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Japan’s Kiuchi: Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan
Minoru Kiuchi, Minister of State for Economic and Fiscal Policy of Japan, said on Tuesday that “Toky...
Iran strikes commercial ships in the Strait of Hormuz
Bloomberg carried a story by an Axios reporter late Monday, citing a US official, that Iran fired at...
British Pound gains as easing Fed hike bets weigh on US Dollar
GBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the...
Australian Dollar bounces off two-month low amid softer USD; upside seems capped
The AUD/USD pair recovers a few pips after touching a fresh two-month low during the Asian session on Thursday and moves back above the 0.7000 psychological mark.
Oil Prices Spike as Iran Declares Strait of Hormuz Closed
Oil prices surged again in early Asian trade on Thursday after Iran declared the Strait of Hormuz closed following a fresh round of U.S. strikes on the country. At the time of writing, Brent crude had ...
Asian shares slip after another sell-off of AI stocks on Wall St, while oil prices rise
Shares are mostly lower in Asia following another sell-off of artificial-intelligence stocks that dragged the U.S. market sharply lower. U.S. futures advanced and oil prices gained more than $1 a bar ...
British Pound nudges higher above 1.3350 despite rising Fed hike bets
The GBP/USD pair gathers strength to around 1.3385 during the Asian trading hours on Thursday. However, the potential upside might be limited amid rising expectations for higher-for-longer US interest ...
SpaceX on cusp of record IPO that could make Musk a trillionaire
SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire s ...
Dow Jones Futures Rise Despite Iran Attacks, Oracle's Dive; SpaceX IPO On Launch Pad
Futures rose as Trump launched new U.S. attacks vs. Iran while Oracle tumbled on earnings. The SpaceX IPO is on tap.
Marvell (MRVL) to Join S&P 500 Index
Marvell Technology, Inc. (NASDAQ:MRVL) is one of the 10 Best Performing Growth Stocks So Far in 2026. On June 5, Reuters reported that Marvell Technology, Inc. (NASDAQ:MRVL) is set to join the S&P 500 ...
Iranian military drones targeted US Fifth Fleet in Bahrain in response to southern US strikes
The Iranian military announced in a statement that it had launched a drone operation against the US Navy’s Fifth Fleet based in Bahrain, in response to the violation of the ceasefire and US military a ...
Euro gathers strength to near 1.1550 ahead of ECB rate decision
The EUR/USD pair trades in positive territory near 1.1540 during the early Asian trading hours on Thursday. Rising bets that the European Central Bank (ECB) will deliver a rate hike at its June policy ...
WTI rises to near $91.00 as US strikes continue against Iran
West Texas Intermediate (WTI) oil price extends gains for the second successive day, trading around $90.70 per barrel during the Asian hours on Thursday.
Trump’s Iran war has propelled China’s cleantech industry
Disruption to global energy supplies sparks surge in demand for alternatives
Review & Preview: The AI Rally Keeps Unwinding
The Nasdaq Composite tumbled again today after the latest inflation reading and higher oil prices failed to stop the bleeding. Chips were at the heart of the downturn, with the iShares Semiconductor ...