Shell tops profit estimates as Iran war boosts oil price, cuts share buybacks
Britain’s Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.
Asian Development Bank’s $70 billion energy and digital infra push puts Southeast Asia center stage
Southeast Asia to benefit significantly from Asian Development Bank’s $70 billion new energy and digital infrastructure plan in Asia and the Pacific by 2035.
CNBC Daily Open: Iran reviews ‘one-page peace plan’
Iran reviews the latest peace plan proposed by the U.S., as investors remain optimistic about the developements.
SoftBank shares surge over 18% as Japan tech-fueled rally lifts Nikkei 225 to record highs
The benchmark Nikkei 225 surged over 5% to a record high as Japan reopened after extended Golden Week holidays.
CNBC Daily Open: Peace on the horizon (again?)
The U.S. and Iran are close to a memorandum of understanding that would end the war and establish a framework for further negotiations, Axios reported.
Oil prices edge lower as U.S. waits for Iran response to deal proposal
Oil prices edged lower as investors continue to assess the latest developments in the Middle East.
Inside India newsletter: Social media is reshaping the world’s fastest-growing market for global brands
Social media influencers are urging consumers to read labels and pushing traditional companies to make healthier products or risk being replaced by newer entrants.
Japan’s Nikkei 225 tops 62,000 for the first time as Asia markets look past Trump’s Iran threats
Asia-Pacific markets jumped, shrugging off renewed tensions in the Middle East.
S&P 500 pulls back from record as investors eye oil prices and Iran deal developments: Live updates
The S&P 500 and Nasdaq Composite rallied yet again to new intraday and record closing highs on Wednesday.
Iran war threatens jet fuel shortage that could disrupt summer travel in Asia and Europe
Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some parts of the world.
