Indonesia's planned commodity exchange to feature palm oil, nickel, coal
Indonesia's planned commodity exchange will likely include palm oil, nickel and coal, a presidential spokesperson said, as the government prepares for a January launch.
Economy
Global bond selloff deepens as Middle East tensions spike oil prices
Long-dated government bond yields hit multi-decade highs as Middle East tensions and rising oil prices stoke inflation fears, pressuring global equities.
US and Canada Race to Avert New Tariffs as Deadline Looms
Negotiators scramble to find a truce before 50% US tariffs on $20 billion of Canadian goods take effect Wednesday.
Dollar Stays Soft as Rate Hike Bets Fade, Middle East Tensions Simmer
The dollar remains weak against major peers as traders trim Fed hike bets, while Middle East tensions and bond supply concerns keep yields elevated.
KOSPI jumps 2.7% to one-month high as chip stocks rally on AI demand
South Korean shares hit a one-month high, led by chipmakers on AI demand optimism, with the KOSPI rising 2.73%.
CSL shares jump 18% as annual profit beats forecasts, buyback announced
CSL's underlying profit beat estimates, shares surged 18%, and a A$1.1 billion buyback was announced.
Oil and Bond Yields Rise as US-Iran Truce Lapses, Weighing on Asian Stocks
Asian markets were mixed on Tuesday as the US-Iran truce expired, lifting oil prices and bond yields while capping stock gains.
Zambia's Hichilema Secures Second Term as Opposition Surges on Cost-of-Living Anger
Hichilema wins re-election with 60% of votes, but opposition's strong 38% showing signals public discontent over cost-of-living pressures.
BHP, CSL rally lifts Australian shares off four-day slide
Australian shares rose on Tuesday, led by BHP and CSL, snapping a four-day losing streak despite bank stock declines.
Gold Extends Rally as Rate-Hike Fears Fade, Fed Minutes in Focus
Gold rose for a third straight session as expectations of a September rate hike faded, with the dollar subdued and investors awaiting Fed minutes.
Japan's 10-Year Bond Yield Touches Highest Level Since 1996
Japan's 10-year government bond yield rose to 2.945%, its highest since September 1996, on global inflation worries and BOJ tightening expectations.
BHP Posts Record Copper-Driven Profit, Lifts Dividend to Four-Year High
BHP's FY26 profit rose 30% to $13.2B, beating estimates, driven by record copper prices and a higher dividend.
Iran warns of offensive in Strait of Hormuz as US rules out ceasefire extension
Iran threatens offensive action in the Strait of Hormuz, Canada faces 50% US tariffs, and Trump's approval rating drops to 33%.
US Treasury yields climb as investors weigh Iran tensions
US Treasury yields rose Monday as investors weighed Iran's offensive posture against a light economic calendar and upcoming Fed minutes.
US Saw $133.5 Billion Net Capital Inflow in June, Treasury Data Shows
Net capital inflows into the US reached $133.5 billion in June, driven by private investment and strong equity purchases.
IMF Team to Visit Senegal for Talks on New Lending Program
IMF staff will visit Senegal from Aug 19 to Sept 1 to discuss a new lending arrangement, following progress on resolving a debt disclosure issue.
Oil jumps over 2% as Iran standoff deepens, Hormuz shipping stalls
Oil settled up over $2 on Monday as diplomatic efforts to end the Iran war stalled and shipping through the Strait of Hormuz slowed sharply.
Canada unveils $70 billion clean energy push in Atlantic Canada
Ottawa announces $70 billion investment in Atlantic clean energy, including the Gull Island project and Labrador wind farms.
Oil climbs $2 as Iran standoff deepens, Hormuz shipping stalls
Oil jumped over $2 on Monday as US-Iran talks stalled, Hormuz transits slowed, and ADNOC sold spot crude to Asia.
UN presses US and Iran to return to talks as 60-day deadline nears
The UN urges Washington and Tehran to resume talks as a 60-day deadline approaches, while Iran and Oman work on a Hormuz shipping plan.