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Crude oil prices rise after trading opens
Business News

Crude oil prices rise after trading opens

Crude oil prices are starting the week higher. Both WTI and North Sea crude are up around 2 percent in early trading
Volatile stock markets in Asia as Seoul rises while Hong Kong and Tokyo fall
Business News

Volatile stock markets in Asia as Seoul rises while Hong Kong and Tokyo fall

Up in South Korea, down in Hong Kong. The trading week on Asian stock exchanges begins in opposite directions
Analysts: Interest rate hikes could end in a stock market crash
Business News

Analysts: Interest rate hikes could end in a stock market crash

Analysts are warning of a stock market crash if the global wave of rapidly rising market interest rates does not subside. Higher market rates are also putting upward pressure on fixed-rate mortgages
Oil prices rise after Trump speech on China energy deals
Business News

Oil prices rise after Trump speech on China energy deals

Oil prices climbed again overnight Friday, amid claims by US President Donald Trump about energy deals with China.
Tech stocks lift Wall Street despite rising inflation concerns
Business News

Tech stocks lift Wall Street despite rising inflation concerns

Most stocks fell as inflation concerns spread to New York stock exchanges on Wednesday. However, the indices mostly ended higher, driven by gains in the tech sector
US inflation rises to 3.8% - highest in three years
Business News

US inflation rises to 3.8% - highest in three years

Inflation in the United States rose to 3. 8 percent in April, the highest level since May 2023
Nintendo stock plunges after Switch 2 price hike
Business News

Nintendo stock plunges after Switch 2 price hike

Japanese gaming giant Nintendo continues to decline on the Tokyo Stock Exchange, with the stock now at its lowest level since August 2024, CNBC reports.
Interest rate cut increasingly distant in the US
Business News

Interest rate cut increasingly distant in the US

Stubborn inflationary pressures and now strong job figures seem to be reducing the chance that Kevin Warsh - the new head of the Federal Reserve (Fed) - can lower the key interest rate in the United States. That raises the risk of a clash with President Donald Trump
From Taco to Nacho on Wall Street amid Iran war
Business News

From Taco to Nacho on Wall Street amid Iran war

A new mantra - Nacho - has begun to take hold among traders and analysts on Wall Street in the wake of the Iran war, CNBC reports.
Falling kilos lift the hair industry as weight-loss drug side effects increase demand for hair products
Business News

Falling kilos lift the hair industry as weight-loss drug side effects increase demand for hair products

When the pounds fall off, so does the hair. The rush for popular weight-loss drugs has had a side effect - the demand for hair products is also increasing
New records on Wall Street as Apple rises after its quarterly report
Business News

New records on Wall Street as Apple rises after its quarterly report

After hitting a record the previous day, the New York Stock Exchange set two new records on Friday. Technology giant Apple rose after its quarterly report
Apple reports quarterly results better than expected
Business News

Apple reports quarterly results better than expected

Technology giant Apple - the world's third-most valuable publicly listed company - reported quarterly results on Thursday evening that were better than expected.
Saudi Arabia stops supporting the LIV Golf tour after this year
Sports NewsTop News

Saudi Arabia stops supporting the LIV Golf tour after this year

Saudi Arabia's sovereign wealth fund (PIF) will stop funding the controversial LIV Golf tour after this year. The tour is now looking for new investors to continue operating
Alphabet surged on Wall Street, Meta plummeted after quarterly reports
Business News

Alphabet surged on Wall Street, Meta plummeted after quarterly reports

Google owner Alphabet surged on the New York Stock Exchange after its quarterly report. By contrast, Facebook owner Meta plunged after its quarterly report
Giant lift for Samsung as Q1 2026 operating profit rises more than eightfold
Business News

Giant lift for Samsung as Q1 2026 operating profit rises more than eightfold

Electronics giant Samsung is on a roll. The company's operating profit in the first quarter was more than eight times higher than in the same quarter last year
Sources: Saudi Arabia stops supporting LIV Tour
Sports News

Sources: Saudi Arabia stops supporting LIV Tour

Saudi Arabia's sovereign wealth fund will stop financing the LIV Tour, several media outlets report, citing sources.
Meta does not live up to expectations as shares fall in after-hours trading
Business News

Meta does not live up to expectations as shares fall in after-hours trading

Meta, the owner of Facebook, is performing worse than analysts expected. Its shares are falling sharply in after-hours trading in New York
Microsoft performs better than expected, stock declines in after-hours trading
Business News

Microsoft performs better than expected, stock declines in after-hours trading

Software giant Microsoft - the world's fourth-most valuable publicly traded company - beat expectations in its quarterly report on Wednesday evening. The stock was still down in after-hours trading
Alphabet revenue beats expectations
Business News

Alphabet revenue beats expectations

Google's parent company Alphabet released its quarterly report on Wednesday evening. Sales were better than expected
Amazon is doing better than expected, but the stock is falling
Business News

Amazon is doing better than expected, but the stock is falling

Cloud and technology giant Amazon beat market expectations in its quarterly report on Wednesday evening; however, the stock was still falling in after-hours trading.
Disagreement as US policy rate left unchanged
Business News

Disagreement as US policy rate left unchanged

The US Federal Reserve (Fed) is leaving the US benchmark interest rate unchanged in the range of 3. 50-3
New Fed chief Kevin Warsh gets green light from Senate Banking Committee
Business News

New Fed chief Kevin Warsh gets green light from Senate Banking Committee

Kevin Warsh has been approved by the Senate's powerful Banking Committee as the new head of the U. S
IEA warns of the greatest energy threat in history
Business News

IEA warns of the greatest energy threat in history

"The price of oil and natural gas is rising for the fourth day in a row. We are facing the greatest threat to energy security in history," Fatih Birol, head of the International Energy Agency (IEA), told CNBC
IBM is doing better than expected, but the stock is falling
Business News

IBM is doing better than expected, but the stock is falling

Technology company IBM beat analysts' expectations in its quarterly report on Wednesday evening, but its stock fell in after-hours trading.
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