Economy



Asian markets tumble as oil surpasses $100 for first time since 2022

Asian stock markets fell sharply after oil prices climbed above $100 per barrel for the first time since 2022, sending shockwaves through global financial markets and intensifying fears that the expanding conflict involving Iran could trigger stagflation. Brent crude jumped as much as 20 percent to......

Asian stock markets plunge as oil prices surge past $115

Stock markets across Asia fell sharply on Monday as crude oil prices jumped above $115 per barrel, heightening concerns that escalating tensions between the United States and Iran could damage the global economy. South Korea’s Kospi index dropped more than 8 percent, triggering a circuit breaker......

Fed signals possible rate hikes as oil shock rattles global markets

Global financial markets ended a turbulent week as surging oil prices and escalating tensions between the United States, Israel and Iran triggered widespread investor anxiety and renewed concerns about inflation. Wall Street closed sharply lower on Friday after a volatile trading session. The Dow Jones......

French quantum startup Pasqal raises €340 million and targets dual Paris–Nasdaq listing

French quantum computing startup Pasqal has announced a major financing package of 340 million euros alongside a merger with a listed shell company, paving the way for a dual stock market listing in Paris and on the Nasdaq at a pre‑money valuation of 2 billion dollars. Half of the new funds, or 170......

European stocks rise as oil eases after strongest weekly surge since 2022

European stock markets opened higher on Friday while oil prices edged lower, offering investors brief relief after a week of sharp volatility driven by the escalating conflict involving Iran. The broader market mood remained cautious as the confrontation between the United States and Israel on one side......

South Korean won falls past 1,500 per dollar for first time since 2009

Asian currencies recorded their steepest losses of 2026 this week as the fallout from coordinated U.S. and Israeli strikes on Iran drove investors toward the U.S. dollar, pushing the South Korean won beyond a key threshold not seen since the global financial crisis. The won weakened past the psychological......

South Korea halts trading as Asian markets tumble over Iran war fears

Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily......

Middle East crude shipments push oil tanker rates to six-year high amid U.S.-Iran tensions

Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian......

Trump raises global tariffs to 15% after Supreme Court setback

U.S. President Donald Trump announced that he is increasing newly introduced global tariffs from 10% to 15%, with immediate effect, following a major ruling by the Supreme Court of the United States that curtailed parts of his trade policy. In a statement published on his social media platform, Trump......

Asian stocks hit records as Nikkei tops 58000

Asian equity markets climbed to fresh highs on Thursday, with Japan’s Nikkei 225 breaking above the 58,000 mark for the first time, as investors looked past stronger than expected United States jobs data and focused on signs of economic resilience. The MSCI Asia Pacific index rose 0.4 percent......

Global stocks plunge on tech rout and Korean trading halt

World markets tumbled Thursday as a brutal U.S. tech selloff extended into a third day, pushing the S&P 500 into negative territory for 2026 and dragging Bitcoin to levels unseen in over a year. The Dow Jones Industrial Average shed 593 points or 1.2%, while the S&P 500 also dropped 1.2%. The......

Global tech stocks lose $830 billion amid AI disruption fears

A relentless sell-off in technology stocks showed no signs of easing Wednesday as investors dumped software company shares over growing concerns that artificial intelligence will upend their business models. Sparked by Anthropic's launch of Claude Cowork AI plugins on January 30, the rout has now......

Gold and silver prices plunge after Warsh's Fed nomination

A massive sell-off swept global commodity markets on February 2, 2026, hammering gold, silver, oil, and industrial metals as investors reacted to President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair. The rout rippled through stock markets worldwide, with Asian exchanges......

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