US President Donald Trump called on oil companies to lower their prices for American consumers, saying in a post to social media that it was because of “the genius” of his administration that companies like Chevron have been making such large profits.
Mubadala is committing $170 billion, or roughly 44 per cent of its portfolio, to US interests, with investments across AI, semiconductors, health care, energy and advanced manufacturing, the Abu Dhabi sovereign wealth fund said on Monday.
Capital One said that it closed some 300 bank accounts held by companies affiliated with US President Donald Trump for anti-money laundering (AML) reasons, according to a new motion filed by the bank on Friday.
MANILA, Philippines — President Ferdinand Marcos Jr. on Monday said Japan has always been an "important partner" in the Philippine economic development ever since Manila established relations with Tokyo 70 years ago.
The Chinese government has substantially stepped up its public relations activities in Turkey following the damage to its image caused by the collapse of manufacturer BYD’s planned investment in the country.
San Francisco Giants’ Luis Arraez jokes with players in the San Diego Padres dugout as he stands on first base after getting hit by a pitch during the fourth inning of a baseball game Thursday, July 30, 2026, in San Diego. (AP Photo/Gregory Bull)
Shares of Amazon hit a new all-time high on Monday, putting its market cap over the $3 trillion threshold following a better-than-expected earnings report last week.
San Francisco Giants’ Luis Arraez jokes with players in the San Diego Padres dugout as he stands on first base after getting hit by a pitch during the fourth inning of a baseball game Thursday, July 30, 2026, in San Diego. (AP Photo/Gregory Bull)
Global private equity firm KKR has raised $19.2 billion for the largest infrastructure fund in its history, focusing on investments in critical assets across North America and Western Europe as demand for long-term infrastructure capital grows.
Update (1015ET): As we noted below, there was a significant divergence between the two manufacturing surveys for July... which is not that unusual, and also an odd divergence between falling inflation expectations and universally rising commodity prices.
At least nine people have been killed in Russia and three in Ukraine, according to local officials from each side, as both countries continue to exchange attacks.
The UAE Ministry of Finance has integrated the Aani instant payments platform and Jaywan domestic card scheme into its payment channels, as the government accelerates the roll-out of national digital payment infrastructure across federal entities.
Finance Minister Bezalel Smotrich and National Missions Minister Orit Strock on Monday called on the government to hold a new vote on the recommendations of the government's Board of Peace (BoP), arguing that ministers approved the original decision based on incomplete and misleading information.
A 30-year property super-cycle that has made Australian homes among the most expensive in the world may finally be coming to an end, one of the nation’s top economists has predicted, despite warnings prices will eventually rebound due to a chronic shortage of homes.
The week ahead will be dominated by the US labor market, with the JOLTS report tomorrow, the ADP employment survey on Wednesday, and building up to Friday’s July employment report. Beyond the US, investors will be watching Swiss inflation today, Swedish inflation on Thursday, German activity data throughout the week…
The Economic Community of West African States is expected to donate $250,000 to the to Ghana in the wake of its devastating floods; t’s intended to provide relief for flood victims.
TOKYO — Nissan Motor Corp. reported Monday that it returned to profit in the first quarter of the fiscal year, helped by cost cutting measures and improved sales in some markets.
MANILA, Philippines — Over eight million customers of Manila Electric Company (Meralco) are expected to benefit from a P9.5-billion refund ordered by the Energy Regulatory Commission (ERC) as the Marcos administration remains committed to address the financial needs of Filipinos, Malacañang said on Monday.
In the second half of 2027, regulations will come into effect in Israel to allow driving in vehicles with advanced autonomous assistance systems, sources in the Ministry of Transport believe. Local regulations on the subject have been in the process of being formulated in government ministries for over five years, b…
Futures are higher with both tech and small caps outperforming as Trump points to a deal/advanded discussions with Iran (which Iran is naturally denying), which is helping push energy prices and bond yields lower as the USD depreciates. As of 8:00am ET, S&P futures are up 0.5% while Nasdaq futures rise 0.4% led by M…
Since its first trade on June 12, SpaceX has lost over $500 billion in market cap, a stunning blow to retail investors who jumped into Elon Musk's rocket company at their first opportunity. The stock is coming off its fourth straight weekly loss and is more than 50% off its intraday high.
MANILA, Philippines — Marikina First District Rep. Marcelino "Marcy" Teodoro has filed a bill seeking to increase the annual income tax-exempt threshold from P250,000 to P500,000 and providing for the automatic adjustment of income tax brackets every three years based on inflation.
The Financial Times reported overnight that AstraZeneca has explored acquiring Bristol Myers Squibb in a potential megadeal that would create one of the world's largest drugmakers, with a combined market capitalization of nearly $400 billion.
U.S. support for Japanese efforts to bolster the country's struggling currency has offered a sharp bounce for the yen in recent sessions, strengthening some 5% before paring gains on Monday.
The European Union gained new powers to inspect AI models, restrict EU market access and fine model providers, raising the stakes for U.S. companies like Anthropic and OpenAI and Google.
Korean cryptocurrency exchange Bithumb on Monday unveiled a detailed roadmap for its planned initial public offering by 2028, underlining that the listing process would be used to strengthen corporate governance and financial transparency.
PARIS — The French government will need to green light attempts by non-European investors to acquire more than 10 percent of shares in French companies “operating in a sensitive sector” and listed on a stock market outside the EU, Prime Minister Sébastien Lecornu said.
Slovak Prime Minister Robert Fico has mocked the European Commission for what he called blatant hypocrisy after it quietly exempted Russian luxury sable fur from sanctions, reportedly bowing to pressure from member states dependent on the trade.