Breaking 07:50 Studies pinpoint Sun's magnetic engine deep below surface 07:30 UAE signals readiness to join multinational effort to reopen Strait of Hormuz 07:00 UN security council holds closed-door meeting on Iran at Moscow’s request 16:50 Markets plunge as Pentagon eyes decisive strike on Iran 16:20 Dollar holds steady as Iran conflict reshapes Fed rate outlook 16:00 Pakistan confirms role in US-Iran indirect talks 15:20 Iran earns $139 million a day from oil as Hormuz crisis boosts revenue 15:12 FIFA opens last-minute World Cup 2026 ticket sales on April 1 15:00 Al Jaber calls Iran's Strait of Hormuz blockade "economic terrorism" during U.S. tour 14:05 Freeport LNG CEO warns Iran war risks delaying US export projects 14:00 Commodity ETFs see record $11 billion outflows in March 13:50 EBRD warns Iran war may cut growth by 0.4 points 13:20 Used EV sales surge across Europe as Iran war spikes fuel prices 12:40 Bridgewater weathers macro hedge fund rout amid Iran war 12:20 War in Iran disrupts $19 billion used car trade in Asia 11:50 Rice University researchers recover 95% of battery metals using plasma and citric acid 11:20 Gold falls below $4,500 as Iran rejects U.S. ceasefire plan, oil holds above $100 11:20 IBM quantum computer matches lab data in materials simulation 11:17 Dollar slips in Asia as Iran diplomacy doubts trim Fed hike bets 11:00 US lawmakers propose bill to ban Chinese humanoid robots in government 10:20 Google TurboQuant breakthrough shakes memory chip stocks amid AI shift 10:05 Salesforce shares fall as Anthropic expands Claude AI capabilities 09:40 Asian markets fall as Iran rejects us ceasefire proposal 08:50 Stanford study links us emissions to $10 trillion global climate damage

Nikkei plunges nearly 5 percent as Middle East tensions rattle Asia

Japan’s Nikkei 225 index fell sharply by nearly 5 percent on Monday, losing more than 2,600 points as escalating conflict in the Middle East triggered a broad selloff across Asian markets and intensified concerns over a prolonged energy-driven inflation shock. South Korea’s Kospi dropped more than 6 percent, prompting a circuit......

Dollar surges as Trump ultimatum to Iran nears deadline

The US dollar strengthened sharply as tensions between Washington and Tehran escalated ahead of the expiration of President Donald Trump’s ultimatum over the Strait of Hormuz, driving investors toward safe-haven assets and pressuring Asian currencies and equities. The dollar index rose to around 99.5, extending gains that began with......

Goldman Sachs raises oil forecasts as Hormuz crisis disrupts supply

Goldman Sachs has sharply increased its oil price outlook for 2026, citing what it describes as the largest supply shock in history driven by the near-total disruption of flows through the Strait of Hormuz. The bank now expects Brent crude to average $85 per barrel this year, up from a previous forecast of $77, while West Texas Intermediate......

KPMG introduces AI kill switches amid rising autonomous agent risks

KPMG has introduced a comprehensive safety framework for autonomous artificial intelligence agents, including emergency shutdown mechanisms, as companies accelerate deployment of AI systems across business operations. The firm’s approach treats AI agents as managed entities, each assigned a unique identity and tracked through internal......

Berkshire Hathaway buys $1.8 billion stake in Tokio Marine

Berkshire Hathaway has acquired a 2.5 percent stake in Japan’s largest insurer, Tokio Marine Holdings, in a deal valued at about $1.8 billion, marking a new strategic partnership between the two companies. Tokio Marine said it would sell treasury shares worth 287.41 billion yen to National Indemnity, Berkshire’s main reinsurance......

Bitcoin rally could trigger $5 billion short squeeze near $75,000

Around $5 billion in short cryptocurrency positions could face liquidation if Bitcoin rises to $75,000, highlighting a key pressure point in the derivatives market that could accelerate price gains. Bitcoin was trading near $69,000 on March 22 after retreating from a brief move above $75,000 earlier in the month. The $75,000 level has emerged......

“Like a woman” campaign promotes global recognition of female leadership

A global digital campaign titled “Like a Woman” has been launched to highlight and promote women’s leadership, coinciding with International Women’s Day 2026. Led by United Nations General Assembly President Annalena Baerbock, the initiative aims to reshape long-standing stereotypes and position women’s leadership......

IAEA chief says war cannot eliminate Iran nuclear program

The head of the United Nations nuclear watchdog has warned that military action cannot fully dismantle Iran’s nuclear program, stressing that only diplomacy can address the long-term risks. Rafael Grossi, director general of the International Atomic Energy Agency, told CBS News that no conventional war could erase Iran’s nuclear......

US stock futures drop as Middle East tensions shake rate-cut expectations

U.S. stock index futures fell on Monday as escalating tensions in the Middle East fueled concerns over energy infrastructure and sent oil prices soaring above $100 a barrel. The heightened conflict prompted investors to reassess expectations for Federal Reserve interest rate cuts, reducing optimism for monetary easing this year. Iran’s......

Taiwan opposition leader says improving China ties doesn’t mean being anti-US

Taiwan’s opposition leader, Cheng Li-wun, emphasized on Monday that enhancing relations with Beijing does not require being hostile toward the United States. Speaking at the Taiwan Foreign Correspondents’ Club, Cheng highlighted the importance of stable cross-strait relations for Taiwan’s security and survival. Cheng, elected......

Avian flu outbreaks surge globally as spring migration begins

Avian influenza cases are rising across multiple regions as migratory birds begin their annual spring movement, triggering mass culling operations and tighter biosecurity measures in North America, Europe and Asia. In the United States, more than 14.3 million birds across 84 farms have been infected since the start of 2026, according to federal......

Elon Musk announces ambitious AI chip manufacturing project

American billionaire Elon Musk has unveiled plans for a groundbreaking project to manufacture electronic chips dedicated to artificial intelligence, robotics, and space-based data centers. The facility, named “Terafab,” will be located near Austin, Texas, with the goal of producing one terawatt of computing power per year—roughly......

China urged to cut forex reserves and reduce US Treasury holdings

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 International Monetary Institute at Renmin......

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