Asia’s heavy reliance on Middle Eastern oil is emerging as a significant economic vulnerability, leaving the region susceptible to prolonged supply disruptions, according to ING Group. While current inflation risks are largely contained, the prospect of higher energy import costs is set to weaken trade balances, placing currencies like the Philippine…
UK households faced a renewed rise in grocery bills in February, ending four consecutive months of easing food inflation. Data from Worldpanel by Numerator showed grocery price inflation climbed to 4.3% in the four weeks to 22 February. That marked an increase from 4% in January.Economists have warned that a…
Seeking to lessen its dependence on China for rare earth elements—which are essential for magnet production—Japan is currently negotiating with India. The discussions focus on a joint exploration for rare earth deposits located in the desert state of Rajasthan, according to a Reuters report. Joint exploration and depositAccording to India’s Mines Minister,…
Asia’s heavy reliance on Middle Eastern oil is emerging as a significant economic vulnerability, leaving the region susceptible to prolonged supply disruptions, according to ING Group. While current inflation risks are largely contained, the prospect of higher energy import costs is set to weaken trade balances, placing currencies like the Philippine…
Middle Eastern airlines have started bringing home stranded travellers as a three-day shutdown across some of the world’s busiest aviation hubs slowly eased on Tuesday, even as the war triggered by US–Israeli strikes on Iran continued to upend global air travel.Emirates restarted a limited number of flights from Dubai International…
UK households faced a renewed rise in grocery bills in February, ending four consecutive months of easing food inflation. Data from Worldpanel by Numerator showed grocery price inflation climbed to 4.3% in the four weeks to 22 February. That marked an increase from 4% in January.Economists have warned that a…
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled by the prospect of a prolonged Middle East conflict and a renewed surge in oil prices that could reignite inflation across the region.The pan-European STOXX 600 index fell 3.26%, leaving it…
US stock index futures fell sharply on Tuesday as investors weighed the economic fallout of escalating conflict between the United States and Iran, rising oil prices, and renewed inflation risks.Futures tied to the Dow Jones Industrial Average dropped as much as 822 points, or roughly 1.68%, while S&P 500 futures…
The S&P 500 Index remained in a tight range on Friday as market participants reacted to the latest US producer inflation report and a series of corporate earnings. It was trading at $6,878, a few points below the all-time high of $7,020. This article explores some of the top catalysts…
Global markets are being forced to price in a war that may not be over quickly. US President Donald Trump has said the US‑led campaign in Iran was initially projected to last four to five weeks and could “extend far beyond that,” while insisting he is prepared to sustain operations…