Walmart Warns: New U.S. Tariffs on China Could Cause Double-Digit Price Hikes for Toys and Electronics

Walmart has issued a warning that the latest round of U.S. tariffs on Chinese imports could drive up prices on a wide range of goods, including toys and electronics. Some products may see double-digit price…

Oil Prices Tumble Over 3% as US-Iran Nuclear Deal Nears; Energy Stocks Under Pressure

Tensions ease as the U.S. and Iran edge closer to a nuclear deal, sending shockwaves through global markets. On May 15, 2025, international crude oil prices tumbled more than 3% in a single session, with…

Gold Price Falls Below $3,213 an Ounce in Biggest Six-Month Drop as Strong Dollar and Economic Data Weaken Safe-Haven Demand

Under pressure from a stronger U.S. dollar and better-than-expected economic data, gold prices have continued to decline recently, falling below $3,213 per ounce and marking the largest weekly drop in six months. As risk-off sentiment…

Japan’s GDP Shrinks Unexpectedly, Yen Slides Near 145 as BOJ Stays Dovish and Safe-Haven Demand Grows

Japan’s economy unexpectedly contracted by 0.7% in the first quarter, raising concerns about the country’s growth outlook. Meanwhile, the Bank of Japan continues to stick with its dovish monetary policy, in contrast to more aggressive…

OPEC Cuts Non-OPEC+ Oil Output Forecast as U.S. Shale Struggles — All Eyes on Gas Prices Ahead of Summer Driving Season

Global oil markets are entering a new phase of uncertainty. In its latest report, OPEC revised down its 2025 oil supply growth forecast for non-OPEC+ producers, citing mounting pressure from low oil prices and tighter…