
RBNZ Raises Interest Rates to 2.50%, Signals More Tightening as Inflation Risks Persist
Jul 08, 2026 04:37 am UTC| Central Banks Economy
The Reserve Bank of New Zealand (RBNZ) raised its official cash rate (OCR) by 25 basis points to 2.50% on Wednesday, matching market expectations, and indicated that further policy tightening could be necessary to bring...

US Stock Futures Steady as Middle East Tensions and Fed Minutes Keep Investors Cautious
Jul 08, 2026 04:35 am UTC| Economy
U.S. stock index futures were little changed Tuesday night as investors stayed on the sidelines ahead of the release of the Federal Reserves latest meeting minutes while monitoring escalating geopolitical tensions in the...

Oil Prices Jump as Middle East Tensions Shake Markets, AI Rally Loses Steam
Jul 08, 2026 03:47 am UTC| Economy
Oil prices climbed on Wednesday as renewed conflict in the Middle East and fresh U.S. sanctions targeting Iranian oil exports reignited concerns over global energy supplies, while investors reduced exposure to bonds and...

European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets
Jul 07, 2026 09:48 am UTC| Economy
European shares were little changed on Tuesday as gains in consumer-focused sectors offset a broad selloff in artificial intelligence-linked technology stocks, while investors closely monitored the NATO summit in Turkey...

Nasdaq Futures Slide as AI Chip Stocks Sink Despite Samsung Earnings; SpaceX Debuts in Nasdaq-100
Jul 07, 2026 09:40 am UTC| Economy
U.S. stock futures were mixed on Tuesday as technology shares came under pressure, with semiconductor stocks leading declines amid growing concerns over whether the artificial intelligence-driven rally can maintain its...

South Korea’s KOSPI Plunges as Samsung, AI Chip Stocks Trigger Market Sell-Off
Jul 07, 2026 09:36 am UTC| Economy
South Koreas benchmark KOSPI index tumbled as much as 8% on Tuesday, prompting the Korea Exchange to activate a market-wide sell-side circuit breaker as investors rushed to sell major technology stocks despite Samsung...

Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis
Jul 07, 2026 04:23 am UTC| Politics Economy
Cuba began gradually restoring electricity on Monday after the countrys national power grid suffered another major collapse, leaving millions without electricity and worsening an already severe energy crisis driven by fuel...