
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve
May 11, 2026 06:09 am UTC| Economy Central Banks
European Central Bank (ECB) governing council member Martin Kocher signaled that the ECB may soon need to adjust interest rates if inflation in the eurozone does not show meaningful improvement. His comments, published...

Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears
May 11, 2026 05:15 am UTC| Economy
Indian stock markets opened sharply lower on Monday as investors reacted to growing concerns over the economic fallout from the escalating Middle East conflict and rising crude oil prices. The Nifty 50 index declined 1.2%...

US Auto Industry Urges Trump to Block Chinese EV Market Access
May 11, 2026 05:11 am UTC| Business Politics Economy
As President Donald Trump prepares for a high-profile meeting with Chinese President Xi Jinping, pressure is mounting from U.S. automakers, lawmakers, unions, and manufacturers urging the administration to keep Chinese...

Asian Currencies Slide as Iran Tensions Boost Dollar and Oil Prices
May 11, 2026 05:07 am UTC| Economy
Most Asian currencies weakened on Monday as rising geopolitical tensions in the Middle East reduced investor appetite for riskier assets. Concerns grew after U.S.-Iran peace negotiations appeared to stall, pushing the U.S....

Trump Rejects Iran Proposal as Strait of Hormuz Crisis Pushes Oil Prices Higher
May 11, 2026 05:02 am UTC| Politics Economy
Oil prices surged Monday after former U.S. President Donald Trump rejected Irans latest response to a U.S.-backed peace proposal, raising fears that the ongoing Middle East conflict could intensify and further disrupt...

China Car Sales Drop Again as EV Export Growth Surges in April
May 11, 2026 04:31 am UTC| Economy
Chinas auto market extended its downturn in April as domestic vehicle sales continued to weaken, while strong export demand helped automakers offset mounting pressure at home. According to data released by the China...

Dollar Rises as Strait of Hormuz Crisis Pushes Oil Prices Higher
May 11, 2026 04:25 am UTC| Economy
The U.S. dollar strengthened across Asian markets on Monday as growing tensions between the United States and Iran fueled fears of prolonged disruption in the Strait of Hormuz, a critical global oil shipping route....