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…
UK households faced a renewed rise in grocery bills in February, ending four consecutive months of easing food inflation.…
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled…
US stock index futures fell sharply on Tuesday as investors weighed the economic fallout of escalating conflict between the…
Fresh concerns over global energy security, fueled by geopolitical tensions in West Asia, could lead to a dramatic increase…
US stock index futures fell sharply on Monday as investors reacted to escalating conflict in the Middle East, with…
A 165-kilometre-long sea passage in the Persian Gulf is the centre of all attention on Monday.Situated between the Persian…
Global defence stocks jumped on Monday as the conflict between Israel and Iran entered its third day, drawing in…