Breaking 16:50 Tungsten prices surge 557 percent as China tightens export controls 16:30 BBC urges U.S. court to dismiss Trump’s $10 billion defamation lawsuit 16:20 Currency volatility hits eight month high as Iran conflict shakes markets 16:10 Oil prices top 100 dollars after drone strike on Fujairah port 15:50 Ship traffic in Strait of Hormuz drops to zero amid Iran conflict 15:47 One battle after another wins best picture at 98th Academy Awards 15:40 Salesforce launches record 25 billion dollar share buyback 15:20 Oil prices exceed 100 dollars as Strait of Hormuz crisis deepens 14:50 Iran strikes Gulf states as Strait of Hormuz crisis deepens 14:45 Encyclopedia Britannica sues OpenAI over AI training practices 14:20 UN climate chief warns fossil fuel dependence threatens Europe’s security 14:17 US Treasury Secretary Bessent calls talks with China in Paris constructive 13:50 JPMorgan warns oil above $90 could trigger S&P 500 correction 13:20 Asian markets fall as oil holds above $100 amid Iran war 12:50 Coinbase signals bitcoin may have passed peak pessimism in market sentiment 12:20 Allies press Trump for war strategy as Iran conflict enters third week 10:40 Tony-winning British actress Jane Lapotaire dies aged 81 10:20 Reuters investigation identifies Banksy as Bristol native Robin Gunningham 09:50 Peter Thiel lectures in Rome draw criticism from Vatican advisers 09:20 Japan begins releasing oil reserves in largest IEA stockpile draw 08:50 Hormuz blockade exposes fragile foundations of global semiconductor supply chain 08:20 Gold steadies near $5,000 as Iran conflict clouds Fed rate outlook 07:50 South Korea tanker operator Sinokor gains windfall as Strait of Hormuz crisis drives shipping rates 07:20 Australia and Japan decline naval deployment in Strait of Hormuz coalition 07:00 Bitcoin approaches $74,000 as Middle East oil crisis fuels crypto rally

Switzerland maintains mandate for US trade negotiations, says minister

Switzerland is reaffirming its commitment to ongoing trade negotiations with the United States, aiming to formalize a deal on tariffs initially agreed last year, Economy Minister Guy Parmelin said on Friday. Speaking from Zurich, Parmelin highlighted that Switzerland will continue discussions with the United States and consult with other......

Euro falls to 2026 low as Middle East oil crisis pressures Europe

The euro weakened for a fourth consecutive session on Thursday, sliding to its lowest level of 2026 as the U.S. and Israeli military campaign against Iran continued to disrupt global energy markets and weigh on Europe’s energy dependent economy. The European Central Bank’s reference rate for EUR/USD stood at 1.1547 on March 12,......

Traders anticipate possible Federal Reserve interest rate cut by September

Investors in global financial markets are increasingly betting that the Federal Reserve may begin lowering interest rates later in 2026, with many traders pointing to September as a possible timeframe for the first reduction. Market expectations shifted following the release of new inflation data in the United States, which showed that price......

Musk warns parents to keep ChatGPT away from children after Canada shooting lawsuit

Elon Musk has warned parents to keep ChatGPT away from children and individuals with mental health vulnerabilities following a lawsuit that links the chatbot to a deadly school shooting in Canada. Musk posted the warning on X on Wednesday while responding to a user discussing the February 10 attack at Tumbler Ridge Secondary School in British......

Aluminum hits four year high as Gulf war disrupts global supply

Aluminum prices climbed to their highest level in nearly four years as the war in the Middle East disrupted shipments from the Persian Gulf, one of the world’s most important production hubs for the lightweight metal. Three month aluminum futures on the London Metal Exchange settled at $3,516.50 per metric ton on Wednesday, the highest......

Silo AI founder launches QuTwo to link enterprise AI with quantum computing

Peter Sarlin, the Finnish entrepreneur who sold artificial intelligence startup Silo AI to AMD for $665 million in 2024, has unveiled a new venture called QuTwo. The company positions itself as what Sarlin describes as “an AI lab for the quantum era,” aiming to bridge enterprise artificial intelligence systems with emerging quantum......

Netherlands adopts cautious stance on US and Israeli strikes against Iran

The Netherlands has taken a cautious diplomatic position regarding recent military strikes carried out by the United States and Israel against Iran, saying it understands the motivations behind the attacks but does not formally support them. Dutch Prime Minister Rob Jetten explained that the government acknowledges the security concerns raised......

BofA strategist warns markets echo conditions before the 2008 financial crisis

Michael Hartnett, chief investment strategist at Bank of America, says current market conditions show striking similarities to the period preceding the 2008 global financial crisis, as surging oil prices and emerging stress in private credit markets raise concerns among investors. In the bank’s latest Flow Show report, Hartnett’s......

Hungary calls on EU to reconsider sanctions on Russian oil after US decision

Hungary has called on the European Union to reconsider its restrictions on Russia’s oil exports, arguing that maintaining sanctions could place additional pressure on fuel prices across Europe. Hungarian Foreign Minister Peter Szijjártó said the bloc should reassess its approach following a recent decision by the United......

China urges US to halt new arms sales to Taiwan ahead of Trump visit

China has renewed its opposition to potential new arms sales by the United States to Taiwan, warning that such actions could undermine regional stability and harm relations between the two global powers. Speaking in Beijing on Friday, Chinese Foreign Ministry spokesperson Guo Jiakun reiterated that Washington should respect the long-standing......

Crypto fear index exits extreme fear after 41 day market slump

The cryptocurrency market’s widely followed sentiment indicator has moved out of “extreme fear” for the first time in more than six weeks, ending one of the longest periods of investor panic recorded by the Crypto Fear and Greed Index. The indicator remained below the 25 point threshold that signals extreme fear for more......

U.S. dollar hits four month high as Middle East war drives safe haven demand

The U.S. dollar strengthened this week, with the dollar index rising above 99.00 to its highest level since late November 2025 as investors moved toward safe haven assets amid escalating conflict in the Middle East. The index traded near 99.34 on Thursday after reaching an intraday high close to 99.76. The move marks a gain of roughly 2.5......

Oil surges above $100 as Iran vows to keep Strait of Hormuz closed

Global oil prices climbed back above $100 per barrel on Thursday as Iran’s new supreme leader pledged to maintain the closure of the Strait of Hormuz, intensifying the largest energy supply disruption in modern history. The conflict involving the United States, Israel and Iran has entered its third week, sending shockwaves through global......

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