Shippers seek clarity as Iran says Hormuz is open
Shipping companies reacted cautiously on Friday after Iran announced the reopening of the Strait of Hormuz, signaling a potential easing of tensions in one of the world’s most critical oil…
Economy
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IMF signals Venezuela loan if data and reforms advance
The International Monetary Fund is preparing to deepen its engagement with Venezuela, with Managing Director Kristalina Georgieva signaling that a financial support program could follow if key conditions are met.Speaking…
Warsh’s nomination scrutiny sets stage for heated confirmation hearing
The nomination of Kevin Warsh to lead the Federal Reserve is fast becoming one of the most contentious confirmation battles in recent years, reflecting a broader clash over central bank…
Hormuz logistics to block 11M bpd of Gulf oil output recovery for weeks
Upstream production in the Middle East will remain constrained for several weeks as shipping logistics continue to face challenges in the Strait of Hormuz. The recovery of the 11 million barrels…
One year on, did Trump’s Liberation Day tariffs make America wealthier?
Just over a year ago, on April 2, 2025, US President Donald Trump walked into the White House Rose Garden holding a large placard and signed what he called a…
S&P 500 Index flashes a death cross as US-Iran war continues ahead of NFP data
The S&P 500 Index continued its strong downward trend last week as the Iran war continued, pushing crude oil and natural gas prices higher. The SPX index fell to $6,368,…
5 charts that show why Trump-Xi summit may not matter in 2026
US President Donald Trump and China’s President Xi Jinping are all set to meet in May this year. The high-profile meeting is enough to move markets, reset expectations and revive…
US jobless claims hit 210,000 as labour market cools gradually
US jobless claims rose slightly last week, suggesting that while hiring has slowed, employers are still holding back from large-scale layoffs in an increasingly uncertain economic environment.Data released by the…
Europe bulletin: Stocks rise, UK retail sales slump
European markets ended higher after a volatile session on Tuesday, as investors navigated geopolitical tensions, shifting rate expectations, and a flurry of corporate developments across sectors. While equities showed resilience,…
Evening digest: Bitcoin dips, Jamie Dimon warns on AI job risks
On Tuesday, Bitcoin saw a pullback while crypto-related stocks saw a decline. Arm announced a move to in-house AI chip production while Jamie Dimon warned about AI-driven job losses in the…