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Singapore Airlines posted its first quarterly net loss since 2022 despite higher revenue, dragged by soaring jet-fuel prices amid Middle East tensions and a higher share of losses from Air India.
Analysts’ models are assuming new efficiencies, but some of the numbers look too good to be true.
Meta’s data-center project priced a $12.5 billion offering with a higher interest rate than a similar deal last year, as AI companies flood the market with new debt.
President Trump said that talks with Iran were taking place. In response, Brent crude further declined while Treasurys strengthened and the dollar fell.
Oil extended losses as a lull in U.S.-Iran hostilities spurred diplomatic efforts, with Iran and Oman seeking an agreement to reopen the Hormuz Strait.
The Bank of Japan is likely to take a breather this week to assess the effects of its latest move after raising its policy rate to the highest level in three decades.