Recover

• Asian stock markets experienced cautious gains driven by a recovery in AI-related sectors and signs of de-escalation between Israel and Iran. • Market performance was mixed across the region, with Singapore’s Straits Times index rising 1.1% while Hong Kong’s Hang Seng index fell 0.2%. • The shift reflects investor optimism regarding geopolitical stability and the continued growth potential of artificial intelligence technologies.

• Asian stock markets experienced a cautious rise driven by a recovery in AI-related sectors and a perceived de-escalation of tensions between Israel and Iran. • The U.S. dollar weakened as risk sentiment improved following the halt of strikes between the two Middle Eastern nations. • Indian shares have underperformed compared to their regional peers due to investor anxiety regarding high oil prices and their impact on India's import-dependent economy.

• Asian technology stocks rebounded on Tuesday, following a recovery in U.S. chip shares that saw the Nasdaq Composite advance 0.86% and the S&P 500 gain 0.3% on Monday. • Key gains were seen in South Korean firms, with SK Hynix climbing 6.44%, Samsung Electronics rising 3.38%, and Seoul Semiconductor jumping over 12%. • The rally was driven by investors returning to artificial intelligence-linked stocks after a period of volatility in the semiconductor sector.

• Wall Street showed signs of stability as AI-related stocks recovered from previous losses, led by gains in computer chip and memory manufacturers. • Apple CEO Tim Cook introduced new AI features during the company's latest developers conference, emphasizing a strong focus on user privacy. • This recovery suggests a renewed investor confidence in the AI sector after a period of volatility and sell-offs.

• The S&P 500 and Nasdaq rebounded following their worst trading session of the year, though the Dow Jones Industrial Average continued to slip. • Gold prices remained stagnant as investor anxiety over potential interest rate changes offset the positive sentiment stemming from the end of strikes between Iran and Israel. • This market movement reflects a fragile recovery as investors balance geopolitical relief against ongoing economic uncertainty regarding monetary policy.

• Wall Street is seeing a partial recovery on Monday as AI stocks bounce back from the previous week's significant sell-off. • Oil prices remain elevated due to ongoing conflict between Israel and Iran, though they have retreated from their overnight peaks. • Global markets faced declines, with Japan's Nikkei 225 dropping 3.8% after the government revised Q1 annualized economic growth down to 1.8% from 2.1%.

• Wall Street stocks are recovering on Monday, with shares tied to the artificial intelligence boom bouncing back after steep losses on Friday. • Oil prices have retreated from overnight highs following a surge triggered by direct military strikes between Israel and Iran. • The volatility in the energy market reflects growing fears that the conflict between Israel and Iran could escalate into a full-scale regional war.

About 48 people rescued alive after vessel reportedly left Libya carrying about 60 passengersItalian rescuers have recovered 10 bodies after a migrant boat capsized in waters off Malta, a coastguard statement said on Sunday.The vessel, which had departed from Libya carrying about 60 people, overturned about 45 nautical miles east-south-east of Malta, the Italian coastguard said. Continue reading...

• Fitch Ratings reaffirmed Hungary's BBB sovereign credit rating but maintained a negative outlook due to weak economic growth and deteriorating public finances. • The agency cited fiscal uncertainty and a larger-than-expected decline in fiscal indicators leading up to the April parliamentary elections as primary concerns. • This rating is significant as it highlights the challenges the new government faces in restoring budgetary stability and managing unpredictable fiscal policies.

Two had been confirmed dead after tank containing ‘white liquor’ used in making paper pulp imploded last weekThe death toll from a chemical tank rupture in the US state of Washington climbed to 11 as crews recovered the bodies of all nine missing people, authorities said on Saturday.Two fatalities had been confirmed after the tank containing “white liquor” – a chemical solution of sodium hydroxide and sodium sulfide used in making paper pulp – imploded at a Nippon Dynawave Packaging facility on Tuesday. Continue reading...

