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Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade ro...
Emergency Oil Releases Risk Draining the World’s Last Supply Cushion
Earlier this week, the International Energy Agency, after consulting with G7, said it would release ...
Southeast Asia Needs More Power, But Its Weak Grid Could Be a Problem
The war in Iran has exposed a critical vulnerability in Southeast Asia’s energy markets. The region ...
Quant hedge funds reap big gains from global bond sell-off
Trend-following portfolios have latched on to sharp rise in yields this year as Iran war and strong US economic data fuel inflation fears
No, AI is not similar to the Manhattan Project
What is singular and novel about the current threat is that it was born out of the private sector
Trump’s diesel threats could go very wrong — just look at the soyabean
Yes, Nixon’s export ban did briefly suppress domestic prices but it had a huge long-term cost
French high schools burn as student unrest spreads
French prime minister and Marine Le Pen blame far-left party for stoking violent protests
US refiners reap windfall profits as wars push up fuel prices for consumers
Oil producer income has drawn scrutiny but lower-profile refiners have posted a fourfold increase in margins
Emerging markets outperform developed markets as bond rout deepens
Fiscal discipline, institutional strength and a willingness to fight inflation have shielded developing countries so far
South Korea brings powerful prosecution agency to heel
Overhaul is a victory for reformers, though some fear it could leave an investigative vacuum
US sanctions Kremlin-backed fintech A7 for allegedly assisting Iran
Payments group that moved almost $7bn through global banks designated a transnational criminal organisation
Nike to cut jobs as it forecasts revenue decline in the coming year
US sneaker and sportswear group to open an India campus under its turnaround plan
US deploys thousands of troops to Middle East as Trump weighs strikes on Iran
Aircraft carrier USS Theodore Roosevelt expected to arrive in the region by the end of November, a US official says
KPMG general counsel exits after Australia whistleblower scandal
Retirement of Anne Collins comes as part of a wider leadership transition at the Big Four firm’s global headquarters
US mortgage rates jump the most in four years amid bond sell-off
Homebuilders and prospective buyers continue to face challenging market conditions