India adds 24 billionaires, reaching 308 in latest global rich list

India's billionaire population climbed to 308, an increase of 24 from the previous year. The Hurun Global Rich List 2026, released Saturday, places the country third worldwide behind the United States and China. This expansion reflects sustained wealth creation amid strong economic momentum and robust......

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......

IMF warns Middle East conflict could reignite global inflation

The International Monetary Fund warned that the expanding conflict in the Middle East could push global inflation higher as oil prices approach $120 per barrel, adding new pressure to the world economy at a time when weak labor data in the United States is intensifying concerns about stagflation. IMF......

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......

Global food prices show slight increase in February

Global food prices experienced a slight increase in February, according to the latest data from the Food and Agriculture Organization (FAO) of the United Nations. The FAO food price index reached 125.3 points, marking a 0.9% rise compared to its revised January value, though still 1.0% lower than the......

Oil prices soar after eight days of Middle East conflict

Oil prices have surged to levels not seen since 2023 following eight days of conflict in the Middle East. Investors are increasingly concerned as disruptions to oil flows from the Gulf region continue, fueled by tensions in the Strait of Hormuz. The West Texas Intermediate (WTI) benchmark closed at......

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......

Wall Street shifts strategy as US Iran conflict rattles global markets

As the war between the United States and Iran enters its second week, major Wall Street banks are rapidly adjusting investment strategies. Financial institutions are directing capital toward defense companies, energy producers and tangible assets while warning that a prolonged conflict could reshape......

Middle East conflict sends oil prices soaring nearly 30% in a week

Global oil markets experienced a sharp surge this week, with prices climbing nearly 30%, marking levels unseen since 2023. The escalation of conflict in the Middle East has disrupted key supply routes from the Gulf, fueling uncertainty in energy markets. Brent crude, the international benchmark, closed......

Brent oil could reach $120 if Middle East tensions continue, Barclays warns

Global oil markets could experience a sharp rise in prices if geopolitical tensions in the Middle East persist, according to a recent assessment by analysts at Barclays. The British bank warned that the benchmark crude price Brent Crude could potentially climb to around $120 per barrel if the current......

EU says United States will honor Turnberry trade deal despite tariff dispute

European Trade Commissioner Maros Sefcovic said the United States has assured the European Union it will respect the terms of the Turnberry trade agreement, despite new tariff measures that risk undermining the deal’s central provision of a 15 percent tariff ceiling. Speaking in Toronto on Thursday,......

US dollar pares gains after February payrolls fall short of expectations

The U.S. dollar eased against major currencies on Friday after official data revealed an unexpected drop in payrolls for February, raising speculation that the Federal Reserve may lower interest rates sooner than anticipated. Weak jobs data According to government statistics, the U.S. economy lost......

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