Gold sinks deeper into bear market territory as sell-off extends
Gold extended its slide, deepening its grip in bear market territory as investors continued to unwind positions and a strong dollar sapped demand.
Oil rises with Brent crossing $100 a barrel again as Middle East tensions keep traders on edge
Trump’s statement sent oil lower, while equities jumped. Still, the recovery on Tuesday suggests lingering skepticism over Trump signaling a de-escalation.
India is launching cheap weight-loss drugs — but Novo Nordisk is betting its brands will stay on top
Indian generic drugmakers launch a price war against Novo Nordisk’s GLP-1 brands, Ozempic and WeGovy.
Iran attacks in Strait of Hormuz are ‘economic terrorism against every nation,’ UAE oil CEO says
Sultan Ahmed Al Jaber, CEO of the UAE’s state-owned oil company, said the Strait of Hormuz must re-open to resolve the supply shock.
South Korea stocks lead Asia rally as oil slump eases jitters on Iran de-escalation signals
Asia-Pacific markets rose after a sharp drop in oil prices eased investor concerns, following signs of de-escalation in the Middle East conflict.
Japan core inflation in February misses estimates, headline CPI eases for a fourth straight month
The consumer price index fell to 1.3% last month, its lowest level since March 2022 and below the central bank’s 2% target. It was down from 1.5% in January.
OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO
In a document that resembles an IPO prospectus, OpenAI highlighted the risk of its dependence on Microsoft and of supply disruptions at TSMC.
Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund
The withdrawals show that Apollo didn’t avoid the rush of investor redemptions plaguing rivals, driven by concern over private credit loans to software firms.
Stock futures are little changed after Monday’s relief rally; traders eye latest developments in Iran: Live updates
The major averages staged a relief rally on Monday after President Trump said that the U.S. and Iran have had “productive” talks.
Senate to take final vote Monday on Mullin’s DHS secretary appointment
President Donald Trump tapped Sen. Markwayne Mullin, R-Okla., earlier this month to replace embattled DHS Secretary Kristi Noem.