Asian stock markets are trading mixed on Tuesday, following the mixed cues from Wall Street overnight, amid ongoing pessimism over the conflict in the Middle East and concerns over the outlook for interest rates. Traders react to US President Donald Trump saying he has decided to hold off on attacking Iran amid requests from leaders from the Middle East. Asian markets closed mostly lower on Monday
OpenAI is looking into its legal options against Apple Inc. (AAPL) after the integration of ChatGPT into Apple devices didn't boost visibility and subscriptions as hoped.
Lululemon Athletica Inc. (LULU) is urging its shareholders to turn down the board nominees put forward by founder Chip Wilson.
SpaceX is speeding up its plans for that long-anticipated initial public offering, and there's a chance it could start trading on the NASDAQ Composite as soon as June 12, under the ticker SPCX, as reported by Reuters.
London Stock Exchange Group (LSEG) and Broadcom Inc. (AVGO) on Tuesday announced a new five-year agreement to expand their long-standing technology partnership centered on VMware Cloud Foundation. Under the agreement, Broadcom will provide its VMware Cloud Foundation and professional services to support...
Volvo AB (VLVLY) said its North American unit has reached a settlement with the California Air Resources Board and has agreed to pay about $197 million over alleged violations of emissions and certification requirements related to certain engines sold in California. The company said the settlement...
CLP Holdings Limited (CLPHY.PK) on Monday said electricity sales at CLP Power Hong Kong rose 3.2% year-on-year to 7,319 gigawatt hours in the first quarter of 2026, supported by stronger demand across most sectors. Sales to data centres climbed 11.1% from a year earlier. Commercial sector sales...
Japan's gross domestic product expanded a seasonally adjusted 0.5 percent on quarter in the first quarter of 2026, the Cabinet Office said in Tuesday's preliminary reading. That beat expectations for a gain of 0.4 percent and was up from the downwardly revised 0.2 percent increase in the three months...
Japan will on Tuesday release preliminary Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.4 percent on quarter and 1.7 percent on year, up from 0.3 percent on quarter and 1.3 percent on year in the three months prior. New...
After reporting a notable deterioration in U.S. homebuilder confidence in the previous month, the National Association of Home Builders released a report on Monday showing an unexpected improvement in homebuilder confidence in the month of May. The report said the NAHB/Wells Fargo Housing Market Index climbed to 37 in May after slumping to a seven-month low of 34 in April.
The United States announced that in partnership with Venezuela and the United Kingdom and with technical support from the International Atomic Energy Agency, it has successfully removed excess highly enriched uranium from Venezuela's shuttered RV-1 research reactor. The RV-1 was the country's first and only nuclear reactor, originally built for peaceful scientific research and later repurposed
The Trump Administration is intensifying pressure on Iran's Islamic Revolutionary Guard Corps by targeting the financial networks that enable its illicit oil operations. Monday, the Department of the Treasury's Office of Foreign Assets Control imposed sanctions on a network involved in selling and shipping Iranian oil to overseas buyers, including China, on behalf of IRGC, and three senior offici
The United States has boycotted the International Migration Review Forum and announced that it will not support the May 8 "progress" declaration. The United States has persistently objected to the United Nations' efforts to advocate and facilitate replacement immigration in the country and across...
European stocks are likely to open higher on Tuesday as oil prices fell from two-week highs amid hopes of a de-escalation in the West Asia conflict. Higher bond yields may limit potential gains to some extent, with the yield on the U.S. 30-year bond edging up by one basis point to 5.13 percent on...
The Thai Stock market has moved lower in consecutive trading days, sinking more than 20 points or 1.4 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,520-point plateau and it's expected to see a steady start on Tuesday. The global forecast for the Asian markets is...
Design Therapeutics, Inc. (DSGN) shares fell 25.72 percent to $10.68, down $3.69 on Monday, despite the company reporting positive biomarker and clinical data from its ongoing Phase 1/2 RESTORE-FA trial evaluating DT-216P2 for Friedreich ataxia.
