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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.

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

Wall Street poised to open with gains, oil jumps again after the US and Iran trade strikes

Wall Street poised to open with gains, oil jumps again after the US and Iran trade strikes

Wall Street is poised to open with gains and oil prices jumped again as tensions between the U.S. and Iran escalated

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

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.

Analysis-The great Indo-Pacific hedge - deeper defence ties as US doubts grow and China ascends

Analysis-The great Indo-Pacific hedge - deeper defence ties as US doubts grow and China ascends

By Raju Gopalakrishnan and Greg Torode SINGAPORE, May 31 (Reuters) - Caught between China's rapid military rise and growing doubts about the U.S. focus on a region it has long dominated, Indo-Pacific nations are racing to arm themselves, and each other.

Asia-Pacific Markets React to U.S.-Iran Negotiation Stalemate

Asia-Pacific Markets React to U.S.-Iran Negotiation Stalemate

Asia-Pacific markets opened mixed as investors reacted to ongoing uncertainty surrounding U.S.-Iran negotiations. President Trump stated he is in 'no hurry' to finalize an agreement to end the conflict, emphasizing the need for a deal that prevents Iran from acquiring nuclear weapons. Despite preferring a swift resolution, Trump warned that military action could resume if talks collapse. The Nikkei 225 and Kospi saw gains, while the Hang Seng index futures declined. The U.S. stock market closed at record highs last Friday, driven by technology stocks, while crude prices slipped.

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.

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

U.S.-Iran Ceasefire Talks Lead to Oil Price Decline Amid Market Uncertainty

U.S.-Iran Ceasefire Talks Lead to Oil Price Decline Amid Market Uncertainty

U.S.-Iran Ceasefire Talks Lead to Oil Price Decline Amid Market Uncertainty

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 says U.S. ready to restart strikes on Iran if no deal

Pentagon chief says U.S. ready to restart strikes on Iran if no deal

SINGAPORE, May 30 (Reuters) - The U.S. is ready to restart attacks on Iran if a deal cannot be reached, Defense Secretary Pete Hegseth said on Saturday, as negotiators from Washington and Tehran worked to bridge major differences blocking an agreement.