Lionsgate’s Michael Jackson biopic ‘Michael’ earned $97 million in its North American debut and $217.4 million globally, setting a new record for music biopic openings and far exceeding industry expectations.
The Middle East conflict continues to drive up global fuel prices, triggering a surge in electric vehicle sales across Australia, Vietnam, Japan, South Korea, and beyond. Analysts say this could lead to a permanent acceleration in EV adoption in emerging markets.
US stock futures declined and Brent crude oil rose over 2% as US-Iran peace negotiations stalled.
India’s largest pharmaceutical company Sun Pharmaceutical announced the acquisition of US drugmaker Organon for $11.75 billion, one of the largest overseas acquisitions in Indian pharma history.
China’s National Bureau of Statistics reported that industrial enterprise profits rose 15.8% year-on-year in March, with strong growth in AI and semiconductor sectors as the key driver.
Major Asian stock indices hit record highs on Monday following Wall Street’s rally, with the Nikkei 225 and KOSPI both breaking records, though Iran tensions remain a key market focus.
Republican Senator Thom Tillis ends his hold on the Fed chair nominee, paving the way for Kevin Warsh’s confirmation vote as the Justice Department drops its criminal probe of Powell.
The USD/JPY exchange rate is approaching the 160 psychological level once again, driven by strong U.S. economic data and market expectations ahead of the upcoming Bank of Japan policy meeting.
International oil prices surged as peace negotiations between the United States and Iran hit a roadblock, raising concerns about potential supply disruptions in the Middle East.
US-Iran peace negotiations hit a wall as Iran’s foreign minister returns to Pakistan without a breakthrough, sending stock futures lower and oil prices higher.