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News
US escalates trade war with Canada by banning key imports
3+ day, 18+ hour ago (689+ words) NEW YORK — The trade war between the U.S. and Canada escalated again this week as the U.S. announced import bans on most alcoholic beverages from Canada, along with other products including whey, molasses and motorcycles. The U.S. had already imposed…...
Oil rises past $100 a barrel after the latest Middle East attacks
4+ day, 6+ hour ago (515+ words) NEW YORK — The price of oil surpassed $100 a barrel for the first time since July after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain. Brent crude, the international standard, jumped…...
Asian shares are mixed as Brent crude approaches $100 a barrel
4+ day, 11+ hour ago (437+ words) TOKYO — Asian shares were mixed in cautious trading early Wednesday as investors watched for what might happen on interest rates and the war with Iran pushed oil prices higher. Japan's benchmark Nikkei 225 was nearly unchanged at 65,249.95, and South Korea's Kospi…...
Japan protests as China slaps new measures against its exports of a key chipmaking material
5+ day, 6+ hour ago (263+ words) BANGKOK — Japan has protested against Chinese controls that will limit its exports of a key chemical used to make computer chips, saying Tuesday that Tokyo is studying the potential impact on Japanese companies. China imposed the curb on imports of…...
Oil prices rise and stocks slide as Middle East violence flares, adding to uncertainty
1+ week, 5+ day ago (552+ words) BANGKOK — Oil prices jumped 2% and world shares skidded Tuesday as recurring violence in the Iran war after more than a month with no significant fighting heightened uncertainty over the future of the conflict. Shares in online fast-fashion retailer Shein fell…...
What we know about Trump's deal giving US access to vast oil reserves in Venezuela
2+ week, 23+ hour ago (1160+ words) WASHINGTON — Besides a social media post from President Donald Trump, the White House has said little about what he is calling "THE BIGGEST OIL DEAL IN WORLD HISTORY" in Venezuela. Trump said the agreement announced Friday night would give the…...
The US and Canada could pull back from an all-out trade war. It's not clear that they will
2+ week, 4+ day ago (753+ words) WASHINGTON — The U.S. and Canada have ramped up their trade war, hitting each other with steep new tit-for-tat tariffs. Despite the bravado coming from both sides of the border, though, analysts suspect the longtime allies will eventually strike a deal…...
Asian shares mostly rise as oil prices fall
2+ week, 4+ day ago (549+ words) TOKYO — Asian shares mostly rose in early Wednesday trading, as investors kept an eye on the ongoing talks over reopening the Strait of Hormuz, which remains largely shut down because of the war in Iran. The global interest in artificial…...
World shares mostly gain and oil prices slip as the US raises pressure on Iran
2+ week, 5+ day ago (650+ words) BANGKOK — Shares were mostly higher Tuesday in Europe and Asia after U.S. stocks drifted to a mixed finish ahead of potentially market-moving events later in the week. Oil prices fell back after U.S. Treasury Secretary Scott Bessent announced fresh sanctions…...
Wall Street drifts at the start of a week that could swing stocks and bonds
2+ week, 5+ day ago (708+ words) NEW YORK — U.S. stocks drifted to a mixed finish Monday as the countdown ticks toward potentially market-moving events coming later in the week. The areas of the bond market that the U.S. Treasury Department is trying to calm down, meanwhile,…...