Latest World News
Trump Optimistic on Permanent US-Iran Ceasefire
US President Donald Trump stated a permanent ceasefire with Iran is 'looking very good,' with talks possibly resuming this weekend. Mediators focus on Iran's nuclear program, Strait of Hormuz reopening, and wartime damages. Gulf and European officials warn a full deal could take months.
Israel and Lebanon Begin 10-Day US-Brokered Ceasefire
Israel and Lebanon agreed to a 10-day ceasefire announced by President Trump, which appears to be holding early Friday. The truce could signal progress toward broader US-Iran-Israel ceasefire extension. Displaced Lebanese return amid destruction, with reports of continued Zionist shelling in southern areas.
Strait of Hormuz Blockade Fuels Global Energy Crisis
Iran's closure of the Strait of Hormuz worsens a global energy crisis, with IEA chief estimating up to two years for oil and gas recovery. France and UK lead dozens of countries' meeting Friday to reopen it, excluding US. Ships use spoofing and false identities to defy blockades.
TSMC Reports Strong Q1 Earnings Driven by AI Demand
TSMC shares fell despite robust first-quarter earnings and upbeat full-year sales guidance, highlighting strong AI demand. Japan chip supply shares slipped in response, but outlook remains positive. Investors await reduced reliance on hyperscalers.
Asian Stocks Fall Amid Iran Ceasefire Uncertainty
Asian markets declined as investors adopt wait-and-see approach on US-Iran ceasefire extension and Hormuz reopening. Chinese stocks outperform as Iran risks ebb; Tokyo, Seoul, Sydney opened lower. Singapore's non-oil exports rose fastest since Oct 2025.
Bank of Israel Governor Praises Market Resilience
Amid geopolitical shocks from Iran war, Bank of Israel governor notes markets remain remarkably resilient. Markets are normalizing post-Iran war shock, with positive views on Israel. Traders parse potential ceasefire developments.
Australia Secures BP Deal for Fuel Imports Amid War
Australia struck a deal with BP to underwrite fuel imports at inflated prices due to Iran war energy shock. Treasurer expects slower growth; Viva Energy’s Geelong refinery operates at reduced capacity after fire. Fifth such deal by government.
Netflix Earnings Miss, CEO Hastings Steps Down
Netflix reported earnings miss, leading to CEO Reed Hastings stepping down. This comes amid broader market volatility from Iran conflict. Investors monitor tech sector resilience.
Iran War Casualties Mount Across Region
Fighting killed at least 3,000 in Iran, 2,100 in Lebanon, 23 in Israel, over a dozen in Gulf states, and 13 US service members. US suffered hundreds injured, equipment losses, and base destructions. Palestinian deaths reported in Gaza strikes.
Global Food Shortage Fears if Hormuz Remains Closed
Experts warn prolonged Strait of Hormuz closure could trigger global food shortages. South Korean tanker safely exited Red Sea route with Saudi crude. Consumption drops amid soaring fuel prices and supply shocks.
Manycore Tech Surges on Hong Kong Debut
Manycore Tech debuted in Hong Kong at top of pricing range and surged, with co-founder discussing China's robotics rise. Goldman Sachs predicts Shanghai, Shenzhen property turnaround late 2026. Kewichow Moutai posts first revenue drop.