end to ‘lies’

First lady Melania Trump denied on Thursday that she had any relationship with Jeffrey Epstein and said she was not one of his victims, thrusting the

Trump recalls how Ruth Bader Ginsburg’s death affected the Supreme Court as he discusses Samuel Alito’s future

Trump recalls how Ruth Bader Ginsburg’s death affected the Supreme Court as he discusses Samuel Alito’s future

Apple leads smartphone market even as overall shipments decline, Counterpoint says

IPhone-maker Apple led global smartphone shipments in the first quarter of 2026, growing 5% year-on-year, even as overall shipments fell due to a shortage of memory components,

Porsche deliveries tumble further in first quarter

Porsche AG's deliveries slumped further in the first three months of 2026, with sharp declines in key markets China and the United States, as loses its shine across.

Shippers weigh unusual routes as high air cargo rates, ocean gridlock persist

Some shippers caught between high jet fuel prices and congestion in vital Middle East waterways are now looking for

Cambodia's king undergoing treatment for prostate cancer

Cambodia's King Norodom Sihamoni said on Friday he has been diagnosed with prostate cancer and is undergoing treatment in China.  

Details of U.S. troops based in Europe as Trump mulls removing some

U.S. President Donald Trump has discussed with his advisers the option of removing some U.S. troops from Europe, a senior White House official told Reuters on Thursday.

US pushes to renew ties with Peru ahead of uncertain election

As Peru heads into the first round of its presidential election on Sunday, Washington is mounting its most assertive push in years to

Warburg Pincus, Munich Re arm team up to invest in Europe's defence sector

U.S. private equity firm Warburg Pincus has launched an investment platform focused on Europe's defence and security sector, with MEAG, the asset manager of reinsurer Munich Re,

Russia's Putin announces Orthodox Easter ceasefire, Ukraine's Zelenskiy agrees

Russian President Vladimir Putin on Thursday announced a 32-hour ceasefire over a two-day period for Orthodox Easter and his Ukrainian counterpart Volodymyr Zelenskiy said Kyiv

Indonesia's Prabowo calls for criminal charges against firms resisting forest crackdown

Indonesian President Prabowo Subianto ordered prosecutors on Friday to file criminal charges against companies that refuse to cooperate with a task force he launched to

Back from the brink?

By Anna Szymanski April 10 -   Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Kremlin says Putin envoy's US visit does not mean Ukraine talks have resumed

The Kremlin said on Friday that a visit to the United States by Russian President Vladimir Putin's special investment envoy did not mean that negotiations on a possible

India says deeply concerned by reports of civilian casualties in Lebanon

India is "deeply concerned" by reports of civilian casualties in Lebanon, the Indian foreign ministry said on Friday, two days after Israel's worst bombardment in its

World Food Programme warns Lebanon facing food security crisis due to Iran war

Lebanon is facing a food security crisis due to Israel's offensive against militant group Hezbollah, which has disrupted supplies of goods and pushed

Global equity fund inflows surge on Middle East ceasefire boost

Global equity fund inflows nearly doubled in the week through April 8 as a two-week Middle East ceasefire raised hopes of a resumption of shipments through the Strait of Hormuz.

Melania Trump's Epstein comments mark rare public foray for 'unknowable' first lady

Melania Trump, an enigmatic former model from Slovenia, has occupied the role of U.S. first lady on her own terms.

U.S. equity fund inflows surge on optimism over Mideast ceasefire

U.S. investors ramped up purchases of equity funds in the week to April 8, as hopes for a two-week Middle East ceasefire boosted expectations for a reopening of the Strait of

Ukraine, Russia move towards potential peace deal, Bloomberg reports

Ukraine and Russia are moving towards a potential deal to end the war, Bloomberg News reported on Friday, citing the top aide to Ukrainian President Volodymyr Zelenskiy.

