Hong Kong’s Victoria Harbour. Yaorusheng | Moment | Getty Images Asia-Pacific markets rose on Wednesday, with Japan and South Korea’s benchmark indices hitting new highs as investors assessed recent U.S. military action in Iran, the fragile state of the Washington-Tehran ceasefire and optimism that a deal could still be reached. Japan’s Nikkei 225 rose 1.49% to a…
Senator John Cornyn, a Republican from Texas (L) and Texas Attorney General Ken Paxton. Eddie Seal | Bloomberg | Getty Images Texas Attorney General Ken Paxton defeated incumbent Sen. John Cornyn in a Republican Senate runoff Tuesday, coming a week after President Donald Trump endorsed the challenger over the objections of Senate leadership. Paxton will…
US President Donald Trump gestures as he speaks to reporters after arriving on the South Lawn of the White House in Washington, DC, on May 15, 2026. Alex Wroblewski | AFP | Getty Images President Donald Trump on Tuesday said he and his Cabinet will no longer meet at Camp David on Wednesday, and will…
Interior Secretary Doug Burgum opened a new front Tuesday in the Trump administration’s public feud with the Vatican, dismissing Pope Leo XIV’s warning about artificial intelligence as the White House resists new guardrails on the rapidly evolving technology. “I didn’t know that tech editorializing was part of the role of being pope,” Burgum said in…
A demonstrator holds up a sign outside the Alabama Statehouse in Montgomery, May 7, 2026. Kim Chandler | AP A panel of federal judges on Monday blocked Alabama from using congressional district maps that would dilute the votes of Black people in the 2026 midterm elections. The ruling in U.S. District Court in Birmingham, Alabama,…
U.S. Vice President JD Vance holds a press conference to discuss “anti-fraud initiatives” in the Indian Treaty Room at the White House complex in Washington, D.C., U.S., May 13, 2026. Evelyn Hockstein | Reuters Democratic state attorneys general declined an invitation to Vice President JD Vance‘s anti-fraud initiatives roundtable at the White House on Tuesday,…
Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on May 15, 2026. Jung Yeon-je | Afp | Getty Images South Korea’s Kospi hit a fresh record Tuesday as trading resumed after a public holiday, with investor sentiment supported by hopes for a breakthrough in the…
Cracking towers stand beside access roads at the Ruwais refinery and petrochemical complex, operated by Abu Dhabi National Oil Co. (ADNOC), in Al Ruwais, United Arab Emirates. Bloomberg | Bloomberg | Getty Images Oil markets are nearing minimum operating levels in Asia, with Europe likely next and the U.S. potentially facing shortages by July, said…
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading. Source link
Crude oil prices fell more than 4% on Sunday after President Donald Trump indicated that talks with Iran to reopen the Strait of Hormuz are advancing, though he said the U.S. would not rush a deal. West Texas Intermediate futures fell about 5% to $91.65 per barrel by 7:13 p.m. ET. International benchmark Brent futures…
