Economy
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......
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......
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 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 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......
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 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......
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......
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......
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......
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,......
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......
Global investors are directing significantly more capital toward international equities than US stocks for the first time in nearly a decade, a trend Bank of America analysts describe as the emergence of a “new world order” in financial markets. Data cited by Bloomberg from a Bank of America......
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