A Chinese academic report is calling for Beijing to scale back its massive foreign exchange reserves, including its holdings of US Treasury bonds, arguing that the rising global role of the yuan could replace many functions traditionally supported by large dollar reserves. The report, published by the......
European Central Bank policymakers are considering a possible interest rate increase as energy-driven inflation risks intensify, marking a shift from earlier expectations of monetary easing. Five major central banks kept interest rates unchanged this week in a coordinated pause reflecting growing uncertainty......
The US dollar is on track for its steepest weekly decline since late January, falling about 1.1 percent against major currencies as other leading central banks signal tighter monetary policy while the Federal Reserve holds back. The shift reflects a rapid change in global policy expectations following......
Asian stock markets fell sharply on Thursday as escalating attacks on energy infrastructure in the Gulf pushed oil prices higher, while the US Federal Reserve and the Bank of Japan held interest rates steady amid rising economic uncertainty. Oil prices jumped after strikes targeting key facilities across......
Global financial markets declined on March 18, 2026, after stronger than expected US producer price data and a cautious Federal Reserve stance reinforced concerns about persistent inflation and slowing growth. Major US stock indices posted significant losses. The Dow Jones Industrial Average dropped......
The Bank of Japan kept its interest rates unchanged on Thursday, warning that rising oil prices linked to the Middle East conflict could push up underlying inflation and complicate policy decisions. The central bank maintained its short-term policy rate at 0.75 percent following a two-day meeting, in......
The conflict involving the United States, Israel and Iran has disrupted global energy markets, prompting governments to accelerate efforts to reduce reliance on fossil fuels. After Tehran effectively shut the Strait of Hormuz, around 20 percent of global oil and liquefied natural gas supply has been......
A severe energy crisis linked to the war in Iran is forcing governments across Asia to impose emergency austerity measures, as disruptions in the Strait of Hormuz choke vital oil and gas supplies to heavily import-dependent economies. Pakistan announced it would cancel its annual Pakistan Day military......
Oil prices rose sharply on Tuesday as renewed concerns over the Strait of Hormuz erased the previous day’s relief rally, highlighting ongoing disruption in one of the world’s most critical energy corridors. Brent crude climbed nearly 3 percent to around $103 per barrel, while US benchmark......
Asian equities advanced on Tuesday, supported by renewed investor interest in artificial intelligence stocks, while oil prices continued to rise amid ongoing geopolitical tensions in the Middle East. The MSCI Asia Pacific index excluding Japan gained 0.9 percent in early trading. South Korea’s......
The Japanese yen hovered near a key intervention threshold after the USD/JPY pair reached a 52 week high of 159.75, its strongest level since mid July 2024, as traders focused on upcoming policy decisions from the US Federal Reserve and the Bank of Japan. The move places the yen close to the 160 level,......
Global tungsten prices have soared to record levels after China tightened export restrictions on the strategic metal, triggering supply shortages that are affecting defense and technology industries worldwide. The price of ammonium paratungstate, the main benchmark for tungsten trading, has climbed......
Global currency markets have entered a period of heightened turbulence as the conflict involving the United States, Israel, and Iran enters its third week, driving a key measure of foreign exchange volatility to its highest level since July 2025. The Deutsche Bank currency volatility indicator rose......