
Australia Bans Card Payment Surcharges Starting October 2025
Mar 31, 2026 03:36 am UTC| Central Banks Economy
The Reserve Bank of Australia has officially ended card payment surcharges, delivering long-awaited financial relief to millions of Australian consumers. Following an extensive public review, the RBA announced that...

Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks
Mar 31, 2026 03:34 am UTC| Central Banks Economy
South Koreas nominee for Bank of Korea (BOK) governor, Shin Hyun-song, emphasized the need for an adaptable monetary policy stance on Tuesday, citing escalating risks tied to the ongoing Iran war as the primary threat to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict
Mar 31, 2026 03:32 am UTC| Politics Economy
Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

WTO Ministerial Collapse Leaves Global Digital Trade Rules in Limbo
Mar 31, 2026 03:27 am UTC| Politics Economy
Four days of high-stakes trade negotiations in Yaoundé, Cameroon ended in deadlock during the early hours of Monday, as World Trade Organization member states failed to agree on a reform agenda or renew a...

U.S. Trade Rep Dismisses WTO's Future Role After Failed Cameroon Summit
Mar 31, 2026 02:38 am UTC| Politics Economy
U.S. Trade Representative Jamieson Greer declared on Monday that the World Trade Organization will play only a marginal role in shaping future global trade policy, following a contentious ministerial meeting in Cameroon...

Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control
Mar 30, 2026 12:59 pm UTC| Economy Politics
U.S. Treasury Secretary Scott Bessent reassured markets on Monday that the global oil supply remains stable, pointing to increased vessel traffic through the Strait of Hormuz as a key indicator of improving conditions....

Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes
Mar 30, 2026 12:57 pm UTC| Economy
Global aluminum prices shot up sharply on Monday, approaching levels not seen in nearly four years after Iranian missile and drone attacks caused significant damage to major smelting facilities across the Gulf region. The...