
Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks
Aug 03, 2026 04:32 am UTC| Economy
Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings
Aug 03, 2026 01:34 am UTC| Economy
U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks
Aug 03, 2026 01:30 am UTC| Economy Politics
China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

UK Stock Market May Outperform if AI Bubble Bursts, Capital Economics Says
Aug 03, 2026 01:07 am UTC| Economy
The U.K. stock market could prove more resilient than many global peers if the artificial intelligence (AI) investment boom reverses, according to Capital Economics, which argues that the FTSE 100 is better positioned than...

Trump Says Iran Talks to Begin as Strait of Hormuz Deal Nears, Oil Prices Fall
Aug 03, 2026 01:04 am UTC| Politics Economy
U.S. President Donald Trump said negotiations with Iran are scheduled to begin on Monday afternoon, signaling a possible breakthrough in efforts to reopen the Strait of Hormuz and reduce tensions in the Middle East....

US Signals More Joint Yen Intervention With Japan if Currency Volatility Continues
Aug 03, 2026 01:01 am UTC| Politics Economy
The United States is prepared to join additional coordinated foreign exchange intervention with Japan if excessive volatility in the yen continues, U.S. Treasury Secretary Scott Bessent said on Sunday, reinforcing...

Oil Prices Drop Nearly 5% as Trump Delays Iran Strike, Markets Eye Strait of Hormuz Deal
Aug 03, 2026 00:59 am UTC| Economy
Oil prices fell sharply on Monday after U.S. President Donald Trump signaled he would delay launching a fresh military strike against Iran, raising hopes for a diplomatic agreement that could ease tensions in the Middle...