South Korea is extending trading hours on its main stock exchange, breaking with established norms across major Asian markets as it seeks to attract sustained participation from global investors and move towards
India will revoke temporary fare caps on domestic flights starting Monday, according to a government order reviewed by Reuters, ending restrictions that were introduced in December following mass cancellations by market leader
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The foreign ministers of the Group of Seven (G7) countries declared on Saturday that they are prepared to take all necessary measures to safeguard global energy supplies and ensure the security of
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Egypt announced on Saturday that it will pay $1.3 billion in outstanding arrears to international oil companies by June, moving up its previously scheduled repayment timeline. The decision comes as the North
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OpenAI announced plans to nearly double its workforce from 4,500 to 8,000 by the end of 2026, according to a report by the Financial Times. The AI startup intends to deploy most
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Iran has indicated it may allow Japanese-linked ships to pass through the Strait of Hormuz, even as it continues to restrict access for much of the world, according to a report citing
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The Bank of England kept UK interest rates unchanged at 3.75 per cent today, but governor Andrew Bailey signaled that persistent energy disruptions from the ongoing US-Israeli war with Iran could trigger
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Donald Trump is reportedly considering a major escalation in tensions with Iran, including the potential seizure of Kharg Island, a critical hub for the country’s oil exports, as part of efforts to
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JPMorgan Chase has begun monitoring the digital activity of its junior investment bankers to assess whether their reported working hours accurately reflect their actual workload, as part of a new effort to
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The global airline industry is confronting its most severe crisis since the COVID-19 pandemic, as the ongoing Middle East conflict disrupts operations, sends fuel costs soaring, and wipes more than $50 billion
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China’s government spending accelerated at the fastest pace for any start to a year since 2022, as authorities move to prop up the economy amid mounting domestic and international challenges. Bloomberg calculations
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Goldman Sachs Group Inc. and JPMorgan Chase & Co. are offering hedge fund clients ways to bet against the private credit market, according to people familiar with the matter. Both banks have
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Tehran’s effective blockade of the Strait of Hormuz has left tens of thousands of mariners stranded on ships carrying millions of barrels of oil, navigating a war zone where drones, missiles, and
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Iraq has struck a deal with the Kurdistan Regional Government (KRG) to reopen the 600-mile Kirkuk-Ceyhan pipeline, resuming exports from northern fields to Turkey’s Mediterranean port. The North Oil Company confirmed that
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The global shipping industry is facing mounting danger as escalating tensions in the Gulf region leave thousands of seafarers stranded and at risk, prompting urgent calls for de-escalation from the International Maritime
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China is closely studying the United States’ military campaign against Iran, with officials suggesting the conflict may offer valuable strategic lessons for Beijing while simultaneously shifting the global balance of power in
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