US gas prices near $4 as diesel tops $5 amid Iran conflict

US gas prices have surged to an average of $3.94 per gallon, increasing 15 cents in…

Pending US home sales drop 5.4% in June amid affordability

Contracts to purchase previously owned U.S. homes fell 5.4% in June, according to the National Association…

Iran Warns of Bab el-Mandeb Closure Amid Rising Tensions

Iran's recent warning regarding the Bab el-Mandeb Strait has raised concerns about potential maritime disruptions. The…

Airlines Report $25.11 Billion Profit Before Iran Conflict

The world's nine most profitable airlines reported a combined net profit of $25.11 billion (€22 billion)…

U.S. Blockades Iranian Ports Amid Hormuz MoU Tensions

The United States has resumed blockading Iranian ports, escalating tensions just weeks after a memorandum of…

China’s AI Spending to Boost Advanced Manufacturing Sector

China's advanced manufacturing sector is poised to benefit significantly from a surge in artificial intelligence (AI)…

Singapore to Reinforce Trusted Hub Status Amid US-China

Singapore plans to strengthen its position as a trusted global hub amid rising geopolitical tensions between…

UK economy grows 0.1% in May amid Iran war energy costs

The UK economy grew by 0.1% in May, despite the ongoing conflict in Iran impacting energy…

US Strikes on Iran Heighten Middle East Tensions, Oil Rises

Tensions in the Middle East escalated following recent U.S. airstrikes on Iran, raising concerns over the…

RBI Seeks Answers on Slow FCNR Deposit Inflows

The Reserve Bank of India (RBI) has initiated discussions with commercial banks regarding the slower-than-expected inflows…