World Business NewsChinese AI giant DeepSeek eyes $7.4 billion funding round at up to $59 billion valuation
Tencent, CATL set to become largest external investors as founder Liang Wenfeng commits 20 billion yuan, sources say
Jun 4, 2026
Reuters
73Articles
Share:
Published Work(73 articles)
World Business News
World Business NewsIndia tightens silver import rules, mandates prior approval
New Delhi restricts imports of 99.9% silver in grains, powder and other forms, requiring importers to obtain valid authorisation from Directorate General of Foreign Trade
Jun 3, 2026
World Business NewsGold eases as Middle East tensions lift oil, US economic data in focus
Spot gold falls 0.5% to $4,460.36, US gold futures slip 0.7% to $4,488.90, while silver drops to $74.27, platinum to $1,928, palladium to $1,361.75
Jun 3, 2026
World Business NewsAI bulls carry global stocks higher despite fresh hostilities flaring in Gulf
Oil rises over 1% as hopes for Strait of Hormuz breakthrough fade; Yen tiptoes into intervention red zone; Cryptos sink; AI stocks rally
Jun 3, 2026
World Business NewsOil rises over 1% as Middle East talks stall, hostilities flare
Brent futures gain $1.56, or 1.6%, to $97.56; US WTI climbs $1.61, or 1.7%, to $95.37; global energy agency says oil inventories are expected to hit critical levels ahead of peak summer demand
Jun 3, 2026
Kuwait suspends flights after Iranian strike hits airport
Attack causes "severe damage" to the airport's T1 building, Kuwait’s General Civil Aviation Authority says
Jun 3, 2026
HeadlinesUS proposes new tariffs on goods from 60 economies, including Pakistan, over forced labour compliance failures
USTR says 10% duties will apply to imports from Pakistan, Canada, European Union, Mexico, Bangladesh, Malaysia, Taiwan, Britain and others, while remaining 45 countries face 12.5% additional duties
Jun 3, 2026
World Business NewsTech giants add billions in May as AI chip demand drives market rally
Apple adds $598 billion to reach $4.58 trillion, Micron gains $512 billion to $1.09 trillion, Samsung rises $481 billion to $1.10 trillion and SK Hynix climbs $377 billion to $1.34 trillion on AI chip demand, earnings outlooks
Jun 3, 2026
World Business NewsGold edges higher as investors assess US-Iran ceasefire deal reports
Gold rises 0.3% to $4,505.57, US gold futures edge up to $4,535.90; palladium gains 0.5% to $1,375.63platinum slips 0.4% to $1,914.95 and silver holds steady at $75.61 per ounce
May 29, 2026
World Business NewsStocks rise as oil heads for steep weekly drop on Hormuz reopening hopes, ceasefire optimism
MSCI World Index touches record high as Tokyo and Seoul markets gain around 2%; Dell shares jump 39% after raising revenue and profit forecasts on strong AI server demand
May 29, 2026
World Business NewsThree oil, LNG tankers exit Hormuz with transponders off
VLCC Eagle Veracruz, carrying 2 million barrels of Saudi crude, heads to China with arrival expected on June 16 at Sinochem’s Fujian refinery facility
May 29, 2026
World Business NewsUS imposes fresh sanctions on Iran's oil sales
Treasury Department says it sanctioned eight vessels involved in transporting Iranian crude oil and petroleum products to global markets
May 29, 2026