Latest Business News
Trump Announces US Withdrawal from Iran in 2-3 Weeks
President Trump stated the US will leave Iran within 2-3 weeks, boosting global market optimism and signaling an offramp from the conflict. He is set to address the nation on Iran at 9PM ET Wednesday.
Asian stocks jumped on this news.
OpenAI Closes Record $122B Funding Round at $852B Valuation
OpenAI secured $122 billion in funding, achieving an $852 billion valuation to fund chips, data centers, and talent. Investors include hyperscalers like Amazon, Nvidia, and SoftBank.
This marks its largest round amid AI expansion.
Asian Stocks Surge on Iran War Optimism
Tokyo and Seoul markets opened higher following Trump's Iran withdrawal comments. US stocks climbed on hopes the war is nearing an end.
South Korea's exports continue surging despite risks.
Brent Oil Drops Below $100 on War End Hopes
Brent crude extended losses below $100 as markets anticipate Iran war resolution. Asian nations face energy pinch but optimism prevails.
UBS's Dominic Schnider discussed commodities outlook.
Japan's Tankan Survey Signals Higher Odds of BOJ Rate Hike
Breaking Tankan survey points to increased chances of Bank of Japan hike in April. This comes amid market rally and regional stability hopes.
Energy shock impacts Asia's data center boom.
Nvidia Invests $2B in Marvell, Deepens Partnership
Nvidia announced a $2 billion investment in Marvell to strengthen ties in chips. Chip stocks are in focus amid AI funding surge.
This bolsters semiconductor sector momentum.
MSCI Upgrades Greece to Developed Market Status
MSCI upgraded Greece's stock market from emerging to developed status, a milestone post-2013 debt crisis demotion. This reflects economic recovery progress.
Markets react positively amid global rally.
Nike Reports Sales Miss and China Reset Pressure
Nike's sales missed expectations with deepening China reset strategy. Sportswear peers face similar pressures.
Revenue decline anticipated amid market shifts.
China Vanke Posts Record $12.8B Loss in 2025
Developer China Vanke reported a record $12.8 billion loss for 2025. This highlights ongoing property sector struggles.
Global recession concerns linger.
Macron and Japan's Takaichi to Discuss Iran and Security
French President Macron meets Japan's Takaichi on Hormuz security and defense amid Iran war. Agenda includes raw materials and energy strategies.
UAE reportedly aiding US on Hormuz.
Energy Shock Hits Asia's Data Center Boom
Iran-related energy disruptions challenge Asia's rapid data center expansion. BloombergNEF notes differing energy security strategies.
Oil and commodities outlook discussed.