Oil prices steady as US-Iran talks stall over compensation demand
Oil steadies near one-week highs as US-Iran peace deal hopes fade; Trump demands compensation, complicating Hormuz reopening.
Business
US officials target supply chain gaps as foreign manufacturing investment rises
US officials are working with foreign investors to strengthen domestic supply chains, with Hanwha Philly Shipyard pledging $5 billion in investment.
Gold Climbs to Two-Month High as Markets Await US Inflation Data
Gold prices rose for a third straight session, reaching a two-month high, as investors focused on upcoming US inflation data for clues on the Fed's rate path.
Adani hails US court ruling that drops fraud and bribery case
A US judge dismissed criminal charges against Gautam and Sagar Adani, a move the Adani Group chairman welcomed.
Hims & Hers posts wider loss as branded weight-loss drugs lift costs
Hims & Hers' shift to branded obesity drugs widened its Q2 loss, but the company raised its full-year revenue forecast.
JPMorgan to sustain Asia-Pacific hiring as corporate bank revenue surges
JPMorgan will keep hiring in Asia Pacific at a similar pace in 2027, after regional corporate bank revenue grew over 20% this year.
SEC settles fraud charges against Adit Ventures over pre-IPO share deals
SEC settles fraud charges with Adit Ventures over pre-IPO investments in SpaceX and Klarna, alleging misuse of client funds.
Nikkei climbs 2% on AI chip rally, Middle East uncertainty caps upside
Japan's Nikkei rose 2% on Monday, driven by AI and chip stocks, while Middle East tensions and the Obon holiday tempered the advance.
Treasury Wine Estates takes $394 million hit to reset US operations
Treasury Wine Estates announces a major US restructuring, taking a significant charge while reporting earnings above guidance.
Wheat climbs on Black Sea supply fears and softer dollar
Chicago wheat futures rose on Monday, supported by a soft dollar and concerns over Black Sea grain exports after attacks on infrastructure.
Australia tightens divestment rules for Northern Minerals investors
Australia has amended divestment orders for two Northern Minerals shareholders, requiring prior notification of any share sale to the Treasurer.
Dollar Holds Near Two-Month Low as Markets Await US Inflation Data
The dollar hovers near a two-month low as investors await US inflation data for clues on the Fed's rate path.
China's Crude Imports Drop as Asia Bears Brunt of Middle East Supply Disruption
China's crude imports fell sharply in June-July, absorbing most of Asia's supply losses from the Middle East conflict.
Rupee, bonds eye oil prices and inflation data this week
Oil prices and July inflation data from India and the US will guide rupee and bond moves this week.
Australian shares slip as Westpac drags banks, miners rally
Australian shares fell on Monday, led by a sharp drop in Westpac, as investors awaited the RBA's policy decision. Mining and gold stocks rose.
Tabcorp to Acquire BetMakers in A$267 Million Deal
Tabcorp will acquire BetMakers for A$267 million, a 45.5% premium, with the deal expected to close in Q3 FY2027.
Gold Holds Near Seven-Week High as Markets Await US Inflation Data
Gold holds steady near a seven-week peak after weak US jobs data boosted rate-cut bets; CPI and PPI reports due this week.
Oil climbs as Hormuz reopening hinges on US conditions
Oil prices rose on Monday as traders weighed Iran's latest comments on Hormuz reopening and fresh supply threats.
Asian Stocks Edge Up as Soft Jobs Data Tempers Rate-Hike Bets
Asian shares rose Monday after soft US jobs data pared rate-hike risks, though oil prices firmed on Gulf shipping concerns.
I Squared Capital wins oOh!media takeover battle with A$1.04 billion bid
oOh!media agrees to A$1.04 billion takeover by I Squared Capital, ending a competitive bidding war that drew global investors.