• SK Hynix has joined the trillion-dollar market cap club driven by surging demand for AI chips, while AI startup Anthropic is approaching a $100 billion valuation. • Major tech firms are restructuring their workforces, with Meta cutting jobs to prioritize AI initiatives and Nvidia reporting a gap in specialized hiring. • Cryptocurrency markets are seeing a recovery, marked by notable gains for both Bitcoin and Ethereum.

Three more people remain missing and are presumed dead, after tank containing chemical mixture collapsedThe confirmed death toll in the chemical tank explosion at a Washington state paper mill rose to eight on Thursday after crews recovered the remains of six workers, officials said.Three more individuals remain missing and are presumed dead. Eight other people were injured, including a firefighter responding to the incident. Continue reading...

• The Indian stock market saw a recovery as the Nifty reclaimed the 23,800 level and the Rupee strengthened to move below 96. • Gains were driven by the Nifty Bank and financial services indices, which rose by approximately 0.8% and 0.77%, while media, realty, and IT sectors experienced declines. • Honasa Consumer shares hit a 10% upper circuit following strong Q4 results, reporting a 177.9% increase in net profit to Rs 69.2 crore and revenue growth of 23.1% to Rs 657.1 crore.

Exclusive: Paul Nowak recognises frustration with Keir Starmer’s government but urges party not to be fatalisticThe UK’s most powerful union leader has said he is angry at the state of Labour and Keir Starmer’s government and warned that significant change is needed to prevent Reform UK from winning power.In his first intervention as the battle rages over the future of the Labour leadership, the TUC’s general secretary, Paul Nowak, said it was clear there was an “overwhelming sense of frustration” with Starmer in a statement issued by Labour-affiliated trade unions last week that called for the prime minister to step down before the next election. Continue reading...

Comments come after Andy Burnham says he would renationalise water and other businesses as PMInvestors in Thames Water have told the Labour government that a temporary nationalisation of the embattled company would slow its turnaround, after calls from Andy Burnham to put key utilities under public control.As Keir Starmer’s grip on power appeared to be fading, the Greater Manchester mayor suggested at the weekend that the renationalisation of water and energy would form part of his policy agenda should he become prime minister. Continue reading...

Mariyah Symone Collington and Kendrick Lamont Key Jr, who also died, had fallen off a cliff during an off-duty hikeThe remains of the second US army soldier who went missing during military exercises in Morocco have been recovered, the army said on Wednesday, ending a multinational search operation that deployed air, naval and artificial intelligence assets.The soldier was identified as Spc Mariyah Symone Collington of Taveres, Florida, the US Army Europe and Africa said in a statement. She was 19 years old. Continue reading...

• Wall Street traded mixed on Wednesday morning, with the S&P 500 down 0.1%, Dow Jones Industrial Average dropping 235 points or 0.5% at 9:35 a.m. ET, and Nasdaq up 0.2% amid a technology sector rebound. • Tech stocks like Micron Technology surged 4.3% and Nvidia rose 2.4%, the top gainer on the S&P 500, following a pause in AI-driven momentum; Nvidia CEO Jensen Huang was invited by President Trump to discuss AI chip shipments to China. • A wholesale inflation report showed prices significantly higher than expected last month, following Tuesday's consumer inflation acceleration, driven by rising fuel, transportation, food prices from tariffs, weather, and oil disruptions from the Iran war.

Sussex police say officers are working to identify women and understand what had happened to themThe bodies of three women have been recovered from the sea off Brighton, Sussex police said.The force said emergency services were called to concerns for the welfare of three women in the sea off Brighton at around 5.45am on Wednesday. Continue reading...

1st Lt Kendrick Lamont Key Jr was participating in largest military exercise among US, Nato allies and African nationsA search team recovered the body of a US soldier who went missing near a cliff during a training exercise in Cap Draa, Morocco, the US Army said on Sunday.Moroccan searchers found the remains on Saturday in the water within a mile (1.6km) of where the soldier went missing on 2 May, the army said in a statement. Continue reading...

• Brent crude futures rose 88 cents or 0.9% to $102.15 a barrel, while WTI advanced $1.12 or 1.2% to $96.20, trimming prior 7% losses after US President Donald Trump called direct talks with Iran premature. • A senior Iranian lawmaker dismissed the US peace proposal as a 'wish list' rather than practical, amid demands to halt Tehran's nuclear program and reopen the Strait of Hormuz. • Markets assess if Middle East peace efforts will succeed, with strategist Hiroyuki Kikukawa noting discussions may continue until the US-China summit but uncertainty persists afterward.

• India emerged as top global investment destination, surpassing China with strong capital inflows per Quant Mutual Fund report. • Nominal GDP growth outpaced China's, bolstered by stable fiscal policies, liquidity support, and credit expansion. • Investor shift to large-caps with selective mid/small-cap plays follows equity correction stabilization and improving earnings outlook.

• Former New York Mayor Rudy Giuliani, 81, is hospitalized at Good Samaritan Medical Center in West Palm Beach, Florida, for pneumonia linked to restrictive airway disease from his 9/11 response. • Spokesman Ted Goodman stated Giuliani is now breathing on his own with primary medical providers monitoring him as a precautionary measure after running toward the towers on September 11, 2001. • Goodman described Giuliani as 'the ultimate fighter' in critical but stable condition, with his family appreciating prayers and support amid ongoing recovery.

• Bank of America analyst Epstein reiterated a Buy rating on Boeing (BA) with a $270 price target, signaling meaningful upside potential for the aerospace manufacturer. • Boeing's Q1 2026 earnings report, released April 22, showed revenue of $22.2 billion from 143 commercial deliveries and a record backlog of $695 billion covering over 6,100 commercial airplanes, though the company posted a GAAP loss per share of ($0.11). • The company guided to generate $1 billion to $3 billion in free cash flow for full-year 2026, with analyst estimates around $2.55 billion, representing a significant improvement signaling progression in the company's recovery trajectory.

Rescuers finished removing victims from a damaged commuter train car on Tuesday, confirming that the crash outside Indonesia's capital killed 15 people, all of whom were women.

• Researchers from Woods Hole Oceanographic Institution reported that Atlantic cod and other commercial fish populations have rebounded 34% over the past four years following strict catch quotas and marine protected areas implemented in 2022. • Population surveys conducted across 850,000 square kilometers of Atlantic waters show biomass increases in previously depleted stocks, with detailed findings presented at the American Fisheries Society conference on April 19. • The recovery demonstrates that science-based fisheries management can restore ecosystems within a decade, providing a model for international ocean conservation efforts.

• Indianapolis Colts quarterback Daniel Jones has begun throwing footballs and performing well on dropbacks following Achilles surgery in early December. • Head coach Shane Steichen confirmed Jones' progress during Tuesday's media session, marking a key milestone in his rehabilitation. • This update signals positive momentum for the Colts' quarterback position ahead of offseason preparations and training camp.

Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workersUK unemployment shows surprise fall to 4.9%Business live – latest updatesDespite a surprise fall in the unemployment rate, the latest jobs data show the labour market in a fragile state, even before the Iran war threatened to derail the UK’s nascent economic recovery.At 4.9% in the three months to February, the unemployment rate was down from 5.2% in the previous three months, according to the Office for National Statistics. Continue reading...

Treatment reset wayward immune system of patient with life-threatening conditions, say scientists, in a world firstA woman who lived with three life-threatening autoimmune diseases for more than a decade has returned to a near-normal life after a cell therapy reset her wayward immune system.The 47-year-old had had nine different treatments, none of which had a lasting impact, before receiving the therapy last year at University Hospital Erlangen in Germany. At the time, she required daily blood transfusions and permanent blood thinning medication to control her illness. Continue reading...