Vessel Struck in Strait of Hormuz; Crew Member Injured

A vessel passing through the Strait of Hormuz was hit by an unknown projectile on Wednesday.…

Gold Prices Decline as Oil Rises Amid Rate Hike Fears

Gold prices fell on Tuesday, August 18, due to rising oil prices and increasing U.S. Treasury…

AI Spending Concerns Rise Amid Record U.S. Corporate Profits

Another earnings season has ended with U.S. corporate profits reaching record highs. However, concerns about heavy…

UK Wage Growth Slows to 4.1% Amid Cost of Living Squeeze

Wage growth in the UK slowed in June as the ongoing conflict in Iran affected the…

US Accuses Nine ASEAN Nations of Tariff Evasion Tactics

The U.S. government has accused nine Southeast Asian countries of being part of a "shadow transshipment…

BHP Reports 30% Profit Rise, Highest Dividend in Four Years

BHP Group reported a 30% increase in underlying profit to $13.2 billion for the year ending…

US, Canada Trade Talks Intensify Ahead of Tariff Deadline

President Donald Trump and Canadian Prime Minister Mark Carney had a phone call on Monday about…

China Cuts US Treasury Holdings to 18-Year Low in June

China reduced its holdings of US Treasuries to $633.4 billion in June. This is the lowest…

Carbon Capture Projects Face Financial Viability Challenges

Carbon capture projects are facing challenges in moving from announcement to construction due to financial issues,…

Global Stocks Decline Amid Middle East Tensions and Data

Global stocks fell on Monday as tensions in the Middle East continued to shake investor confidence.…