US Crude Futures Fall Over 6% on Possible Strait of Hormuz Reopening
Singapore, 26 May 2026 – US crude futures fell sharply in early Asian trade after reports that Washington and Tehran were discussing a plan that could reopen the…
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AI Rally Drives Record Run in Global Momentum Stocks as Investors Chase Market Winners
NEW YORK, 25 May 2026 – The global artificial intelligence rally is fuelling one of the strongest momentum trades on record, as investors continue to pile into stocks…
Gold Gains as Iran Deal Hopes Ease Inflation Concerns and Rate-Hike Pressure
SINGAPORE, 25 May 2026 – Gold advanced as investors assessed signs that the United States and Iran may be moving closer to an agreement that could reopen the…
HSBC Urges Staff to Embrace AI as Global Banks Begin Workforce Reshaping
HONG KONG, 24 May 2026 – HSBC has urged employees not to resist artificial intelligence as the banking industry enters a more visible phase of AI-driven workforce restructuring,…
UK Floats Goods-Only Single Market With EU as Brexit Trade Reset Faces Early Resistance
LONDON, 24 May 2026 – Britain has reportedly floated the idea of creating a goods-only single market with the European Union, in what would represent one of the…
27 Countries Seek World Bank Crisis Funding Access as Middle East Shock Strains Vulnerable Economies
WASHINGTON, 23 May 2026 – Twenty-seven countries have moved to secure access to crisis financing from existing World Bank programmes since the outbreak of the Iran war, underscoring…
Dow Hits First Intraday Record Since February as Wall Street Extends AI-Led Rally
New York, 22 May 2026 – The Dow Jones Industrial Average climbed to its first intraday record high since February, as Wall Street’s rally continued to broaden on…
EMGA Arranges USD15 Million OeEB Financing for Asia Alliance Bank to Support SMEs, Women Entrepreneurs and Green Projects
London, 22 May 2026 – Emerging Markets Global Advisory LLP has arranged a USD15 million financing facility from OeEB, the Development Bank of Austria, for Asia Alliance Bank,…
Anthropic in Talks to Use Microsoft’s Maia 200 Chips as AI Compute Race Intensifies
San Francisco, 22 May 2026 – Anthropic is reportedly in early discussions to use Microsoft’s in-house artificial intelligence chips, a move that could mark a major step in…
Goldman Sachs to Pay US$500 Million to Settle Shareholder Lawsuit Over 1MDB Scandal
New York, 22 May 2026 – Goldman Sachs has agreed to pay US$500 million to settle a shareholder class action lawsuit linked to its role in the 1Malaysia…