UK's Starmer and Trump discussed military options for Strait of Hormuz

British Prime Minister Keir Starmer said on Friday that he discussed military capabilities and the logistics of moving vessels though the Strait of Hormuz when he spoke to

Fed's Daly says oil shock means getting inflation down takes longer

San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good

Lithium bulls set to gatecrash Chile's copper party

Chile is set to break with precedent and open its annual global copper gathering next week with a day of panels devoted

Mali backs Morocco's autonomy plan for Western Sahara

Mali supports Morocco's autonomy plan for Western Sahara, Foreign Minister Abdoulaye Diop said on Friday, becoming the latest African country to endorse Rabat's vision for

USTR: China involvement in Iran would complicate matters

U.S.

Lufthansa strike disrupts tens of thousands of passengers as City Airlines secures pay deal

Tens of thousands of passengers faced travel disruption across Germany on Friday as cabin crew at Lufthansa and its regional unit Lufthansa CityLine staged a day-long

Traders keep bets the fed will stay on hold all 2026

Traders on Friday kept bets the Federal Reserve will leave interest rates on hold through the end of 2026 after the Labor Department reported consumer prices surged in March, as

S&P 500, Nasdaq open higher after inflation data; Mideast in focus

The S&P 500 and the Nasdaq opened higher on Friday after March inflation data largely aligned with expectations despite persistent pressures from the Iran war, while investors

March inflation report, first to show impact of war, is in line with expectations

U.S. consumer prices rose 3.3% from a year ago in March, data showed, giving investors a first glimpse of the impact on prices of the U.S.-Israeli war against Iran.

Nine people killed in second school shooting in Turkey in two days

Nine people killed in second school shooting in Turkey in two days

Canada's March employment posts modest increase, jobless rate unchanged

Canada's job growth remained subdued in March while the unemployment rate held steady at 6.7% from the prior month, data showed on Friday, signaling

Glencore buys 45% stake in South Carolina aluminium recycling plant

Glencore on Friday said it acquired a 45% stake in an aluminium recycling and remelting plant near Charleston, South Carolina, strengthening the London-listed miner's position in

Key facts about Sunday's election in Hungary and possible outcomes

Hungarians vote in a landmark parliamentary election on Sunday that is being closely watched in the European Union, the United States, Russia and beyond.

Brazil annual inflation accelerates in March on fuel price pressures

Brazil's 12-month inflation rose more than expected in March, official data showed on Friday, driven by higher transportation costs, particularly gasoline prices, amid

Vance warns Iran not to "play us" as he leaves for talks

Vice President JD Vance said on Friday he was looking forward to having positive negotiations with Iran as he left for talks in Pakistan with a warning to Tehran not

Can the US and Iran bridge their differences in talks?

The U.S. and Iran are set to hold peace talks in Pakistan, which has been mediating, but remain deeply divided on key issues, even though President Donald Trump has said proposals

Ukrainians and Russians doubt 32-hour Easter truce will lead to lasting peace

Ukrainian officials urged Russia on Friday to extend a ceasefire it announced for Orthodox Easter this weekend and restart talks to end the war, but people on the streets of

US consumer sentiment dives to a record low in April amid Iran war

U.S. consumer sentiment plunged to a record low in early April and consumers anticipated a surge in inflation in the next 12 months, a survey showed on Friday.

Lockheed Martin secures $4.7 billion Patriot interceptor missile production contract

Lockheed Martin said on Friday the U.S. government awarded the defense giant a $4.7 billion preliminary contract to continue critical accelerated production of the Patriot

US factory orders unchanged in February for second straight month

New orders for U.S. factory goods were unchanged for a second straight month in February as weak demand for commercial aircraft offset gains elsewhere.

Spat over oil price relief exposes strains in Germany's coalition

Germany's economy minister on Friday proposed higher tax breaks to commuters but dismissed proposals by the government's junior

Airline pilots fear retribution over refusing to fly in Middle East, aviators' group says

Airline pilots who have safety concerns about flying in the Middle East during the Iran war have told a global

Russian investigative journalist is placed in pre-trial detention

A Russian court on Friday ordered the detention of Oleg Roldugin, an investigative journalist for independent newspaper Novaya Gazeta, following his arrest a day earlier.

