Business News

Global Markets Jump, Oil Drops 3.4% as Trump Claims Israel-Iran Ceasefire

Marketsjumped after Trump declared a ceasefire in the Israel-Iran conflict. Oil prices dropped sharply, with U.S. crude losing 3.4 percent to $66.15. Stocks in Asia, Europe and the U.S. rallied. The dollar slid, gold dipped and focus turned to what the Fed's next signals and U.S. data will bring. The threat of a broader conflict seems to have receded.

Jun 24, 2025

By Anshul Panda

Global Markets Open Cautiously as Oil Surges After US Strikes Iran's Nuclear Sites

Stocks in Asia and Europe fell, and futures markets indicated a weak open in the United States. Investors are awaiting signs of Iranian retaliation, and for signals about Federal Reserve policy and upcoming economic data, including inflation and jobless claims.

Jun 23, 2025

By Anshul Panda

Wall Street Shows Mixed Signals as S&P 500 Down 0.21%, Dow Gains 38 Points as Middle East Tensions Escalate

U.S. markets finished mixed on Friday, with the Dow up 38 points and the S&P 500 and Nasdaq lower as tensions between the U.S. and the Middle East rose. Oil prices fell despite weekly increases. Investors reacted cautiously over the U.S. response to Iran, the Fed's signals of rate cuts, and geopolitical risks. Global markets show mild optimism and volatility.

Jun 21, 2025

By Anshul Panda

Singapore joins IEA as SE Asia oil demand set to rise 80% by 2040

Thailand's Gas Gamble: How Policy Missteps and Private Gains Drive Up Power Bills

Thailand's rising electricity costs are being driven by a flawed shift to expensive LNG imports, policy delays, and corporate influence, leaving households and businesses to bear the burden.

Jun 21, 2025

By David McLaren

Markets Dip as Trump Mulls Iran Strike; Brent Near $78, Gold Hits $3,372, DAX Falls 0.3%

Global markets dipped as Brent crude hovered near $78, gold rose to $3,372, and investors braced for potential U.S. entry into the Israel-Iran conflict. Trump's vague remarks on military action added to market volatility and safe-haven demand.

Jun 19, 2025

By IBT News Desk

Wall Street Slips as Iran-Israel Conflict Sparks Oil Rally and Market Jitters

Wall Street closed sharply lower on Friday as rising tensions between Iran and Israel spooked investors and drove oil prices up nearly 7%. Energy stocks gained, while tech and airline shares fell, signaling heightened market volatility.

Jun 14, 2025

By Anshul Panda

Oil Soars Nearly 7% on Israel-Iran Strikes, Stirring Middle East Supply Worries

Oil prices surged nearly 7% as escalating tensions between Israel and Iran raised fears of supply disruptions. Analysts warn markets may remain volatile unless the situation de-escalates quickly.

Jun 14, 2025

By Anshul Panda

Gold Prices Surge as Middle East Tensions Rise and Rate Cut Hopes Grow

Gold prices climbed sharply as tensions in the Middle East drove demand for safe assets. Softer U.S. inflation also boosted hopes for rate cuts, supporting gold's rally above $3,400.

Jun 14, 2025

By Anshul Panda

Asian Markets Sell Off as Middle East Tensions Spike and Oil Prices Surge

Asian markets declined on Friday as oil prices surged and geopolitical risks spiked after an Israeli strike on Iran. Investors moved toward safe-haven assets like gold, the Swiss franc, and U.S. Treasuries, while awaiting further developments.

Jun 13, 2025

By Anshul Panda

Oil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies

U.S. inflation eased, raising chances of rate cuts and increased oil demand.

Jun 12, 2025

By Anshul Panda

Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise

Gold prices advanced after softer U.S. inflation data raised hopes for a Fed rate cut by September. The dollar weakened and yields dropped, lifting the broader precious metals market.

Jun 12, 2025

By Anshul Panda

Asian stocks step back from one-year high after Fed rate talks

Asian Markets Edge Higher as Trade Talks Show Progress, Inflation Data in Focus

Asian markets posted modest gains as U.S.-China trade talks showed early signs of progress. Investors remained cautious ahead of key U.S. inflation data and a major Treasury auction.

Jun 11, 2025

By Anshul Panda

Oil Prices Rise on US-China Talks and Saudi Supply Cuts, but Iran Threatens Future Stability

Oil prices continued to rise due to positive U.S.-China trade talks and reduced Saudi oil shipments to China. However, potential increased supply from Iran and OPEC+ raises concerns about oversupply later this year.

Jun 10, 2025

By Anshul Panda

Gold Edges Up as Investors Await US–China Talks and Inflation Data

Gold edged higher as investors positioned for key U.S. inflation data and awaited U.S.–China trade progress. Physical demand trends and weaker dollar support helped buoy the precious metal amid cautious sentiment.

Jun 10, 2025

By Anshul Panda

Asian Stocks Climb amid U.S.-China Trade Talks, Bond Yields Shift

Asian markets gained on trade talk optimism and strong U.S. data. Investors now shift focus to inflation readings and Japan's bond market developments.

Jun 10, 2025

By Anshul Panda

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