Breaking News

US halts shipment of Iraq’s oil dollars in bid to curb Iran-linked groups
A plane carrying nearly $500m in US banknotes was blocked by the US Treasury, according to The Wall Street Journal.

Canada’s TMX Group in Talks to Buy Cboe Australia, AFR Says
Toronto Stock Exchange owner TMX Group Ltd. has become the preferred bidder to purchase Cboe Global Markets Inc.’s Australian unit, the Australian Financial Review reported, a deal that would offer some certainty for the future of the country’s second-largest exchange operator.

Container Ship Comes Under Gunfire Near Hormuz, UK Navy Says
The UK Navy said a container ship was fired at near the Strait of Hormuz after it was approached by an Iranian gunboat, the latest incident following shootings over the weekend that ratcheted tensions higher in the vital waterway and kept maritime traffic at a near standstill.

Price rise contingency plans 'ready if needed'
The Manx treasury says plans are in place to protect essential services in the wake of the Iran war.

Oil prices dip as Trump extends Iran war ceasefire
The president also said the US will continue to blockade Iran's ports until peace talks progress.

Oil Shock Pushes Thailand to Rework Spending to Contain Deficit
Thailand is reshuffling state spending to cushion the impact of an oil shock while keeping its deficit target intact, highlighting the strain the Middle East conflict is placing on public finances.

ASMPT Soars to Record as Sales Forecast Beat on AI Demand
Chip gear maker ASMPT Ltd. shares jumped as much as 8.7% to a record as its second-quarter revenue beat expectations, driven by strong growth from its semiconductor business critical for AI.