Asia markets open higher as hopes for a U.S.-Iran deal rise and oil prices drop
Asia-Pacific markets track overnight gains in U.S. stocks on lower oil prices amid hopes of a Iran-U.S. deal
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Asia markets mostly rise amid hopes of a U.S-Iran deal, China data in focus
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on July 28, 2025. CFOTO | Future Publishing | Getty Images Asia-Pacific markets opened mostly higher Tuesday, amid hopes that a deal between Washington and Tehran was still possible even as the U.S. blockades Iranian shipments…
Asia-Pacific markets mostly rise in Easter trade on hopes for Hormuz reopening
Asia-Pacific markets traded mostly higher Friday, after Iran and Oman were reportedly drafting a protocol to “monitor transit” through the Strait of Hormuz, raising hopes that the crucial waterway could partially reopen. Tanker traffic through the key oil-shipping route “should be supervised and coordinated” with the two countries, said Kazem Gharibabadi, Iran’s deputy foreign minister of…
Iran peace hopes fuel relief rally
The 10-year Treasury yield was relatively unchanged on Wednesday as the prospect of a resolution to the Iran conflict lifted investor sentiment. The yield on the 10-year Treasury rose less than 1 basis point to 4.315%. The 2-year yield dropped 1 basis point to 3.789%, while the 30-year Treasury yield was up more than a basis point at 4.906%….
War kills rate cut hopes as Reserve Bank warns of inflation spike
Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up inflation. Economists polled by Reuters had expected no change in the repo rate, as the Middle East conflict…
U.S. medal hopes in figure skating came down to one skater. Ilia Malinin was golden.
MILAN — Two days and 11 skaters into figure skating’s team event, the United States’ gold-medal hopes hinged on one final skater. Follow along for live updates Ilia Malinin, who at only 21 years old had already earned a world championship and developed an ability to pull off tricks no other man in history had…
Africa: Broken Promises, Shattered Hopes – – the Plight of African Climate Migrants Seeking Work in ‘Wealthier’ SA
Climate refugees who abandon drying agricultural lands in frontier countries and head to South Africa to seek new livelihoods are encountering crushing hardship in this country. ‘Crop yield, livestock failed. That’s why we came to South Africa confident of a fresh start,” says Joshua Tuso (41), an undocumented migrant from Zimbabwe. But “it has been…
The Fed hopes the third cut’s the charm
It’s hump day and rate cut day, so I tapped senior business correspondent Christine Romans to share her reporting from the briefing with Chairman Jermone Powell. Her takeaway? There seems to be no magic bullets for some of the economic issues affecting everyday people. But the Fed has to do something, so here we are….
Asia-Pacific markets rebound on revived Fed cut hopes
Hong Kong Spreephoto.de | Moment | Getty Images Asia-Pacific markets started the week higher after the New York Federal Reserve President signaled that a third rate cut could happen this year. On Friday, New York Federal Reserve President John Williams suggested the Fed could lower its key interest rate from here as labor market weakness poses a…
The Chiefs’ Super Bowl hopes aren’t dead yet after they finally won a close game
On their way to a Super Bowl appearance last season, the Kansas City Chiefs could do no wrong in close games, posting an 12-0 record in games decided by one score or less. Yet the Chiefs entered Week 12 of this season just 5-5 and facing the possibility of having a losing record through 11…