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The Latest Breaking News on Markets

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

The Guardian - UK

Potential U.S.-Iran Deal Could Reshape Global Oil Trade After Months Of War: Report

The conflict has disrupted global energy flows, pushed oil prices higher and renewed concerns about the security of one of the world's most important shipping routes.

International Business Times

Inflation eases to 4.2% but interest rate rise still on horizon, economists warn

Inflation dipped in the year to April as the government’s fuel excise relief kicked in, but price pressures remain and experts predict RBA may still raise cash rate

The Guardian - AU

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BP ousts chair citing governance and conduct issues

BP's sacked chairman Albert Manifold has ‌pushed back against what he ‌described as a "false narrative" surrounding ‌his removal from the British oil major.

AAP

Another surge for Micron, Wall Street's latest $1 trillion company, sends US stocks to records

The U.S. stock market rose to records as it caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

Wall Street rises to more records as US stocks catch up to the world's gains from the day before

The U.S. stock market rose to more all-time highs and caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

Wall Street rises toward records as US stocks catch up to the world's gains from the day before

The U.S. stock market is rising as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP

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Wall Street catches up to the gains made by other markets around the world the day before

AAP

Asian And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains Closed, Strategist Says

Oil markets in Asia and Europe are almost depleted as the Strait of Hormuz remains closed, according to a veteran strategist.

International Business Times

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the role

The Guardian - UK

ASX slips after US strikes Iran but insists deal intact

Financials, utilities and energy stocks have weighed on the local bourse after tensions flared in the Persian Gulf, prompting a tentative trading session.

AAP

Tehran expresses ‘resolute support’ for Hezbollah – as it happened

This blog is now closed

The Guardian - AU

Australian shares advance on US-Iran deal optimism

Oil prices have started the week sharply lower, boosting risk sentiment and local equities, led by miners, IT stocks and consumer discretionaries.

AAP

Wall Street rises as Middle East hopes lift sentiment

US stocks have closed higher as investors monitored developments in the Middle East and as Kevin Warsh took over as head of the Federal Reserve.

AAP

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Kiplinger

Dow Hits New High as Warsh Takes Fed Oath: Stock Market Today

President Donald Trump welcomed Fed Chair Kevin Warsh the same way President Ronald Reagan welcomed Fed Chair Alan Greenspan.

AAP

US stocks close out their 8th straight winning week

The U.S. stock market closed out its eighth straight winning week

Bangkok Post

Mixed messages on Iran keep investors guessing

RECAP: Asian stocks rose yesterday while the US dollar held near a six-week high ‌and oil prices rose, though conflicting messages on the Iran talks kept investors guessing and capped gains.

AAP

Wall Street keeps rising, even as U.S. households keep getting more discouraged

The U.S. stock market is rising toward the finish of an eighth straight winning week

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AAP

Wall Street rises toward another winning week, even as U.S. households feel more discouraged

The U.S. stock market is rising toward the finish of an eighth straight winning week

AAP

Wall Street rises as pressure eases from the bond market

The U.S. stock market is rising toward the finish of an eighth straight winning week

AAP

US stocks open higher and are headed for their 8th weekly gain in a row

The U.S. stock market is heading toward an eighth straight winning week, which would be its longest such streak since 2023

AAP

Wall Street up modestly in premarket trading, oil prices climb on uncertainty over the Iran war

Wall Street inched toward modest gains in premarket trading as bond yields steadied even though oil prices rose with no signs of progress in ending the Iran war

AAP

World shares track Wall Street gains and oil prices climb on uncertainty over the Iran war

World shares have advanced following modest gains on Wall Street

The Independent UK

Asian shares track Wall Street gains and oil prices climb on uncertainty over the Iran war

Asian shares have advanced following modest gains on Wall Street

AAP

Australian shares end volatile week on positive note

Late rebounds in banks and miners have helped the ASX edge higher despite looming worries about energy prices and global inflation.

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