Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears 
Goldman Sachs Sees Value in European Real Estate Stocks Despite Sharp Selloff 
Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected 
U.S. Dollar Posts Strong Monthly Gain Amid Middle East Conflict Despite Late Dip 
Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes 
Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes 
Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction 
Asian Currencies Hold Steady Amid U.S.-Israel-Iran Tensions and BOJ Signals 
Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms 
U.S. Trade Rep Dismisses WTO's Future Role After Failed Cameroon Summit 
Oil Prices Climb as Middle East Conflict Keeps Supply Risks Elevated 
South Korea's $17.3 Billion Emergency Budget Targets Oil Price Surge 
Bessent: Global Oil Market Well Supplied as U.S. Eyes Hormuz Navigation Control 
Oil Prices Dip as Trump Eyes Iran De-escalation, Hormuz Closure Persists 
Dollar Surges to Nine-Month High as Middle East Tensions Drive Safe-Haven Demand 
Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict 
Asian Stocks Mixed in March 2026 Amid Iran War Fears and Tech Selloff 
Xi Jinping Congratulates Trump on 2024 Election Win
Chinese President Xi Jinping extended congratulations to Donald Trump following his victory in the 2024 U.S. presidential election, according to a report from Chinese state media Xinhua.
Diplomatic Communication Between Xi and Trump
A Chinese foreign ministry spokesperson had offered similar congratulations on Wednesday. Reports from CNN also indicated that Xi and Trump held a phone conversation, where the Chinese leader emphasized the importance of strengthening communication between the two nations.
Calls for US-China Cooperation Amid Tensions
In his statement, Xi highlighted the need for a new era of cooperation between China and the United States. He stressed the importance of managing differences appropriately while fostering mutual collaboration on various global issues.
Potential Trade War Concerns
Despite Xi’s conciliatory message, Trump’s campaign rhetoric raised concerns about future trade relations. Trump had threatened to impose tariffs of up to 60% on Chinese imports, a move that could reignite a trade war between the world’s largest economies.
