Global markets and geopolitics remain tightly intertwined as tensions in the Middle East ripple across energy, technology, and financial markets.The Pentagon says the US is gaining ground in the Iran conflict even as fresh drone strikes raise regional risks.Saudi Aramco beat profit estimates but warned the war could disrupt oil…
US President Donald Trump said the United States will see its first new oil refinery built in five decades, backed by investment linked to India’s Reliance Industries.Trump announced the project in a post on Truth Social, saying the refinery will be located in Brownsville, Texas, and developed by America First…
On Wednesday, Oil prices fluctuated as policymakers discussed emergency measures to stabilize energy markets, while Asian equities rebounded after a brief retreat in crude prices. At the same time, US President Donald Trump announced plans for the first new American oil refinery in five decades, and disruptions to Qatar’s LNG…
Dow Jones futures were in the red today, March 11, as traders waited for the upcoming US inflation data and as they focused on the ongoing war in Iran. It retreated to $47,600x, down by 6.12% from the highest point this year.Dow Jones futures drops ahead of US Inflation reportThe…
Shares of Germany’s largest defence contractor Rheinmetall fell by about 5.75% on Wednesday after the company reported strong revenue growth and record operating profit for 2025 but failed to meet market expectations.The company said sales rose 29% year-on-year to 9.935 billion euros, driven by surging demand for defence equipment amid…
Missiles are flying across continents, oil tankers have stalled, and insurance costs are surging. Around the world, people are asking the same question: Are we entering another global energy crisis?The conflict involving Iran, the United States, and Israel has shaken energy markets from Asia to Europe. Oil prices have climbed,…
The Bank of Canada has completed a market experiment examining how tokenised bonds could move through financial systems using blockchain infrastructure. The project involved several of the country’s largest financial institutions and centred on a short term security issued by Export Development Canada.The test explored how distributed ledger technology could…
The US labor market showed signs of cooling in February after nonfarm payrolls unexpectedly fell, and unemployment also came a notch higher than expected, complicating the picture for the Fed ahead of its rate decision as it weighs a weak jobs report against the fuel price-led inflationary risks caused by…
The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East.Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight…
China’s consumer inflation climbed in February, marking the strongest annual increase in more than three years as extended Lunar New Year celebrations lifted spending across travel, dining, and leisure services. Data released Monday by the National Bureau of Statistics showed consumer prices rising faster than economists expected, signalling a temporary…