Oil prices slide on hopes of US-Iran peace deal
Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
Asia-Pacific markets track overnight gains in U.S. stocks on lower oil prices amid hopes of a Iran-U.S. deal
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 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…
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%….
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…
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…
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…
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….