Oil prices fell sharply in recent trading sessions as markets reacted to renewed optimism that the United States and Iran could reach an agreement to reopen the Strait of Hormuz, a vital global energy corridor.
The Reserve Bank of New Zealand held its official cash rate steady at 2.25 percent on Wednesday, but signaled a more aggressive path for future interest rate increases as inflation pressures intensify.
Asian and European stock markets showed a mixed performance on Tuesday, a day after the United States military carried out strikes on targets in southern Iran. The U.S.
Sri Lanka's central bank unexpectedly raised its key policy interest rate by a full percentage point on Tuesday, a sharp move aimed at combating rising inflation and supporting the national currency amid economic pressur...
Indian benchmark stock indices ended a volatile trading session on Tuesday with marginal gains, following a sharp rally the previous day driven by optimism over potential diplomatic progress in West Asia.
The price of compressed natural gas in Delhi rose by 2 rupees per kilogram on Tuesday, marking the fourth increase in less than two weeks. The new rate of 83.
Shares of Strathcona Resources Ltd. fell sharply on Monday, May 25, 2026, as a broad decline in crude oil prices weighed heavily on Canadian energy stocks. The company's stock closed at C$44.
Finance Minister Nirmala Sitharaman on Monday called for a sharpened focus on what she termed the "three Fs" of fuel, fertiliser, and foreign exchange, as India grapples with the economic fallout from the prolonged West ...
The Australian dollar strengthened against the US dollar on Monday, trading around 0.7160 during early Asian hours, as reports of progress toward a peace deal between the United States and Iran bolstered risk appetite an...
A liquefied natural gas tanker carrying a shipment for India has exited the Strait of Hormuz, the first such delivery for the country from the Persian Gulf since the outbreak of war between the US and Iran, as regional e...
Asian shares mostly rose and oil prices plunged on Monday after U.S. President Donald Trump said talks on ending the war with Iran were progressing, raising expectations that a potential peace deal could reopen the Strai...
The Alberta government has set an ambitious timeline for the construction of a new oil pipeline to Canada’s West Coast, a schedule that analysts at CIBC World Markets have described as optimistic and reflective of a best...
Travelers using credit cards that earn airline miles and travel points will likely find their accumulated balances less valuable this summer, as rising jet fuel costs and seasonal demand drive up the cost of flights and ...
Japan's economy grew faster than expected in the first quarter of 2026, according to official data released Tuesday, but officials and analysts warn that escalating conflict in the Middle East threatens to derail the rec...
China has agreed to address U.S. concerns regarding shortages of certain critical minerals, including rare earth elements, following a recent summit between the two nations' leaders.
American consumer sentiment has fallen to its lowest level on record, according to the latest survey from the University of Michigan. The final reading of the Consumer Sentiment Index for May dropped to 44.
Intercontinental Exchange, the parent company of the New York Stock Exchange, and the global cryptocurrency exchange OKX announced a partnership on Friday to launch perpetual futures contracts tied to major oil benchmark...
Retail sales in Canada rose in March, driven primarily by a sharp increase in gasoline prices, but underlying consumer spending appears to be weakening as households adjust to higher fuel costs.