Ukraine Halts Drone Attacks on Tankers at Russian Port After US Appeal
Ukraine has paused drone strikes on oil tankers using Russia's Novorossiysk port after a US request, per Ukrainian officials.
Economy
Ukraine pauses tanker strikes near Novorossiysk after Vance appeal
Ukraine has paused drone strikes on oil tankers at Russia's Novorossiysk port after a late-July request from US Vice President JD Vance.
US Inflation Cools Slightly in July, But Price Pressures Remain
US CPI likely rose 0.1% in July, easing annual inflation to 3.4%. Core prices are seen up 2.5% year-on-year, keeping Fed policy in focus.
Burnham vows business cost relief despite tight fiscal constraints
UK PM Burnham promises business cost relief within a difficult financial outlook, signalling business rates reform and rail fare changes.
Indonesia lifts PTT investment ban after Timor Sea spill payout
Indonesia lifts investment moratorium on Thailand's PTT after compensation for 2009 Timor Sea oil spill; firm commits $5 billion.
Oil and Gold Climb as Geopolitical Risks and US Inflation Data Loom
Oil and gold prices rose on Wednesday as geopolitical tensions escalated, while markets awaited US inflation data for clues on Fed policy.
Japan's asset managers rush to sell JGB funds as yields climb
Japanese asset managers are launching JGB investment trusts as yields rise, giving retail investors new options beyond traditional savings.
Wheat Climbs on Black Sea Shipping Risks; USDA Report in Focus
Chicago wheat futures rose on Black Sea supply disruptions. Soybeans and corn ticked up ahead of the USDA's August supply-demand report.
Oil climbs as Middle East shipping attacks revive supply worries
Oil prices rose on Wednesday as attacks on ships in key straits and doubts over a US-Iran deal heightened supply concerns, despite a reported build in US crude inventories.
Dollar Holds Ground as Markets Await US Inflation Data
The dollar traded flat against major peers on Wednesday as investors focused on upcoming US inflation data for clues on the Federal Reserve's interest rate path.
Suncorp beats profit forecasts despite weather-hit year, unveils buyback
Suncorp's FY26 cash earnings beat estimates despite higher weather claims. It announced a buyback, special dividend, and 3-5% GWP growth guidance.
JGB yields climb as oil prices stoke inflation worries
Japanese bond yields rose on Wednesday as higher crude oil prices and Middle East tensions added to inflation concerns, with investors awaiting US CPI data.
Fresh attacks on shipping as Iran war talks hit new deadlock
New attacks on ships near key oil routes as Iran-U.S. talks stall; four crew killed, oil prices rise.
AGL Energy Sees Stronger 2027 Profit on Battery Push, Cost Cuts
AGL Energy forecasts FY27 underlying profit of A$470-670 million, beating estimates, aided by battery contributions and cost controls.
Houthi Attack Kills Six in Red Sea; US Disables Ship Near Iran
Houthi attack on cargo ship in Bab el-Mandeb kills four crew and two rescuers; US forces disable a vessel heading to Iran.
New shipping attacks as Iran war talks hit fresh impasse
Fresh attacks on shipping reported as Iran war talks stall; Tehran insists Strait of Hormuz remains closed without US concessions.
Canada, US hold third round of trade talks ahead of tariff deadline
Canadian minister Dominic LeBlanc met US trade officials again as a new tariff deadline looms, with talks focused on averting duties on nearly $20 billion in imports.
US finalizes rule exempting American firms from ownership reporting
The Trump administration has finalized a rule exempting US companies and individuals from beneficial ownership reporting to FinCEN.
US Senators Seek Answers on Diamond Ring Gifted to Trump
Two Democratic senators are pressing Belgian diamond firms over an 18-carat gold ring given to President Trump weeks before a tariff exemption.
Bolsonaro camp drafts debt-linked spending rule to replace Brazil fiscal framework
Bolsonaro's campaign is drafting a debt-linked fiscal rule that could freeze real federal spending growth, replacing Lula's current framework.