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Rio Tinto Calls Time on Diamond Business as Last Mine Closes

Rio Tinto Group has dug its last diamond and will close its final mine for the precious gemstone, marking the end of a business that lasted more than half a century.

Four firms in UP Defence Corridor project lose land allotment over investment default

Octopus boss: We've seen a 50% rise in solar panel sales since start of Iran war

The UK giant is optimistic but chief executive Greg Jackson tells the BBC he is making contingency plans.

Bond Boom in Indonesia Stymied by Oil-Driven Inflation Risks

Indonesia’s local credit market is coming under strain as the Iran war drives oil prices higher, stoking inflation risks, accelerating capital outflows and sharpening concern over the country’s creditworthiness.

Singapore Bonds Show Resilience as Iran War Roils Regional Peers

Singapore’s front-end bonds have emerged as a regional refuge amid the Iran war, outperforming Southeast Asian peers. Market watchers expect the trend to continue.

Lynas to Develop Rare Earths Metal Production Plant in Vietnam

Lynas Rare Earths Ltd. will join forces with South Korea’s LS Cable & System Ltd. to explore development of a rare earths metals production plant in Vietnam.

Oil volatile as Iran lays out own terms to end conflict

Tehran rejects reports of US talks, while White House says ‘elements of truth’ to Washington offering peace plan

Meituan Hedges Get Costly as Price Wars Make Investors Cautious

Meituan’s stock price jump on Wednesday came with a rise in protection costs, highlighting investor unease ahead of earnings that may show a big hit from stiff price competition.

Blackstone’s Caplan Sees Low Private Credit Default Levels

Blackstone Inc.’s Kenneth Caplan said he’s seeing low levels of defaults within his firm’s private credit portfolio as scrutiny grows amid ructions in the $1.8 trillion industry.

California sues over Trump administration bid to restart offshore oil operation

California on Monday sued the Trump administration to block it from using a Cold War-era national emergency law ordering Sable Offshore to restart its offshore oil operation to link to refineries in the Golden State. Attorney General Rob Bonta (D) told reporters at a press conference that “it&...

Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran

Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.

Polymarket opens pop-up bar for in person bets - but its first night was a bust

Polymarket’s ‘Monitoring the Situation’ bar was a three-day pop-up event in Washington, D.C.

Vanguard's Wrzesniewsky: Credit Holding on Pretty Well

Vanguard Head of Fixed Income Client Portfolio Management Matt Wrzesniewsky discusses bonds losing more than $2 trillion as the war in Iran continues to cause ripples through markets. He talks with Katie Greifeld and Romaine Bostick on “The Close.” (Source: Bloomberg)

Gold Steadies as Investors Weigh Outlook for US-Iran Peace Talks

Gold steadied after a two-day recovery, as traders weighed conflicting statements from the US and Iran about negotiations to end the war in the Middle East.

Port Arthur LNG Facility Sells $2 Billion Private Debt

A plant that liquifies and exports natural gas from the Gulf Coast of Texas has sold $2 billion of bonds, according to a spokeswoman.

Asian Stocks to Rise with US-Iran Talks in Focus: Markets Wrap

Asian equities were set to drift higher Thursday after gains for US stocks and bonds, as traders weighed the viability of US-Iran ceasefire talks.

Oil Rises as US and Iran Differ on Possible Routes to End War

Oil climbed as the US and Iran offered conflicting comments on efforts to end the war that’s shuttered the Strait of Hormuz and stoked concerns of a global energy crisis.

Asia Is Getting Crushed Between Oil Prices and the Dollar

From India to Southeast Asia to South Korea, currencies are crumbling as governments race to secure fuel that is priced in American money.

Japan Posts Longest Streak of First-Day IPO Flops Since 2020

Japan’s run of struggling stock market debuts has stretched to the longest in six years, another sign of investor sentiment being shaken by the war in Iran.

Have enough fuel stocks, don't believe rumours, says govt

Government and major oil companies have strongly refuted rumors of petrol and diesel shortages, urging the public to avoid panic buying. Officials confirmed ample fuel stocks nationwide and assured citizens that there are no impending price hikes.