Commodities

The latest on developments in financial markets (all times local): 9:35 a.m.

Asian stocks followed Wall Street higher Wednesday after President Donald Trump downplayed his escalating tariff war with Beijing and said a settlement is possible.

New satellite photos obtained by The Associated Press show the oil tankers that Gulf officials alleged were the targets of "sabotage" off the coast of the United Arab Emirates.

Stocks regained some ground in morning trading Tuesday following a nosedive at the start of the week as the U.S. and China escalate their trade war.

Shares opened moderately lower in Asia on Tuesday after a dismal day on Wall Street as investors fled uncertainty over the China-U.S. trade standoff.

The latest on developments in financial markets (all times local): 9:35 a.m.

The U.S. has issued a new alert to maritime traffic over alleged "acts of sabotage" of ships off the coast of the United Arab Emirates amid heightened regional tensions between American and Iran.

U.S. stocks moved sharply lower Monday on Wall Street and extended the market's slide into a second week as investors seek shelter from an escalating trade war between the U.S. and China.

U.S. stocks slammed as China fires back.

Companies are waiting to see how China will retaliate for President Donald Trump's latest tariff hikes on Chinese imports while economists warned the escalating dispute could slow growth.

Shares were mostly lower in Asia on Monday after trade talks between the U.S. and China wrapped up Friday without an agreement.

President Donald Trump's increased tariffs on $200 billion in Chinese imports took effect as of 12:01 Eastern time Friday, escalating tensions with Beijing.

Uber's next stop is the stock market, where it hopes to pick up more investors willing to bet on a ride-hailing market brimming with potential and conspicuously lacking in profits.

An escalating trade war between the U.S. and China pushed stocks lower for a fifth straight day Friday on Wall Street and put the market on track for its worst week of the year.

Shares were mostly higher in Asia on Friday in volatile trading, with mainland Chinese stocks bouncing more than 3% as regulators apparently stepped in to support the markets.

U.S. stocks slumped with other markets around the world Thursday after China said it would retaliate if the U.S. follows through with a plan to raise tariffs on Chinese imports.

The world powers struggling to preserve a nuclear deal with Iran are facing an increasingly uphill battle, with a new deadline from Tehran on finding a solution to make up for last year's unilateral U.S. withdrawal from the accord and the increasing economic hardship that has put on the Islamic Republic.

Shares skidded in Asia on Wednesday after the Dow Jones Industrial Average tumbled more than 470 points overnight amid mounting trade tensions between the U.S. and China.

Stocks extended their losses into a second day on Wall Street Tuesday after President Donald Trump's threat to escalate a trade war moved closer to reality.

Asian stock markets steadied on Tuesday after Beijing said trade negotiators were preparing to go to Washington despite President Donald Trump's threat to escalate their tariff war.