Breaking 17:16 US-Israel strikes hit Iranian residential areas, killing 18 in Qom 16:40 Japanese finance minister warns of bold action as yen nears 160 16:20 Iran war boosts global demand for EVs, solar and heat pumps 16:00 Lagarde warns Iran war energy shocks could last years amid ECB rate hike debate 15:40 European stocks dip as Middle East war fuels ECB rate hike bets 15:20 Macquarie warns oil could hit $200 if Iran war lasts to June 14:50 Asia-Pacific governments roll out emergency measures amid energy crisis 13:00 Airlines raise fares and cut flights as jet fuel prices surge 12:10 Hezbollah launches 600 projectiles at Israel in 24 hours, a record doubled 12:00 Cuba seeks Vatican help to ease U.S. oil embargo 11:45 TSX futures fall as Trump extends Hormuz deadline amid market uncertainty 11:20 Tesla gains fade amid delivery worries despite Europe rebound 11:15 Mercosur and Canada edge closer to free-trade deal with April negotiations 11:00 TotalEnergies drops 2050 carbon neutrality goal over slow global transition 10:40 Musk plans 30% retail allocation for SpaceX IPO 10:20 Iran conflict triggers mass tourism cancellations in eastern Mediterranean 10:02 Iran claims one million fighters ready for U.S. ground invasion 09:20 Rapid7 uncovers Chinese 'dormant cells' in telecom networks 08:55 Nvidia shares drop amid TurboQuant fears and lawsuit pressure 07:50 Studies pinpoint Sun's magnetic engine deep below surface 07:30 UAE signals readiness to join multinational effort to reopen Strait of Hormuz 07:00 UN security council holds closed-door meeting on Iran at Moscow’s request

Elon Musk announces ambitious AI chip manufacturing project

American billionaire Elon Musk has unveiled plans for a groundbreaking project to manufacture electronic chips dedicated to artificial intelligence, robotics, and space-based data centers. The facility, named “Terafab,” will be located near Austin, Texas, with the goal of producing one terawatt of computing power per year—roughly......

China urged to cut forex reserves and reduce US Treasury holdings

A Chinese academic report is calling for Beijing to scale back its massive foreign exchange reserves, including its holdings of US Treasury bonds, arguing that the rising global role of the yuan could replace many functions traditionally supported by large dollar reserves. The report, published by the International Monetary Institute at Renmin......

Global energy crisis surpasses 1970s shocks amid Iran standoff

The world is facing an energy crisis more severe than the combined oil shocks of the 1970s, the International Energy Agency warned, as tensions between the United States and Iran escalate over control of the Strait of Hormuz. The warning comes as US President Donald Trump issued a 48-hour ultimatum threatening to destroy Iranian power plants......

Nvidia CEO criticizes AI layoffs as lack of vision

Nvidia chief executive Jensen Huang has criticized technology leaders who cut jobs in the name of artificial intelligence, arguing that such decisions reflect a lack of long-term thinking and creativity. Speaking to CNBC’s Jim Cramer during Nvidia’s annual GPU Technology Conference in San Jose, California, Huang said companies......

Helium shortage from Iran conflict disrupts global chip supply

A supply shock triggered by the conflict involving Iran is disrupting the global smartphone market, as a sharp reduction in helium supply threatens semiconductor production while a parallel shortage of memory chips continues to drive device prices higher and weaken shipment forecasts. The crisis intensified after damage to a major helium......

Brent oil hits highest level since 2022 amid Iran conflict

Oil prices have surged to their highest levels in nearly four years as the conflict involving Iran disrupts global energy supply, raising inflation risks and reviving concerns about stagflation. Brent crude closed at $112.19 per barrel on Friday, its highest level since July 2022. In the United States, the average price of regular gasoline......

China warns of ‘vicious cycle’ if Middle East conflict escalates

China has issued a strong warning against further escalation in the Middle East, cautioning that continued military action could trigger a “vicious cycle” of instability across the region. Speaking at a press briefing, Chinese Foreign Ministry spokesperson Lin Jian called on all parties involved in tensions affecting the strategically......

Gold extends sharp decline as rate cut hopes fade in March

Gold and silver continued to fall at the start of the trading week, extending a multiweek selloff driven by tight US monetary policy, a stronger dollar and renewed inflation concerns linked to rising energy prices amid the Iran conflict. Gold futures dropped sharply early in the session, adding to losses that have made March 2026 one of the......

Air Canada plane collides with vehicle at LaGuardia airport, traffic disrupted

An aircraft operated by Air Canada was involved in a collision with a ground vehicle at LaGuardia Airport in New York City late Sunday night, causing major disruptions to air traffic and raising concerns over airport safety procedures. According to local emergency services, the incident occurred at approximately 11:38 p.m. local time on March......

Thailand faces deadline to erspond to U.S. Section 301 trade investigation

Thailand has been given until April 15 to submit its response to a United States trade investigation under Section 301 of the Trade Act of 1974, according to the country’s commerce ministry. Officials warned that failure to provide a detailed explanation could expose Thai exports to additional tariffs. The investigation is part of a......

ICE agents to be deployed in U.S. airports amid TSA staffing shortages

The U.S. administration announced on Sunday that Immigration and Customs Enforcement (ICE) agents will be deployed in American airports starting Monday to assist with passenger security checks amid ongoing staffing shortages at the Transportation Security Administration (TSA). The announcement comes after President Donald Trump threatened......

Zelenskiy calls on allies to maintain pressure on Russia ahead of US talks

Ukrainian President Volodymyr Zelenskiy urged international partners on Sunday to continue applying sanctions pressure on Russia, ahead of a second day of discussions between Ukrainian and U.S. delegations aimed at exploring ways to end the four-year conflict. The war began after Russia launched a full-scale invasion of Ukraine. The talks,......

Iran threatens to fully close the Strait of Hormuz amid rising tensions with Washington

Iran has warned it could completely shut down the Strait of Hormuz if the United States follows through on threats to target Iranian energy infrastructure. According to an official statement broadcast on state media, Iran’s Khatam al-Anbiya joint command headquarters declared that any attack on the country’s power facilities would......

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