The stock market isn't ignoring Iran. It's rising for these three very real reasons
The U.S.-Iran war drags on with no sign yet of a peace deal. Someone needs to tell the stock market.
· Sarah Min
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Newest first · UTC+11:00Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover
Shares of Wendy's jumped in premarket trading after the Financial Times reported that Nelson Peltz's Trian Fund Management is considering taking the hamburger chain private and is seeking investors to back the deal.
· Tyler Durden
Senate confirms Kevin Warsh to Fed board as he clears another hurdle toward becoming chairman
The Senate on Tuesday confirmed Kevin Warsh to the Federal Reserve board, as President Trump’s nominee cleared another hurdle toward his path to becoming the central bank’s next chairman.
· Taylor Herzlich
Kalshi promo code NYPMAX: Trade $10, get $10 for the 2026 NBA Draft
Those looking to join the prediction market space can use the Kalshi promo code NYPMAX for a welcome offer, which is especially useful for basketball fans looking ahead to the next generation of stars.
· Mike Turay
St. John’s lands another international recruit with Babacar Sane commitment
St. John’s foray into the international market continued Tuesday.
· Zach Braziller
DBP relocates to a prime location in Naga, Cebu
STATE-owned Development Bank of the Philippines (DBP) has moved its branch-lite unit (BLU) in Naga City, Cebu to a more strategic location as part of its continuing efforts to provide more convenient touchpoints for its clients.
· The Manila Times
CCAP, JCB strengthens push for responsible borrowing
AS more Filipinos rely on credit to manage everyday expenses, the Credit Card Association of the Philippines (CCAP) is intensifying its efforts to promote responsible borrowing and improve financial literacy across the country.
· The Manila Times
DITO, Telin partner to expand cross-market connectivity across Asia
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· The Manila Times
Bank lending, money supply up in March
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· Niña Myka Pauline Arceo
Wendy’s shares soar 14% on report investor Nelson Peltz seeks funding to take struggling chain private
Activist investor Nelson Peltz’s Trian Fund Management is seeking investor backing for a potential bid to take fast-food chain Wendy’s private, the Financial Times reported Tuesday, citing people familiar with the matter.
· Reuters
Rights group claims Nigerian airstrike killed 100 civilians in a market
ABUJA, Nigeria (AP) — A Nigerian military airstrike killed 100 civilians in a market over the weekend, Amnesty International claims.
Polymarket promo code NYPMAX: Deposit $20, get $20 for the 2026 PGA Championship
The prediction market Polymarket is offering a new promo for the 2026 PGA Championship, and it can be unlocked with the Polymarket promo code NYPMAX.
· Mike Turay
South Africa's luxury boat industry turns to Europe as US market weakens
South Africa’s world‑renowned luxury catamaran sector — a $298‑million industry exporting 90% of its boats — is battling a sharp downturn as fluctuating United States tariffs unsettle its biggest market and force builders to seek new horizons.
· AfricaNews
Aldar to build community on Al Mihsinah Island as part of five megaprojects | The National
Aldar Properties, Abu Dhabi's biggest listed developer, has teamed up with the Department of Municipalities and Transport to build new residential communities in the emirate, including on an undeveloped island within the northern coast.
· Fareed Rahman
Tokio Marine gets green light for talks to buy Malaysia's RHB Insurance
Tokio Marine collaborated previously with RHB Bank on life insurance sales. (Photo by Kosuke Imamura)
· Staff Writer
China clears Tencent’s Ximalaya acquisition with strict bans on exclusive deals, fee hikes
The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions
· Iris Deng
China clears Tencent’s Ximalaya acquisition with strict bans on exclusive deals, fee hikes
The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions
· Iris Deng
US consumer inflation jumps as Iran war sends energy prices higher
Inflation had been dropping more or less steadily since peaking with a 9.1 per cent year-over-year spike in prices in June 2022
· Associated Press
US consumer inflation jumps as Iran war sends energy prices higher
Inflation had been dropping more or less steadily since peaking with a 9.1 per cent year-over-year spike in prices in June 2022
· Associated Press
Here's the inflation breakdown for April 2026 — in one chart
Inflation jumped in April to the highest level in nearly three years as surging gas prices due to the Iran war pushed up the cost of many consumer goods.
· Jessica Dickler
Mohamed Alabbar plans up to $19 billion in Syria investments | The National
Emaar founder Mohamed Alabbar is planning to invest upto $19 billion in Syria in different projects as Damascus looks to attract investments to rebuild its economy.
· Fareed Rahman
New weight loss pills could become long term obesity treatments | The National
Weight loss achieved through injectable GLP-1 drugs could be maintained by new oral pills entering the market and become a preventable treatment for chronic health conditions.
