Asian Chip Stocks Rebound After Roller Coaster Week
Asian chip stocks rebounded, capping a roller coaster week amid geopolitical volatility, concerns over inflation and worries over a bubble in artificial-intelligence-related stocks.
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Trump Cancels Iran Strikes, Says Peace Deal Could Be Signed in 'Coming Days'
The president said Iran's leadership and other parties were negotiating a deal to end the conflict but Tehran denies a "final conclusion."
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The Global Economy Is Threatened Again by Trade Imbalances
Deficits and surpluses will be on the agenda at next week's G-7 meeting in the French Alps.
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Big Stock Swings Herald the Return of Choppy Markets
AI jitters and mega IPOs are among the factors prompting violent index moves.
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Global Economy Could Slow to Half Its 2025 Pace if War Continues, Warns World Bank
Output could grow by just 1.3% under a scenario in which an extended blockage of the Strait of Hormuz helped trigger a sharp fall in equity prices and a steep rise in bond yields.
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USDA Projects Larger South American Crops
The Department of Agriculture lifted its projections for corn and soybeans coming out of South America this year, citing reports of favorable harvesting in the region.
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SEC Seeks to Scrap Best-Price Rule
The Securities and Exchange Commission said it wants to scrap a 2005 rule that calls for trading platforms to execute buy and sell orders at the best possible price.
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U.S. Jobless Claims Rose Last Week
The number of people who filed for unemployment benefits rose to 229,000 in the week through June 6, higher than reported a week earlier surpassing Wall Street's estimates.
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Iran's Crude Production Slumped in May Under U.S. Blockade
Iran's crude production slumped more than 18% last month as U.S. forces continue to block shipments to and from the country's ports, choking off exports and raising the risk that Tehran could soon run out of places to store its crude.
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ECB Becomes First Major Central Bank to Raise Rates Since Inflation Resurgence
The closure of the Strait of Hormuz and ensuing jump in energy prices has dramatically altered the paths for central banks around the world.
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Wholesale Prices Continued to Surge in May
The producer-price index rose by 1.1% last month, following an equal increase in April. Analysts polled by The Wall Street Journal were expecting a 0.7% increase.
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Turkey's Central Bank Holds Rates Amid Elevated Energy Prices
The bank held interest rates for a third-straight meeting, citing high energy prices due to the conflict in the Middle East and weak domestic demand.
(END) Dow Jones Newswires
June 12, 2026 01:00 ET (05:00 GMT)
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