
Oil Prices Rise as Trump Threatens Tougher Iran Economic Measures
Aug 20, 2026 05:27 am UTC| Economy
Oil prices climbed on Thursday, extending their winning streak to five sessions as escalating tensions between the United States and Iran heightened concerns over global crude supply. Brent crude futures gained 0.3% to...

Australia Unemployment Rate Hits 4.5% as Jobs Fall in July
Aug 20, 2026 05:26 am UTC| Economy
Australias unemployment rate climbed to 4.5% in July, signaling further weakness in the labor market and potentially influencing the Reserve Bank of Australias (RBA) interest rate decision at its September meeting....

Japan Trade Deficit Widens as Imports Surge on Energy and AI Demand
Aug 20, 2026 05:23 am UTC| Economy
Japan recorded a trade deficit of 634.58 billion yen ($4.01 billion) in July as strong export growth was outweighed by an even sharper rise in imports, according to data from the Ministry of Finance. The July trade deficit...

Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks
Aug 20, 2026 05:13 am UTC| Economy
Asian currencies stabilized on Thursday following strong gains in the previous session, while the U.S. dollar remained under pressure as investors assessed Washingtons efforts to ease volatility in the Treasury bond...

Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief
Aug 20, 2026 05:08 am UTC| Economy
Asian stocks rallied Thursday as easing pressure in U.S. bond markets and renewed strength in semiconductor shares lifted major regional indexes, with South Koreas KOSPI and Japans Nikkei leading gains. Investor sentiment...

US Treasury Buybacks Ease Global Bond Yield Surge
Aug 20, 2026 05:07 am UTC| Economy
A surprise increase in U.S. Treasury buybacks helped cool a global surge in long-term bond yields on Thursday, offering markets temporary relief as concerns over inflation, government debt and fiscal deficits continued to...

Trump Eyes 15% Tariff on Canadian Auto Imports in New Trade Deal
Aug 19, 2026 21:55 pm UTC| Politics Economy
The Trump administration is reportedly considering cutting tariffs on Canadian automobile imports to 15% from 25% as part of a broader U.S.-Canada trade agreement. In exchange, Canada would remove retaliatory trade...