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Standard Chartered pivots to June ECB hike from no hike in 2026 outlook

Standard Chartered said it expects the European Central Bank to deliver a 25-basis-point rate hike in June, having previously projected no rate cuts through 2026, following hawkish remarks from policymakers.The British brokerage cautioned that its call was "not a done deal" and could change depending on upcoming economic data."We think a rate hike in June is now more likely than not, but we also see a realistic scenario where the next six weeks of data prompt a continued pause from the Governing Council," StanChart said in a note on Thursday.The ECB kept its key rates unchanged at 2.00% on Th

Japan signs first $2.2 billion loan under $550 billion US investment pledge

ECB policymakers make case for rate hike as inflation may linger

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Syria relies on Russia's oil despite pivot to the West

Russia has emerged as the main supplier of oil to Syria, Reuters reporting shows, despite the new government's alignment with the West and widespread distrust of Moscow over its military support for fallen leader Bashar al-Assad.Oil shipments from Russia have jumped 75% to about 60,000 barrels per day this year, the reporting found, based on Reuters calculations of official announcements and ship tracking data on LSEG, MarineTraffic and Shipnext.The volumes represent a tiny share of Russia’s daily global oil exports.But for Syria, where domestic production remains far below demand, the flow

Riot erupts over Australian Indigenous girl's suspected killer, authorities urge calm

Japanese yen jumps against dollar hours after intervention

Dubai chefs shrink menus as Iran war makes tomatillos, scallops harder to source

Dubai chef Shaw Lash at Mexican restaurant Lila Molino flies in her avocados and tomatillos, small, tart green fruits native to Central America that are a staple of Mexican cuisine and key for her colourful and spicy dishes.Now the two-month-old war in Iran is making such ingredients harder to source and more expensive, Lash and other chefs said, as the Gulf grapples with the closure of the Strait of Hormuz sea route and spiking jet fuel prices push up air freight costs. Lash has scaled back production, cut her payroll, and is buying ingredients in smaller quantities for now - measures she e

UK house prices rise in April despite Iran war headwinds, Nationwide says

Jokic still wants to be 'Nuggets forever,' but an early playoff exit leaves them searching for more

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Stabbing at Washington state high school wounds 6, including suspect, police say

A student at a Tacoma high school was booked on five counts of first-degree assault after four students and an adult security guard were wounded in a stabbing at the school Thursday, police said. The Tacoma Fire Department took five people to hospitals from Foss High School, with four of the patients in critical condition and one with minor injuries, said Chelsea Shepherd, a spokesperson for the department. A sixth person was in police custody and taken to a hospital with minor injuries, she said. All were in stable condition as of late afternoon. All

Prosecutors release new video showing moments before shooting at press dinner

Prosecutors filed new evidence Thursday including video showing the moments before the shooting at the White House Correspondents’ Dinner that President Donald Trump and administration officials attended at the Washington Hilton hotel in DC on Saturday night.The video shows the alleged attacker, Cole Tomas Allen, walk through a doorway in the hall leading to the security check point.One second later, an officer and his dog approach the door, which leads to a separate hallways with elevators.The officer stands at the doorway looking down the hallway with elevators for approximately 12 seconds

Knicks crush Hawks in record-setting 140-89 Game 6 rout to end Atlanta’s season

Louisiana congressional primaries are suspended as a result of the Supreme Court's ruling

How a speculative story about dead and missing scientists went from the fringe to the White House

In an April 15 press briefing, Fox’s Peter Doocy asked White House press secretary Karoline Leavitt an unexpected question. “There are now 10 American scientists who have either gone missing or died since mid-2024. They all reportedly had access to classified nuclear or aerospace material,” he said. “Is anybody investigating this to see if these things are connected?”Leavitt told Doocy she would look into it; the next day, Doocy asked President Donald Trump about it in person, and Trump said he had “just left a meeting” on the subject. On April 17, Leavitt announced that the Whit

Sports|US|World

Daniels, Robinson ejected after fight, part of one-sided series-clinching win for Knicks over Hawks

Atlanta's Dyson Daniels and New York's Mitchell Robinson were ejected from Game 6 of the Hawks-Knicks playoff series Thursday night after a fight that prompted offsetting technical fouls, part of a game in which New York would go on to win by 51 points. It was already decided when the scuffle took place. OG Anunoby extended the Knicks' lead to 50 points with a pair of free throws and 4:39 remaining in the first half. Robinson boxed out Daniels and things got heated, with an official even taking a tumble as many people tried to calm them down. The Hawks' Onyeka Oko

Trump names Nicole Saphier as Surgeon General pick, withdraws Means

US Senate bans its members, staff from betting in prediction markets

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High oil prices due to the Iran war weigh on everything from the gas pump to consumer goods

Pain at the pump. Higher postal prices. Flights canceled, costlier airplane tickets and baggage fees. Everyday items such as soap and toothpaste getting more expensive. Consumers are paying for the Iran war 's disruption of global energy production as the conflict enters its third month. Steeper gasoline, diesel and jet fuel prices are making driving and air travel more expensive. Many companies warn there's more to come: the cost of fuel and of materials derived from petroleum could drive up prices for food and for household items. Iran has closed

Political|World

Pivotal US-Iran war deadline approaches with no end in sight for conflict

U.S. President Donald Trump faces a deadline on Friday to end the Iran war or make the case to Congress for extending it, but the date is most likely to pass without altering the course of a conflict that has lapsed into a standoff over shipping routes.Ending the war appears highly unlikely. Instead, analysts and congressional aides said they expect Trump to notify Congress that he plans a 30-day extension or disregard the deadline, with his administration arguing that a current ceasefire with Tehran marked an end to the conflict.Like most policies in a bitterly divided Congress, war powers h

Trump administration says its war in Iran has been 'terminated' before 60-day deadline

LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy

Business|Food|Travel|World

Dumplings vs. machines: Inside China’s latest food fight

The making of dim sum — the bite-sized delicacies hailing from southern China — is all about craftsmanship.Take har gow, or shrimp dumplings, for example: finely chopped ingredients placed on translucent wheat starch wrappers, sealed with just the right amount of finger pressure to ensure they can hold up in the steamer but also don’t feel too starchy when eaten.There’s also siu mai (pork dumplings topped with crab roe) and cheung fun (steamed rice rolls dipped in sweet soy sauce), which are served delicately in small bamboo steamer baskets and shared among diners like Spanish tapas.Ma

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Knicks crush Hawks in record-setting 140-89 Game 6 rout to end Atlanta’s season

OG Anunoby scored 29 points in 27 minutes, Karl-Anthony Towns had his second triple-double of the series and the New York Knicks had their biggest playoff victory in franchise history, overwhelming and eliminating the Atlanta Hawks 140-89 in Game 6 on Thursday night. The Knicks broke several NBA records by halftime. Their 40-15 lead at the end of the first quarter marked the largest of the shot clock era. Their 47-point halftime lead was the biggest in playoff history. It was New York’s third straight win after falling to 1-2 in the series following back-to-bac