Topic: Economy & Finance — Neutral reports only

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[2026-05-13 07:23 UTC+10:00] [General] [Factuality: 90]
Source: The Manila Times
Title: Trump insists inflation surge 'short term,' policies working
Snippet: WASHINGTON — US President Donald Trump on Tuesday insisted that his policies were working and that surging inflation was merely temporary due to the US and Israeli war against Iran.
Read full article: https://www.manilatimes.net/2026/05/13/world/trump-insists-inflation-surge-short-term-policies-working/2342373
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[2026-05-13 07:12 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: EU moves to block imports of Brazilian animal products, ministry says
Snippet: SAO PAULO (AP) — Brazil said Tuesday that the European Union has moved to block its animal product exports from September, just days after a mega deal between the South American trade bloc Mercosur and the EU on a trans-Atlantic market estimated at $22 trillion went into effect, at least provisionally.
Read full article: https://apnews.com/article/brazil-animal-products-exports-eu-2633ba2c6d42e98ab1a041fb97bb3d5a
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[2026-05-13 06:24 UTC+10:00] [General] [Factuality: 92]
Source: New York Post
Title: Millions of student borrowers fall into default as payment collection resumes
Snippet: Millions of student loan borrowers fell into default earlier this year — and a second wave of delinquencies could be on its way, the Federal Reserve Bank of New York said Tuesday.
Read full article: https://nypost.com/2026/05/12/business/millions-of-student-borrowers-fall-into-default-as-payment-collection-resumes/
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[2026-05-13 06:20 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: How major US stock indexes fared Tuesday 5/12/2026
Snippet: A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run.
Read full article: https://apnews.com/article/wall-street-stocks-dow-nasdaq-3263c53c45d731fb4c89324ea0e9ff24
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[2026-05-13 06:00 UTC+10:00] [General Features] [Factuality: 100]
Source: Daily News
Title: How does the Parliament control public finance?
Snippet: Does control over public finance indicate the treasury is legally bound to report day-to-day operations to Parliament? This is where a confusion seems to have arisen among some Members of Parliament including the Leader of the Opposition who claim the treasury should have reported the misplacement of funds to Parliament as an immediate action.
Read full article: https://dailynews.lk/2026/05/13/features/993796/how-does-the-parliament-control-public-finance/
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[2026-05-13 06:00 UTC+10:00] [General Opinion] [Factuality: 100]
Source: Daily News
Title: Electricity price hike Where lies the problem?
Snippet: The International Monetary Fund (IMF) has prescribed cost-reflective energy prices under its programme. It is a logical conclusion because cost-reflective pricing is needed for long-term sustainability. But, in the meantime, what is needed is to take measures for the reduction of electricity generation costs so that prices become affordable for consumers.
Read full article: https://dailynews.lk/2026/05/13/general-opinion/993879/electricity-price-hike-where-lies-the-problem/
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[2026-05-13 05:58 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: DFCC Bank demonstrates disciplined performance in Q1, 2026
Snippet: DFCC Bank delivered a strong financial performance for the period ended 31 March 2026, underscoring the robustness of its strategy, disciplined execution, and the resilience of its balance sheet. Loan and deposit portfolios recorded sustained growth of 5% and7%, respectively, compared to December 31, 2025, reflecting calibrated credit expansion and funding optimisation.
Read full article: https://dailynews.lk/2026/05/13/business/993968/dfcc-bank-demonstrates-disciplined-performance-in-q1-2026/
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[2026-05-13 05:52 UTC+10:00] [World / North America] [Factuality: 90]
Source: The Age
Title: ‘I don’t think about Americans’ financial situation’ in Iran war, Trump says
Snippet: New York: US President Donald Trump dismissed a surge in inflation due to the Iran war and declared he does not think about Americans’ financial situation when deciding whether to make a deal with the regime to end the conflict.
Read full article: https://www.theage.com.au/world/north-america/i-don-t-think-about-americans-financial-situation-in-iran-war-trump-says-20260513-p5zw6b.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-13 05:51 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: MIFL records LKR 818 Mn PBT in FY 2025-26, up 193% YoY - DailyNews
Snippet: Mahindra Ideal Finance Ltd. (MIFL) reported its strongest ever financial performance in the year ended 31 March 2026, recording significant growth across profitability, lending volumes, and operational efficiency.
