Economy

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…

Japan’s rice prices are facing their most severe shock in more than half a century, with costs more than doubling over the past year. The crisis is exposing structural flaws…

Bank of America Global Research boosted its year-end projection for the STOXX 600 index to 530 from 500 on Friday, citing sustained resilience in global GDP following a recent truce…