Scram News

Tag

#United States

Commodities

Hormuz attacks resume, threatening oil's post-truce unwind

Hormuz attacks resumed after Iran reportedly fired at least two missiles at commercial ships, forcing traders to reprice crude and shipping risk.

By Reza Najjar
Commodities

Canada oil pipeline to Asia redraws crude export map

Canada oil pipeline to Asia would carry 1 million barrels a day, betting Pacific access can cut reliance on the U.S. crude market.

By Reza Najjar
Stocks

Sungrow plunges 20% on report of possible US ban

Sungrow plunged as much as 20% after Reuters reported the US was drafting an inverter import ban, putting its overseas profit at risk.

By Avery Lin
Commodities

Oil prices rise 1.3% after tanker hit revives Hormuz risk

Oil prices rose after a tanker strike and fresh U.S.-Iran attacks pushed WTI above $70, putting Hormuz shipping risk back into crude trading.

By Reza Najjar
Commodities

U.S.-Iran talks on Hormuz resume after halt in strikes

U.S.-Iran talks on Hormuz are set for Tuesday after both sides agreed to halt strikes again, but traders still need a calmer shipping lane.

By Reza Najjar
Regulation

China trade curbs hit 56 U.S. firms after Pentagon blacklist

China trade curbs on 56 U.S. firms widen retaliation over the Pentagon blacklist, raising pressure on procurement and supply chains.

By Tomás Iglesias
Commodities

Hormuz tanker traffic jumps, but shipping stays below prewar

Hormuz tanker traffic jumped to 20 vessels on Thursday, but toll uncertainty, naval clearance work and low ship counts still cloud a full reset.

By Reza Najjar
Economy

Trump says US better off without USMCA before July review

Trump's USMCA threat before the July 1 review revives trade risk for North American manufacturers and puts a settled pact back in play.

By Helena Brandt
Banking

Wells Fargo 3D home mortgages get 50-bp credit with Icon

Wells Fargo 3D home mortgages will carry a 50-basis-point buyer credit as the bank backs Icon's printed-home model and financing push.

By Naomi Voss
Deals

Webster (WBS) holders back Santander takeover as closing nears

Webster shareholders approved Banco Santander's $12 billion takeover, clearing a major hurdle for one of 2026's biggest cross-border US bank deals.

By Naomi Voss
Regulation

Singapore insider trading suspect denied bail in US case

Singapore insider trading suspect Zhi Ge was denied bail as he fights US extradition over alleged trades from 2017 to 2024.

By Tomás Iglesias
Stocks

Huawei chip plan targets US semiconductor lead by 2031

Huawei chip plan aims for 1.4-nm-class density by 2031, keeping pressure on TSMC, SMIC and US export controls in the chip race.

By Avery Lin
Commodities

Oil market 'tank bottoms' in Asia signal Europe is next

Oil market shortages are spreading from Asia to Europe as inventories thin and jet-fuel users feel the squeeze before futures do.

By Reza Najjar
Economy

Bank of Israel cuts rate to 3.75% as US-Iran talks advance

Bank of Israel lowered its benchmark rate to 3.75 per cent as inflation eased, the shekel strengthened and US-Iran ceasefire talks reduced pressure on the economy.

By Helena Brandt
Commodities

U.S.-Iran ceasefire extension nears as Hormuz may reopen

U.S.-Iran ceasefire extension talks point to a 60-day deal and phased Hormuz reopening, giving oil and tanker markets a new de-escalation signal.

By Reza Najjar
Regulation

Polymarket seeks Japan approval in global market push

Polymarket's Japan approval push adds a new regulatory test for prediction markets as U.S. officials debate rulemaking and trading-integrity risks.

By Tomás Iglesias
Analysis

Nvidia concedes China AI chip market to $12B rival Huawei

Nvidia's Jensen Huang says the company has 'largely conceded' China's AI chip market to Huawei, marking a permanent reset of the AI silicon landscape.

By Sloane Carrington
Economy

Negative real rates are back as bond markets test central banks

Negative real rates are back as inflation tops policy settings, leaving the Fed and its peers with less room to calm bond markets already pushing yields higher.

By Helena Brandt
Markets

Trump's China summit drags Taiwan chip risk into the AI trade

Trump advisers' warning on Taiwan matters for markets because TSMC still anchors the advanced-chip capacity behind the AI trade despite US reshoring.

By Sloane Carrington
Markets

AI data-centre demand reprices power on PJM's wholesale market

PJM's first-quarter price spike suggests AI data-centre demand is moving from chip stocks into wholesale electricity, raising costs across the largest US grid.

By Sloane Carrington
Commodities

China and US use supply channels to contain Middle East oil shock

China's 3.6 million bpd import cut and a 3.5 million bpd U.S. export surge blunted the Gulf shock, easing pressure on oil, inflation and yields.

By Reza Najjar