
IRNA: Iran rejects US peace talks proposal

Iran has rejected plans for a renewed round of peace talks with the United States, according to state media, casting doubt over diplomatic efforts to resolve escalating tensions in the Middle East. The development came hours after United States President Donald Trump said American negotiators would travel to Pakistan to resume discussions with Iranian counterparts following an inconclusive firs

Investors warned: Supply shock risks still under-priced

While talk of peace in the Middle East has provided a window of opportunity for bond issuers – with a long list of deals coming to market over the last week – fund managers worry about what happens if the current ceasefire doesn’t hold and gives way to prolonged attrition. Even if a deal ensues, there’s growing concern that market conditions simply won't return to business as usual overnight.

Iran closes Strait of Hormuz again due to US blockade

Iran has said it has closed the Strait of Hormuz again in response to the United States’ blockade of its ports, shortly after saying it had reopened the waterway. The strait will be closed unless the U.S. permits full freedom of navigation for ships going to and from Iran, Iran said. The U.S. blockade began last week after peace negotiations collapsed, though the countries’ two-week ceasefire o

Wall St gains amid temporary Hormuz reopening

United States equities posted gains on Friday (Saturday AEST) as investors cheered an apparent easing of geopolitical tensions in the Middle East amid Iran’s decision to reopen the Strait of Hormuz. The Dow Jones Industrial Average climbed 868.7 points or 1.8% to 49,447.4. The S&P 500 rose 84.8 points or 1.2%, to close at a record 7,126.1, marking its first finish above the 7,100 level. The

Carney: Canada's ties to US have become a weakness

Canadian Prime Minister Mark Carney said the country's ties to the United States have become a “weakness” that must be corrected. This comes as Canada’s auto, steel and lumber industries remain under threat due to U.S. President Donald Trump’s tariffs. "The U.S. has fundamentally changed its approach to trade, raising its tariffs to levels last seen during the Great Depression," Carney said
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