Read full article: https://dailynews.lk/2026/05/13/business/993977/mifl-records-lkr-818-mn-pbt-in-fy-2025-26-up-193-yoy/
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Prices for 6 grocery store staples are increasing right now as affordability spirals
Snippet: The cost of food has been increasingly volatile due to inflation, as evidenced by some cartons of organic pasture-raised eggs costing an offensive $13.
Read full article: https://nypost.com/2026/05/12/lifestyle/prices-for-6-grocery-store-staples-are-increasing-right-now/
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: Sri Lanka launches major Olympic mission for Los Angeles 2028 - DailyNews
Snippet: Sri Lanka has launched a massive financial support programme worth nearly Rs. 30 million per month for 146 athletes and their coaches under the country’s ambitious “Olympic Mission” project aimed at the 2028 Los Angeles Olympic Games. The Sports Ministry said the programme will provide funds for training, nutrition and living expenses while closely monitoring the progress of athletes from 12 sports.
Read full article: https://dailynews.lk/2026/05/13/sports/993630/sri-lanka-launches-major-olympic-mission-for-los-angeles-2028/
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[2026-05-13 05:33 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: SDB bank and Hayleys Mobility collaborates to support customers with leasing solutions for private vehicles - DailyNews
Snippet: SDB bank has entered into a strategic partnership with Hayleys Mobility Limited through the signing of a Memorandum of Understanding, (MoU) reinforcing the bank’s commitment to expanding access to structured mobility financing while advancing its broader sustainability banking agenda.
Read full article: https://dailynews.lk/2026/05/13/business/993719/sdb-bank-and-hayleys-mobility-collaborates-to-support-customers-with-leasing-solutions-for-private-vehicles/
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[2026-05-13 05:30 UTC+10:00] [Business] [Factuality: 100]
Source: Daily News
Title: Shares – Colombo Stock Exchange ( Market Statistics on 12.05.2026 )
Snippet: Sri Lanka’s most Trusted and Innovative media services provider
Read full article: https://dailynews.lk/2026/05/13/business/993811/shares-colombo-stock-exchange-market-statistics-on-12-05-2026/
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[2026-05-13 05:30 UTC+10:00] [General] [Factuality: 100]
Source: Daily News
Title: ASPI records marginal gain - DailyNews
Snippet: Colombo Bourse finished the session almost flat. The ASPI recorded a marginal gain of 4 points to close at 23,015, while the S&P SL 20 index declined by 6 points to settle at 6,294. MELS, RIL, CIC, BUKI and CARG ranked among the leading positive contributors to the ASPI. Market activity remained at an average level, with balanced participation from both HNW and retail investors, reflecting an overall mixed sentiment.
Read full article: https://dailynews.lk/2026/05/13/business/994010/aspi-records-marginal-gain/
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[2026-05-13 05:20 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Major Palestinian gang running forgery ring uncovered in West Bank op. by IDF, Israel Police
Snippet: A major forgery operation being run by a Palestinian gang in the West Bank was uncovered on Tuesday, with Israel Police and IDF troops arresting five suspects and seizing a large number of forged documents.
Read full article: https://www.jpost.com/israel-news/crime-in-israel/article-895946
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[2026-05-13 05:19 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Traders will soon be able to bet on computer chip prices as AI drives costs skyward
Snippet: A new futures market for semiconductors will let traders hedge their artificial intelligence investments with bets on the increasingly expensive price of computing power.
Read full article: https://www.cnbc.com/2026/05/12/new-futures-market-for-semiconductors-comes-as-ai-drives-costs-skyward.html
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[2026-05-13 05:13 UTC+10:00] [General] [Factuality: 90]
Source: New York Post
Title: Goldman Sachs exec touts plans to automate ‘human assembly line’ with AI ‘robots’– and vows no mass layoffs
Snippet: Goldman Sachs will unleash a wave of generative AI “robots” to automate its famed “human assembly line,” but the tech won’t spark mass layoffs, the bank’s President and Chief Operating Officer John Waldron said Tuesday.
