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The Latest Breaking News from IG

I used ChatGPT to celebrate International Joke Day — these 5 hilarious prompts had me crying with laughter

I figured the best way to celebrate International Joke Day is by prompting ChatGPT to show off its funnier side—this experiment ended up being a total riot.

Tom’s Guide

Shares in chipmakers underpinning AI boom rocket in first half of 2026

Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higher

The Guardian - UK

Oil edges lower amid resumption of strait shipments even as vessel hit near Oman

Oil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo vessel being struck near Oman, with Iran implicated, and earthquakes in Venezuela causing minor infrastructure damage, crude shipments through the vital waterway have increased. However, lingering geopolitical tensions…

The Economic Times

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Oil prices fall as tankers exit Strait of Hormuz

Oil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between the US, Israel, and Iran. This easing of supply concerns has pushed prices towards pre-war levels, surprising many analysts. Despite ongoing demining efforts, the flow of oil is expected to…

The Economic Times

Strong jobs figures clock on for future rate rise shift

More than 40,000 jobs have been added to Australia's economy to exceed expectations, but slowing growth could ease the Reserve Bank's inflation fears.

AAP

Pound swings higher after Prime Minister reveals plan to step down

Sterling was up 0.05% at 1.324 US dollars in morning trading, having been around 0.3% lower shortly before the PM’s speech.

Evening Standard

Oil rises after Iran shuts Hormuz again, Trump threatens new attacks

Oil prices surged Monday as shipping through the Strait of Hormuz slowed amid escalating tensions. Talks between U.S. and Iranian officials began on a rocky note, with Iran citing violations of a peace deal. Despite expectations of increased supply and potential sanctions relief, the market reacted to disruptions in a…

The Economic Times

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ICE planning to give away – or sell – 7 migrant centers it bought for $700M: report

Under ousted Homeland Security Secretary Kristi Noem, the immigration agency purchased 11 warehouses totaling $1 billion

The Independent UK

Oil prices drop further below 80 dollars a barrel as US-Iran peace deal signed

Pakistan’s prime minister Shehbaz Sharif said leaders of both the United States and Iran had signed the peace-deal agreement.

Evening Standard

RBA keeps rates on hold but leaves door open to hikes

Economists are split on whether the Reserve Bank's latest cash rate decision heralds the end of the hiking cycle or merely a pause before the next move upwards.

AAP

Oil prices hit three-month low and markets reach record high amid Iran deal breakthrough

Donald Trump posts ‘Let the oil flow’ as US-Iran peace deal sparks immediate drop for Brent crude

The Guardian - UK

Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement, brokered by Pakistan, includes ending a U.S. naval blockade and aims to restore oil flows, unwinding geopolitical risk premiums. Further negotiations on…

The Economic Times

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Market reacts to Iran peace deal hopes and rate concerns

Why are oil, gold and silver prices down today, and will Brent futures, US WTI crude and precious metals prices continue to drop or rise again? Oil, gold and silver prices moved lower after reports that the United States and Iran could reach a peace agreement. Brent futures and US…

The Economic Times

Asian stocks fall, oil gains as US strikes Iran

US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in tech stocks, rattled Asian equities and Wall Street futures. Investors remain cautious, anticipating potential inflationary pressures and higher interest rates despite a softer US inflation…

The Economic Times

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The Economic Times

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil edges higher as investors watch Iran-Israel developments

Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil prices moved slightly higher as traders assessed the latest developments between Iran and Israel. Although both countries announced a halt to attacks after calls from U.S. President Donald Trump,…

The Economic Times

Dollar hovers around two-month high as Iran-Israel truce hangs in balance

The US dollar is strong, nearing a two-month peak. Middle East tensions are fueling demand for the dollar. Traders are also betting on the US Federal Reserve increasing interest rates later this year. Upcoming US inflation data will be crucial for the Fed's decisions. This situation could boost the dollar…

The Economic Times

Tech stocks dive as Fed bets rattle AI rally

Asian markets are experiencing a significant downturn. High-flying semiconductor stocks are bearing the brunt of the selloff. This follows a sharp fall in U.S. markets after strong jobs data increased the likelihood of a rate hike. Investors are moving away from top-performing bets. Market participants suggest this is a healthy…

AAP

FED:Aussie shares dip as commodity prices drag miners lower

Miners and banks are weighing heavily on the ASX, as softer commodity prices and a lumbering economy dampen the outlook for earnings growth.

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AAP

Australian shares drop as metals prices weigh on miners

Investors have continued to rotate from miners into defensive stocks as reports of further attacks in the Middle East quash hopes of a US-Iran deal.

The Economic Times

Yen hits key 160 level for third session, dollar buoyed by Gulf woes

The Japanese yen is nearing a critical 160 per dollar level, prompting warnings of decisive action from Tokyo. Meanwhile, the U.S. dollar is strengthening due to safe-haven demand amid escalating Gulf tensions. Markets await U.S. jobs data, with the yen facing its fourth weekly decline despite signs of rising real…

The Economic Times

Oil little changed on uncertainty over US-Iran peace deal

Oil prices saw little change on Friday after a significant drop. Hopes for an early end to the U.S.-Israeli conflict with Iran have faded. This follows the Hezbollah militia rejecting a new ceasefire in Lebanon. Fighting in the Middle East has caused oil prices to rise this week. Global oil…

International Business Times UK

Why Barry Diller Is Willing To Spend $18 Billion On MGM Resorts — And It's Not Just About Casinos

Barry Diller's People Inc. proposes a £13.3B acquisition of MGM Resorts International, highlighting AI-proof assets and digital growth amid Las Vegas Strip challenges.

International Business Times UK

'The Chatbot Asked No Questions': Hackers Reportedly Talked Meta AI Into Surrendering High-Profile Instagram Accounts

Hackers exploited a flaw in Meta's AI support bot to hijack high-profile Instagram accounts by requesting email changes, sparking debate over AI's role in account security.

International Business Times UK

A Single Chatbot Request Was All It Took to Hijack the Obama White House Instagram Account [VIDEO]

Meta's AI-powered support chatbot was exploited, leading to breaches of high-profile Instagram accounts. The vulnerability has been fixed, but concerns over AI safety in managing security protocols persist.

The Economic Times

Oil steadies as uncertainty over US-Iran talks keeps markets on edge

Oil prices held steady Tuesday amid uncertainty surrounding U.S.-Iran ceasefire talks and the potential reopening of the Strait of Hormuz. Brent crude futures edged up, while WTI saw a slight dip. Market analysts emphasize that ongoing negotiations and Iran's threats regarding the Strait will dictate oil price volatility.

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