Breaking 10:57 Ted Turner, CNN founder and American media pioneer, dies at 87 10:34 US Navy fighter jet disables Iranian tanker defying American naval blockade in Gulf of Oman 10:30 Brazil’s Lula visits Washington in bid to ease trade tensions with Trump 10:17 North Korea declares itself not bound by nuclear non-proliferation treaty at UN conference 10:00 Interpol operation leads to nearly 270 arrests in global medicine trafficking crackdown 10:00 Three US states monitor residents who traveled on hantavirus cruise ship as Andes strain confirmed 09:30 United States condemns Polisario attack on Es-Smara 09:00 Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter 08:37 Australian firm claims 3,000-fold quantum speedup over classical computing on real-world problem 08:16 Chinese chipmakers rally around DeepSeek V4 as Washington tightens AI export controls 08:00 General Motors recalls more than 40,000 vehicles in the United States over brake fluid issue 07:55 Mercedes opens European orders for its all-electric C-Class sedan starting at 67,000 euros 07:21 AI agent leaks passwords after simple social engineering trick in live experiment 07:01 Scientists identify 1,700 unknown proteins hidden in the human dark proteome 16:15 US Airlines spend $1.8 billion more on fuel in March as prices surge 16:00 Global debt hits record near $353 trillion as investors diversify away from US treasuries 15:45 US tariff refund process running smoother than expected, says Kuehne + Nagel 15:15 US supreme court refuses to pause ruling in Apple-Epic Games dispute 13:15 Eli Lilly expands investment with $4.5 billion boost to Indiana manufacturing sites 13:02 Samsung crosses $1 trillion valuation on record earnings and AI chip rally 12:00 SpaceX IPO reshapes corporate control with unprecedented investor limits 11:45 AMD forecast sparks AI-driven rally in US chipmaker stocks

Economy



Gold holds near record as oil slips on US Iran talks hopes

Gold prices hovered near record highs as easing tensions between the United States and Iran reduced demand for safe-haven assets, while oil prices edged lower on expectations that renewed diplomacy could prevent a broader supply crisis. Spot gold traded around 4,850 dollars per ounce early Wednesday,......

Iran war accelerates global shift toward China-led energy future

The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from......

Oil shock splits forecasts as inflation outlook grows uncertain

Rising oil prices linked to tensions in the Strait of Hormuz are driving a sharp divide among leading economic forecasters over the outlook for global inflation. With crude holding above 100 dollars per barrel, Oxford Economics and Royal Bank of Canada present contrasting scenarios, underscoring uncertainty......

Cocoa prices plunge as global supply rebounds and demand weakens

Global cocoa futures have dropped sharply from their historic peak, falling about 74 percent from nearly 12,900 dollars per metric ton in December 2024 to around 3,365 dollars this week. The decline reflects a rapid shift in market conditions, driven by improved harvests and softer chocolate demand.......

Oil supply shock drives global shift as China boosts clean tech exports

The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s......

Airlines face lasting fuel pressure as Virgin Atlantic warns on costs

The global aviation sector is confronting sustained disruption as jet fuel prices surge and supply tightens, with Corneel Koster warning that elevated fuel costs are likely to persist. The crisis follows the closure of the Strait of Hormuz, which has cut off roughly one fifth of global oil flows. Six......

Rising pressure on G7 debt as global challenges mount

Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure......

Oil shock widens inflation gap between emerging and developed markets

The oil shock from six weeks of U.S.-Iran war drives consumer prices higher in advanced economies, while much of the developing world stays sheltered, widening inflation divergence and reshaping global bond outlooks. Heading into 2026, emerging market inflation stabilized near central bank targets, backed......

China's Q1 GDP growth forecast to rebound to 4.8% despite Iran war risks

China's economy gained momentum in the first quarter of 2026, but economists warn the ongoing Iran war could drag growth for the rest of the year as energy costs rise and global demand weakens. A Reuters poll of 50 economists published Monday projects gross domestic product expanded 4.8 percent year-on-year......

Gold falls as Trump Hormuz blockade lifts oil and dollar

Gold prices dropped in early Asian trading after Donald Trump ordered a naval blockade of the Strait of Hormuz, triggering a surge in oil prices and strengthening the US dollar. The decline followed Trump’s announcement that the US Navy would immediately block vessels entering or leaving the strategic......

Hormuz crisis boosts China clean energy exports as oil flows disrupted

The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......

Oil prices surge while gold falls after announcement of Iranian port blockade

Global commodity markets reacted sharply after the United States announced a blockade targeting Iranian ports, triggering a surge in oil prices and a decline in gold. Crude oil benchmarks rose significantly, with prices climbing above the symbolic $100-per-barrel threshold. The increase reflects growing......

Trump warns China of steep tariffs over potential military support to Iran

U.S. President Donald Trump has warned that China could face heavy trade penalties if it provides military assistance to Iran amid the ongoing regional conflict. Speaking in a televised interview, Trump stated that Washington could impose tariffs of up to 50% on Chinese goods if Beijing were found to......

  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.