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Australia stocks higher at close of trade; S&P/ASX 200 up 0.40%

Singapore Q1 GDP growth tops estimates at 6% on AI boom

Global stocks climbed to approach a record high as crude oil fell after officials signaled the US was nearing a deal with Iran to reopen the Strait of Hormuz and restore oil flows. The dollar weakened.

‘Very sharp downturn’ in enrolments risks hitting economic innovation and academic pipeline, lobby group says

Abu Dhabi National Oil Co. has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, apparently circumventing both the Iranian navy and US warships to reach energy-starved customers.

Australia’s requirement for liquefied natural gas producers to reserve a fifth of exports for local use is set to apply to all projects and existing contracts, intensifying pressure on them to secure more supply.

SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly at individual investors, about two months after a similar retail offering.

Here are the major earnings before the open Monday

While Russia has claimed its GDP expanded by about 13% between 2020 and 2024, Sweden's analysis of nighttime luminosity shows the economy actually shrank by 8% during that span.

Oil slides, stocks rise as markets bet on Hormuz breakthrough