World Business News US-Iran peace memorandum could be signed on Sunday in Geneva, source says Trump says US-Iran deal is close and would reopen Strait of Hormuz; Iranian source says draft also seeks to end fighting in Lebanon and incorporates other key demands from Tehran
Jun 12, 2026
World Business News Wall Street rallies as Trump cancels planned Iran strikes; SpaceX IPO in focus Dow jumps 930 points, Nasdaq gains 2.5% and semiconductor stocks surge 7.9% as investors welcome easing Middle East tensions ahead of SpaceX's $75 billion market debut
Jun 12, 2026
World Business News Dollar holds steady as US-Iran tensions and inflation data loom Yen trades around 160 per dollar, euro and sterling edge higher as markets await US inflation figures and expected rate decisions from Bank of Japan and European Central Bank
Jun 10, 2026
World Business News World’s nine nuclear-armed states hike spending on nukes by 19% to a record $119 billion US leads with $69.2 billion annual spending, followed by China at $13.5 billion, Britain at $12.6 billion and Russia at $9.5 billion
Jun 10, 2026
World Business News Iran war raises inflation, fiscal risks for India as oil import bill surges Oil and gas import costs jump, inflation projected at 5.1%, growth seen slowing to 6.6% as conflict disrupts energy supplies
Jun 10, 2026
World Business News US says BYD, Baidu, Alibaba and other tech giants are aiding China's military Alibaba, Baidu, BYD, CXMT, YMTC, Unitree, WuXi AppTec and RoboSense among firms added over alleged Chinese military links
Jun 9, 2026
World Business News US judge strikes down Trump’s $100,000 H-1B visa fee as unlawful tax Court says Congress never authorised charge; White House plans appeal after only 85 payments recorded by February 15
Jun 9, 2026
World Business News Oil falls over 1% as investors await clarity after Iran-Israel halt attacks Brent falls 1% to $93.34, WTI drops 1.2% to $90.17 after prices gain as much as 5% in previous session
Jun 9, 2026
World Business News Asia stocks make tentative bounce, bonds pressured South Korea Kospi rises 3% after Monday's 8% decline, Nikkei gains 0.3% and Asia-Pacific shares advance 0.9%; EUROSTOXX 50 and DAX futures fall 0.6%, FTSE futures loss 0.4%, and S&P 500 and Nasdaq slip 0.3% each
Jun 9, 2026
World Business News Oil prices climb more than 3% after Israeli strikes on Lebanon Brent rises $3.20 or 3.39% to $96.24, US crude up $2.87 or 3.17% at $93.41; Analysts say impact of OPEC+ output hike agreement limited
Jun 8, 2026
Gender diversity Bhutan to give cash incentives to families for more babies Monthly incentive of 10,000 ngultrums, or $105, will be offered for every third and subsequent child born from June 4, 2026, until age three
Jun 6, 2026
World Business News India's GDP stays robust at 7.8% in January-March as domestic demand offsets external shocks Private investment rises 10.8%, construction expands 8.4% and full-year growth reaches 7.7% as economists expect slowdown ahead
Jun 6, 2026