Read full article: https://nypost.com/2026/05/12/business/goldman-sachs-exec-touts-plans-to-automate-human-assembly-line-with-ai-vows-no-mass-layoffs/
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[2026-05-13 05:00 UTC+10:00] [Economy & Markets] [Factuality: 100]
Source: Michael West Media
Title: Scary alert! Like negative gearing? Buy shares!
Snippet: Don't pay so you can read it. Pay so everyone can!
Read full article: https://michaelwest.com.au/scaremongers-alert-like-negative-gearing-buy-shares/
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[2026-05-13 04:55 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: CME Launching Futures Market For AI Compute
Snippet: US derivatives exchange CME Group and index provider Silicon Data have teamed up to create a futures market for computing power, a key source driving the AI boom. Bloomberg reports that the futures will help traders, financial firms, AI builders and cloud providers manage volatility and price swings. Indexes from market-intelligence firm Silicon Data will help underpin the products.
Read full article: https://www.zerohedge.com/markets/cme-launching-futures-market-ai-compute
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[2026-05-13 04:34 UTC+10:00] [General] [Factuality: 100]
Source: The Jerusalem Post
Title: Knesset advances in first reading bill to form Israeli antiquities authority in West Bank
Snippet: A controversial bill aimed at creating a new civilian authority to oversee antiquities and heritage sites within the West Bank passed its first reading in the Knesset plenum overnight, between Monday and Tuesday.
Read full article: https://www.jpost.com/israel-news/article-895949
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[2026-05-13 04:30 UTC+10:00] [Politics / Federal] [Factuality: 100]
Source: The Age
Title: Labor expects more migrants as Coalition, One Nation seek big reduction in numbers
Snippet: The Albanese government expects 35,000 more migrants to stay in the country this financial year than previously forecast, as the Coalition prepares to announce a proposal to slash migration to combat a surge of voters moving to One Nation.
Read full article: https://www.theage.com.au/politics/federal/labor-expects-more-migrants-as-coalition-one-nation-seek-big-reduction-in-numbers-20260512-p5zw3y.html?ref=rss&utm_medium=rss&utm_source=rss_feed
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[2026-05-13 03:40 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: The stock market isn't ignoring Iran. It's rising for these three very real reasons
Snippet: The U.S.-Iran war drags on with no sign yet of a peace deal. Someone needs to tell the stock market.
Read full article: https://www.cnbc.com/2026/05/12/the-stock-market-isnt-ignoring-iran-its-rising-for-these-three-very-real-reasons.html
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[2026-05-13 03:35 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Nelson Peltz's Trian Discussing Wendy's Go-Private Takeover
Snippet: 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.
Read full article: https://www.zerohedge.com/markets/nelson-peltzs-train-discussing-wendys-go-private-takeover
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[2026-05-13 03:31 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Senate confirms Kevin Warsh to Fed board as he clears another hurdle toward becoming chairman
Snippet: 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.
Read full article: https://nypost.com/2026/05/12/business/senate-confirms-kevin-warsh-to-fed-board-as-he-clears-another-hurdle-toward-becoming-chairman/
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[2026-05-13 03:30 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Kalshi promo code NYPMAX: Trade $10, get $10 for the 2026 NBA Draft
Snippet: 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.
Read full article: https://nypost.com/2026/05/12/betting/kalshi-promo-code-nypmax-trade-10-get-10-for-the-2026-nba-draft/
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[2026-05-13 02:19 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: St. John’s lands another international recruit with Babacar Sane commitment
Snippet: St. John’s foray into the international market continued Tuesday.
Read full article: https://nypost.com/2026/05/12/sports/st-johns-lands-commitment-from-babacar-sane/
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[2026-05-13 02:05 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: DBP relocates to a prime location in Naga, Cebu
Snippet: 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.
Read full article: https://www.manilatimes.net/2026/05/13/tmt-newswire/dbp-relocates-to-a-prime-location-in-naga-cebu/2342101
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[2026-05-13 02:04 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: CCAP, JCB strengthens push for responsible borrowing
Snippet: 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.
