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Watch Military Assets, Not Words, on Iran War: Professor
Robert Pape, Professor of Political Science at the University of Chicago, says that movements of military assets provide a clearer picture of Trump's intentions in the Iran war than shifting public statements of intent. (Source: Bloomberg)
Real Chance of Prolonged Iran Conflict: UBS Analyst
UBS Global Wealth Management CIO Dominic Schnider tells Bloomberg TV that markets may be complacent in pricing in the risk of a prolonged conflict involving Iran and its impact on global energy security. (Source: Bloomberg)
Japan begins tax increases to bankroll record US$8 billion military build-up
Japan on Wednesday raised tobacco and corporate taxes to finance a boost in defence spending, with income tax hike set to follow in 2027 as the government projects the tax increases will add some 1.3 trillion yen (US$8 billion) annually in revenue. As the security environment surrounding Japan deter...
Copper Rises as Trump Floats Timeline for US to End Iran Attacks
Copper rose more than 1% after US President Donald Trump said the war on Iran could end within two to three weeks, sparking a relief rally for riskier assets battered by global growth fears.
Aditya Birla Trading Arm Beefs Up Iron Ore Desk in Asia
Aditya Birla Global Trading is expanding its iron ore trading team in Singapore, adding two hires to its growing steelmaking materials desk.
‘There’s No Other Choice’: War-Hit Asian Buyers Grab Russian Oil
Energy-starved Asian nations are taking advantage of US sanction waivers to buy Russian oil to fill gaps caused by the Iran war.
Australia Passes Law to Trade, Stock Fuel Alongside Rare Earths
Australia’s parliament passed legislation empowering the country’s export credit agency to physically buy, stockpile and sell fuels alongside critical minerals including rare earths, as the country suffers energy shortages triggered by the Middle East conflict.
Woodside Says North West Shelf Back Online After Cyclone Impact
Woodside Energy Group Ltd. said liquefied natural gas and domestic gas production has restarted at its North West Shelf facility in Australia after a disruption by Severe Cyclone Narelle late last week.
RBI’s FX Curbs Jolt Indian Bonds, Bank Stocks, Offshore Dollar Market
Hedging rupee weakness offshore is less viable for foreign investors.
Trump says US could withdraw from Iran ‘whether we have a deal or not’
US president signals growing impatience with a war that has sent energy prices spiralling
Australia PM to Address Nation as Iran War Pushes Oil Higher
Australian Prime Minister Anthony Albanese will deliver a rare national address on Wednesday evening, setting out the government’s response to the Iran war, which has disrupted energy supplies and driven up global oil prices.
Asia stocks jump after Trump suggests Iran war could end in weeks
The price of Brent crude oil to be delivered in May rose by a record 64% in March as the conflict disrupted energy supplies.
A Strictly podcast, Comic Relief and Eurovision: What Scott Mills did at the BBC 'while police investigated him'
In July 2018, the DJ was reportedly questioned over allegations of historic 'serious sexual offences against a teenage boy'.
Japan Shares Climb as Trump’s Iran Comments, Tankan Boost Mood
Japanese shares rebounded after Donald Trump signaled the US aims to end its war with Iran within the next three weeks. Better-than-expected results from Japan’s Tankan business survey also boosted sentiment.
Subprime Lender Goeasy Sees Elevated Writeoffs Before Business Improves
Subprime lender Goeasy Ltd., which surprised investors weeks ago with a surge of bad debts in its vehicle financing business, said it expects loan writeoffs to remain elevated for a while before getting better later in the year.
Indonesia Offers Three-Year Timeline to Lift Public Float to 15%
Indonesia will give some listed firms up to three years to raise their public float to at least 15% as part of reforms to boost transparency.
Asia Manufacturing Holds Up But Cracks Show as War Lifts Prices
Manufacturing across much of Asia expanded in March, with activity improving in South Korea, Malaysia and Thailand, even as other economies saw the impact of energy supply disruptions from the US-Israeli war on Iran that have pushed oil prices higher.
Drivers sent Easter bank holiday weekend warning as petrol prices continue to rise
Drivers are being warned to avoid filling up at peak times as fuel prices show signs of rising again ahead of increased Easter travel demand, with petrol already up 20p
Singapore Home Prices Rise at Slower Pace Despite Ongoing Boom
Singapore private home prices are set to rise at a slower pace in the first quarter of the year, despite continued demand for new homes in the city-state.
India’s Rupee Seen Sliding to 100 per Dollar as Oil Prices Surge
India’s rupee may weaken to a record 100 per dollar or beyond if the Iran war drags on, with strategists warning that authorities’ efforts to slow its roughly 10% drop over the past year may only provide temporary relief.