Economic news


Global Bonds Take Wild Ride in May as Iran War Shocks Market

Global Bonds Take Wild Ride in May as Iran War Shocks Market

The Iran war rocked global bond markets again in May, sending yields to multi-decade highs as traders priced in central bank rate hikes - only for signs of ​progress in peace talks and weak economic data to bring them sharply lower again. Although a clear end to the conflict would ...


May 29, 2026
Coinbase, Kalshi Bring Regulated Perpetual Crypto Futures to US Investors
Coinbase, Kalshi Bring Regulated Perpetual Crypto Futures to US Investors

Cryptocurrency exchange Coinbase and prediction markets platform Kalshi said on Friday they are introducing perpetual crypto futures, marking...

Rising Exports Lower US Goods Trade Deficit in April
Rising Exports Lower US Goods Trade Deficit in April

The U.S. trade deficit in goods contracted more than expected in April as a surge in exports blunted rising imports, but economists cautioned the...

Kalshi Taps Former FBI Analyst Neff for Surveillance Unit
Kalshi Taps Former FBI Analyst Neff for Surveillance Unit

Kalshi has hired former FBI official Tyler Neff on its surveillance team, as part ​of a broader effort to ramp up safeguards on ‌its exchange...

German Inflation Eases in May, Even as Core Inflation Rises
German Inflation Eases in May, Even as Core Inflation Rises

German inflation slowed in May ​due to lower energy prices, and while core inflation accelerated, analysts said that was likely ‌not evidence...

Gold Gains on US-Iran Ceasefire but Faces Monthly Drop
Gold Gains on US-Iran Ceasefire but Faces Monthly Drop

Gold rose for a second ‌straight session on Friday after news the U.S. and Iran may have agreed to extend their ceasefire, though prices were...

Indonesia Issues Decree Allowing State Agency to Import Oil
Indonesia Issues Decree Allowing State Agency to Import Oil

Indonesia has drawn up regulations to allow a state agency ​to import oil and liquefied petroleum ‌gas (LPG) for energy security purposes and...

IndiGo Posts Quarterly Loss on Curbs, Declining Rupee
IndiGo Posts Quarterly Loss on Curbs, Declining Rupee

India's IndiGo expects its capacity growth to slow to around 3% to 4% in ​the first quarter of fiscal 2027 after the ‌airline posted...

UK Midcap Index Rises Weekly as Ocado Signs Asda Deal
UK Midcap Index Rises Weekly as Ocado Signs Asda Deal

The UK's ​domestically focused FTSE 250 index headed for a second straight ‌weekly gain on Friday, powered by a surge in technology firm...

Dollar Heads for Weekly Loss on Mideast Peace Hopes
Dollar Heads for Weekly Loss on Mideast Peace Hopes

The dollar steadied against other major ​currencies on Friday, but was on track to end the week lower after sources said that the U.S. ‌and...

Oil Tumbles, Stocks Gain on US-Iran Deal Hopes
Oil Tumbles, Stocks Gain on US-Iran Deal Hopes

World stocks edged higher on Friday while oil prices slid and headed for ​a weekly drop as traders awaited clarity on efforts to reopen the Strait...

Iran War Inflation Fallout Broadens in Top Euro Nations
Iran War Inflation Fallout Broadens in Top Euro Nations

Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third ​straight month in May,...

Yen Back in Danger Zone as Tokyo Keeps Markets on Edge
Yen Back in Danger Zone as Tokyo Keeps Markets on Edge

As Japan's yen drifts back to levels that prompted official intervention ​a month ago, markets are sizing up Tokyo's remaining financial...

GBP Edges Lower, BoE's Bailey Signals no Rush to Raise Rates
GBP Edges Lower, BoE's Bailey Signals no Rush to Raise Rates

The British pound edged lower ​against the dollar on Friday as uncertainty over a possible U.S.-Iran peace deal ‌kept investors cautious,...

