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Trump dismisses reports US is weighing up to $30 billion civilian nuclear deal for Iran
Recent reports suggesting that the U.S. government considered a $30 billion civilian nuclear deal for Iran have been dismissed by former President Donald Trump. The Trump Iran Nuclear Deal claims, which were circulated by CNN and NBC News, alleged that discussions had taken place within the Trump administration about offering Iran access to substantial funding…
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Oil market reflects slim chance of supply disruption, Goldman analysts say
A minimal probability of oil disruption in global supply has been observed by market analysts following the recent de-escalation between Iran and Israel. According to a note issued on Thursday by Goldman Sachs, the options market is currently reflecting only a 4% chance of oil flow disruption through the Strait of Hormuz. This narrow waterway,…
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Vietnam PM expects US trade deal before July tariff deadline
A potential Vietnam US Trade Deal is anticipated before the looming July deadline, as stated by Vietnamese Prime Minister Pham Minh Chinh during the World Economic Forum held in Tianjin, China. A strong expectation has been voiced that a bilateral agreement will be reached prior to the expiration of the temporary suspension of 46% reciprocal…
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Rupee firms; dip in US yields, RBI cash withdrawal plan lift forward premiums
The Indian rupee was observed to have appreciated against the U.S. dollar on Wednesday, as stability returned to global financial markets following the announcement of a ceasefire between Iran and Israel. As the rupee firms amid improving geopolitical sentiment, risk appetite was lifted, with equities and currencies across Asia being buoyed. Investors were comforted by…
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Sterling rises as risk assets rally on Israel-Iran ceasefire
Sterling rises on Israel-Iran ceasefire, reflecting a surge in global risk sentiment witnessed on Tuesday. The British pound, also known as sterling, appreciated against both the euro and the U.S. dollar. The appreciation was fueled by the announcement of a ceasefire between Israel and Iran, which was made public by U.S. President Donald Trump. Relief…
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SNAPSHOT Wall St indexes open muted as investors await Tehran’s response to US strikes
Wall Street opens muted on Monday as its major indexes were observed to start the session in a subdued manner, with investors exercising caution amid recent geopolitical developments. Concerns were escalated following reports that the United States launched airstrikes targeting Iran’s nuclear facilities over the weekend. As a result, the financial markets have been clouded…
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Asus fends off bid to ban US laptop imports in Lenovo patent dispute
In a significant legal development, Taiwanese electronics giant Asus has successfully defended itself in the Asus Lenovo patent dispute, avoiding a potential ban on its laptop imports into the United States. The case, which stemmed from a patent infringement dispute initiated by Hong Kong-based Lenovo, was reviewed by the U.S. International Trade Commission (ITC), where…
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Stellantis asks for thousands of Citroen cars with faulty airbags to be removed from roads
A major safety recall has been issued by Stellantis concerning Citroen cars with faulty airbags. Specifically, 82,000 Citroen C3 and DS3 models manufactured between 2014 and 2019 have been asked to be taken off the road in France. The decision has followed a tragic incident in Reims, where a woman lost her life due to…
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Iran crypto exchange hit by hackers, $90 million destroyed
A massive cyberattack was reported on Wednesday, as Iran Crypto Exchange Hit by Hackers, resulting in the destruction of nearly $90 million in digital assets. The breach was claimed by a hacker group known as Gonjeshke Darande or “Predatory Sparrow,” a faction believed to have potential ties to Israel. This attack marked the second consecutive…
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Trump dismisses reports US is weighing up to $30 billion civilian nuclear deal for Iran
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Oil market reflects slim chance of supply disruption, Goldman analysts say
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Vietnam PM expects US trade deal before July tariff deadline
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Rupee firms; dip in US yields, RBI cash withdrawal plan lift forward premiums
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Sterling rises as risk assets rally on Israel-Iran ceasefire
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SNAPSHOT Wall St indexes open muted as investors await Tehran’s response to US strikes
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Asus fends off bid to ban US laptop imports in Lenovo patent dispute
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Stellantis asks for thousands of Citroen cars with faulty airbags to be removed from roads
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Iran crypto exchange hit by hackers, $90 million destroyed
