Chan Ho-Him

Anthony Matesic, left, and James Denaro work on the floor at the New York Stock Exchange in New York, Thursday, March 19, 2026. (AP Photo/Seth Wenig)

Another climb for oil prices rattles stocks worldwide and erases hopes for a rate cut by the Fed

March 20, 2026 at 2:52 p.m.

Another rise for oil prices shook stock markets on Friday, as hopes withered on Wall Street for a possible cut to interest rates this year by the Federal Reserve because of...

Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, Wednesday, March 11, 2026. (AP Photo/Altaf Qadri)

About 90 ships cross the Strait of Hormuz as Iran exports millions of barrels of oil despite the war

March 18, 2026 at 8:39 a.m.

About 90 ships including oil tankers have crossed the Strait of Hormuz since the outset of the war with Iran and it is still exporting millions of barrels of oil...

A currency trader talks on the phone near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, March 6, 2026. (AP Photo/Ahn Young-joon)

Wall Street heads for losses again as Iran war enters 7th day, sending oil prices up another 6%

March 6, 2026 at 8:45 a.m.

Wall Street was on track to open lower again Friday as oil prices continued to climb, hitting the highest level in nearly two years less than a week since the...

Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Feb. 6, 2026. (AP Photo/Ahn Young-joon)

Tech shares, bitcoin stabilize after a week of severe declines

February 6, 2026 at 8:02 a.m.

Wall Street was poised to open with gains early Friday as the technology sector clawed back a small portion of this week’s losses and bitcoin’s slide appeared to stabilize.

Aerial view of a container terminal in Nanjing in eastern China’s Jiangsu province, Wednesday, Jan. 14, 2026. (Chinatopix Via AP)

China’s trade surplus surges 20% to a record $1.2 trillion, even with Trump’s tariffs

January 14, 2026 at 8:47 a.m.

China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the U.S....

Firefighters work to extinguish a fire which broke out Wednesday at Wang Fuk Court, a residential estate in the Tai Po district of Hong Kong’s New Territories, Thursday, Nov. 27, 2025. (AP Photo/Chan Long Hei)

At least 83 dead as Hong Kong firefighters battle burning towers for a second day

November 27, 2025 at 12:23 p.m.

Firefighters battled a blaze at a high-rise apartment complex in Hong Kong for the second day on Thursday, as the death toll rose.

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