Market News

Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company

ICICI Bank Ltd is in talks to raise at least $500 million in offshore bonds as it seeks to capitalise on a recent Reserve Bank of India concession for overseas borrowings

Added time, added drama: Why more goals are coming later than ever Reuters

Chinese independent refiners snap up discounted Mideast oil as supplies rise Reuters

A weekend like no other: Khamenei's funeral, America's birthday and Taylor's wedding bash Reuters

CMA CGM ship hit by missile in Hormuz strait may go for scrapping, CEO says Reuters

Though its founding ideals are threatened, the US has the capacity for renewal