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Crude oil prices rise after latest US-Iran fighting, and US stocks slip

Crude oil prices rise after latest US-Iran fighting, and US stocks slip

Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn't very worried

Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility

Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility

Oil prices have gained and stock markets in Japan and South Korea have hit fresh record highs on enthusiasm over the artificial intelligence boom, as investors await a decision on the ceasefire extension of the Iran war

Asia stocks count on AI boom to offset Gulf risks

Asia stocks count on AI boom to offset Gulf risks

By Wayne Cole SYDNEY, June 1 (Reuters) - Asian share markets firmed on Monday as the boom in all things AI continued to drive demand, offsetting a lack of progress in Gulf peace talks that challenged optimism on a re-opening of the Strait of Hormuz and lifted oil prices.

Factories face soaring costs as Iran war causes supply shocks

Factories face soaring costs as Iran war causes supply shocks

By Jonathan Cable and Leika Kihara LONDON/TOKYO, June 1 (Reuters) - The economic shock from the Iran war hit European factories last month, suppressing demand for their goods and pushing up raw material costs at the fastest rate in four years, although their Asian peers saw activity expand due to

Morning Bid: Who needs oil when there's AI to buy?

Morning Bid: Who needs oil when there's AI to buy?

June 1 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It seems investors are concluding no news is good news when it comes to the Gulf peace talks.

Oil prices rise, but not by enough to drag Wall Street far off its records

Oil prices rise, but not by enough to drag Wall Street far off its records

Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks are hanging around their records

Dollar steadies as markets await signals on Iran war, central banks

Dollar steadies as markets await signals on Iran war, central banks

By Rocky Swift TOKYO, June 1 (Reuters) - The U.S. dollar held steady on Monday after a weekly loss as markets awaited the results of peace talks in the Middle East and signals on the timing of central bank rate hikes.

Morning Bid: AI and 1984

Morning Bid: AI and 1984

By Mike Dolan June 1 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A new month, but the same market obsessions.

Oil prices rise more than 2% as Israel steps up incursion into Lebanon

Oil prices rise more than 2% as Israel steps up incursion into Lebanon

By Colleen Howe BEIJING, June 1 (Reuters) - Oil prices rose more than 2% in early trading on Monday after Israel ordered troops to move further into Lebanon in the battle with the Iranian-backed Hezbollah militant group, despite a ceasefire announced more than six weeks ago.

US stocks open higher, adding to their records, as Dell soars

US stocks open higher, adding to their records, as Dell soars

Stocks are opening higher on Wall Street, adding to the all-time highs they set a day earlier

Wall Street inches higher while oil prices fall on optimism over talks of Iran ceasefire extension

Wall Street inches higher while oil prices fall on optimism over talks of Iran ceasefire extension

Oil prices are down and markets are inching higher before the opening bell, adding to records hit a day earlier on optimism over a tentative deal to extend the ceasefire in the war with Iran

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

Pentagon chief sounds 'alarm' over China's buildup, urges allies to boost defence spend

By Gregor Stuart Hunter, Rae Wee and Jun Yuan Yong SINGAPORE, May 30 (Reuters) - U.S.