Breaking 12:50 Hormuz shipping paralysis blocks a third of global fertilizer trade as food crisis deepens 12:40 Xbox's new CEO personally ended the "This is an Xbox" campaign to rebuild brand identity 12:20 Thailand secures deal with Iran for safe tanker passage through the Strait of Hormuz 12:10 IEA chief says Iran war energy crisis surpasses the oil shocks of the 1970s 11:40 JPMorgan says Bitcoin has outperformed gold as a safe haven during the Iran war 11:30 TikTok pulls "Fruit Love Island" after AI fruit drama series hits 300 million views in 10 days 11:00 Moroccan dirham strengthens against the us dollar amid stable financial conditions 10:45 Kirsten Dunst joins Sydney Sweeney in the sequel to The Housemaid’s Secret 10:27 Microsoft posts worst quarterly drop since 2008 as Big Tech AI spending alarms investors 10:20 Asian airlines slash flights from April as jet‑fuel crisis bites 10:13 US-made landmines found near Shiraz kill civilians in first confirmed deployment in decades 10:04 Polish PM Tusk warns of imminent escalation in Iran war as conflict nears one month 10:00 EU trade commissioner discusses critical minerals and tariffs with US counterpart 10:00 Sony halts memory card orders as global chip shortage squeezes consumer electronics 09:50 JPMorgan adopte une position haussière sur le dollar pour la première fois depuis un an 09:49 Drones strike Kuwait airport again, causing major damage to radar system 09:30 United States migrant hubs: Cambodian migrant repatriated after transfer to Eswatini 09:29 Bank of America agrees to pay 72.5 million dollars to settle Epstein lawsuit 09:00 United States: police thwart attack plot targeting pro-Palestinian activist 08:20 Micron shares drop over 20% in six days after Google unveils TurboQuant 07:50 Markets weeks from peak panic amid US-Iran conflict, warns Alpine Macro 07:34 India approves purchase of new air defense missiles from Russia 07:14 United States eases restrictions to boost investment in Venezuelan minerals 17:16 US-Israel strikes hit Iranian residential areas, killing 18 in Qom 16:40 Japanese finance minister warns of bold action as yen nears 160 16:20 Iran war boosts global demand for EVs, solar and heat pumps 16:00 Lagarde warns Iran war energy shocks could last years amid ECB rate hike debate 15:40 European stocks dip as Middle East war fuels ECB rate hike bets 15:20 Macquarie warns oil could hit $200 if Iran war lasts to June 14:50 Asia-Pacific governments roll out emergency measures amid energy crisis

Bank of America agrees to pay 72.5 million dollars to settle Epstein lawsuit

Bank of America has agreed to pay 72.5 million dollars to settle a class action lawsuit brought by women who accused the bank of facilitating their sexual abuse by Jeffrey Epstein, according to court documents filed Friday. The settlement amount was disclosed in filings submitted to federal judge Jed Rakoff in Manhattan, who must still approve......

United States: police thwart attack plot targeting pro-Palestinian activist

Authorities in the United States have thwarted an alleged attack targeting a prominent pro-Palestinian activist, highlighting ongoing concerns about politically motivated violence and domestic security. According to federal officials, a 26-year-old suspect was arrested in the state of New Jersey after allegedly planning to use homemade incendiary......

Micron shares drop over 20% in six days after Google unveils TurboQuant

Micron Technology shares plunged more than 20% over six straight sessions, entering bear market territory. Investors fear Google's new AI memory compression algorithm could weaken demand for chips fueling the artificial intelligence surge. The stock fell 7% Thursday to close at $355.46, down 23% from recent highs and posting the worst......

Markets weeks from peak panic amid US-Iran conflict, warns Alpine Macro

Nearly a month after US and Israeli strikes ignited the US-Iran conflict on February 28, fund managers scramble to reshape portfolios. Persistent volatility and surging oil prices upend standard investment approaches. Investors rush to cash and safe havens. One Australian small-cap fund boosted its cash holdings to almost 40%, far above the......

India approves purchase of new air defense missiles from Russia

India has approved a major defense acquisition plan that includes the purchase of new air defense missile systems from Russia, signaling a continued strategic partnership between the two countries despite mounting geopolitical pressure. According to official sources, the Indian Ministry of Defense authorized a broad procurement package valued......

United States eases restrictions to boost investment in Venezuelan minerals

The United States has taken new steps to ease certain sanctions on Venezuela, aiming to encourage foreign investment in the country’s vast mineral resources, particularly gold. The decision reflects a broader shift in Washington’s policy toward reopening key sectors of the Venezuelan economy. According to the U.S. Treasury Department,......

US-Israel strikes hit Iranian residential areas, killing 18 in Qom

Rescue teams in Iran search for survivors under collapsed buildings in Tehran, Qom and Urmia after overnight US-Israeli strikes targeted residential zones. Qom reports at least 18 deaths, per the city's deputy governor cited by CNN. The attacks mark the latest in a nearly month-long campaign that has ravaged civilian infrastructure and......

Japanese finance minister warns of bold action as yen nears 160

The USD/JPY pair traded just below the key 160.00 level Friday. Japanese Finance Minister Satsuki Katayama issued her strongest intervention warning yet against the yen's persistent slide, driven by soaring oil prices and Middle East tensions. Katayama told reporters Friday that authorities must respond firmly, including bold measures.......

Iran war boosts global demand for EVs, solar and heat pumps

The war in Iran has upended energy markets and exposed vulnerabilities in fossil fuel supply chains. Consumers and governments now show sharp interest in clean energy technologies, from electric vehicles and rooftop solar panels to heat pumps and induction stoves. Fighting has nearly halted oil exports through the Strait of Hormuz, the narrow......

Lagarde warns Iran war energy shocks could last years amid ECB rate hike debate

The European Central Bank faces classic stagflation pressures from the Iran war: surging energy prices pair with stagnant growth, forcing rate hike considerations officials hoped to avoid. ECB President Christine Lagarde told The Economist in a Thursday interview that conflict-linked energy disruptions may endure for years. She called quick......

European stocks dip as Middle East war fuels ECB rate hike bets

European stocks edged lower Friday as investors weighed the economic fallout from the ongoing Middle East war. Disruptions to energy flows through the Strait of Hormuz stoke inflation fears across the continent. The STOXX 600 fell 0.2 percent to 579.71 points. Mid-cap stocks led losses with a 1.4 percent drop. The decline capped a turbulent......

Macquarie warns oil could hit $200 if Iran war lasts to June

Macquarie Group analysts warn oil prices could reach a record $200 per barrel if the US-Iran war drags to June with the Strait of Hormuz effectively closed. The Australian investment bank sees a 40 percent chance of prolonged conflict versus 60 percent odds of ending by late March, per a Bloomberg-cited note. Brent crude surged Thursday then......

Asia-Pacific governments roll out emergency measures amid energy crisis

Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters summary published Friday lists growing......

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