Global stocks slumped and oil prices rose Friday as talks between the United States and China failed to deliver progress on reopening the Strait of Hormuz, rekindling worries of persistent inflation…

Global stocks slumped and oil prices rose Friday as talks between the United States and China failed to deliver progress on reopening the Strait of Hormuz, rekindling worries of…

RECAP: Emerging Asian markets fell yesterday as surging oil prices and limited progress in US-Iran peace negotiations heightened concerns over inflation and economic uncertainty.…