Investing
Wall Street Sets Record, Global Equities Gain on Iran Ceasefire Optimism
World shares mostly advanced, with Wall Street reaching a new record, as investors eyed potential ceasefire extensions in the Iran war and...
#Oil Prices 72 articles
Investing
Bessent’s Global Economic Engagement Questioned Amidst Priorities
US Treasury Secretary Scott Bessent's pledge of international engagement is being met with skepticism by global finance officials, who cite his limited...
Markets
Houthi Attacks Drive Oil Price Rise, Shipping Disruption Fears
Global oil prices are surging as Houthi rebel attacks on Israeli targets and commercial ships in the Bab-el-Mandeb strait escalate, raising fears...
Markets
Gold Secures Fourth Weekly Gain on Iran Deal Optimism
Gold is set for its fourth consecutive weekly gain, propelled by softening oil prices and increasing optimism surrounding a potential peace agreement...
Markets
Iran Imposes ‘Tolls’ on Ships in Strait of Hormuz
Iran has reportedly begun collecting tolls from vessels seeking safe passage through the Strait of Hormuz, impacting oil prices and stock markets.
Economy
Ken Griffin Recession Warning: Will Stocks Crash?
Billionaire Ken Griffin links a prolonged Strait of Hormuz closure to an inevitable recession. Investors ponder the potential stock market fallout.
Investing
Bessent: Iran Security Trumps Economic Pain; IMF Warns Recession Risk
US Treasury Secretary Scott Bessent asserts short-term economic pain is justified for long-term security from Iran, even as the IMF warns of...
Markets
Gold Dips as Fed Rate Cut Hopes Fade, Hormuz Tensions Mount
Gold prices edged lower on Monday, driven by diminishing expectations for U.S. Federal Reserve rate cuts and escalating U.S.-Iran tensions over the...
Finance
Singapore Central Bank Eyes Tightening as Oil Prices Lift Costs
Singapore's central bank is expected to tighten monetary policy this Tuesday, driven by rising import costs from the Iran war and inflation...