Business
Iran war energy shock drives inflation spikes across Asia
The economic fallout from the U.S.-Iran conflict intensified this week as several Asian economies reported sharp inflation spikes in April, fueled by…
Category: Business
Business
Iran war freezes global rate cuts as inflation surges
The conflict in Iran has upended what was expected to be a year of monetary easing, with major central banks across the…
Business
FSB warns on private credit risks a day after HSBC’s $400M loss
HSBC disclosed a $400 million loss tied to the collapse of UK mortgage broker Market Financial Solutions, routed through a complex chain…
Business
JBS billionaire helped arrange Lula-Trump meeting set for Thursday
Brazilian billionaire Joesley Batista, co-owner of meatpacking giant JBS, played a key role in arranging the meeting between U.S. President Donald Trump…
Business
Bessent heads to Japan as yen intervention fears mount
U.S. Treasury Secretary Scott Bessent is set to travel to Japan next week for talks expected to focus on currency policy, critical…
Business
Airlines cut 75,000 summer flights as jet fuel crisis deepens
Airlines around the world have cancelled approximately 13,000 flights scheduled for May and removed nearly two million seats from their schedules as…
Business
AMD blowout earnings fuel Nasdaq records, global chip rally
Advanced Micro Devices shattered Wall Street expectations on Tuesday, reporting first-quarter revenue of $10.3 billion — a 38% year-over-year increase — an...
Business
Gold surges as Trump pauses Hormuz operation, oil drops
Spot gold surged nearly 2% on Wednesday, climbing above $4,630 per ounce, as a sharp drop in crude oil prices eased inflation…
Business
Uber tops Q1 estimates as bookings hit $53.7B
Uber Technologies reported first-quarter 2026 earnings on Wednesday morning that exceeded Wall Street expectations, sending shares sharply higher in pre-ma...
Business
Samsung crosses $1 trillion valuation on AI chip rally
Samsung Electronics shares surged more than 12% on Wednesday, pushing the South Korean tech giant's market capitalization past $1 trillion and making…