Business
ECB and Bank of England challenge US stablecoin push
Europe's two most powerful central bankers on Friday issued pointed warnings about the United States' embrace of stablecoins, exposing a deepening transatl...
Category: Business
Business
China’s April exports seen rebounding on Iran war stockpiling
China's export growth likely rebounded in April as global companies rushed to stockpile components amid ongoing supply chain disruptions from the Iran…
Business
Japan spends $65B defending yen as oil shock batters Asian economies
Oil prices climbed back above $100 a barrel on Friday as renewed clashes between the United States and Iran in the Strait…
Business
Asian currencies slide as US-Iran clashes roil markets
Multiple Asian currencies came under pressure on Friday as renewed US-Iran hostilities near the Strait of Hormuz drove investors toward safe-haven assets,…
Business
Oil surges, stocks waver as US-Iran clashes rattle markets
Geopolitical uncertainty gripped financial markets on Friday as renewed hostilities between the United States and Iran in the Strait of Hormuz sent…
Business
Maersk shares slide as CEO warns energy crisis will outlast Iran war
Shipping giant Maersk warned Thursday that the Iran war has added nearly $500 million per month to its operating costs and cautioned…
Business
Oil supply crisis set to worsen even if Iran peace deal is reached, Reuters reports
The war between the United States and Iran is sending deepening economic shockwaves across Asia even as Washington awaits Tehran's response to…
Business
Uber agrees to acquire European e-scooter firm Voi for $1.2B
Uber has agreed to acquire Stockholm-based e-scooter and bike-sharing company Voi Technology for $1.2 billion, marking the ride-hailing giant's largest mov...
Business
Silver rallies over 3% as dollar weakens and Hormuz tensions escalate
Silver surged more than 3% on Friday, May 8, trading near $80 per ounce as a weakening U.S. dollar and escalating military…
Business
Brent crude heads for 7% weekly loss amid US-Iran clashes and peace talks
Crude oil markets closed out one of their most turbulent weeks of 2026, with Brent crude on track for a weekly decline…