Business News

Most share markets slipped in Asia on ​Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to ‌price in more risk of higher U.S. interest rates.

TOKYO (Reuters) — Japan plans to set a target of about $2.3 trillion in combined public ​and private investment by 2040 across ‌17 strategic sectors as part of Prime Minister Sanae Takaichi’s new growth strategy, the Nikkei reported ​on Friday. The 370 trillion yen investment ​initiative, to …

President Donald Trump said he might have viewed artificial intelligence company Anthropic as a national security threat last ​week, but he no longer does, according to an ‌interview with “The Axios Show” published on Friday.

U.S. Federal Reserve Chairman Kevin Warsh put his stamp on the job fast this week at a debut policy meeting that produced a return to stripped-down, 1990s-style central banking, before this century’s crises put the Fed center-stage in economic management and turned its leader into a consoler-…

U.S. retail sales increased more than expected in May, with households boosting purchases of motor vehicles even as they paid more for gasoline, but a slowdown is ​likely as the cushion from larger tax refunds against higher prices diminishes.

SINGAPORE/MILAN (Reuters) — Crude prices fell on Wednesday on news that Iranian fuel may ​soon hit the world’s markets, bringing inflation relief and pushing bond yields lower, while stocks and currencies were quiet ahead of Kevin Warsh’s ‌debut as Federal Reserve chair.

LONDON (Reuters) — Global stocks edged higher on Tuesday after a rally the day before on news ​of a U.S.-Iran peace deal, while the dollar held firm against the yen after the Bank of Japan raised rates ‌to a 31-year high.

LONDON/SYDNEY (Reuters) — Share markets and bonds rallied hard on Monday and oil prices tumbled 5% as a framework peace deal between the United ​States and Iran promised to ease inflationary pressures globally and lessen the need for higher interest rates.

WASHINGTON (Reuters) — The U.S. Justice Department’s Antitrust Division said it has cleared Paramount ​Skydance Corp’s planned $110 billion acquisition of Warner Bros. Discovery, saying it was unlikely to harm competition or consumers.

(Reuters) — SpaceX shares jumped 19% in their Nasdaq debut on Friday, sending the company’s value past $2 trillion to make it the sixth-biggest U.S. company by value and turning Elon Musk into the world’s first trillionaire.