
Italy's Bond Market Under Pressure as Middle East Conflict Exposes Economic Fragility
Apr 13, 2026 05:20 am UTC| Economy
Italys financial vulnerabilities have come into sharp focus amid ongoing conflict in the Middle East, with surging energy costs and mounting political uncertainty weighing heavily on Italian government bonds. In March,...

Asia FX Slides as Dollar Surges Amid U.S.-Iran Tensions and Inflation Fears
Apr 13, 2026 05:19 am UTC| Economy
Asian currencies broadly declined on Monday as the U.S. dollar attracted safe-haven demand following the collapse of U.S.-Iran peace negotiations and mounting concerns over a potential American blockade of Iranian ports....

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions
Apr 13, 2026 04:18 am UTC| Economy
Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further
Apr 13, 2026 04:14 am UTC| Central Banks Economy
South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100
Apr 13, 2026 02:12 am UTC| Economy
Oil prices climbed sharply in early Asian trading on Monday, with Brent crude jumping 8% to $102.93 per barrel after President Donald Trump announced that the U.S. Navy would begin blockading the Strait of Hormuz. The move...

U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms
Apr 13, 2026 02:10 am UTC| Economy
U.S. stock index futures dropped sharply Sunday evening after ceasefire negotiations between Washington and Tehran broke down, raising fears of prolonged conflict and further disruptions to global energy markets. The...

Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions
Apr 13, 2026 01:53 am UTC| Politics Economy
Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...