Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, after US President Donald Trump announced that the US and Iran have reached a preliminary peace agreement to end the Middle East war, a move that could lead to the reopening of the Strait of Hormuz. Asian markets closed mostly higher on Monday.
Today's top gainers include Regentis, amid developments including its withdrawal of a planned U.S. listing application (Form F-1) with the SEC; Cuprina, following FDA clearance for its maggot debridement therapy; and Intellia, after reporting additional positive results for its hereditary angioedema program, among others.
Ukraine has officially made its first sales of medical cannabis products, which is a big step for the country's healthcare system since the new law allowing their medical use just came into effect.
Renault Group has teamed up with Thales to create a new military vehicle, marking the automaker's push into the defense arena as European countries ramp up military spending due to rising geopolitical tensions.
Rathbones Group Plc (RAT.L) on Tuesday said it expects to incur about £60 million in costs over the next two years to address findings from a regulatory review of its UK Wealth Management business. The review, conducted following engagement with the Financial Conduct Authority (FCA), identified areas...
General Motors Company (GM) is holding discussions with Lockheed Martin to supply components for the defense company's weapons, the Wall Street Journal reported, citing people familiar with the matter. Under the proposed arrangement, GM would produce commonly used parts for various munitions programs,...
Meridian Energy Limited (MEZ.AX) reported higher retail sales volumes in May 2026, supported by growth across all customer segments. Retail sales volumes increased 7.8% from May 2025. Residential sales rose 20.4%, while sales to small and medium businesses increased 6.7%, large businesses 8.3%, agriculture...
China's retail sales declined for the first time since 2022 on subdued domestic demand and fixed asset investment logged a sharper-than-expected fall, while industrial production remained a bright spot, official data revealed Tuesday. Retail sales decreased 0.6 percent from a year ago in May, the National Bureau of Statistics reported.
The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday as policymakers evaluate the effects of three consecutive rate hikes and the impact of oil supply disruption. The policy board, governed by Michele Bullock, unanimously voted to hold the cash rate target at 4.35 percent. The bank had lifted the policy rate by 25 basis points each in February, March and May.
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent. The Bank of Japan will also...
French President Emmanuel Macron has announced that the G7 summit in France will discuss the long-term reopening of the Strait of Hormuz as part of the US-Iran deal, set for signing later this week. "The aim will be to see the consequences of this agreement, support for Lebanon, the lasting reopening of Hormuz and of course the concluding of an accord on nuclear and ballistic activities in Iran,"
The U.S. Supreme Court has denied the state of Alabama's appeal to execute death row inmate Jeffery Lee by nitrogen hypoxia. The Supreme Court issued an order Thursday refusing to overturn a federal court's ruling that nitrogen suffocation is unconstitutional, which means the convicted murderer's execution will be delayed. The State of Alabama appealed the ruling by two lower courts previously
The Indian government has summoned the deputy head of the U.S. mission in capital New Delhi in protest against the fatal U.S. attack on an Iran-linked oil tanker in the Gulf of Oman earlier this week. Indian media reported that Nagaraj Naidu, Additional Secretary in India's Foreign Ministry, summoned U.S. Charg d'Affaires Jason Meeks on Wednesday, a day after the Palau-flagged MT Settebello came
European shares are seen opening flat to slightly lower on Tuesday as investors await more clarity on the U.S.-Iran peace deal and seek cues from upcoming central bank meetings. After the announcement of an interim peace agreement between Washinton and Tehran, some of the biggest questions remain...
The Hong Kong stock market has tracked higher in consecutive trading days, collecting almost 600 points or 2.4 percent in that span. The Hang Seng Index now sits just beneath the 24,850-point plateau and it may tick higher again on Tuesday. The global forecast for the Asian markets is upbeat, even...
Fox Corporation (FOX) shares fell 14.65 percent, losing $8.63 to $50.29 on Monday after the media company announced a definitive agreement to acquire Roku in a cash-and-stock transaction valued at approximately $22 billion in enterprise value.
The Australian stock market is trimming its early losses in mid-market trading on Tuesday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 index is falling below the 8,850 level, with weakness in financial stocks and a mixed performance across most other sectors.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
Crypto markets extended gains as the interim peace deal between the U.S. and Iran eased global risk aversion, triggered short squeeze and boosted overall market sentiment.
President Donald Trump has signed a proclamation to restore commercial fishing access to nearly half a million square miles in the Pacific. The proclamation restores commercial fishing access to the Mau and Ho'omalu Zones of the Papahanaumokuakea Marine National Monument, the Islands Unit of the Mariana Trench Marine National Monument, and the Rose Atoll Marine National Monument. Prohibiting co
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
Homebuilder confidence has seen a modest deterioration in the month of June, according to a report released by the National Association of Home Builders on Monday. The report said the NAHB/Wells Fargo Housing Market Index dipped to 35 in June after jumping to 37 in May. Economists had expected the index to edge down to 36.
A report released by the Federal Reserve on Monday showed a modest increase in industrial production in the U.S. in the month of May. The Fed said industrial production crept up by 0.1 percent in May after climbing by an upwardly revised 0.9 percent in April. Economists had expected industrial production to rise by 0.2 percent.
After posting strong growth last month, New York manufacturing activity increased modestly in the month of June, according to a report released by the Federal Reserve Bank of New York on Monday. The New York Fed said its general business conditions index plunged to 5.7 in June after jumping to 19.6 in May, although a positive reading still indicates growth.
UK house prices posted their worst June performance in 14 years as competition to attract buyers remained fierce among sellers, the property website Rightmove said Monday. Average property prices declined 0.6 percent from May, which was the biggest June fall in fourteen years. This followed a 1.2 percent rise in May. On a yearly basis, house prices dropped 0.5 percent.
Many women may not be choosing the most effective medicine for period cramps, according to a large study that analyzed supermarket purchase data. The study, published in PLOS Digital Health, examined shopping records from supermarkets in England between 2006 and 2015. The data showed that about half...
Completely removing sugar from your diet may not be as healthy as you think. A new study in mice suggests that eliminating sucrose, a common type of sugar, could have unexpected effects on gut health and metabolism. "This research may influence future dietary recommendations by emphasizing the importance...
KFC is kicking off a big global makeover aimed at drawing in a younger crowd, focusing on boneless chicken options, a wider range of sauces, and revamped restaurant designs, especially as the competition heats up in the fast-growing chicken market.
Space Exploration Technologies Corp. (SPCX) has boosted the funds from its historic initial public offering to a massive $85.7 billion, with underwriters deciding to exercise their overallotment option, as mentioned in an investor relations update released on Monday.
Fox Corp. (FOXA, FOX) Monday said it has agreed to acquire Roku Inc. (ROKU) in a cash-and-stock transaction valued at approximately $22 billion, combining Fox's sports, news, and entertainment assets with Roku's connected-TV platform. Under the terms of the agreement, Roku shareholders will receive...
Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.