Samsung reports Q1 revenue of $90.2 billion, beating analyst estimates as demand for AI-linked memory chips drives a 756% surge in operating profit to $38.5 billion.

New Zealand's ANZ Business Confidence plunges to -10.6 in April from 32.5, while Activity Outlook drops to 19.6 from 39.3, signaling sharp economic slowdown.

New Zealand's economic outlook darkened in April as ANZ Business Confidence fell to -10.6 from 32.5 and the Activity Outlook dropped to 19.6 from 39.3.

President Donald Trump says a US naval blockade against Iran could last for months, driving oil prices to their highest level in more than four years.

President Donald Trump stated that a US naval blockade against Iran could persist for months, an announcement that triggered a surge in oil prices to their highest level in over four years.

Samsung semiconductor profit jumps 48-fold as AI demand boosts memory chip margins. The company's chip arm significantly outperformed market expectations this quarter.

Samsung's semiconductor division reported a 48-fold increase in profit, driven by high demand for memory chips used in artificial intelligence applications.

Warsh nears Fed chair as colleagues resist rate cuts sought by Trump. Future Federal Reserve officials are moving away from supporting lower interest rates.

Kevin Warsh is moving closer to becoming chair of the Federal Reserve, while future colleagues are increasingly opposing the resumption of interest rate cuts that President Donald Trump is expecting.