Economy

New York just witnessed one of the most unexpected political upsets in recent memory. Zohran Mamdani, a 33-year-old democratic socialist and state assemblyman, defeated former Governor Andrew Cuomo in the Democratic…

Oil prices are expected to fall further if the ceasefire between Iran and Israel holds, according to experts. Things took a dramatic turn on Tuesday after US President Donald Trump announced…

Shares of Commonwealth Bank of Australia (CBA) surged to a record high on Tuesday, buoyed by news of a ceasefire between Iran and Israel announced by US President Donald Trump.…

Recent hostilities in the Middle East with Iran and Israel trading strikes, and the US joining the latter in carrying out strikes on Iranian nuclear sites have raised as much…

Metal producers within the European Union are urging the bloc to implement export duties or restrictions on scrap metal shipments. This push, expected “in the next few weeks,” aims to counteract…

It’s official. The United States has bombed Iran’s nuclear enrichment sites, opening a volatile new chapter in a conflict that markets were hoping would stay regional. After months of escalating proxy…

The Strait of Hormuz, through which around a fifth of the global oil supply is transported every day, remains at the centre of attention on Monday. Oil and LNG markets face…

Tesla Inc. made a modest but pivotal move in its bid to dominate the autonomous vehicle industry by launching its robotaxi service in Austin, Texas on Sunday. The pilot program,…

Shares of GMS Inc. soared on Friday as the building-products distributor became the centre of a potential bidding war between two heavyweights in the construction supply industry: Home Depot and…