U.S. shares ended Tuesday in negative territory as investors, cut off from official economic data due to the ongoing government shutdown, looked to alternative indicators and comments from Federal Reserve officials for guidance on economic weakness and monetary policy.
A consumer expectations survey from the New York Federal Reserve showed worsening future expectations and rising inflation projections, drawing heightened attention amid the government’s seventh day of closure.
Economically sensitive sectors, including homebuilding, real estate, airlines, and transport, underperformed the broader market.
Federal Reserve Governor Stephen Miran emphasised the need for continued rate cuts while warning of the risks of keeping policy too restrictive.
The S&P 500 fell 25.69 points, or 0.38%, to 6,714.59, the Nasdaq Composite lost 153.30 points, or 0.67%, to 22,788.36, and the Dow Jones Industrial Average dropped 91.99 points, or 0.20%, to 46,602.98.
Armenian Prime Minister Nikol Pashinyan has confirmed that fuel imports from Azerbaijan have resumed, saying the market is open to all businesses and ...
Iran’s Commander-in-Chief of Army, Major General Amir Hatami has warned against hostile rhetoric from U.S. and Israeli officials. “Iran considers ...
China has begun exporting a rapid blackout recovery technology designed to restore electricity in just 0.1 seconds, offering power grid protection to ...
Türkiye says it's prepared a self-sustaining international stabilisation force for Gaza and has already begun training, Defence Minister Yaşar Güle...
Turkish President Recep Tayyip Erdogan has dismissed reports that Nicolas Maduro, Venezuela’s toppled leader, was previously offered asylum in Türk...
Iran’s Commander-in-Chief of Army, Major General Amir Hatami has warned against hostile rhetoric from U.S. and Israeli officials. “Iran considers the intensification of the enemies' rhetoric against the Iranian nation as a threat and will not leave its continuation unanswered,” Hatami said.
China has begun exporting a rapid blackout recovery technology designed to restore electricity in just 0.1 seconds, offering power grid protection to 12 countries facing rising risks of outages and instability.
Turkish President Recep Tayyip Erdogan has dismissed reports that Nicolas Maduro, Venezuela’s toppled leader, was previously offered asylum in Türkiye. “We have not received any such news,” Erdogan was quoted as saying by local media after a Cabinet meeting held Wednesday in Ankara.
Armenia has confirmed the shipment of a second batch of petroleum products from Azerbaijan, underscoring expanding economic ties between the two countries following the recent peace process. Yerevan's Ministry of Economy’s spokesperson, Lilit Shaboyan, verified the information.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Snow and ice stalled travellers in northwest Europe on Wednesday, forcing around a thousand to spend the night in Amsterdam's Schiphol airport but delighting others who set out to explore a snow-blanketed Paris on sledges and skis.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
The U.S. dollar's share of global reserves fell to nearly 40% at the end of 2025, according to the International Monetary Fund (IMF), which says it's 10% lower than at the start of 2024. However, gold has risen and overtaken the dollar to be above 50% in global reserves according to the IMF data.
The U.S. dollar has strengthened against major peers on Tuesday, while the euro fell following slower-than-expected inflation in Europe. Market movements were relatively subdued as investors focused on upcoming U.S. economic data.
Wall Street closed higher on Tuesday, boosted by optimism over artificial intelligence (AI) and a strong rally in Moderna shares, with the Dow Jones Industrial Average approaching a record high.
India’s largest oil refiner, Indian Oil Corporation (IOC), has taken a significant step towards diversifying its crude oil supply by purchasing Colombian crude, from state oil company Ecopetrol, for the first time.
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