World Business NewsShares wobble, bonds steady as oil eases on Trump's Iran comments
MSCI Asia-Pacific index outside Japan falls over 1%, South Korea’s Kospi drops more than 3% and China’s CSI300 declines 0.8%, while Nasdaq and S&P 500 futures trade lower amid global market pressure
May 19, 2026
World Business NewsIndia raises fuel prices by nearly a rupee in second hike within a week
Petrol prices rise to 98.64 rupees per litre in Delhi after a 0.9-rupee increase, while diesel climbs to 91.58 rupees, with rates varying across India due to regional taxes
May 19, 2026
World Business NewsOil falls over 2.7% as Trump says he holds off scheduled attack on Iran
Iran sends new peace proposal via Pakistan; Brent crude falls 2.7% to $109.09 per barrel, while US WTI declines 1.3% to $107.28 amid easing pressure in oil markets
May 19, 2026
World Business NewsIndian rupee hits record low as global bond yield surge compounds oil pain
Traders say losses were contained by likely dollar-selling intervention from Reserve Bank of India amid pressure on currency markets
May 18, 2026
World Business NewsGold slips to 1-1/2-month low as Middle East tensions lift oil, cloud rate outlook
Spot gold falls 1.1% to $4,488.99 per ounce, lowest since March 30, while silver drops 2.2%, platinum declines 0.6% and palladium slips 1.2% amid broad precious metals weakness
May 18, 2026
World Business NewsBond yield spike is risk to unprepared equities market, investors warn
Analysts warn stock market may be underestimating risks from inflation and geopolitical instability
May 18, 2026
World Business NewsDollar firms as oil climbs, bond rout saps risk appetite
Euro slips to $1.1609 and sterling falls to $1.3305, while Australian dollar weakens 0.4% as dollar index edges higher to 99.393
May 18, 2026
World Business NewsStocks skid in Asia, bonds buckle as oil climbs
Japan’s Nikkei falls 1.1% after last week’s 2% decline from record highs, while South Korean stocks ease 0.1% and MSCI’s Asia-Pacific index outside Japan drops 0.9% amid regional market weakness
May 18, 2026
World Business NewsOil touches 2-week high after drone attack on UAE nuclear power plant
UAE reports drone attack on Barakah nuclear power plant; Saudi Arabia intercepts three drones from Iraqi airspace; Brent rises to $111.29 while US WTI climbs to $107.73
May 18, 2026
World Business NewsGulf markets slip as Trump–Iran rhetoric undermines hopes of Strait of Hormuz deal
Regional indices fall across Saudi Arabia, Qatar and Egypt as geopolitical tensions rise and energy trade risks intensify around key shipping routes.
May 17, 2026
World Business NewsChina calls US trade, tariff and aircraft understandings “Preliminary” after Trump–Xi talks
Beijing says agreements on tariffs, agriculture and aircraft purchases remain under negotiation, with both sides still working to finalise details and timelines.
May 17, 2026
World Business NewsBRICS talks end without joint statement, exposing divisions over war in Iran
India issues chair statement and outcome document after BRICS members fail to reach consensus on Iran war, with Tehran seeking condemnation of US-Israel attacks while UAE categorically rejects Iranian allegations
May 16, 2026