Oil prices decline as markets weigh a potential 60-day US-Iran ceasefire extension easing Strait of Hormuz shipping risks. West Texas Intermediate crude fell to $87.20 per barrel in Asian trading, extending losses for a third day. The drop follows reports of a tentative 60
The software firm targets a $40 billion total addressable market with its planned acquisition of operations platform MaintainX. Autodesk raised its fiscal 2027 revenue outlook to a range of $8.155 billion to $8.215 billion, citing strong first-quarter performance. The upda
The software firm targets a $40 billion total addressable market with its planned acquisition of operations platform MaintainX. Autodesk raised its fiscal 2027 revenue outlook to a range of $8.155 billion to $8.215 billion, citing strong first-quarter performance. The upda
The retailer’s fiscal Q3 revenue reached $70.53 billion, beating expectations, while membership fee income climbed to $1.37 billion. Costco Wholesale posted fiscal third-quarter revenue of $70.53 billion, up 11.6% year over year and above the $69.81 billion estimate. Adjus
A tentative agreement to reopen the Strait of Hormuz and initiate nuclear talks faces final language hurdles before US presidential sign-off. US Vice President JD Vance stated Washington and Tehran are close to finalizing a deal to reopen the Strait of Hormuz and begin nuc
A tentative agreement to reopen the Strait of Hormuz and initiate nuclear talks faces final language hurdles before US presidential sign-off. US Vice President JD Vance stated Washington and Tehran are close to finalizing a deal to reopen the Strait of Hormuz and begin nuc
Euro rises near 1.1655 on US-Iran ceasefire progress The Euro strengthens against the US Dollar after reports of a tentative US-Iran ceasefire agreement. The EUR/USD pair posts modest gains near 1.1655 during the early Asian session on Friday. The agreement
April data shows stronger-than-expected growth in Japan’s retail and manufacturing sectors, signaling potential economic resilience. Japan’s April retail sales and manufacturing output rose faster than anticipated, according to official data. The gains suggest a pickup in
April data shows stronger-than-expected growth in Japan’s retail and manufacturing sectors, signaling potential economic resilience. Japan’s April retail sales and manufacturing output rose faster than anticipated, according to official data. The gains suggest a pickup in
The People’s Bank of China’s daily yuan fixing influences onshore trading within a 2% band, signaling policy intent amid market pressures. The People’s Bank of China is poised to set the USD/CNY reference rate at 6.7685, a key benchmark for the yuan’s daily trading range.
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