
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Apr 28, 2026 05:31 am UTC| Economy Business
The Beijing Auto Show is drawing global attention as it highlights a dramatic shift in the automotive market: electric vehicle (EV) prices in China are significantly lower than in the United States. Intense competition...

Yen Strengthens as BOJ Signals Rate Hikes; Asian Currencies Slip Ahead of Fed Meeting
Apr 28, 2026 05:09 am UTC| Economy
The Japanese yen strengthened on Tuesday after the Bank of Japan (BOJ) maintained its interest rates but hinted at potential rate hikes amid rising inflation risks. The USD/JPY pair declined by 0.2%, hovering near the 159...

Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets
Apr 28, 2026 05:04 am UTC| Economy
Asian stock markets delivered a mixed performance on Tuesday as investors reacted to elevated oil prices, ongoing geopolitical tensions, and the Bank of Japans decision to keep interest rates unchanged. Market sentiment...

Oil Prices Rise Amid U.S.-Iran Tensions and Strait of Hormuz Deadlock
Apr 28, 2026 04:50 am UTC| Economy
Oil prices moved higher during Asian trading on Tuesday as geopolitical tensions between the United States and Iran continued to weigh on global energy markets. The ongoing stalemate over the Strait of Hormuz, a critical...

Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom
Apr 28, 2026 04:49 am UTC| Economy
Wall Street futures moved slightly higher on Monday evening after major U.S. stock indexes reached new record highs, reflecting cautious optimism among investors. SP 500 Futures climbed 0.2% to 7,217.0 points, while Nasdaq...

BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns
Apr 28, 2026 04:38 am UTC| Central Banks Economy
The Bank of Japan (BOJ) decided to keep its benchmark interest rate unchanged at 0.75% following its latest two-day monetary policy meeting, a move that aligned with market expectations. However, the decision revealed a...

Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher
Apr 28, 2026 03:14 am UTC| Economy Politics
U.S. President Donald Trump has expressed dissatisfaction with Irans latest proposal aimed at resolving the ongoing two-month conflict, according to a U.S. official. The development has reduced hopes for a near-term...