Business

Exchange operator ASX sinks most in more than a decade on tech-driven cost surge

Tuesday, May 26 by SRN News

May 26 (Reuters) - Australian stock exchange operator ASX warned on Tuesday of higher spending in 2027 to upgrade its technology and develop new products, sending its shares plunging more than 12% in their worst day since August 2012. ASX said its total expenses would... Read More.

Oil rises, stocks mixed as new US strikes dampen peace deal optimism

Monday, May 25 by SRN News

By Rae Wee SINGAPORE, May 26 (Reuters) - Oil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent U.S.-Iran peace deal was tempered by new U.S. strikes in the Middle East. Iran's top negotiator and its foreign minister were in Doha... Read More.

Dollar wobbles as markets cling to hopes for Middle East peace deal

Monday, May 25 by SRN News

By Ankur Banerjee SINGAPORE, May 26 (Reuters) - The dollar nursed losses on Tuesday on rising investor optimism of a deal being struck to reopen the crucial Strait of Hormuz and end the three-month-long Iran war, although fresh U.S. attacks on Iranian targets weighed on... Read More.

South Korean Starbucks boss apologizes for ad campaign that evoked massacre

Monday, May 25 by SRN News

SEOUL, South Korea (AP) - South Korean retail tycoon Chung Yong-jin on Tuesday issued his second apology in two weeks as Starbucks' local operation faces a backlash over a recent marketing campaign that was widely perceived as mocking victims of a bloody military crackdown... Read More.

Japan slips to third-largest creditor behind China despite record net external assets

Monday, May 25 by SRN News

By Makiko Yamazaki TOKYO, May 26 (Reuters) - Japan fell behind China to rank as the world's third-largest net creditor in 2025, marking a further decline in global rankings despite its net external assets hitting an all-time record, the Finance Ministry said on Tuesday. Net external... Read More.

India’s trade minister says visit by Canada’s Carney reset ties after 2023 killing of Sikh activist

Monday, May 25 by SRN News

OTTAWA, Ontario (AP) - Canadian Prime Minister Mark Carney's recent visit to India has helped pave the way for a complete reset of Canada-India relations, India's trade minister said Monday. The ties were strained under Carney's predecessor in the wake of the 2023 killing... Read More.

US crude futures fall over 6% on report of possible Strait of Hormuz reopening

Monday, May 25 by SRN News

May 26 (Reuters) - U.S. crude futures fell more than 6% in early Asian trade on Tuesday after Nikkei reported that the U.S. and Iran are discussing a plan to reopen the Strait of Hormuz about 30 days after the two countries reach a... Read More.

Ferrari bets on generational tech shift with Luce five-seat EV

Monday, May 25 by SRN News

By Giulio Piovaccari ROME, May 25 (Reuters) - Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and Lamborghini scale back their EV ambitions, citing weak demand. The four-door Luce, Italian for... Read More.

EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports

Monday, May 25 by SRN News

FRANKFURT/BRUSSELS, May 25 (Reuters) - The European Union is planning to fine Alphabet's Google a high triple-digit million euro amount as part of an antitrust investigation, Germany's Handelsblatt newspaper reported, citing commission sources. The decision is nearing completion and is expected to be officially announced... Read More.

Parts of Europe swelter in record May heat as deaths at amateur sports events spur warnings

Monday, May 25 by SRN News

PARIS (AP) - Europe is baking under unseasonal heat that is shattering temperature records, including in the United Kingdom on Monday, and prompting government warnings after deaths were reported at amateur sports events in France. The French sports minister, Marina Ferrari, posted condolences to the... Read More.

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Current Weather

Exchange operator ASX sinks most in more than a decade on tech-driven cost surge

Oil rises, stocks mixed as new US strikes dampen peace deal optimism

Dollar wobbles as markets cling to hopes for Middle East peace deal

South Korean Starbucks boss apologizes for ad campaign that evoked massacre

Japan slips to third-largest creditor behind China despite record net external assets

India’s trade minister says visit by Canada’s Carney reset ties after 2023 killing of Sikh activist

US crude futures fall over 6% on report of possible Strait of Hormuz reopening

Ferrari bets on generational tech shift with Luce five-seat EV

EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports

Parts of Europe swelter in record May heat as deaths at amateur sports events spur warnings

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