Apr 21, 2026 | Markets
The world’s top oil traders warned that the ongoing closure of the Strait of Hormuz is increasing the risk of a global recession as fuel demand takes a hit. The vital energy channel has been largely closed to non-Iranian shipping since war began at the end of...
Apr 21, 2026 | Markets
US President Donald Trump said a currency swap with the United Arab Emirates is under consideration, as the Gulf state floats the prospect of financial assistance to weather the fallout from the Iran war. “It is,” Trump said Tuesday on CNBC when asked if the...
Apr 21, 2026 | Markets
A renewed surge in enthusiasm for artificial intelligence will help drive US stocks to higher-than-expected levels this year, according to strategists at JPMorgan Chase & Co. The team led by Dubravko Lakos-Bujas has raised its year-end target for the S&P...
Apr 20, 2026 | Markets
New Zealand inflation unexpectedly held above the top of the Reserve Bank’s 1%-3% target last quarter, prompting markets to boost bets on a July interest-rate hike as the impact of an Iran-war driven surge in fuel prices is still to come. The currency and bond yields...
Apr 18, 2026 | Markets
President Donald Trump signed an executive order to expedite research and access to psychedelics used outside the US to treat post-traumatic stress disorder. “Today’s order will ensure that people suffering from debilitating symptoms might finally have a chance to...
