Headline news for July 27, 2026: Both U.S. and Iranian forces hold fire for a second consecutive day as a regional mediator calls the pause a positive signal for de-escalation. The MAS tightens monetary policy for the second consecutive time as Iran war inflation persists. Oil tumbles five per cent and Asian markets rally on ceasefire hopes.

Synopsis: A round up of global headlines to start your day by The Business Times.

Written by: Claressa Monteiro (claremb@sph.com.sg)

Produced and edited by: Claressa Monteiro or Nicole Teo

Produced by: BT Podcasts, The Business Times, SPH Media

Produced with AI text-to-speech capabilities

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