
Asian Stocks Sink as AI Rally Cools and Middle East Tensions Rattle Markets
Jun 08, 2026 04:14 am UTC| Economy
Asian stock markets suffered steep losses on Monday as investors locked in profits from the booming technology and artificial intelligence sectors, while escalating tensions between Iran and Israel further weakened market...

Oil Prices Surge as Iran-Israel Tensions Escalate, Raising Supply Concerns
Jun 08, 2026 04:13 am UTC| Economy
Global oil prices climbed sharply in Asian trading on Monday after Iran launched multiple missile attacks toward Israel, escalating tensions in the Middle East and raising concerns about potential disruptions to global...

Jun 08, 2026 04:12 am UTC| Economy
Indian companies are facing growing challenges as rising oil prices, higher freight and insurance costs, and weaker consumer spending put significant pressure on business margins in 2026. The ongoing U.S.-Israeli conflict...

Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook
Jun 07, 2026 00:00 am UTC| Insights & Views Economy
Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Canada-Indonesia Trade Pact Gains Momentum as Carney and Prabowo Discuss Economic Cooperation
Jun 07, 2026 00:00 am UTC| Politics Economy
Canadian Prime Minister Mark Carney and Indonesian President Prabowo Subianto held talks on Saturday to discuss the ongoing conflict in the Middle East and its potential effects on global energy markets and the broader...

US Weighs Using Frozen Iranian Assets to Rebuild Gulf Infrastructure After Regional Attacks
Jun 06, 2026 23:48 pm UTC| Politics Economy
The United States is reportedly considering a plan to redirect frozen Iranian assets to help Gulf allies rebuild infrastructure damaged in recent attacks linked to Tehran, according to a Reuters report published on...

US-Iran Gulf Clash Raises Oil Market and Defense Stock Concerns
Jun 06, 2026 02:20 am UTC| Politics Economy
A fresh military confrontation between the United States and Iran has intensified concerns over global oil supplies, defense sector performance, and Middle East security. According to reports citing U.S. Central Command...