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......
Asian financial markets ended a volatile week with mixed results on Friday as oil prices eased slightly after days of sharp swings triggered by the escalating conflict involving Iran. The fighting, now in its seventh day, has disrupted global energy flows and unsettled investors across major asset classes. The......
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......
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......
Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually......
Safe-haven currencies strengthened at the start of the week as investors reacted to a sharp escalation in the conflict between Iran, the United States and Israel, driving money out of risk assets and into traditional shelters. The Swiss franc rose to its strongest level against the euro since 2015, while......
China’s financial regulators have instructed domestic banks to cut their investments in US Treasury securities, signaling an effort to reduce exposure to American debt as global financing dynamics shift. Bloomberg reported that Beijing issued the directive through informal “window guidance,”......
Japan is taking steps to mitigate the effects of newly imposed U.S. import tariffs, government officials said on Tuesday. Following the U.S. Supreme Court’s decision to strike down certain tariffs under the International Emergency Economic Powers Act (IEEPA), President Donald Trump applied a 15%......
The government of Japan has approved a five trillion yen (approximately $32 billion) emergency spending package aimed at cushioning households from surging food and energy costs, as inflationary pressures continue to weigh on consumers. Prime Minister Sanae Takaichi endorsed the measure following a......
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......
The Japanese yen retreated in early Asian trading on Monday after posting its strongest weekly performance since November 2024, as weaker than expected economic data dampened expectations of a near term interest rate increase by the Bank of Japan. The currency slipped 0.2 percent to 153.07 per dollar,......
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......
Honda Motor reported a sharp fall in profits as U.S. import tariffs, weakening demand for electric vehicles, and ongoing semiconductor supply disruptions continued to weigh on performance. The Japanese automaker said net profit for the nine months through December fell 42 percent from a year earlier......
