World Business NewsShares slide, oil prices elevated as US-Iran truce prospects dim
MSCI Asia ex-Japan index slips 0.3%, Australia down 0.4% as Japan, South Korea shut; Nasdaq, S&P futures ease 0.1%, EUROSTOXX50 down 0.2%, FTSE futures fall 0.75%
World Business NewsMSCI Asia ex-Japan index slips 0.3%, Australia down 0.4% as Japan, South Korea shut; Nasdaq, S&P futures ease 0.1%, EUROSTOXX50 down 0.2%, FTSE futures fall 0.75%
World Business NewsBrent falls 1.1% to $113.22 after 5.8% surge, WTI drops 1.9% to $104.40 following 4.4% gain on Monday; Global oil stocks declining to the lowest level in eight years, says Goldman Sachs
World Business NewsSpot gold rises 0.3% to $4,533.40, futures up to $4,542.50; silver at $72.73, platinum up 1% to $1,964, palladium gains 0.8% to $1,492.27
World Business NewsCivil defence teams were deployed immediately to contain the blaze, Fujairah Media office says
World Business NewsADB cuts regional growth forecasts, ups inflation outlook; War hits emerging economies the hardest; region’s oil imports fall 30% in April, Kpler data shows
World Business NewsUAE minister says U.S. swap policy limited to select five-country group, confirms ongoing discussions in Abu Dhabi
World Business NewsBrent rises 1.9% to $110.22 after hitting $114.30, WTI up 0.5% to $102.41 with session high of $107.46
World Business NewsTanker reported to have been hit by projectile in Strait of Hormuz; US CENTCOM deploys 15,000 troops, 100+ aircraft, warships and drones to restore commercial navigation through strait
World Business NewsSpot gold falls 0.3% to $4,599.45, futures down 0.7% to $4,611.40; silver up 0.1% to $75.38, platinum rises to $1,991.85, palladium dips 0.3% to $1,519.66
World Business NewsStatement follows UAE’s April 28 exit from OPEC and OPEC+ to boost its own output
World Business NewsSouth Korean stocks catch up with tech rally, S&P futures flat
World Business NewsPlan includes $50 billion Pan-Asia Power Grid and $20 billion digital push, targets 20GW renewables, 22,000 km lines, power access for 200 million and 15% emissions cut