Economy

In a major legislative breakthrough for the cryptocurrency industry, the United States Senate on Tuesday passed the GENIUS Act, the first federal law to set guardrails for US dollar-pegged stablecoins.…

Meta Platforms Inc. has once again captured the attention of Wall Street with its aggressive push into artificial intelligence, sending its stock up more than 40% from April lows and…

Donald Trump abruptly departed the G7 Summit in Canada on Monday evening, citing the escalating conflict between Israel and Iran. French President Emmanuel Macron told reporters that the US president…

The European Commission on Tuesday is expected to propose a ban on Russian gas and liquefied natural gas (LNG) imports into the EU by the end of 2027. This measure will…

US President Donald Trump dismissed speculation that his early departure from the G7 summit in Canada was linked to potential ceasefire talks between Israel and Iran, contradicting earlier comments made…

Maritime traffic through the Strait of Hormuz is facing new disruption as shipowners reassess security risks in the wake of rising hostilities between Israel and Iran, as per a CNBC…

In May, China saw a continued increase in crude stock builds, despite a decline in seaborne imports.Stockpiling rate exceeded 1 million barrels per day in May for the second-consecutive month,…

Worries over potential disruptions stemming from the Israel-Iran conflict are impacting the oil shipping industry. The costs associated with chartering tankers to transport oil from the Middle East to Asia have…

The USD/JPY exchange rate could be on the verge of a big move after forming a symmetrical triangle ahead of the Federal Reserve and Bank of Japan (BoJ) interest rate…