US and Iran extend nuclear talks by 60 days The US and Iran are working to finalize a memorandum of understanding to facilitate nuclear discussions. The negotiations phase is expected to be extended by another 60 days. Markets remain optimistic about the po
Failure to extend the US-Iran truce may lift the dollar as energy inflation risks prompt Fed hawkishness, analysts warn. The US dollar could strengthen further if negotiations between Washington and Tehran collapse, according to analysts. A prolonged conflict may keep ener
ANZ survey shows sentiment recovering from April’s -10.6 but cost pressures and weak retail activity persist amid RBNZ rate hike signals. New Zealand business confidence rose 21 points to +10 in May, reversing April’s -10.6 reading, as activity expectations improved across
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 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
A 60-day ceasefire extension may ease Strait of Hormuz shipping disruptions, capping crude volatility amid mixed session gains. Crude oil futures closed mixed Thursday after the US and Iran agreed to extend their ceasefire by 60 days. The deal could allow resumed shipments
FSLR surges 10.8% in a sixth consecutive session as investors anticipate a Section 232 tariff decision. First Solar shares climbed 10.8% to settle at an 18-year high of $310.42, extending a six-day rally. Analysts cite falling yields and renewed policy momentum as key driv
Retail investors face limited access as SpaceX reserves most shares for institutional buyers ahead of its $80B public offering. SpaceX’s upcoming initial public offering is valued at $80 billion, with 78% of shares pre-allocated to institutional investors. The move signifi
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