Netanyahu requests delay in his corruption trial testimony

Prime Minister Benjamin Netanyahu has asked to postpone giving testimony in his long-running corruption trial that was set to resume next week, citing

Outflows from leveraged loan funds jump as investors shun credit risk

U.S. leveraged loan funds are suffering heavy outflows this year as investors grow more cautious about credit risk while broader concerns mount over

Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits

Meta Platforms said on Thursday it is pulling ads from Facebook and Instagram aimed at recruiting new plaintiffs for ongoing litigation accusing it

Middle East war spotlights Florida's fuel supply vulnerability

Florida residents have paid significantly more than the nationwide average for gasoline and diesel in recent weeks as the U.S.-Israeli war with Iran

Estonia says detaining Russia's tankers in Baltic Sea is too risky

NATO member Estonia will refrain from detaining Russia's "shadow fleet" vessels in the Baltic Sea, worried that seizing oil tankers

How many people have been killed in the Iran war?

Thousands of people have been killed across the Middle East in the Iran war, which began when the U.S. and Israel struck Iran on February 28

Brazil and US launch joint action to fight organized crime

The Brazilian government on Friday announced a joint initiative with the U.S. to combat organized crime, involving the integration of data from Brazil's

After years of war with Russia, Ukraine's farmers are hit by Iran conflict

Mykola Maliienko, who farms the rich, black soil of central Ukraine and exports crops

UK police arrest Sudanese man after four die in Channel boat crossing

British police have arrested a Sudanese man on suspicion of endangering life after four migrants died while attempting to cross the Channel from France to Britain on a

STOXX 600 gains for a third week with focus on Middle East peace talks

European equities edged higher on Friday, notching up a third straight week of gains as cautious optimism ahead of U.S.-Iran weekend talks

Polls in Hungary and Peru next in key election year for world markets

Voters in Hungary could deliver a boon to bond investors, while

Djibouti's Guelleh expected to win sixth term after age limits lifted

East Africa's Djibouti is set to vote for a president on Friday, with incumbent Ismael Omar Guelleh expected to extend his 27-year rule after parliament removed age limits that

Iran wanted to negotiate with Vance. They got their wish

When JD Vance arrives in Islamabad for talks on Saturday with Iranian officials, it will fulfill a wish

Hungarian opposition leads PM Orban's Fidesz, poll shows

Hungary's centre-right Tisza party leads Prime Minister Viktor Orban's ruling Fidesz ahead of Sunday's parliamentary election, a poll published by newspaper Nepszava

Fed will need to explain why current inflation jump differs from 2022 surge

When surging U.S. inflation peaked in June of 2022, driven by rising prices for energy but also for food, shelter, vehicles, and a host of other

U.S. Democrats keep pressure on Trump regulators over 'suspicious' trades

Two Democratic U.S. senators have called on the federal commodities markets watchdog to investigate lucrative recent trading activity on oil markets since March 23

How has Hungary changed during Orban's 16 years in power?

Hungarian Prime Minister Viktor Orban and his Fidesz party face their first closely contested election on April 12 after four consecutive landslide victories since 2010.

US consumer inflation hot in March amid record surge in gasoline prices

U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and

Coordinated Telegram posts push pro-Orban narratives on eve of Hungary vote, research shows

Sophisticated online operators are posting coordinated waves of content in the Telegram messaging app to spread fear about what will

White House opted against televised address about Iran ceasefire, US officials say

The White House considered but decided against a national televised address by President Donald Trump on Tuesday about his ceasefire

Colombia gov't to propose $4.4 billion tax reform to congress, as end of session nears

Colombia's leftist government will propose a $4.39 billion tax reform to congress in the coming days, Finance Minister German Avila said on Friday, though the bill is

One dead, 27 injured as bus carrying British tourists crashes in Spain's La Gomera

At least one person died and 27 were injured after a bus carrying British tourists crashed down a ravine on the Spanish island of La Gomera, emergency services said on

South Africa unveils draft AI policy, proposes new institutions and incentives

South Africa on Friday unveiled a draft national AI policy, seeking public comment on sweeping proposals to regulate and accelerate AI adoption.

