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July 09, 2025

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WEDNESDAY, JULY 09, 2025

World+Biz | USA | Asia | South Asia | Middle East | China | Europe | Africa | Global Economy

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. Photo: REUTERS/Benoit Tessier/File Photo
Global Economy

Oil prices rise as investors assess Iran-Israel ceasefire

Brent settled on Tuesday at its lowest since June 10 and WTI since June 5, both before Israel launched a surprise attack on key Iranian military and nuclear facilities on June 13

A passerby is reflected on an electronic screen displaying a graph showing recent Japan's Nikkei share average movements outside a brokerage in Tokyo, Japan April 9, 2025. Photo: REUTERS/Issei Kato/File Photo
Global Economy

Shares rally, oil slumps as Iran-Israel ceasefire goes into effect

Shipping containers are seen at Pyeongtaek port in Pyeongtaek, South Korea, April 15, 2025. Photo: REUTERS/Kim Hong-Ji
Global Economy

US, South Korea trade ministers reaffirm commitment to reaching tariff deal

A Sheetz customer gets gasoline at a gas station in Plains, Pennsylvania, US October 19, 2022. Photo: REUTERS/Aimee Dilger/File Photo
Global Economy

US attack on Iran adds to economic uncertainty

A satellite image shows the Fordo nuclear facility in Iran in this handout image dated June 14, 2025. Maxar Technologies/Handout via REUTERS
Global Economy

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

Apple introduced its new 'Apple Intelligence' feature at WWDC 2024. Screengrab: Apple
Global Economy

Apple sued by shareholders for allegedly overstating AI progress

Japanese and US Flags fly side by side outside the White House in Washington, US, April 5, 2024. Photo: REUTERS/Kevin Lamarque/File Photo
Global Economy

Japan scraps US meeting after Washington demands more defense spending: FT

Emergency personnel work at an impact site following Iran's missile strike on Israel, amid the Iran-Israel conflict, in Haifa, Israel, June 20, 2025. Photo: REUTERS/Florion Goga/File Photo
Middle East

Middle East tensions put investors on alert, weighing worst-case scenarios

A gold bullion is displayed in The Reserve vault, operated by Silver Bullion Pte Ltd, in Singapore April 10, 2025. Photo: REUTERS/Edgar Su/File Photo
Global Economy

Central banks favour gold over dollar for reserves: WGC survey

A drone view of Bangkok's port along the Chao Phraya River, after US President Donald Trump announced a 90-day pause on tariffs for many countries, in Bangkok, Thailand, April 10, 2025. Photo: REUTERS/Athit Perawongmetha/File Photo
Global Economy

Thai trade proposal to be submitted to US this week: finance minister

An oil pump jack is seen in Artesia, New Mexico, US, April 6, 2023. Photo: REUTERS/Liz Hampton/File Photo
Global Economy

Oil rises as Iran-Israel conflict spurs uncertainty

Representational Photo: Collected
Global Economy

Gold hits near 2-month high as Middle East conflict boosts safe-haven demand

Japan's Economic Revitalization Minister Ryosei Akazawa speaks to the press upon his arrival at Haneda Airport, a day after ministerial talks on tariffs, with US President Donald Trump joining the negotiators, in Tokyo, Japan, April 18, 2025. Photo: REUTERS/Issei Kato/File Photo
Global Economy

Japan and US trade negotiators spoke again on Saturday: Japan gov't

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