
Oil Prices Climb as U.S. Tightens Iran Sanctions, But Weekly Losses Loom
Mar 14, 2025 11:24 am UTC| Economy
Oil prices edged higher in Asian trading on Friday after the U.S. imposed fresh sanctions on Iranian oil, but both Brent and WTI crude were set for weekly losses amid supply concerns. Brent crude futures for May delivery...

Trump Threatens 200% Tariffs on European Alcohol, Escalating Trade War
Mar 14, 2025 01:50 am UTC| Economy Politics
U.S. President Donald Trump has threatened a 200% tariff on European alcohol imports, intensifying global trade tensions. This move follows the European Unions plan to impose tariffs on American whiskey in response to...

Gold Prices Surge as Rate Cut Bets Strengthen Amid Trade War Escalation
Mar 13, 2025 09:16 am UTC| Economy
Gold prices climbed in Asian trading on Thursday, driven by softer U.S. inflation data that reinforced expectations of Federal Reserve rate cuts. Spot gold rose 0.4% to $2,945.18 per ounce, while April gold futures gained...

Australia’s Stock Market Nears Correction as U.S. Tariffs Shake Investor Confidence
Mar 13, 2025 09:16 am UTC| Economy
Australias SP/ASX 200 index is on the brink of correction territory, tumbling 9.8% from its all-time high on February 14, driven by escalating trade tensions following U.S. President Donald Trumps new tariffs. As of 03:20...

South Korea Warns of Heightened Currency Volatility Amid U.S.-China Trade War
Mar 13, 2025 09:16 am UTC| Economy
South Koreas central bank cautioned that escalating tensions in the U.S.-China trade war could prolong market instability, increase capital outflow risks, and amplify dollar-won exchange rate volatility. The Bank of Korea...

Asian Currencies Stabilize as Dollar Holds Gains Amid Trade Tensions
Mar 13, 2025 09:16 am UTC| Economy
Asian currencies saw slight gains on Thursday after recent losses, but market sentiment remained cautious due to rising global trade tensions and fears of a U.S. recession. Meanwhile, the dollar steadied following a mild...

Oil Prices Dip Amid Recession Fears, Rising Supply, and Trade War Concerns
Mar 13, 2025 09:15 am UTC| Economy
Oil prices edged lower in Asian trading Thursday, easing after a recent rebound as concerns over a potential U.S. recession and increasing production weighed on sentiment. Brent crude futures slipped 0.2% to $70.83 per...