Read full article: https://www.manilatimes.net/2026/05/13/tmt-newswire/ccap-jcb-strengthens-push-for-responsible-borrowing/2342099
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[2026-05-13 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: DITO, Telin partner to expand cross-market connectivity across Asia
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/13/tmt-newswire/dito-telin-partner-to-expand-cross-market-connectivity-across-asia/2342100
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[2026-05-13 02:01 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Bank lending, money supply up in March
Snippet: ERROR 404 page not found Click here to go to the home page
Read full article: https://www.manilatimes.net/2026/05/13/business/top-business/bank-lending-money-supply-up-in-march/2342094
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[2026-05-13 01:27 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Wendy’s shares soar 14% on report investor Nelson Peltz seeks funding to take struggling chain private
Snippet: 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.
Read full article: https://nypost.com/2026/05/12/business/wendys-shares-soar-14-on-report-investor-nelson-peltz-seeks-funding-to-take-struggling-chain-private/
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[2026-05-13 01:09 UTC+10:00] [General] [Factuality: 100]
Source: AP News
Title: Rights group claims Nigerian airstrike killed 100 civilians in a market
Snippet: ABUJA, Nigeria (AP) — A Nigerian military airstrike killed 100 civilians in a market over the weekend, Amnesty International claims.
Read full article: https://apnews.com/article/nigeria-military-airstrike-market-civilians-031f79695ba9329a1d03978e260824d5
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[2026-05-13 01:00 UTC+10:00] [General] [Factuality: 100]
Source: New York Post
Title: Polymarket promo code NYPMAX: Deposit $20, get $20 for the 2026 PGA Championship
Snippet: 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.
Read full article: https://nypost.com/2026/05/12/betting/polymarket-promo-code-nypmax-deposit-20-get-20-for-2026-pga-championship/
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[2026-05-13 00:55 UTC+10:00] [General] [Factuality: 90]
Source: AfricaNews
Title: South Africa's luxury boat industry turns to Europe as US market weakens
Snippet: 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.
Read full article: http://www.africanews.com/2026/05/12/south-africas-luxury-boat-industry-turns-to-europe-as-us-market-weakens/
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[2026-05-13 00:46 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Aldar to build community on Al Mihsinah Island as part of five megaprojects | The National
Snippet: 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.
Read full article: https://www.thenationalnews.com/business/economy/2026/05/12/aldar-to-build-community-on-al-mihsinah-island-as-part-of-five-megaprojects/
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[2026-05-13 00:19 UTC+10:00] [General] [Factuality: 100]
Source: Nikkei Asia
Title: Tokio Marine gets green light for talks to buy Malaysia's RHB Insurance
Snippet: Tokio Marine collaborated previously with RHB Bank on life insurance sales. (Photo by Kosuke Imamura)
Read full article: https://asia.nikkei.com/business/business-deals/tokio-marine-gets-green-light-for-talks-to-buy-malaysia-s-rhb-insurance
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[2026-05-12 23:48 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: China clears Tencent’s Ximalaya acquisition with strict bans on exclusive deals, fee hikes
Snippet: The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions
Read full article: https://www.scmp.com/tech/policy/article/3353315/china-clears-tencents-ximalaya-acquisition-strict-bans-exclusive-deals-fee-hikes?utm_source=rss_feed
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[2026-05-12 23:48 UTC+10:00] [Ross Liang] [Factuality: 100]
Source: South China Morning Post
Title: China clears Tencent’s Ximalaya acquisition with strict bans on exclusive deals, fee hikes
Snippet: The State Administration for Market Regulation cleared the deal on Tuesday, but imposed five conditions
Read full article: https://www.scmp.com/tech/policy/article/3353315/china-clears-tencents-ximalaya-acquisition-strict-bans-exclusive-deals-fee-hikes
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[2026-05-12 23:44 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: US consumer inflation jumps as Iran war sends energy prices higher
Snippet: 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
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3353316/us-consumer-inflation-jumps-iran-war-sends-energy-prices-higher?utm_source=rss_feed
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[2026-05-12 23:44 UTC+10:00] [Iran] [Factuality: 100]
Source: South China Morning Post
Title: US consumer inflation jumps as Iran war sends energy prices higher
Snippet: 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
Read full article: https://www.scmp.com/news/world/united-states-canada/article/3353316/us-consumer-inflation-jumps-iran-war-sends-energy-prices-higher
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[2026-05-12 23:44 UTC+10:00] [General] [Factuality: 100]
Source: CNBC
Title: Here's the inflation breakdown for April 2026 — in one chart
Snippet: 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.
