
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...

Gold Prices Rise as Weaker Dollar and U.S.-Iran Peace Hopes Boost Demand
May 07, 2026 04:14 am UTC| Economy
Gold prices moved higher during Asian trading on Thursday after recording their strongest daily gain since March, supported by a weaker U.S. dollar and easing concerns over inflation linked to Middle East tensions....

Oil Prices Rebound Slightly After Sharp Drop on Iran Deal Hopes
May 07, 2026 04:13 am UTC| Economy
Oil prices moved modestly higher during Asian trading on Thursday after suffering a steep decline of more than 7% in the previous session. Investors continued to monitor developments surrounding a possible U.S.-Iran...

Dollar Weakens as Iran Peace Hopes Boost Risk Appetite and Yen Gains Strength
May 07, 2026 04:12 am UTC| Economy
The U.S. dollar slipped on Wednesday as investors shifted away from safe-haven assets and moved toward riskier investments following renewed optimism over a possible peace agreement between Washington and Tehran. The...

Wall Street Futures Slip After Record Rally Fueled by Iran Peace Hopes and AMD Surge
May 07, 2026 04:10 am UTC| Economy
U.S. stock index futures edged lower on Wednesday evening after Wall Street closed at fresh record highs, driven by growing optimism over a possible peace agreement between the United States and Iran, alongside a powerful...