Financial News

President Donald Trump warned Sunday in an expletive-filled social media post that Iran would be “living in Hell” if they do not open the Strait

Investor sentiment quickly soured as Trump’s speech went on, with Asian markets and U.S. bonds dipping.

The oil industry’s grim outlook for global oil and gas supplies stands in contrast to the Trump administration’s promise that the disruption is short term.

Investors are grappling with sharp divergence across the Gulf’s markets, as the Iran conflict drives asset volatility in the region.

Trump’s threats to ramp up military presence may be to pressure Iran to negotiate but the battle may be harder than he calculated, say analysts.

“Operation Epic Fury continues unabated” to achieve President Donald Trump’s military objectives, White House press secretary Karoline Leavitt said.

Investors had grown weary that the massive run-up in spending on AI hardware might not be sustainable, stoking fears of a bubble building in the sector.

PM Takaichi’s Liberal Democratic Party is likely to win between 274-328 seats in the Lower House, higher than the 233 seats needed for a majority, NHK says.

Asia-Pacific markets were set for a mixed session as investors look toward China’s factory activity for January.

In his Truth Social post, Trump suggested that China would try to use Canada to try to avoid paying U.S. tariffs.