Shippers seek clarity as Iran says Hormuz is open
Shipping companies reacted cautiously on Friday after Iran announced the reopening of the Strait of Hormuz, signaling a potential easing of tensions in one of the world’s most critical oil…
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Category: Business
IMF signals Venezuela loan if data and reforms advance
The International Monetary Fund is preparing to deepen its engagement with Venezuela, with Managing Director Kristalina Georgieva signaling that a financial support program could follow if key conditions are met.…
Warsh’s nomination scrutiny sets stage for heated confirmation hearing
The nomination of Kevin Warsh to lead the Federal Reserve is fast becoming one of the most contentious confirmation battles in recent years, reflecting a broader clash over central bank…
MidEast energy output loss may take two years to recover: IEA
Global energy markets are entering a period of prolonged uncertainty as supply disruptions linked to the Middle East conflict begin to deepen, with recovery expected to take years rather than…
Investors eye Fed hearing as Iran optimism boosts equities
Global financial markets are showing renewed optimism as US President Donald Trump signalled confidence that the war in Iran could end soon, with talks potentially resuming over the weekend. Investor…
Is the S&P 500 surge built on conditioning, plumbing, and illusion?
We are in the middle of the largest oil supply shock in history. A war is still raging. Consumer confidence is at record lows. But somehow, the S&P 500 is…
UK economy surprises with 0.5% growth despite energy concerns
The Office for National Statistics said the British economy expanded more than expected in February, offering a brief boost to growth before rising energy prices and geopolitical tensions cloud the…
US jobless claims fall to 207,000; labour market steady, hiring cautious
The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued resilience in the labour market even as businesses remain cautious about hiring amid rising…