Iran considering US proposal to end war, official says

The White House reportedly believes it could be closing in on a 14-point memorandum of understanding with Iran.

Billionaire Duke of Westminster to Sell $954 Million of US Real Estate Assets - Bloomberg.com

Billionaire Duke of Westminster to Sell $954 Million of US Real Estate Assets  Bloomberg.com

Attack on French Cargo Ship Highlights Continued Risks in Strait of Hormuz

U.S. Central Command and the ship’s owner disagreed on whether the vessel coordinated safe passage with the United States military.

By Peter Eavis

First U.S. Patients Treated With Microrobotic Surgery For Alzheimer’s - Forbes

First U.S. Patients Treated With Microrobotic Surgery For Alzheimer’s  Forbes

Iran weighing latest U.S. proposal to reopen Strait of Hormuz

The Trump administration's offer on gradually reopening the waterway and lifting the U.S. blockade on Iranian ports comes as the president faces backlash for soaring energy prices

By Bloomberg News

S. Korea's 1st US investment under trade deal to be announced after law takes effect in June: Seoul official

South Korea's first plans to invest in the United States under a bilateral trade deal can be announced after a relevant law goes into effect in June, Seoul's Industry Minister Kim Jung-kwan said Wednesday. Kim made the remarks during a press availability upon arrival at an airport near Washington, as the two countries are discussing the investment plans in line with last year's trade agreement that commits Seoul to investing $350 billion -- with an annual cap of $20 billion -- in the US. "As for

By The Korea Herald

UAE tells Iran that its ties and defence partnerships are a ‘sovereign matter’

The United Arab Emirates said on Wednesday that its ties and its international and defence partnerships were a “purely sovereign matter,” rejecting an earlier statement by Iran saying that Abu Dhabi’s cooperation with the US threatened Iran’s security and national interests. The UAE’s foreign ministry said the Gulf country reserves its full sovereign, legal, diplomatic […]

Space analytics firm HawkEye raises $416 million in US IPO

OIL PRICE WATCH as of May 7, 2026

MANILA, Philippines – Hopes for another rollback in local fuel prices rose Thursday after global oil prices tumbled amid easing tensions between the United States and Iran. World oil markets dropped sharply after US President Donald Trump said a possible deal with Iran was “very possible,” raising optimism that the conflict in the Middle East

By Dona Policar

Pakistan, US eye fair trade deal

Washington appreciates Islamabad's role in promoting regional stability

By Our Correspondent

Chinese students gradually turning away from US

For the first time in more than a decade, the United States is no longer among the top two destinations for mainland Chinese students, as they increasingly prioritize costs and career prospects over prestigious degrees.