Iran Proposes New Plan to End Hormuz Strait Blockade as Oil Prices Surge
Iran presents a new proposal to the US aimed at easing the standoff over the Strait of Hormuz, while postponing nuclear talks, sending international oil prices higher.
Finance
U.S.-Iran Talks Stall as Oil Surges, Stock Rally Falters
Stalled U.S.-Iran peace talks send oil above $97 per barrel, stalling the Wall Street rally on Monday as investors brace for the Federal Reserve’s policy meeting this week.
Fed Expected to Hold Rates Steady as Powell-Warsh Transition Looms
The Federal Reserve is widely expected to hold rates steady at its April meeting as Iran-related risks drive inflation concerns and the potential Powell-to-Warsh transition adds uncertainty.
Anta Sports: From Small Workshop to Global Sportswear Giant Challenging Nike and Adidas
Chinese sportswear giant Anta has grown from a small workshop in Jinjiang, Fujian, into a global brand empire challenging Nike and Adidas through strategic acquisitions and international expansion.
Nikkei 225 Closes Above 60,000 for the First Time, Setting Historic Record
Japan’s Nikkei 225 index closed above 60,000 points for the first time on Monday, marking a historic milestone for Japanese capital markets.
Michael Jackson Biopic 'Michael' Shatters Box Office Record with $217M Global Opening
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.
Iran War Sparks Global Energy Panic as Electric Vehicle Demand Surges Worldwide
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.
Stock Futures Fall, Oil Surges as Iran Peace Talks Stall
US stock futures declined and Brent crude oil rose over 2% as US-Iran peace negotiations stalled.
India's Sun Pharma to Acquire US Firm Organon in $11.75 Billion Deal
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 Industrial Profits Surge 15.8% in March, Driven by AI and Chip Boom
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.