South Korean won falls past 1,500 per dollar for first time since 2009

Asian currencies recorded their steepest losses of 2026 this week as the fallout from coordinated U.S. and Israeli strikes on Iran drove investors toward the U.S. dollar, pushing the South Korean won beyond a key threshold not seen since the global financial crisis. The won weakened past the psychological level of 1,500 per dollar early Wednesday......

South Korea halts trading as Asian markets tumble over Iran war fears

Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily halted trading. Other major regional benchmarks......

Toyota and Stellantis exit Tesla emissions pool under EU rules

Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually for the electric vehicle manufacturer. The......

Asian nations rush to evacuate citizens and safeguard oil supplies amid Middle East conflict

Governments across the Asia-Pacific region are accelerating evacuation plans and reinforcing energy security measures as escalating hostilities in the Middle East disrupt global oil flows and unsettle financial markets. Countries including China, India, Pakistan and Australia have mobilized diplomatic and logistical resources to assist citizens......

6 magnitude earthquake shakes Japan’s Volcano Islands

A magnitude 6.0 earthquake struck Japan’s Volcano Islands early Monday, according to the German Research Centre for Geosciences. The quake occurred at a shallow depth of 20 kilometers (12 miles) in the North Pacific Ocean, approximately 283 kilometers (176 miles) from the Northern Mariana Islands. Authorities reported no damage or casualties......

Safe-haven currencies climb as Iran crisis rattles global markets

Safe-haven currencies strengthened at the start of the week as investors reacted to a sharp escalation in the conflict between Iran, the United States and Israel, driving money out of risk assets and into traditional shelters. The Swiss franc rose to its strongest level against the euro since 2015, while the Japanese yen also firmed as foreign......

Rubio to hold G7 call amid rising tensions in Iran

U.S. Secretary of State Marco Rubio is scheduled to speak with foreign ministers from G7 countries on Saturday to discuss the evolving situation in Iran, according to a State Department official. The G7 group includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, alongside the European Union. The conversation......

Global leaders voice concern after US and Israeli strikes on Iran

World leaders have reacted strongly following strikes carried out by the United States and Israel against Iran, actions that triggered retaliatory measures from Tehran across the Middle East. The developments have intensified diplomatic debate among allies and adversaries alike. The presidents of the European Council and the European Commission,......

Jack Doohan reveals death threats before Alpine exit

Australian Formula One driver Jack Doohan has said he received multiple death threats and encountered armed men shortly before losing his seat with Alpine in 2025. The claims appear in the latest season of Netflix’s Drive to Survive, released this week, shedding light on the off-track pressures facing drivers. Doohan said the threats......

WIT Studio sparks fan speculation with new Attack on Titan visual

WIT Studio has reignited fan interest in the Attack on Titan franchise after posting a mysterious new visual depicting characters Eren Yeager, Mikasa Ackerman, and Levi Ackerman dressed in formal attire rather than military uniforms. Shared on WIT’s official X account on February 27 with the caption “coming soon,” the image......

Six planets to align in weekend sky event

A rare planetary alignment will be visible this weekend as six planets—Mercury, Venus, Neptune, Saturn, Uranus, and Jupiter form an arc across the night sky. NASA says the so‑called “planetary parade” will peak on February 28, offering a fleeting chance to observe multiple planets at once. However, scientists caution that......

China urges banks to reduce US Treasury exposure as Western allies boost purchases

China’s financial regulators have instructed domestic banks to cut their investments in US Treasury securities, signaling an effort to reduce exposure to American debt as global financing dynamics shift. Bloomberg reported that Beijing issued the directive through informal “window guidance,” advising banks to limit new purchases......

BlackRock highlights rare yield window in Japan’s bond market

Japan’s government bond market is offering some of the most attractive returns in years for dollar-based investors using currency hedges, according to BlackRock. The asset manager estimates that buyers of long-dated Japanese sovereign debt can currently secure yields of about 6 percent once the pickup from hedging yen exposure back into......

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