Lead program now in Phase 1 development Lead program now in Phase 1 development

The yen is heading into the end of the week having surrendered nearly half of its intervention-driven gains, fueling speculation among traders that authorities may step into the market again.

Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they’re allowed to use it, according to local media reports on a proposed Iran-Oman deal. Bloomberg's Michael Heath reports. (Source: Bloomberg)

US Stocks open mixed as SanDisk's forecast miss reignites storage chip selloff fears and Asian tech tumbles for a second straight day, even as Dow futures push higher on Hormuz deal optimism and gold surges 5% to a fresh record

Gulf shipping traffic down after Houthis say they attacked Saudi tanker Reuters

Rheinmetall AG is turning to its own frigate and several smaller boats to fill up its underused shipyards after losing a German naval contract worth several billion euros.

European shares scale record peak on earnings, US-Iran optimism Reuters

Major Gulf bourses tread water amid Iran-Oman talks, Saudi attacks Reuters

The art is to say enough, and no more

The yuan and local currencies stand to benefit