
The strikes on Iran show why quitting oil is more important than ever
Mar 02, 2026 06:56 am UTC| Insights & Views Economy
As Israel and the United States strike Iran, global oil markets are on edge. Oil prices have begun rising even before any disruption to supply. Oil traders are factoring in the possibility the Strait of Hormuz might close....

Global Markets React as Dollar Surges, Swiss Franc Rallies After U.S.-Israel Strike on Iran
Mar 02, 2026 05:08 am UTC| Economy
Global currency markets swung sharply on Monday as investors rushed toward safe-haven assets following U.S. and Israeli airstrikes on Iran that reportedly killed Supreme Leader Ayatollah Ali Khamenei. The escalating Middle...

PBOC Scraps Forex Risk Reserve as Yuan Rally Pressures Chinese Exporters
Mar 02, 2026 05:04 am UTC| Central Banks Economy
Chinas central bank has stepped in to curb the rapid rise of the yuan, signaling growing concern over the currencys sharp appreciation against the U.S. dollar. The Peoples Bank of China (PBOC) announced it will remove the...

ASX CEO Exit Signals Turbulent Transition Amid Lawsuit and Regulatory Scrutiny
Mar 02, 2026 05:03 am UTC| Economy
The Australian Securities Exchange (ASX) is preparing for a leadership transition at a critical time, as outgoing CEO Helen Lofthouse announces her departure in May after 11 years with the company, including four as chief...

Argentina Tax Reform 2026: President Javier Milei Pushes Lower Taxes and Structural Changes
Mar 02, 2026 05:00 am UTC| Politics Economy
Argentine President Javier Milei has called for a sweeping overhaul of Argentinas tax system, emphasizing the need for lower taxes to stimulate economic growth. Speaking during the opening of the new congressional session...

Bank of Japan Signals Further Interest Rate Hikes as Inflation Trends Toward 2% Target
Mar 02, 2026 04:58 am UTC| Central Banks Economy
Bank of Japan (BOJ) Deputy Governor Ryozo Himino indicated that the central bank is likely to continue raising interest rates as it gradually transitions toward a more neutral monetary policy stance. Speaking at a meeting...

Asian Currencies Slide as US-Israel Strikes on Iran Trigger Oil Surge and Risk-Off Rally
Mar 02, 2026 04:35 am UTC| Economy
Asian currencies weakened sharply in Mondays trading session after the United States and Israel launched major military strikes on Iran, intensifying geopolitical tensions and sparking a global risk-off wave. Investors...