On Monday, the US government announced that countries, which previously were allowed to buy Iranian oil, can no longer do so starting from May 1.
On Tuesday, the Asian stock market indices surged. The only exception was the Chinese stock market, which experienced a slight decline.
South Korea's creditors are expected to provide $1.40B in financial aid to debt-laden Asiana Airlines, the country's Finance Minister stated, alleviating liquidity problems.
Appliances maker Whirlpool beat analysts' forecasts for quarterly profit, fuelled higher prices to counter an increase in raw material and freight costs.
The US President Donald Trump stated on Monday that Herman Cain has decided to stop seeking a place in the Fed's board amid resistance in the Republican party.
The US Trade Representative Robert Lighthizer stated on Monday that General Counsel Stephen Vaughn would leave the White House and give his post to lawyer Joseph Barloon.
The Brazilian oil giant Petrobras Petroleo Brasileiro SA stated on Monday that it was reviewing its attitude towards whistleblower complaints amid a scandal with traders accused of corruption.
On Monday, the head of AutoPilot Pete Bannon presented and explained technical details of a chip used in Tesla's self-driving cars, thus trying to show that investments in this product would pay off.
Samsung Electronics Ltd announced on Monday that it would delay the release of its Galaxy foldable handset after reviewers reported defective samples.
On Monday, the US President Donald Trump announced that Herman Cain has withdrawn from the consideration for a position on the US Federal Reserve board of governors.
Crude oil prices rose by 2.9% on Monday, reaching $65.87 per barrel, as the US announced its plans to revoke waivers on import of Iranian oil.
Kraft Heinz stated on Monday that it would replace its current CEO Bernardo Hees with the Anheuser-Busch InBev's head of marketing Miguel Patricio.
The National Association of Realtors reported on Monday that sales of houses in the US dropped by 4.9% in March, which is 1.1% more that the experts' forecasts.
The Foreign Minister of Turkey Mevlut Cavusoglu stated on Monday that a decision made by the US to revoke waivers on imports of Iranian crude oil would not benefit regional stability.
Nissan Motor is set reject management's integration proposal from France's partner Renault and is likely to call for the equal capital relationship.
Malaysian consumer prices were expected to edge higher 0.3% year-on-year in March, rebounding after two months of deflation, a Reuters poll revealed.
Bytedance, the Chinese firm behind short-video platform TikTok, announced plans to launch a music streaming application similar to Spotify.
The Chinese individual income tax reform is expected to boost spending nearly $107.2B, facilitating the country's economic growth.
The ex-Prime Minister of Turkey Ahmet Davutoglu on Monday slammed Erdogan's AK Party, saying that the alliance with the nationalists and policy changes resulted in unsatisfactory performance in local elections.
The US Democratic Senator and presidential candidate Elizabeth Warren stated on Monday that the government should cancel student loan debts and make the higher education cheaper.
The Tasnim news agency, citing a government source, stated on Monday that the US attempt to undermine Irian oil business would fail, as the country was ready for any development of events.
On Monday, the US chain of retail stores Bed Bath & Beyond Inc has selected five new members of the board, thus replacing old directors, including co-founders Leonard Feinstein and Warren Eisenberg.
According to sources familiar with the matter, the United States is expected to stop previously giving indulgences on imports of Iranian oil without facing sanctions.
The Democratic Congressman from Massachusetts and war veteran Seth Moulton has joined the 2020 presidential race, the NBC reported on Monday.