US, Russia to Meet on Ukraine; Markets Cautious Amid Global Trade Tensions

US, Russia to Meet on Ukraine; Markets Cautio...

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Trump Signals Possible End to Iran War, Stocks Rebound, Oil Plunges

Business and finance news from the Asia-Pacific. President Donald Trump said he would waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted on Monday that the war with Iran would resolve "very soon" as he confronted mounting econo ...  Show more

Markets Hit as Oil Tops $100

Business and finance news from the Asia-Pacific. Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower. Brent climbed 18% to around $109 a barr ...  Show more

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Jake Sullivan visits China and Russia launches more air attacks on Ukraine
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The European Union and the United States have reached a significant trade agreement, substantially reducing the likelihood of an all-out trade war. While some details remain unclear, the markets have responded favourably to the announcement. In a related development, Chinese and ...  Show more