geopolitics

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply lower.

Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.

US president says any potential agreement with Tehran will be 'good and proper' as mediation efforts continue.

South Korea is launching its first single-stock leveraged ETFs, linked to chipmakers Samsung Electronics and SK Hynix, aiming to double daily stock movements. These products are expected to attract significant retail investor interest, potentially amplifying the market's already high volatility and

Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.

US stock futures rose as hopes for an Iran war deal boosted risk appetite, though oil prices and the dollar slipped. While President Trump indicated progress on a peace deal to reopen the Strait of Hormuz, uncertainty over its timeline tempered market enthusiasm. Analysts await confirmation of the w

Singapore’s economy expanded faster than expected in the first quarter as the global artificial-intelligence boom lifted the nation’s manufacturing and services, offsetting the drag from higher crude prices. Gross domestic product grew a seasonally adjusted 1 per cent in the three months through Mar

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Oil dropped as the US and Iran edged toward a deal, although President Donald Trump said that Washington’s blockade of the Strait of Hormuz would remain until an agreement was completed.

European natural gas dropped during early trading in Asia on optimism that the US and Iran are closing in on a deal that would reopen the Strait of Hormuz.