Iran

Global hedge funds suffer worst losses since ‘liberation day’ on Iran war turmoil
World

Global hedge funds suffer worst losses since ‘liberation day’ on Iran war turmoil

A monitor displays stock market information on the floor of the New York Stock Exchange on April 4, 2025. Michael Nagle | Bloomberg | Getty Images Hedge funds are getting battered by the fallout from the escalating conflict with Iran, as a sharp spike in oil prices and a broad market selloff unravel crowded trades. […]

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Iran launches retaliatory strikes on Israel and U.S. assets after security chief Larijani is killed
World

Iran launches retaliatory strikes on Israel and U.S. assets after security chief Larijani is killed

A smoke plume rise from an ongoing fire near Dubai International Airport in Dubai on March 16, 2026. – | Afp | Getty Images Iran intensified attacks against U.S. assets in the Middle East and Israel on Wednesday in apparent retaliation against the killing of the country’s security chief Ali Larijani overnight, as the weeks-long […]

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CNBC Daily Open: Trump goes alone in the Iran war — as allies spurn requests to join
World

CNBC Daily Open: Trump goes alone in the Iran war — as allies spurn requests to join

U.S. President Donald Trump boards Air Force One on March 11, 2026 at Joint Base Andrews, Maryland. President Trump is traveling to Ohio and Kentucky today to highlight two local businesses. Andrew Harnik | Getty Images News | Getty Images Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of […]

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South Korea’s Kospi leads gains in Asia as investors assess Japan trade data, await Fed rate verdict
World

South Korea’s Kospi leads gains in Asia as investors assess Japan trade data, await Fed rate verdict

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images South Korea’s Kospi led gains in Asia markets on Wednesday as investors assess Japan trade data and await U.S. Federal Reserve’s interest rate decision. Markets expect the Fed to keep interest rates steady between 3.5% and […]

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The charts are showing stocks are close to breaking out of their ultra-tight range
World

The charts are showing stocks are close to breaking out of their ultra-tight range

If I told you 176 calendar days ago, just after Labor Day, that the U.S. would capture the leader of Venezuela, seize a few million barrels of oil, the Middle East would erupt into a war that eliminated much of Iran’s leadership, crude oil spikes above $120, and June rate cut is mostly off the table […]

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Trump slams NATO allies for not joining Iran war effort, says U.S. never needed their help
Politics

Trump slams NATO allies for not joining Iran war effort, says U.S. never needed their help

President Donald Trump on Tuesday slammed the U.S.’ NATO allies over their reluctance to get involved in the Iran war, before asserting that the U.S. does not need any help with its ongoing military operations. The alliance of 32 European and North American nations is “making a very foolish mistake,” Trump said in the Oval […]

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U.S. counterterrorism director Joe Kent resigns over war: ‘Iran posed no imminent threat’
World

U.S. counterterrorism director Joe Kent resigns over war: ‘Iran posed no imminent threat’

Joe Kent, director of the National Counterterrorism Center, testifies during the House Homeland Security Committee hearing titled “Worldwide Threats to the Homeland,” in Cannon building on Wednesday, December 11, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images National Counterterrorism Center Director Joe Kent on Tuesday announced he will resign in response to the […]

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UAE reopens airspace after brief shutdown as Iran attacks keep region on edge
World

UAE reopens airspace after brief shutdown as Iran attacks keep region on edge

The United Arab Emirates reopened its airspace on Tuesday after a brief shutdown, as Iran continued missile and drone attacks in a conflict with the U.S. and Israel now in its third week. The UAE’s Defense Ministry said Monday that air defenses have intercepted more than 300 ballistic missiles and 1,600 drones so far. The […]

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The U.S. dollar is back on top – for now
World

The U.S. dollar is back on top – for now

The U.S. dollar has enjoyed a reprieve in recent weeks, strengthening against all major currencies and once again regaining its place as a safe-haven asset in times of market stress. But analysts warn it will likely be short-lived. During the first half of 2025, the dollar posted its worst performance in over 50 years after […]

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Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz
World

Iran targets UAE energy infrastructure as gas field set ablaze, tanker struck near Strait of Hormuz

Naval units from Iran and Russia carry out to simulation of rescue a hijacked vessel during the joint naval drills held at the Port of Bandar Abbas near the Strait of Hormuz in Hormozgan, Iran on February 19, 2026. Anadolu | Anadolu | Getty Images A fresh wave of attacks on the United Arab Emirates’ […]

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