World Business NewsJapan’s Nikkei gains 0.5%, South Korea Kospi rises 1.3%, Taiwan extends last week’s rally, MSCI Asia-Pacific index adds 0.2% as Nvidia chief Jensen Huang opens Computex with an AI-focused address
HeadlinesUS crude futures rise $2.37 or 2.71% to $89.73, Brent futures climb $2.16 or 2.37% to $93.28 a barrel
HeadlinesProposed framework includes bonded fuel storage, mandatory stockholding rules and new infrastructure plans amid heavy reliance on Hormuz imports
World Business NewsSpot gold falls 0.6% to $4,542.20 per ounce, while silver drops 1.6%, platinum loses 0.8% and palladium declines 1.2%; US gold futures rise 0.4% to $4,542.80
World Business NewsMSCI Asia-Pacific index outside Japan rises 0.8% as Nasdaq futures gain 0.9%; Nikkei slips 0.2%, while EUROSTOXX 50 and DAX futures fall 0.36% and 0.43% respectively
World Business NewsBrent crude rebounds 3.2% to $99.18 per barrel after previous 7% drop, while US WTI falls 4.2% to $92.53
World Business NewsHuawei targets 1.4nm-equivalent chip density by 2031 through advanced packaging strategy instead of smaller transistors
World Business NewsCentral Bank of Sri Lanka raises the overnight policy rate to 8.75% from 7.75%, blaming higher inflation and a depreciating currency due to war
World Business NewsGlobal equities surge while dollar weakens and crude prices drop amid uncertainty over Strait of Hormuz reopening timeline
World Business NewsSpot gold rises 1.1% to $4,560.09 per ounce, while US gold futures gain 0.9% to $4,562.10
World Business NewsDollar slips 0.2% against yen to 158.87 as euro rises to $1.1642, pound gains to $1.3485; Australian and kiwi dollars climb 0.4% and 0.5% respectively amid holiday-thinned trading volumes
World Business NewsHopes of Strait of Hormuz opening lifts risk assets; Nikkei surges to record high, US stock futures gain