· Nick Webster
Trump’s cadre of CEOs hunts for wins in China, from soybeans to semiconductors
Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions
· Kandy Wong
Trump’s cadre of CEOs hunts for wins in China, from soybeans to semiconductors
Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions
· Kandy Wong
Elon Musk joins Trump’s Beijing delegation as a ‘natural bridge’ for trade
Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump
· Sylvia Ma
Elon Musk joins Trump’s Beijing delegation as a ‘natural bridge’ for trade
Gigafactory stakes and a push for self-driving software approval cast the billionaire as a key US envoy while seemingly sealing a reconciliation with Trump
· Sylvia Ma
Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"
US equity futures and bonds were lower as oil climbed, with a key inflation report showing the impacts of higher energy and supply disruptions stemming from the war in Iran. Stocks are poised to fall from all-time highs after the core CPI rose more than expected in April. As of 9:15am S&P futures ewere down 0.2% and…
· Tyler Durden
Budget reveals shock jump in immigration
There will be 35,000 more migrants in Australia this financial year than previously expected, driven by fewer foreigners on temporary visas leaving, according to the budget papers.Immigration surged following the pandemic as the influx caught up from years of border restrictions, peaking at more than 550,000 in 2022…
· Jorge Branco
Oil prices jump, stocks retreat on US-Iran deadlock
LONDON, United Kingdom — Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.
· Agence France-Presse
Two books, two realities: How October 7 transformed Lihi Lapid's American book tour - opinion
Over the past two years, I have published two books in the United States. On paper, both were products of the same mind and the same pen. Both explored the intimate, universal themes of home, family, and the complex threads that bind us to our roots. Both were launched into the vast, competitive American market with…
· LIHI LAPID
Inflation surges to hottest level in nearly three years as Iran war raises prices
Inflation heated up in April to the hottest level in three years as the Iran war drove energy prices higher and started to filter through the economy – likely keeping the Fed on hold when it comes to interest rates.
· Taylor Herzlich
US consumer prices rise 3.8% as Iran war sends energy prices higher
A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)
· Paul Wiseman
US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023
· Gaya Gupta
Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
· Jeff Cox
Israeli bulldozers raze Palestinian shops ahead of road project
A man inspects the site of an Israeli army demolition campaign that targeted several Palestinian commercial structures overnight, days after the issue of demolition and evacuation orders to owners, in the West Bank town of Al-Eizariya Tuesday, May 12, 2026. (AP Photo/Mahmoud Illean)
· Sam Metz
'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat
Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.
· Tyler Durden
Australia takes aim at rising fuel prices with annual budget
Parliament House in Canberra. Treasurer Jim Chalmers says, "We're delivering a fairer tax system for workers, first home buyers and future generations." (Photo by Ken Kobayashi)
· Staff Writer
Hims & Hers plummets 16% after first-quarter loss, weak earnings guidance
Telehealth company Hims & Hers' stock plummeted in early trading Tuesday after posting a first-quarter loss and weak earnings guidance for the year ahead.
· Sawdah Bhaimiya
Aukus costs balloon with more cash and staff for submarine agency amid ongoing search for nuclear waste dump
Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arrive
· Ben Doherty
German firms in China more upbeat about economy despite Iran war, trade headwinds: survey
Expectations for growth, profits and investment are all up, despite geopolitical turbulence
· Karen Tian
German firms in China more optimistic despite Iran war, trade headwinds: survey
Expectations for growth, profits and investment are all up, despite geopolitical turbulence
· Karen Tian
India’s inflation in April rises for sixth straight month, but undershoots estimates
India's consumer price inflation in April rose for the sixth straight month to 3.48% from 3.40% in March, even as the government kept prices at the pump steady to shield consumers from rising global oil prices.
· Priyanka Salve
Chalmers’ budget. From landlord paradise to clever country?
Don't pay so you can read it. Pay so everyone can!
· Harry Chemay
At least nine people killed in explosion at Pakistan market
An explosion in a busy market in northwestern Pakistan has killed at least nine people and wounded 30, according to emergency workers and a medical official.
· Al Jazeera Staff
Yulia Navalnaya Rejects Claims of ‘Fictitious Employees’ as FBK Infighting Goes Public
Yulia Navalnaya, the widow of the late Russian opposition activist Alexei Navalny, has dismissed accusations of financial impropriety within the Anti-Corruption Foundation (FBK), which her husband founded in 2011 to investigate corruption among government officials.
· The Moscow Times
Congo-Brazzaville asks to open talks with IMF for new economic programme
The Republic of Congo has formally asked to open negotiations with the International Monetary Fund (IMF) with a view to establishing a new economic and financial programme.
· AfricaNews
Senate approves expanded free tertiary education bill
MANILA, Philippines —The Senate on Tuesday approved on third and final reading a measure seeking to strengthen the implementation of the Universal Access to Quality Tertiary Education Act by expanding financial assistance, widening access for disadvantaged learners, and improving monitoring and quality assurance mec…
· Javier Joe Ismael
Victoria urged to follow Canberra’s lead in property tax overhaul
Property experts say the generational tax changes in Jim Chalmers’ budget, although well intended, will do little to address the most pressing crisis confronting Victoria’s moribund housing market – the prohibitive cost of building homes.
· Chip Le Grand
Trump’s Middle East war could push Australia to brink of recession if conflict worsens, budget papers show
Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war
· Dan Jervis Bardy
What the federal budget means for Queensland
The Albanese government has unveiled a daring overhaul of property tax to slug investors and help more first homebuyers enter the market – a move likely to be felt most acutely by Queenslanders.
· James Hall