Asian Currencies Tumble as Indian Rupee Hits Record Low Amid Oil Market Turmoil

Mar 13, 2026 05:16 am UTC| Economy

Asian currencies came under broad pressure Friday, with the Indian rupee sliding to a historic low as global markets grappled with escalating energy disruptions tied to the U.S.-Israel conflict with Iran. The selloff...

Dollar Surges to Three-Month High Amid Iran War Crisis and Energy Shock

Mar 13, 2026 05:15 am UTC| Economy

The U.S. dollar climbed to its strongest level in over three months on Friday, marking its second consecutive weekly gain since the outbreak of war with Iran. As global markets buckled under geopolitical pressure, the...

Asian Markets Slide as U.S.-Israel-Iran Conflict Stokes Inflation Fears

Mar 13, 2026 05:12 am UTC| Economy

Asian stock markets declined broadly on Friday, as ongoing tensions from the U.S.-Israel war on Iran continued rattling investor confidence across the region. Fears that energy-driven inflation could push the Federal...

Global EV Sales Slump in February as China Records Steepest Decline Since COVID-19

Mar 13, 2026 00:22 am UTC| Economy

Global electric vehicle registrations dropped 11% in February, marking the second consecutive month of decline, according to data from Benchmark Mineral Intelligence (BMI). Worldwide sales barely cleared one million units ...

U.S.-China Trade Talks Head to Paris as Officials Push for Balanced Economic Relations

Mar 13, 2026 00:20 am UTC| Economy Politics

U.S. Treasury Secretary Scott Bessent is set to meet Chinese Vice Premier He Lifeng in Paris, France, from March 15 to 16, marking a significant step in ongoing efforts to stabilize the worlds most consequential bilateral...

China's Banks Shift Lending Focus to Tech and AI Amid Policy Push

Mar 13, 2026 00:17 am UTC| Economy

Chinas major banks are redirecting lending priorities toward technology and innovation-driven companies, responding to Beijings aggressive push to dominate artificial intelligence, semiconductors, and advanced...

Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears

Mar 13, 2026 00:07 am UTC| Economy Central Banks Politics

Bond markets are rapidly dialing back expectations for Federal Reserve interest rate cuts in 2025, as surging oil prices reignite inflation concerns and political pressure from President Donald Trump intensifies....