European Stocks Rise as Investors await US-Iran Ceasefire
European Stocks Rise as Investors await US-Iran Ceasefire

European shares rose on Friday and were on track to end May higher, as investors hoped that a proposed deal to extend the Middle East...

Dell Rallies about 40% on Strong Nvidia‑Powered AI Server Demand
Dell Rallies about 40% on Strong Nvidia‑Powered AI Server Demand

May 29 (Reuters) - Shares of Dell Technologies soared nearly 40% in premarket trading on Friday, after robust demand for its Nvidia-powered AI...

S&P 500, Nasdaq Hit Record Highs as US, Iran Extend Peace
S&P 500, Nasdaq Hit Record Highs as US, Iran Extend Peace

The S&P 500 ​and the Nasdaq posted record closing highs on Thursday after news reports said the U.S. and Iran had reached a...

UK Business Sentiment Edges Up in May, Lloyds says
UK Business Sentiment Edges Up in May, Lloyds says

British business sentiment edged up in May and is now close to its level before ​the Iran war, according to a monthly survey ‌by Lloyds on...

Huawei Bets on Speed over Smaller Chips to Skirt US Bans
Huawei Bets on Speed over Smaller Chips to Skirt US Bans

Huawei's new chip design principle focused on boosting transmission speed rather than continuing to shrink semiconductors offers a...

Anthropic's Valuation Surges to $965 bln, Surpassing OpenAI
Anthropic's Valuation Surges to $965 bln, Surpassing OpenAI

Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to ​bolster computing capacity to meet...

May 28, 2026
Nebius Stock Jumps over 10% on ex-OpenAI Fund Investment
Nebius Stock Jumps over 10% on ex-OpenAI Fund Investment

AI infrastructure firm Nebius Group's shares climbed over 10% in ​premarket trading on Thursday, after Situational ‌Awareness, a fund...

Brazil Q1 Economic Growth to have Picked Up on Manufacturing
Brazil Q1 Economic Growth to have Picked Up on Manufacturing

Brazil's economy is expected to have grown faster in the first quarter against the last three months of 2025 aided by stronger manufacturing...

CVS Brings Back Coverage for Lilly's Obesity Drug Zepbound
CVS Brings Back Coverage for Lilly's Obesity Drug Zepbound

CVS Health will add Eli Lilly's weight-loss drug Zepbound back to some ​of its drug lists as an additional preferred option and also...

Dollar Tree Raises Annual Profit Forecast on Steady Demand
Dollar Tree Raises Annual Profit Forecast on Steady Demand

Dollar Tree raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budget‑conscious...

US Core Capital Goods Orders Fall in April
US Core Capital Goods Orders Fall in April

New orders for key U.S.-manufactured capital goods unexpectedly fell in April after hefty gains in the prior months, but demand ​remains...

IBM Plans $10B Quantum Computer Investment by 2029
IBM Plans $10B Quantum Computer Investment by 2029

IBM will invest more than $10 billion over ​the next five years ‌in an effort to deliver the first large-scale fault-tolerant quantum...

Best Buy Forecasts Upbeat Sales on Steady Gadgets Demand, Ads and Marketplace Growth
Best Buy Forecasts Upbeat Sales on Steady Gadgets Demand, Ads and Marketplace Growth

Best Buy on Thursday forecast second-quarter sales above Wall Street estimates and beat first-quarter earnings expectations on steady...

Hormel Foods Tops Quarterly Estimates on Strong Demand for Protein-Rich Foods
Hormel Foods Tops Quarterly Estimates on Strong Demand for Protein-Rich Foods

Skippy ​peanut butter maker Hormel Foods beat ‌second-quarter sales and profit estimates on Thursday, helped by strong demand for its...

Americans are Dropping Obamacare, Especially in Kentucky
Americans are Dropping Obamacare, Especially in Kentucky

More Americans are dropping out or being kicked off Obamacare health insurance for non-payment than in past years, according to data through April...

