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US and Iran Wrangle Over Talks, No End in Sight (Video)

Turkish Oil Tanker Hit by Drones in Black Sea Near Istanbul

A Turkish tanker laden with crude oil was targeted by a drone attack in the Black Sea near Istanbul, NTV television reported.

Karachi’s largest wholesale medicine market reopened after brief seizure

Karachi’s largest wholesale medicine market has been reopened after a brief seizure by the Assistant Commissioner Hazim Bhangwar during a surprise operation. According to details, the sudden sealing of the biggest wholesale drug market in Karachi disrupted the supply of medicines not only in t...

PSX sheds over 5,000 points as profit-taking grips market

KSE-100 slips to near 153,300 level on broad-based selling pressure

Philippines Suspends Electricity Market to Prevent Price Surge

The Philippines suspended its wholesale electricity spot market on Thursday, the latest in a series of emergency measures meant to address energy supply risks and price volatility triggered by the Middle East conflict.

Oil prices rise higher as Iran denies US talks, dimming deescalation hopes

Brent crude tops $104 a barrel as hopes fade for deescalation in US-Israel war on Iran.

Ferrari flies personalised supercars to super-rich Middle East buyers

Premium manufacturers keep delivering to lucrative customers despite sea freight disruption

Donald Trump vs the oil market

US president appears to make abrupt policy pivots based on swings in crude prices

The spectre of stagflation

War in Iran threatens to hit growth and confidence, deepen governments’ unpopularity and hurt public finances

Bessent discussed ways to recast ties between Fed and Treasury in BoE’s image

Conversations come at time when Donald Trump has launched assault on US central bank

How a star client brought down a Big Law boss

Apollo’s Leon Black asked lawyer Brad Karp to settle a fee dispute with Jeffrey Epstein. It was the start of a years-long relationship

Stonepeak on Investing in Infrastructure

Mike Dorrell, Chairman, CEO & Co-Founder, discusses his outlook for investing in data centers and energy infrastructure. He speaks with Haidi Stroud-Watts from the sidelines of the Asia Pacific Financial & Innovation Symposium. (Source: Bloomberg)

India Turns to Non-Dollar Payments for Russian Oil Amid Rising Tensions — Reports

Indian refiners are increasingly using currencies other than the US dollar to pay for Russian crude, Bloomberg reported, as New Delhi moves to reduce exposure to shifting US policy and growing geopolitical uncertainty.

Roland Berger’s Depoux: China Is a Beacon of Stability

Denis Depoux, Global Managing Director at Roland Berger, says China is emerging as a beacon of stability at a time of heightened global uncertainty. He adds that Beijing’s charm offensive appears to be gaining traction, with Europe and Canada increasingly looking to partner with China. He speaks wit...

How the Iran War is Affecting the Shipping Industry

Raymond Peter, Managing Director at Bernhard Schulte Shipmanagement, says the company’s top priority is ensuring the safety of crew members on board its vessels as tensions linked to the war involving Iran continue to rise. He speaks on the sidelines of the APAC Maritime Conference in Singapore. (So...

Missiles & layering mines: How Iran is preparing to foil potential US bid to seize Kharg Island

Cambiaso Risso’s Bjork on Iran War Impact on Shipping Insurance

Amanda Bjork, Head of Claims at Cambiaso Risso Asia, says the risk level in the Strait of Hormuz is “very high.” The company is a global insurance and reinsurance broker specializing in marine and shipping risks. She spoke to "Bloomberg: The Asia Trade" from the sidelines of Asia-Pacific Maritime 20...

Malaysia's Orkim On Iran War Impact on Shipping

Sin Bi Cheah, CEO of Malaysian‑based Orkim Group, discusses the impact of the Iran war on the shipping industry. The company transports clean petroleum products and liquefied petroleum gas. He speaks with Paul Allen from the sidelines of 'Asia-Pacific Maritime 2026.' (Source: Bloomberg)

South Korea to Buy Back $3.3 Billion of Bonds to Curb Volatility

The South Korean government will conduct an emergency buyback of 5 trillion won ($3.3 billion) in sovereign bonds to stabilize markets amid heightened volatility linked to the Iran war.

US population growth falters as immigration falls

County-level census data shows that big cities are also being hit by domestic migration