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Gold, Silver Prices Rebound 2% as Geopolitical Tensions Ease
Global gold and silver prices rebound up to 2% as diplomatic hopes ease inflation fears. Oil falls below $100, while global equities advance.
South Korea's ICT Exports Double to Record $43.5B on AI Chip Boom
South Korea's ICT exports surged 112% to a record $43.51B in March, driven by booming global AI semiconductor demand, data shows.
Seoul Stocks Surge Past 6,000 as US-Iran Deal Hopes Revive Markets
South Korea's KOSPI tops 6,000 for first time since March, fueled by renewed diplomatic hopes between the US and Iran, boosting tech and shipbuilding stocks.
Seoul Stocks Plunge as Failed Iran Talks Threaten Oil Supply Chain
South Korean stocks and won fall as failed peace talks fuel Middle East war fears, threatening global supply chains and oil prices.
West Asia Crisis Triggers Largest Energy Shock, Slowing Global Growth to 3.2%
S&P Global warns the West Asia conflict is causing the largest energy shock on record, slowing global economic growth to 3.2% in 2026.
Oil Prices Surge 1% as Strait of Hormuz Closure Fuels Ceasefire Doubts
Global crude oil prices rise as Iran closes Strait of Hormuz, casting doubt on US-Iran ceasefire. Brent nears $97. Shipping traffic plummets below 10%.
Seoul Stocks Surge on US-Iran Ceasefire Hopes, KOSPI Jumps 1.8%
Seoul's KOSPI rose sharply, tracking Wall Street gains as optimism grows over US-Iran ceasefire talks and Middle East diplomacy.
Record March Outflows Halve Global Gold ETF Inflows in Q1 2026
Global gold ETF inflows halved in Q1 2026 due to a record $12bn March outflow from North America, while Asian demand hit a record high.
Gold's Worst Monthly Plunge Since 2013: Prices Tumble 12% in March
World Gold Council reports a 12% gold price fall in March driven by ETF outflows, COMEX positioning, and central bank collateral moves.
World Bank Warns Middle East Conflicts Could Slash Global Growth, Fuel Inflation
World Bank President Ajay Banga warns prolonged Middle East conflict could cut global growth by 1%, spike inflation, and strain vulnerable economies.
Disney Plans 1,000 Job Cuts; Oracle, HSBC Also Eye Layoffs Amid AI Shift
Disney plans up to 1,000 layoffs, Oracle cuts thousands, and HSBC considers AI-driven job reductions. Get the latest on global corporate restructuring.
Seoul Stocks Drop as US-Iran Ceasefire Terms Fuel Market Jitters
South Korea's KOSPI fell amid US-Iran tensions over ceasefire terms, impacting Samsung, SK hynix. Oil refiners gained as crude prices rebounded.
US Court Accepts Adani Plea to Dismiss SEC's Bribery Case
A US court will hold a conference on Adani's motion to dismiss an SEC complaint alleging a bribery scheme for Indian solar contracts.
LG Energy Solution Posts Q1 Loss Amid Middle East Crisis, ESS Costs
LG Energy Solution swings to a Q1 operating loss, missing estimates, due to Middle East crisis costs and North American ESS facility investments.
Samsung's Q1 Profit Soars 755% on AI Memory Chip Boom
Samsung posts record Q1 profit of $38B, up 755%, driven by soaring AI memory chip prices and demand from tech giants like Nvidia.
Why Your Brain Loves Betting: The Ancient Hunt for Dopamine Rushes
Discover how the thrill of betting is linked to prehistoric survival instincts, dopamine rewards, and why near misses keep you coming back for more.
Anthropic Revenue Hits $30B, Secures Major Google-Broadcom TPU Deal
Anthropic's revenue surges past $30B run-rate. The AI firm signs a major new TPU capacity deal with Google and Broadcom to power its Claude models.
Samsung Smashes Records with $42B Q1 Profit on AI Chip Boom
Samsung Electronics posts record Q1 operating profit of 57.2 trillion won, far exceeding expectations, driven by strong demand for premium memory chips for AI.
Foxconn Hits Record Q1 Sales at $66.6B, Fueled by AI Server Boom
Foxconn reports record first-quarter sales of $66.62 billion, a 29.68% jump driven by strong AI server and cloud product shipments.
Oil Could Hit $140 If West Asia War Drags, Warns Kotak Analyst
Kotak Securities warns prolonged conflict could send Brent crude to $130-140, spike inflation, and pressure the rupee and global growth.
Essar's Mesabi Metallics Secures $150M for Minnesota Iron Ore Project
Essar-backed Mesabi Metallics secures $150M from Macquarie, advancing its $2.5B DR-grade iron ore project in Minnesota for a 2026 startup.
Oil Soars 3% Near 52-Week High as US-Iran Tensions Stoke Supply Fears
Brent and WTI crude oil prices climb near 52-week highs as US-Iran tensions over the Strait of Hormuz raise fears of major supply disruptions.
Trump's 100% Pharma Tariff Shakes Market, But Indian Generics May Be Safe
Trump announces 100% tariff on some drug imports. Jefferies report suggests Indian generic makers may be exempt, limiting impact on key exporters.
Samsung, Mistral AI Forge Chip Alliance Amid Global AI Race
Samsung Electronics and French AI startup Mistral AI meet to discuss collaboration on AI chip supply chains and semiconductor technology.
US Slaps 100% Tariff on Patented Drugs; India's Generics Get a Pass
US imposes 100% tariff on patented drug imports, exempting generics. Mixed impact for India's pharma sector as supply chains and future investments face pressure.