News Feed

India banned its banks from offering the most popular instrument for trading the rupee offshore, threatening to squeeze a $149 billion-a-day market in an extreme step to shore up its tumbling currency.

Treasuries dropped across the curve after President Donald Trump’s threatening tone toward Iran in a prime-time address pushed up oil prices and added to concern over inflation.

Treasuries wiped out an early slump as investor focus turned to the risk that surging energy prices will become a drag on economic growth.

China’s southern industrial hub of Guangdong has asked local power producers to rebuild coal stockpiles, curb the use of gas and accelerate the addition of nuclear generation, in a sign that even the world’s second-largest economy is beginning to feel the impact of war in the Middle East.

Oil rose in volatile trading as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks.

Copper fell with other industrial metals after US President Donald Trump reiterated a threat to attack Iran’s civilian infrastructure should negotiations fail to end the month-long war.

U.S. stock futures sank Wednesday night as President Donald Trump didn’t offer investors any new indications of de-escalation in the conflict with Iran, but again laid out a timetable of finishing the operation “very shortly.”

President Donald Trump says the war in Iran is "very close" to completion and that the US plans to launch fresh attacks on the country. Bloomberg's Jill Disis and Joumanna Bercetche report. (Source: Bloomberg)

But will it stick?

NASA’s crew of astronauts launched to space and reached a stable orbit, kicking off a landmark journey that will take them closer to the lunar surface than anyone has been in more than 50 years. Ed Ludlow reports from the Kennedy Space Center on what this means for the agency's future. (Source: Bloomberg)

When including internal customers, the telecommunications giant said cloud computing revenue grew from a year ago.

Oil rose in volatile trading as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks.

U.S. stock futures sank Wednesday night as President Donald Trump didn’t offer investors any new indications of de-escalation in the conflict with Iran, but again laid out a timetable of finishing the operation “very shortly.”

Indian equities plunged as the Iran war triggered a record wave of foreign investor sell‑offs. Experts warn the downturn may not be over yet.

Mexico’s government forecasts a narrower budget deficit next year, even as President Claudia Sheinbaum pushes for increased public spending and new private investment to counter an economic slowdown.

Stocks fell and the dollar rose as markets stayed jittery after President Donald Trump warned the US would hit Iran “extremely hard” within two to three weeks, disappointing traders who had hoped for clearer signs of an end to the war.

Oil rose in volatile trading as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks.

Oil shocks crippled past presidencies. The Iran war is putting Trump into the danger zone.

The U.S. president will address the nation at 9 p.m. Eastern Time, or 9 a.m. Singapore/Hong Kong time.

U.S. stock futures sank Wednesday night as President Donald Trump didn’t offer investors any new indications of de-escalation in the conflict with Iran, but again laid out a timetable of finishing the operation “very shortly.”

China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.

China’s central bank withdrew cash from its financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy.