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Gold, silver rates today: Comex gold drops $134/oz; silver tumbles $4/oz on oil-led inflation fears, firm US dollar

New Delhi, May 4 -- Gold and silver erased their recent gains, plunging sharply on Monday, 4 May, as renewed tensions in the Middle East triggered a sharp rebound in crude oil prices, intensifying inf... Read More


US naval ops to safeguard global energy, India's LPG supply, says Treasury Secy Bessent; urges China to help reopen Hormuz Strait

Washington DC, May 4 -- US Treasury Secretary Scott Bessent on Monday (local time) called the ongoing US-led naval operations a "humanitarian effort" aimed at safeguarding critical global supply chain... Read More


Uniqlo makes debut on Time's 100 Most Influential Companies list

KUALA LUMPUR, May 4 -- Japanese retail giant Uniqlo has been named to Time magazine's prestigious 'Time100 Most Influential Companies' list for the first time, earning a spot in the "Leaders" category... Read More


US naval ops to safeguard global energy, India's LPG supply, says Treasury Secy Bessent; urges China to help reopen Strait of Hormuz

Washington DC, May 4 -- US Treasury Secretary Scott Bessent on Monday (local time) called the ongoing US-led naval operations a "humanitarian effort" aimed at safeguarding critical global supply chain... Read More


80 million litres of diesel shipment from Kuwait reaches Karachi portPublished on: May 4, 2026 9:45 AM

Pakistan, May 4 -- A Pakistani vessel carrying 80 million litres of diesel from Kuwait has successfully arrived at Karachi Port, providing relief amid ongoing concerns over regional shipping disruptio... Read More


Pacific climate experts convene in Fiji to assess recent La Niña impacts

, May 4 -- Loss of life, damage to agricultural crops, coral reefs and domestic and commercial property damages were among the impacts reported at the 18th Pacific Islands Climate Outlook Forum (PICOF... Read More


Iran warns US over Strait of Hormuz actionsPublished on: May 4, 2026 9:30 AM

Pakistan, May 4 -- Iran has issued a warning to the United States (US), saying any interference in the Strait of Hormuz would be considered a violation of the existing ceasefire arrangement. Read Mor... Read More


Spirit Airlines shuts down as company says it can't keep up with higher oil prices

New Delhi, May 4 -- Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years. The... Read More


Crude oil price steadies amid US-Iran war uncertainty. Where's it headed in near term?

US-Iran war, May 4 -- Oil prices steadied on Monday, 4 May, as traders raised doubts about the feasibility of US President Donald Trump's proposal for the US to escort neutral vessels through the Stra... Read More


Israel Air Force strikes Hezbollah infra, claims terrorists operated from site

Tel Aviv, May 4 -- The Israeli Air Force on Monday struck Hezbollah infrastructure, saying the terrorists operated from the spot. It said that forces of the 91st Division attacked the launch position... Read More