Dow Jones Top Markets Headlines at 3 AM ET: Asian Equities Advance on Hopes for Mideast Ceasefire | Trump ...

Asian Equities Advance on Hopes for Mideast Ceasefire

Stocks broadly rose in Asia as hopes for a new U.S.-Iran ceasefire bolstered investor appetite for risky assets.

----

Trump Imposes Additional 50% Tariffs on Certain Canadian Goods

Measure applies to goods including wine, though energy and parts of other sectors are exempt.

----

U.K. Unemployment Holds Steady

Unemployment was unchanged while wage growth was flat in the three months through May, adding to expectations that the BOE will leave rates unchanged next week.

----

U.K. Government Borrowing Falls Again, But Stays Above Target

Borrowing was a third lower in June than a year earlier, but slightly above target for the fiscal year to date.

----

Top American AI Execs Sound Alarm on Chinese Models

The White House is divided on how to respond to recent advances in Chinese AI and has weighed crackdown measures.

----

Iran War Mediators Push for Traction on New Ceasefire

Regional powers are worried about rising economic damage and the risk of escalation, but still face the challenge of getting the combatants on board.

----

New Zealand Central Bank Governor Has Time to Balance a Tricky Economy

Economists suggest the Reserve Bank of New Zealand can afford to move cautiously, balancing the needs of an economy ripe for recovery with a clear desire to get inflation under control.

----

EU to Ease Methane Rules After U.S. Pressure

The Trump administration and industry groups had said the rules were too hard to comply with and could lead to energy shortages.

----

Insurers Find Workarounds on Risky Debt as Regulators Play Whac-A-Mole

It took state insurance commissioners four years to clamp down on one kind of structured debt. Meanwhile, insurers piled into other, equally risky, flavors.

----

U.K.'s New Leader Andy Burnham Bets Big Government Can Save the Country

Investors expect higher taxes and more borrowing from Britain's new prime minister, who paints himself as a working-class outsider.

----

Why are gasoline prices rising faster than oil prices? Blame it on the 'crack.'

The spread between the cost of barrels of gasoline and crude oil - known as the "crack spread" - has widened sharply.

----

U.S. Leading Indicators Ticked Down in June

The Conference Board's Leading Economic Index slid by 0.2% on weakening consumer spending following increases in May and April.

----

As the battle for AI supremacy intensifies, Trump White House reportedly contemplates a ban on Chinese models

Not only do Chinese models perform many of the same tasks for a fraction of the cost of U.S. versions, their prospective flotations may dilute the appetite for mega-IPOs like Anthropic and OpenAI.

----

Canada Inflation Cools to 2.8% in June as Gasoline Decelerates

The consumer-price index fell 0.4% in June, representing the steepest decline in 18 months and cooling the annual rate 0.4 percentage point to 2.8%, Statistics Canada said.

----

EU Says Construction Companies, Trade Bodies Likely Formed Pricing Cartel

Ten chemical groups and three trade bodies operated a cartel to raise prices following the Covid-19 pandemic and Russia's invasion of Ukraine, the commission said it provisionally found.

(END) Dow Jones Newswires

July 21, 2026 03:15 ET (07:15 GMT)