A growing diesel shortage triggered by disruptions to global energy supplies is threatening agricultural activity across multiple continents, raising concerns about rising food prices in the months ahead. Two weeks after the start of the US Israeli conflict involving Iran, the effective closure of the......
Shell, TotalEnergies, and several companies in Asia have declared force majeure on downstream contracts linked to Qatari liquefied natural gas deliveries, according to a Reuters report citing sources familiar with the matter. The move follows Qatar’s own force majeure declaration earlier in March......
Asian financial markets ended a volatile week with mixed results on Friday as oil prices eased slightly after days of sharp swings triggered by the escalating conflict involving Iran. The fighting, now in its seventh day, has disrupted global energy flows and unsettled investors across major asset classes. The......
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......
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 retreated in early Asian trading on Monday after posting its strongest weekly performance since November 2024, as weaker than expected economic data dampened expectations of a near term interest rate increase by the Bank of Japan. The currency slipped 0.2 percent to 153.07 per dollar,......
Asian equity markets climbed to fresh highs on Thursday, with Japan’s Nikkei 225 breaking above the 58,000 mark for the first time, as investors looked past stronger than expected United States jobs data and focused on signs of economic resilience. The MSCI Asia Pacific index rose 0.4 percent......
Asian stock markets surged Tuesday as investors welcomed two key developments boosting economic outlooks: Australia's central bank raising interest rates for the first time in two years and a fresh US-India trade agreement. Japan's Nikkei 225 jumped over 3%, hitting record highs. South Korea's......
Australia's Finance Minister Jim Chalmers departed for Washington DC on Sunday to join finance leaders from major global economies in talks on securing critical minerals supply chains. The Albanese government simultaneously disclosed fresh details about its $1.2 billion strategic reserve, designed......
Japanese stock markets tumbled Wednesday as investors grappled with the economic fallout from China's fresh export restrictions on dual-use goods, raising alarms over potential disruptions to vital supply chains in the automotive and electronics sectors. The Nikkei 225 index fell 1.06 percent to......
World stock markets kicked off 2026 with uneven results on the first trading day. Asian benchmarks hit fresh highs, London's FTSE 100 briefly crossed a historic threshold, and Europe's broad index reached a record close, while US tech-heavy shares pulled back from early gains. In Asia, South......
US Treasury yields climbed on the first trading day of 2026, with the 30-year bond reaching 4.88 percent its highest level since early September. This surge stemmed from heightened optimism about the American economy, which dampened demand for safe-haven assets. The 10-year Treasury yield also rose to......
China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will......
