Gold steadies as traders assess US-Iran tensions, Fed rate path
Gold held near $4,145 as traders weighed US-Iran tensions and expectations the Fed will keep rates steady in October but raise them later.
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OpenAI’s annualised revenue US$20 billion less than previously signalled: Report
OpenAI's annualised revenue is about $20 billion lower than earlier reports, nearing $50 billion, not $70 billion, due to differing accounting methods, FT says.
Amex fined US$350 million for anti-money laundering lapses
US regulators fined American Express US$350 million for anti-money laundering failures, citing systemic breakdowns and US$13 billion in unreported suspicious activity.
How China and the EU can reach a middle course on trade
EU and China should negotiate a trade compromise: China curbs its surplus and opens markets, while the EU remains open, showing the US an alternative to protectionism.
Oil falls as Trump comments on Iran talks ease supply concerns
Oil fell as Trump ruled out attacking Iran before November elections, easing supply fears. Brent and WTI slipped, though shipping attacks and Hurricane Isaias still disrupted supplies.
Oil jumps 5%, then pares gains after Trump says no attack on Iran in October
Oil surged over 5% on Iran strike fears and Hurricane Isaias supply cuts, then pared gains after Trump ruled out an October attack on Iran.
S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh
US stocks slipped as surging crude oil and weak chip shares dragged the S&P 500 and Nasdaq lower; investors awaited earnings and Fed signals.
US stocks: S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh
US stocks fell as surging crude prices and a chip selloff weighed on the S&P 500 and Nasdaq; Dow edged up.
South Korea recalls ambassador from Ukraine amid N. Korea prisoners wrangle
South Korea recalls its ambassador to Ukraine over a dispute about transferred North Korean prisoners of war. Ukraine urges dialogue as fuel shipment allegations heighten tensions.
Following a deadly train crash, Indonesia steps up safety reforms as experts push for long-term improvements
Indonesia boosts rail safety after deadly Bekasi crash; experts urge nationwide reforms, better communication, signaling, training, and closing level crossings.
Malaysia PM Anwar’s 2027 budget spreads the goodies, but will it win over voters?
Malaysia PM Anwar's 2027 budget offers broad aid and tax cuts before a possible election, but economists doubt it will significantly sway voters; fiscal discipline and investment continue.
Singapore’s 2027 ASEAN chairmanship could advance sustainability, regional energy integration
Singapore’s 2027 ASEAN chairmanship will prioritize sustainability, green/digital pacts, and regional energy integration amid supply disruptions.