Latest Business News
Iran Offers US New Proposal to Reopen Strait of Hormuz
Iran has proposed new terms to the US to reopen the Strait of Hormuz, postponing nuclear negotiations, leading oil prices to pare some gains. This comes as talks stall, tightening global supply.
Markets react with cautious optimism amid ongoing disruptions.
Oil Prices Jump Nearly 2% as US-Iran Talks Stall
Brent crude surged $2.50 early Monday due to snagged Iran peace talks and Hormuz disruptions. Prices later moderated on reports of Iran's new proposal.
The crisis fuels supply concerns amid war impacts.
Asian Shares Mixed, Nikkei Hits Record High
Tokyo's Nikkei 225 surged 1.4% to a record 60,537 amid AI tech boom and ceasefire hopes. South Korea's Kospi jumped 2%, while Hang Seng dipped 0.1%.
European indices like DAX rose 0.3% in early trade.
Fed Set to Hold Rates, Leads Uneasy G-7
The Federal Reserve is expected to keep rates on hold this week amid G-7 tensions. Kevin Warsh's confirmation as Fed Chair advances after hurdles cleared.
Markets eye policy amid Iran crisis and earnings.
Busy Earnings Week: Magnificent Seven in Spotlight
Tech giants Alphabet, Microsoft, Meta, Apple report this week alongside Asia's busiest earnings. Intel soared 23.6% to all-time high on strong AI-driven results.
Investors focus on war impacts and AI growth.
China's EVs Dominate 2026 Beijing Auto Show
Domestic EV makers steal spotlight at Beijing Auto Show with flashy tech, outshining legacy automakers. Oil surge sparks further EV momentum.
Nio's exec emphasizes pure electric strategy.
S&P 500 Leaps 13% in Under a Month on Ceasefire Hopes
S&P 500 gained nearly 13% recently amid Iran ceasefire announcement and avoiding economic worst-case. Record momentum rally draws doubters despite highs.
US futures slightly up ahead of earnings.
BOJ Expected to Hold Rates This Week
Bank of Japan anticipated to maintain rates amid market volatility. Jefferies outlook positive for Japan markets.
Nikkei surges support regional optimism.
European Earnings Season Kicks Off with Banks, Autos
EMEA earnings in full swing, previewing banks, cars, energy firms. Adidas and HSBC in focus alongside war impacts.
Asia week offers early war taste.
Intel Hits All-Time High on AI Chip Demand
Intel stock roared 23.6%—best day since 1987—topping dot-com peak on strong Q1 and AI forecast. CEO highlights next AI wave boosting chips.
Taiwan Taiex rallies 1.8% on tech revival.
Consumer Sentiment Improves Slightly Post-Iran Ceasefire
University of Michigan survey shows soured sentiment across demographics, but slight uptick after ceasefire. Hopes build for US-Iran deal avoiding global woes.
Markets on edge with rates, earnings.