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Wells Fargo beats profit on trading boom, loan growth
Published Wed, Jul 15, 2026 · 08:09 AMWELLS Fargo beat Wall Street estimates for quarterly profit, boosted by strong investment banking fees and as it doled out more loans after its...
OpenAI’s first device will be movable, screenless speaker built as AI companion
OPENAI’S much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart speaker designed to be a new type of home computer for the AI era,...
Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption
Published Wed, Jul 15, 2026 · 06:16 AMOIL prices climbed about 2 per cent to a one-month high on Tuesday (Jul 14) after the US reimposed a naval blockade on...
JPMorgan posts record profit on big gains from dealmaking, stock trading
Published Tue, Jul 14, 2026 · 10:58 PM[NEW YORK] JPMorgan Chase reported a record second-quarter profit on Tuesday (Jul 14), as a wave of big-ticket IPOs and dealmaking helped...
S&P 500 and Nasdaq open higher as CPI, bank earnings take focus
Published Tue, Jul 14, 2026 · 09:50 PM[NEW YORK] The S&P 500 and the Nasdaq opened higher on Tuesday (Jul 14) after softer-than-expected inflation data fuelled bets that the...
AI investment race could turn debt-fuelled boom to bust: BIS
Published Tue, Jul 14, 2026 · 09:32 PMTHE race to build infrastructure for artificial intelligence is on track to surpass previous technological booms that ended up in severe market...
Goldman’s profit jumps on trading surge, corporate deal spree
Dealmaking picked up pace and market volatility boosted equities business to a recordPublished Tue, Jul 14, 2026 · 08:48 PM[WASHINGTON] Goldman Sachs raked in higher profit in the second...
US dollar hovers near 13-month highs ahead of inflation data
Investors are pricing in a higher chance of global interest rates rising this yearPublished Tue, Jul 14, 2026 · 08:28 PM[LONDON] The US dollar remained in sight of 13-month...
Scepticism towards Trump’s 20% Hormuz fee even as markets react to renewed inflation fears
[SINGAPORE] Global markets mostly retreated on Tuesday (Jul 14) after the United States announced a naval blockade of Iranian ships in the Strait of Hormuz and proposed a highly...