Indian shares were a tad higher in early trade on Tuesday after U.S. President Donald Trump said there was a "very good chance" Washington and Iran could reach a deal to stop Tehran from developing a nuclear weapon. The benchmark BSE Sensex was up 248 points, or 0.3 percent, at 75,563 while the broader...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.
Fears of a renewed escalation in the Middle East conflict rattled sentiment in the cryptocurrency market.
China will purchase U.S. agricultural products worth at least $17 billion annually for three years, and reopen its markets to some U.S. meat products as part of deals secured during President Donald Trump's recently concluded visit to Beijing, according to the White House. It revealed details of some agreements made between the two sides last week. Donald Trump, on the first visit by a US Presi
President Donald Trump has described the talks with his Chinese counterpart Xi Jinping as "great". Trump's response to reporters' questions after a nearly two-hour long high-stakes meeting at the Great Hall of the People in Beijing on Thursday was limited. The White House said "The two sides agreed that the Strait of Hormuz must remain open to support the free flow of energy." U.S. media repor
President Donald Trump said that he doesn't think about Americans' financial situation' when related to the Middle East war's impact on them, but more important is to make sure that Iran cannot have a nuclear weapon. Trump made the comment while responding to a question, to what extent "Americans' financial situations" were motivating him to make a deal with Iran to end the 10 weeks-old conflict
The May FDA calendar appears relatively light. The upcoming regulatory milestones include a potential label expansion of argenx SE's VYVGART, and an additional indication for Daiichi Sankyo Company and AstraZeneca plc's cancer therapy Enhertu, among others.
China's industrial production and retail sales logged weaker-than-expected growth in April, and investment shrunk signaling an economic slowdown in the second quarter as the ongoing Middle East conflict strain supply chains and push energy prices higher, official data revealed Monday. Industrial production rose 4.1 percent year-on-year in April, the National Bureau of Statistics reported.
Thailand's economy grew more than expected in the first quarter, underpinned by resilient domestic demand and strong exports, while regional peers reported weaker growth due to the impact of the war in the Middle East. Gross domestic product logged an annual growth of 2.8 percent in the first quarter, the National Economic and Social Development Council said Monday.
The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected industrial production to rise by 0.3 percent.
New York manufacturing activity grew strongly in the month of May, the Federal Reserve Bank of New York said in a report released on Friday. The New York Fed said its general business conditions index shot up to 19.6 in May from 11.0 in April, with a positive reading indicating growth. The increase surprised economists, who had expected the index to pull back to 7.8.
Studies published in Nutrients suggest that people who regularly eat watermelon may have healthier diets and better heart health. One study looked at information from a large US health survey called the National Health and Nutrition Examination Survey (NHANES). In this 2022 study, researchers compared...
At least 100 people have died in an Ebola outbreak in the Democratic Republic of Congo (DRC), with more than 390 suspected cases reported so far, according to the head of the Africa Centres for Disease Control and Prevention (Africa CDC). Health officials warn that the outbreak is spreading rapidly...
A recent study conducted over seven years has streamlined the testing and diagnosis of newborns with severe combined immunodeficiency (SCID), facilitating early intervention and treatment of infants before the development of symptoms. The U.S. National Institute of Health (NIH) defines SCID as a rare...
Shares of Baidu Inc. were gaining around 4 percent in the pre-market activity on Nasdaq after the Chinese AI and internet company Monday reported significantly higher revenues in Core AI-powered Business in its first quarter and projected AI growth ahead, even as net profit and total revenues dropped from last year.
OpenAI is said to be thinking about taking legal action against Apple Inc. (AAPL), claiming that the iPhone rollout of ChatGPT hasn't met expectations, as reported by Bloomberg.
Anthropic clarified that its Claude chatbot's habit of telling users to "get some sleep" or "go rest" is more of a quirky behavior than a built-in feature.
Starbucks Corp. (SBUX) has announced it will be cutting 300 corporate jobs in the U.S. and shutting down some regional support offices. This move is part of CEO Brian Niccol's ongoing efforts to turn the company around.