
Oil Prices Recover Slightly as U.S. Crude Inventories Fall, But Iran Deal Caps Gains
Jun 17, 2026 01:25 am UTC| Economy
Oil prices moved modestly higher during Asian trading on Wednesday, recovering slightly from sharp losses in the previous session. However, crude prices remained near three-month lows as investors continued to assess the...

US Stock Futures Edge Higher Ahead of Key Federal Reserve Decision
Jun 17, 2026 01:23 am UTC| Economy
U.S. stock index futures traded slightly higher on Tuesday evening as investors turned their attention to the Federal Reserves highly anticipated interest rate decision and developments surrounding a potential U.S.-Iran...

Global Motor Oil and Auto Paint Shortages Persist Despite Potential U.S.-Iran Peace Deal
Jun 16, 2026 04:45 am UTC| Economy Politics
Auto repair shops and car dealerships in Japan and the United States continue to face shortages of motor oil, automotive paint, and other petroleum-based products as supply chain disruptions caused by the Middle East...

Asian Currencies Steady as BOJ Raises Rates and Markets Await Fed Decision
Jun 16, 2026 04:40 am UTC| Economy
Asian currencies and the U.S. dollar traded mostly unchanged on Tuesday as investors monitored developments surrounding a potential U.S.-Iran peace agreement and prepared for a busy week of central bank decisions. Market...

U.S.-Iran Peace Deal Extends Gulf Ceasefire, Reopens Strait of Hormuz
Jun 16, 2026 04:29 am UTC| Politics Economy
U.S. President Donald Trump announced that the United States and Iran have signed a preliminary agreement aimed at ending the ongoing Gulf conflict, marking a significant step toward easing tensions in the region. While...

Myanmar Economic Outlook Hit by Fuel Price Shock as World Bank Cuts Growth Forecast
Jun 16, 2026 04:21 am UTC| Economy
Myanmars economy is showing signs of stabilization, but a recent surge in global fuel prices has created fresh challenges for the conflict-ridden nation, prompting the World Bank to lower its economic growth forecast....

China Industrial Output Beats Forecasts as Domestic Demand Weakens
Jun 16, 2026 04:19 am UTC| Economy
Chinas industrial production expanded slightly more than expected in May, highlighting the resilience of the countrys manufacturing sector despite mounting economic challenges. According to official data released on...