Ceasefire sends dollar toward weekly drop with US-Iran talks in focus

The dollar slipped on Friday, putting it on track for its largest weekly drop since January, as investors sold safe-haven assets on the assumption that

Americans give record-low marks to economy, in ominous sign for Republicans

Americans are souring on the U.S. economy to a degree never before seen, with the stiffest inflation in four years exacerbating the political risk for

Oil ends lower ahead of U.S.-Iran ceasefire talks, posts steepest weekly loss since 2022

Oil futures settled lower on Friday and posted their biggest weekly decline since 2022 ahead of talks between Iran and the U.S. aimed at securing a

Kamala Harris says she might run for president again in 2028

Former Vice President Kamala Harris, who was the Democratic Party's nominee for the presidency in 2024, said on Friday that she was considering running for president again in 2028

China will not tolerate independence for Taiwan, Xi tells island's opposition leader

China will "absolutely not tolerate" independence for Taiwan, which is the chief culprit in undermining peace in the Taiwan Strait, President Xi Jinping told

Colombia raises Ecuador tariffs to 100% as trade tensions escalate

Colombia will raise tariffs on neighboring Ecuador to 100% from 30%, Colombia's trade ministry said on Friday, matching Ecuador's measure from a day earlier amid an

Meta must face youth addiction lawsuit by Massachusetts, court rules

Meta Platforms must face a lawsuit by Massachusetts' attorney general alleging the company designed its Instagram social media platform to addict children,

Bessent, Powell warned bank CEOs about Anthropic model risks, sources say

U.S.

Equities mixed, oil dips in cautious trade ahead of US-Iran talks

Equities were mixed on Friday and oil prices dipped as investors anxiously awaited U.S.-Iran talks scheduled for the weekend,

North Korea's Kim meets China's foreign minister, calls for stronger ties, KCNA says

North Korean leader Kim Jong Un met China's foreign minister, state media KCNA said on Saturday.

China's top diplomat meets North Korea's Kim, calls for closer coordination

China and North Korea should further enhance communication and coordination in major international and regional affairs, China's foreign minister said in a meeting with

US trade court challenges Trump's basis for 10% global tariffs

A panel of trade court judges challenged the legality of President Donald Trump's 10% tax on most imports, suggesting a large trade deficit might not

Wall Street creates new credit-default swap index to bet against private credit

S&P Dow Jones Indices is launching a new credit-default swap index linked to the private credit market, giving investors a tool to bet against a sector that has faced turbulence

Eric Swider resigns from Trump Media board 

Trump Media & Technology Group said on Friday that Eric Swider, a key figure in the company's public listing, had resigned from its board. 

US Democratic lawmaker Raskin seeks commission to oversee removal of presidents

U.S.

Fitch's outlook cut on Turkey flags growing economic strain

Credit rating agency Fitch revised Turkey's outlook to "stable" from "positive", citing a sharp erosion in foreign exchange reserves due to heavy intervention to support the lira

Trump says US will have Strait of Hormuz 'open fairly soon'

President Donald Trump told reporters on Friday that the U.S. will have the Strait of Hormuz "open fairly soon" but did not elaborate

Wall St ends mixed, notches weekly gains as investors parse Middle East negotiations

U.S. stocks closed mixed on Friday, with investors pressing pause as they headed into the weekend and kept an eye on ongoing Middle

Trump's peace board faces cash crunch, stalling Gaza plan, sources say

Donald Trump's Board of Peace has received only a tiny fraction of the $17 billion pledged for Gaza, preventing the U.S.

Iranian delegation lands in Islamabad ahead of 'make-or-break' talks

Iran's negotiating team arrived in Islamabad on Friday for peace talks with the

IMF retains floor for precautionary balances at SDR 20 billion

The International Monetary Fund said on Friday its executive board has agreed to retain the current floor for precautionary balances, which consist of general and

Snapchat owner cuts 16% of global staff in latest round of job cuts

Snap Inc., the owner of Snapchat, is cutting about 16% of its global workforce, which means around 1,000 jobs

Fed asks about US banks' exposure to private credit firms, Bloomberg reports

The Federal Reserve is asking major U.S. banks for details about their exposure to private credit following a surge in redemptions from the funds and a rise in troubled loans in

FAA, Pentagon sign agreement on anti-drone laser system near Mexico

The Federal Aviation Administration and Pentagon said on Friday they had signed an agreement allowing the government's use of a high-energy laser

US DHS calls furloughed staff back to work despite shutdown