
Australia Jobs Surge in June Strengthens Case for More RBA Rate Hikes
Jul 23, 2026 02:20 am UTC| Economy
Australias labor market posted a stronger-than-expected performance in June, reinforcing expectations that the Reserve Bank of Australia (RBA) could raise interest rates again to curb persistent inflation. Data released by...

Oil Prices Rise as Houthi Attacks on Saudi Tankers Heighten Middle East Supply Fears
Jul 23, 2026 01:26 am UTC| Economy
Oil prices extended their rally for a fifth consecutive session during Asian trading on Thursday as renewed geopolitical tensions in the Middle East fueled concerns over potential disruptions to global crude supplies. The...

South Korea Q2 GDP Beats Forecasts as AI Chip Exports Drive Growth
Jul 23, 2026 00:51 am UTC| Economy
South Koreas economy expanded faster than expected in the second quarter of 2026, supported by resilient semiconductor exports as global demand for artificial intelligence (AI) technologies continued to boost the countrys...

Nasdaq Drops as AI Earnings, Oil Surge and Middle East Tensions Weigh on Wall Street
Jul 23, 2026 00:39 am UTC| Economy
U.S. stocks ended mixed on Wednesday as investors turned cautious ahead of key earnings from major technology companies while rising oil prices and escalating tensions in the Middle East added to inflation concerns. The...

US Dollar Pauses Rally as Middle East Tensions Support Safe-Haven Demand
Jul 23, 2026 00:38 am UTC| Economy
The U.S. dollar edged lower on Wednesday after reaching its strongest level in more than a week, but persistent geopolitical risks and surging oil prices continued to support demand for the greenback. Investors remained...

Gold Price Climbs Above $4,130 as Middle East Tensions Boost Safe-Haven Demand
Jul 23, 2026 00:36 am UTC| Economy
Gold prices climbed to their highest level in more than two weeks on Wednesday as investors returned to the precious metal amid escalating geopolitical tensions in the Middle East and continued support above the key...

European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge
Jul 22, 2026 07:36 am UTC| Economy
European stock markets traded slightly lower on Wednesday as investors assessed a fresh wave of corporate earnings while awaiting key economic and policy events, including the latest UK inflation data, the European Central...
States Sue Trump: 25 Challenge "Unconstitutional" Tariffs on 60 Countries in High-Stakes Trade Clash