Senators tell ByteDance to ‘immediately shut down’ Seedance AI video app

Lawmakers say the new version of the Seedance AI video-generation app violates copyright and intellectual property laws.
The U.S. dollar is back on top – for now

The U.S. dollar has enjoyed something of a reprieve in recent weeks, regaining its place as a safe haven in times of turmoil. Will it last?
European markets struggle for direction as oil prices fluctuate

European stocks are expected to open broadly flat on Tuesday as global markets keep a close eye on volatile oil prices.
Australia central bank hikes rates to a near 1-year high as Iran war raises inflation risks

The 25 basis points hike was in line with expectations from analysts polled by Reuters
Ant Group unit clears regulatory step for Bright Smart takeover, sending shares up 70%

Shares of Bright Smart Securities surged 58% after an Ant Group unit completed the required steps to acquire Hong Kong listed brokerage Bright Smart Securities.
Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping

Oil prices jumped over 2% on Tuesday as uncertainty lingered over a U.S.-led coalition to protect shipping through the Strait of Hormuz.
UAE temporarily closes airspace as Middle East war forces wider flight disruptions

The UAE’s General Civil Aviation Authority said it had temporarily closed the country’s airspace as a precautionary step.
Asia-Pacific markets open higher after oil declines sent Wall Street higher overnight

International benchmark Brent crude futures lost 2.84% to end at $100.21 per barrel, while U.S. West Texas Intermediate futures dropped 5.28% to $93.50 on Monday.
Trump says he thinks he will have the ‘honor’ of ‘taking Cuba’

The president recently launched a war in Iran after topping Venezuelan leader Nicolas Maduro by force.
Stock futures are little changed after major averages rebound on easing oil prices: Live updates

Each of the 11 S&P sectors closed higher in Monday’s regular session, led by gains in tech.