US and Mexico Launch Trade Talks over Auto Content Rules
US and Mexico Launch Trade Talks over Auto Content Rules

U.S. and Mexican negotiators begin formal talks to revamp the North American trade ​deal on Thursday, with Washington demanding stronger regional...

High Costs Ddivide US Summer Travel into Haves and Have-Nots
High Costs Ddivide US Summer Travel into Haves and Have-Nots

Rising airfares and hotel rates are making budget-conscious Americans delay or cancel summer trips while wealthy travelers ​are holding fast to...

Oil Rises after Iran and US Trade Airstrikes
Oil Rises after Iran and US Trade Airstrikes

Oil ‌prices jumped more than 2% on Thursday after Iran's Revolutionary Guards said they had targeted a U.S. airbase in response...

Norway Oil Companies Raise Investment Outlook, Survey Shows
Norway Oil Companies Raise Investment Outlook, Survey Shows

Norwegian oil and gas ‌companies have raised their projected investments for 2026 and 2027 compared to estimates made three months ago, but...

Dollar Edges Up with Iran Conflict, US Rate Outlook in Focus
Dollar Edges Up with Iran Conflict, US Rate Outlook in Focus

The U.S. dollar was slightly higher on Thursday, after touching ​its strongest level since early April, as doubts grew over prospects of a deal to...

Gold Hits 2-Month Low as War Inflation Fuels Rate Bets
Gold Hits 2-Month Low as War Inflation Fuels Rate Bets

Gold prices dropped to a two-month ‌low on Thursday as inflation fears were stirred up after the U.S. and Iran traded more air strikes,...

Pound Drops as Middle East Tensions, Domestic Politics Weigh
Pound Drops as Middle East Tensions, Domestic Politics Weigh

Sterling slipped for a third straight day against both the euro and the dollar, as investors focused on Middle East tensions and lingering domestic...

Europe Less Able than US to Contain Crypto-Bank Shocks, UniCredit Director
Europe Less Able than US to Contain Crypto-Bank Shocks, UniCredit Director

Europe may struggle to respond to risks from links between crypto assets and banks in the way U.S. authorities contained ​damage during the 2023...

Stocks Knocked Back from Record Highs as Gulf Tensions Flare
Stocks Knocked Back from Record Highs as Gulf Tensions Flare

Stocks retreated from record highs on Thursday after a fresh U.S. military strike on Iran and Kuwaiti reports of missile attacks...

Wall St Indexes Post Closing Record Highs, AI Rally Pauses
Wall St Indexes Post Closing Record Highs, AI Rally Pauses

Rising healthcare and consumer stocks lifted ​the Dow Jones Industrial Average on Wednesday to a record closing high, while the S&P 500 and the...

Foreign Investors Buy Japanese Stocks for 8th wk on AI Rally
Foreign Investors Buy Japanese Stocks for 8th wk on AI Rally

Foreign investors bought Japanese stocks for the eighth straight week through May 23, as oil prices eased and ​AI-related shares rallied...

BOK's new Chief Reveals Hawkish Posture as Price, FX Risks Grow
BOK's new Chief Reveals Hawkish Posture as Price, FX Risks Grow

The Bank of Korea kept its benchmark interest rate ​unchanged on Thursday, while a hawkish split within its seven-member board signaled an imminent...

UK Vehicle Production Dips in Apr amid Global Market Strains
UK Vehicle Production Dips in Apr amid Global Market Strains

UK auto production fell 1.2% year-on-year in April as a drop in commercial vehicle output and weak exports ​to China weighed on the industry, data...

Nvidia to Spend $150B Year in Taiwan, 'Epicentre' of AI Revolution, CEO
Nvidia to Spend $150B Year in Taiwan, 'Epicentre' of AI Revolution, CEO

Nvidia's chief executive said on Wednesday the ​chip company plans to invest around $150 billion a year in Taiwan, terming it the...


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