World Business NewsDollar steady as traders fret about escalating Iran war
Trump's latest deadline leaves investors on edge; Euro slips to $1.151, pound trades at $1.3187 as dollar index holds at 100.2; Australian dollar rises 0.13% to $0.6893 near two-month low
Apr 6, 2026
World Business NewsTrump proposes "historic" defense spending budget, eyes 10% cut to other federal programs
Proposed defence spending rises to $1.5 trillion, up from $1 trillion in 2026; $500 billion increase includes Golden Dome, ships, 5–7% troop pay raise; cuts target green energy, NASA and non-defence spending
Apr 4, 2026
World Business NewsJapanese, French and Omani vessels cross the Strait of Hormuz
Vessels appear to turn off identification systems during crossing; Iran says it would allow ships with no US or Israeli links
Apr 4, 2026
World Business NewsMost Gulf equities retreat on fears of prolonged conflict
Dubai index falls 0.6% on Salik drop, Abu Dhabi declines 0.7% as First Abu Dhabi Bank slides 4.2%
Apr 3, 2026
World Business NewsDollar gains as Trump sets no clear Iran ceasefire timeline in speech
Trump's address on Gulf war spark fresh concerns; Dollar index climbed to a high of 99.925 after the speech
Apr 2, 2026
World Business NewsStocks slide, dollar firms as Trump vows to keep hitting Iran
Investors likely to stay defensive as hopes of an end to the conflict evaporate after Trump speech; Dollar gains, oil surges as stagflation risks swirl; Stocks turn sharply lower
Apr 2, 2026
World Business NewsOil jumps nearly 7% after Trump says US to keep up attacks on Iran
Brent crude futures rise $6.84, or 6.8%, to $108 per barrel; US West Texas Intermediate crude futures up $6.40, or 6.4%, to $106.52 per barrel
Apr 2, 2026
World Business NewsGold falls as Trump gives no clarity on ending Iran war
Spot gold falls 1.3% to $4,694.48, US gold futures slide 1.9% to $4,723.70; spot silver drops 2.9% to $72.95, platinum declines 1.8% to $1,928.26, and palladium sheds 1.4% to $1,451.85
Apr 2, 2026
World Business NewsNASA launches four astronauts on world's first crewed lunar mission in half a century
High-stakes mission is a key step toward future moon landings; US wants to return humans to moon before China does first crewed lunar landing
Apr 2, 2026
World Business NewsOil up over 1% as Mideast uncertainty keeps market jittery
Brent rises $1.40 to $105.37 per barrel, up 1.4% with record 64% monthly surge in March; WTI May futures gain $1.59 to $102.97, up 1.6%
Apr 1, 2026
IndustryAsia's factory activity slows on cost pressure from Iran war
Factory activity slows in Indonesia, Vietnam, Taiwan; Japan's manufacturing activity hit by rising input prices; South Korea an outlier with activity lifted by chip demand
Apr 1, 2026
World Business NewsGold ticks up as dollar slips on Mideast de-escalation hopes
Spot gold rises 0.4% to $4,685.79, US gold futures for April delivery gain 0.8% to $4,713.40; Spot silver fall 0.8% to $74.53, platinum gain 0.7% to $1,963.22 and palladium up 0.6% at $1,484.84
Apr 1, 2026