
US Trade Court Blocks Trump’s 10% Global Tariffs
May 08, 2026 01:56 am UTC| Politics Economy Law
The U.S. Trade Court on Thursday ruled against President Donald Trumps latest 10% global tariffs, stating that the broad trade measures were not legally justified under a decades-old trade law from the 1970s. The decision...

Trump Signals Possible U.S.-Iran Peace Deal as Markets Rally on Hopes of War Ending
May 07, 2026 08:16 am UTC| Economy Politics
U.S. President Donald Trump said a peace agreement between the United States and Iran could be reached soon, raising hopes of an end to the ongoing conflict that has shaken global energy markets and disrupted shipping in...

Japan Tech Stocks Surge as AI Optimism Lifts SoftBank, Chipmakers
May 07, 2026 08:05 am UTC| Economy Technology
Japanese technology and semiconductor stocks rallied sharply on Thursday, driven by growing global optimism surrounding artificial intelligence and strong momentum in the AI chip sector. The surge followed impressive...

European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment
May 07, 2026 07:56 am UTC| Economy
European stock markets traded mostly higher on Thursday as investors reacted positively to reports that the United States and Iran are preparing to restart negotiations aimed at ending their ongoing conflict. Optimism...

Iran-U.S. Peace Deal Near as Oil Prices Fall and Nuclear Disputes Persist
May 07, 2026 05:04 am UTC| Politics Economy
Iran said it is reviewing a new U.S. peace proposal aimed at ending the ongoing conflict between Washington and Tehran, while major disagreements over Irans nuclear program and the Strait of Hormuz remain unresolved. The...

Trump-Xi Meeting 2026: U.S.-China Trade Tensions Escalate Ahead of Beijing Summit
May 07, 2026 04:37 am UTC| Politics Economy
U.S. President Donald Trump is expected to meet Chinese President Xi Jinping in May 2026 during his first trip to China in eight years, as tensions between the worlds two largest economies continue to reshape global trade,...

Asian Stocks Rally as Japan’s Nikkei Hits Record High on U.S.-Iran Peace Optimism
May 07, 2026 04:16 am UTC| Economy
Asian stock markets surged on Thursday, led by Japanese equities as investors reacted positively to signs of easing tensions between the United States and Iran. Growing optimism surrounding a possible U.S.-Iran peace...