Fed’s Goolsbee Warns Oil Shock Could Amplify AI-Driven Inflation Risks
Tokyo, 28 May 2026 – Chicago Federal Reserve President Austan Goolsbee has warned that higher energy prices from the Iran conflict could worsen inflation risks at a time…
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New Zealand Delivers Stripped-Back Budget as Global Risks Limit Election-Year Giveaways
Wellington, 28 May 2026 – New Zealand has unveiled a restrained election-year budget with few voter incentives, as the government prioritises fiscal discipline, debt control and economic resilience…
Gold Holds Losses as US-Iran Impasse Keeps Inflation Risks Elevated
New York, 28 May 2026 – Gold remained under pressure as investors weighed the continuing US-Iran impasse, with stubborn inflation risks, volatile oil prices and shifting interest-rate expectations…
Goldman Says Dollar Surge and Iran War Weighed on Treasury Demand
New York, 28 May 2026 – Demand for US Treasuries has come under pressure as the Iran war strengthens the dollar, lifts inflation concerns and complicates the traditional…
Cognition Raises US$1 Billion at US$26 Billion Valuation as AI Coding Race Accelerates
San Francisco, 28 May 2026 – Cognition AI has raised more than US$1 billion in a new funding round that values the artificial intelligence coding startup at US$26…
Newcleo to List on Nasdaq in US$2.4 Billion Deal as Nuclear Power Rides AI Energy Demand
Milan, 27 May 2026 – Nuclear energy company Newcleo is set to list on the Nasdaq through a merger with NewHold Investment Corp III, in a deal that…
Gold Slips as US-Iran Deal Uncertainty Keeps Traders Focused on Inflation and Rates
New York, 27 May 2026 – Gold extended its recent weakness as traders weighed shifting prospects for a US-Iran agreement, with renewed geopolitical uncertainty, firmer oil prices and…
AI Boom Masks Mounting Risks From Middle East Energy Shock, MAS Chief Warns
Singapore, 26 May 2026 – Artificial intelligence investment has helped keep global markets resilient despite a major Middle East energy shock, but the concentration of growth around a…
Australia’s CBA Warns AI Will Bring Smaller Teams as Banking Automation Accelerates
Sydney, 26 May 2026 – Commonwealth Bank of Australia Chief Executive Officer Matt Comyn has warned that artificial intelligence will inevitably reshape banking jobs, with some work expected…
Gold Holds Gains as Iran Deal Progress Eases Inflation Concerns
Singapore, 26 May 2026 – Gold held onto gains as investors assessed signs of progress in US-Iran negotiations that could reopen the Strait of Hormuz, easing energy-market stress…