
Rubio to Push NATO Defense Spending, Strengthen India Ties During Key Diplomatic Tour
May 20, 2026 02:40 am UTC| Politics Economy
U.S. Secretary of State Marco Rubio is set to visit Sweden and India this week for high-level diplomatic talks focused on NATO defense spending, regional security, trade cooperation, and energy stability. The trip comes as...

Fed’s Anna Paulson Signals Rates Could Stay Higher Longer Amid Inflation Risks
May 20, 2026 02:32 am UTC| Central Banks Economy
Federal Reserve Bank of Philadelphia President Anna Paulson said Tuesday that financial markets are right to consider the possibility of future U.S. interest rate hikes as inflation pressures continue to linger. Speaking...

Nvidia Earnings in Focus as U.S. Stock Futures Hold Steady Amid Rising Treasury Yields
May 20, 2026 02:26 am UTC| Economy
U.S. stock futures traded mostly flat Tuesday night as investors turned cautious ahead of Nvidias highly anticipated quarterly earnings report. Concerns over rising Treasury yields, stubborn inflation, and geopolitical...

Gold Prices Steady as Iran War Fuels Inflation and Rate Concerns
May 20, 2026 02:22 am UTC| Economy
Gold prices traded slightly higher during early Asian trading on Wednesday as investors continued to monitor the inflationary impact of the ongoing Iran war and its effect on global interest rates. Despite signals from...

Dollar Holds Near Six-Week High as Iran War Fuels Inflation Fears and Boosts Fed Rate Hike Bets
May 20, 2026 02:19 am UTC| Economy
The U.S. dollar remained firm near a six-week high on Wednesday as investors increasingly expect higher interest rates to combat rising inflation linked to the ongoing Iran conflict. Concerns surrounding the Middle East...

Oil Prices Slip as Trump Signals Quick End to Iran Conflict
May 20, 2026 02:14 am UTC| Economy
Oil prices edged lower on Wednesday after U.S. President Donald Trump claimed the ongoing conflict with Iran could end very quickly. However, global energy markets remain cautious as uncertainty surrounding U.S.-Iran peace...

China Keeps Loan Prime Rates Steady for 12th Month as PBOC Signals Cautious Policy Approach
May 20, 2026 02:12 am UTC| Central Banks Economy
Chinas central bank left its benchmark lending rates unchanged in May for the 12th straight month, matching market expectations as policymakers continue to balance economic support with inflation concerns. The Peoples Bank...