Brent hovers near $107 amid Strait of Hormuz uncertainty The energy market remains uncertain as the Strait of Hormuz closure continues. The blockade has resulted in a significant loss of supply, with roughly 100 million barrels lost every week. The situatio
Malaysia’s industrial output rose 3.1% in March, helping the ringgit hold steady against the dollar despite geopolitical tensions. The USD/MYR exchange rate has remained between 3.90 and 4.05 since the Middle East conflict escalated, reflecting Malaysia’s resilient economi
Malaysia’s industrial output rose 3.1% in March, helping the ringgit hold steady against the dollar despite geopolitical tensions. The USD/MYR exchange rate has remained between 3.90 and 4.05 since the Middle East conflict escalated, reflecting Malaysia’s resilient economi
Kevin Warsh’s confirmation as Fed governor raises speculation over leadership changes amid concerns about central bank independence and policy shifts. The US Senate confirmed Kevin Warsh as a Federal Reserve governor for a 14-year term, setting the stage for a vote on his
Kevin Warsh’s confirmation as Fed governor raises speculation over leadership changes amid concerns about central bank independence and policy shifts. The US Senate confirmed Kevin Warsh as a Federal Reserve governor for a 14-year term, setting the stage for a vote on his
Ali al-Zaidi’s nomination as Iraq’s prime minister may ease political deadlock but tests US-Iran influence in the country. Iraq’s largest parliamentary bloc, the Coordination Framework, nominated businessman Ali al-Zaidi as prime minister to resolve a months-long deadlock.
U.S. tariffs on global imports remain in effect as a federal court pauses a prior unlawful ruling during ongoing litigation. A federal appeals court issued a temporary stay on a ruling that had declared President Trump’s latest global tariffs unlawful. The decision allows
Kevin Warsh’s confirmation positions him to replace Jerome Powell amid debates over inflation and digital asset regulation. The Senate confirmed Kevin Warsh to the Federal Reserve Board of Governors in a 51-45 vote, with only one Democratic senator supporting him. Warsh, a
Court pauses injunction on 10% tariffs imposed under Section 122 of the Trade Act of 1974, set to expire July 24, 2026. A US Appeals Court has temporarily paused a trade court ruling that blocked President Trump’s 10% across-the-board tariffs on imports. The tariffs, impos
D.A. Davidson analyst notes Nvidia's China business remains unaffected by CEO Jensen Huang skipping Trump's visit. Nvidia CEO Jensen Huang’s decision to skip President Trump’s upcoming China trip does not signal underlying business concerns, according to D.A. Davidson anal
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