Read full article: https://www.cnbc.com/2026/05/12/inflation-breakdown-for-april-2026-cpi-chart.html
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[2026-05-12 23:42 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: Mohamed Alabbar plans up to $19 billion in Syria investments | The National
Snippet: 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.
Read full article: https://www.thenationalnews.com/business/2026/05/12/mohamed-alabbar-plans-up-to-19-billion-in-syria-investments/
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[2026-05-12 23:35 UTC+10:00] [General] [Factuality: 100]
Source: The National (UAE)
Title: New weight loss pills could become long term obesity treatments | The National
Snippet: 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.
Read full article: https://www.thenationalnews.com/news/uae/2026/05/12/new-weight-loss-pills-could-become-long-term-obesity-treatments/
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[2026-05-12 23:34 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Trump’s cadre of CEOs hunts for wins in China, from soybeans to semiconductors
Snippet: Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions
Read full article: https://www.scmp.com/economy/global-economy/article/3353312/trumps-cadre-ceos-hunts-wins-china-soybeans-semiconductors?utm_source=rss_feed
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[2026-05-12 23:34 UTC+10:00] [Beijing] [Factuality: 100]
Source: South China Morning Post
Title: Trump’s cadre of CEOs hunts for wins in China, from soybeans to semiconductors
Snippet: Corporate leaders join this week’s state visit, with a diverse group eyeing market access and stability amid frictions
Read full article: https://www.scmp.com/economy/global-economy/article/3353312/trumps-cadre-ceos-hunts-wins-china-soybeans-semiconductors
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[2026-05-12 23:30 UTC+10:00] [General] [Factuality: 100]
Source: South China Morning Post
Title: Elon Musk joins Trump’s Beijing delegation as a ‘natural bridge’ for trade
Snippet: 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
Read full article: https://www.scmp.com/economy/global-economy/article/3353293/elon-musk-joins-trumps-beijing-delegation-natural-bridge-trade?utm_source=rss_feed
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[2026-05-12 23:30 UTC+10:00] [Xi Jinping] [Factuality: 100]
Source: South China Morning Post
Title: Elon Musk joins Trump’s Beijing delegation as a ‘natural bridge’ for trade
Snippet: 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
Read full article: https://www.scmp.com/economy/global-economy/article/3353293/elon-musk-joins-trumps-beijing-delegation-natural-bridge-trade
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[2026-05-12 23:21 UTC+10:00] [General] [Factuality: 100]
Source: Zero Hedge
Title: Stocks Fall, Oil And Rates Rise As Inflation "Roars Back"
Snippet: 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 Nasdaq futures dropped 0.7% as a slide in chipmakers and big tech names dragged down the market in early US hours.
Read full article: https://www.zerohedge.com/markets/stocks-fall-oil-and-rates-rise-inflation-roars-back
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[2026-05-12 23:12 UTC+10:00] [National] [Factuality: 100]
Source: 9News
Title: Budget reveals shock jump in immigration
Snippet: 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 2022-23, but has been steadily dropping since.The latest figures put net overseas migration at 295,000 in 2025-26 and 245,000 in 2026-27, up from last year's estimates of 260,000 this financial year and 225,000
Read full article: https://www.9news.com.au/national/federal-budget-2026-net-migration-figures-to-be-35000-higher-than-expected/a70953dd-969f-4ca2-83e8-d9f839b4a979
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[2026-05-12 23:09 UTC+10:00] [General] [Factuality: 100]
Source: The Manila Times
Title: Oil prices jump, stocks retreat on US-Iran deadlock
Snippet: 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.
Read full article: https://www.manilatimes.net/2026/05/12/news/world/oil-prices-jump-stocks-retreat-on-us-iran-deadlock/2341872
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