Oil fell as the US intensified diplomatic efforts to contain the crisis in Gaza, with President Joe Biden due to visit Israel this week to spearhead his administration’s drive to prevent a regional conflagration.
Stocks in Asia rose on optimism that ongoing diplomatic efforts may help prevent the Israel-Hamas war from expanding into a wider conflict.
The Treasury market is serving up levels of volatility last seen during the pandemic-era turbulence of March 2020.
Cellist Yo-Yo Ma’s upcoming concert in Hong Kong is in such high demand that scalpers are charging more than $2,200 for a ticket, similar to the resale value of those for Taylor Swift’s Eras Tour.
Representative Jim Jordan closed in Monday night on the votes he needs to be the next US House speaker, but a band of Republican holdouts continues to threaten his bid.
Australia’s central bank considered raising interest rates this month before deciding the case to stand pat was “stronger,” while signaling it’s prepared to tighten further should inflation take too long to return to target.
China’s economic growth last quarter probably undershot Beijing’s annual target for 2023 as the property sector and subdued demand weighed on activity, a sign of the recovery’s fragility as the government reportedly mulls more stimulus.
Toyota Motor Corp. suspended operations at six domestic plants following a blast at a factory run by one of its component suppliers.
President Vladimir Putin has arrived in Beijing, according to Chinese state media, a rare trip abroad for the Russian leader who has an arrest warrant issued against him by the International Criminal Court for alleged war crimes in Ukraine.
The US and Israel agreed to come up with a plan to get badly needed humanitarian aid into the Gaza Strip without it falling into the hands of Hamas, Secretary of State Antony Blinken said after about nine hours of talks with Israeli officials.
