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Govt may have to ‘unfreeze’ fuel prices amid global surge
• Targeted subsidy for two-, three-wheelers on the anvil• Jet fuel, kerosene prices rise quietly, but dramatically• Rising jet fuel costs push up domestic, international fares by 30-40pc• Passenger volumes on Gulf routes drop; Europe-bound travellers face limited routes, exorbitant prices• Exporters...
Turkey’s biggest private bank plans Hong Kong entry amid Middle East tensions: sources
Turkey’s largest private bank plans to set up a Hong Kong office, according to sources familiar with the matter, in a move that underscores the city’s role as a gateway for lenders seeking to connect China and Asian markets with the Middle East. Turkiye Is Bankasi’s board approved the Hong Kong expa...
ITC, Tata Power & more: Top stocks to watch for today
Analysts are bullish on Fractal Analytics and Tata Power, citing strong growth prospects and positive developments. UBS maintains a buy on ITC, expecting it to beat expectations despite pricing strategy impacts. However, Nuvama and Kotak Institutional Equities express caution on Coal India and Power...
Today's Market Action Looks Like Relief Rally: Principal Asset Management
Todd Jablonski of Principal Asset Management says "today's price action certainly looks like a relief rally." He adds that investors appear to be "growing in confidence that there is an end in sight to high energy prices, and perhaps geopolitical tensions can take a backseat to stock fundamentals."...
US government to pay French energy company $1 billion to 'kill' a project?
The Trump administration is paying $1 billion to TotalEnergies to abandon U.S. offshore wind leases, redirecting funds to domestic oil and gas projects. This move, criticized by North Carolina's governor, aligns with the administration's pro-fossil fuel agenda, despite the company's continued offsho...
Hong Kong’s CK Hutchison expands Panama ports claim as losses ‘surpass’ US$2 billion
A subsidiary of Hong Kong conglomerate CK Hutchison Holdings has expanded international arbitration claims against Panama, alleging damages have “escalated beyond US$2 billion” in what it has described as an “unlawful takeover” of ports and property. The expanded claims, announced on Tuesday local t...
Trump approval sinks to 36% as fuel prices surge amid Iran war
Poll shows rising discontent over cost of living, declining support for US strikes
Adolescence star scoops major awards at RTS Programme Awards
Adolescence teen-star Owen Cooper bagged two more awards at the 2026 Royal Television Society Programme Awards took home four prizes on the night. The show’s 16-year-old star, Owen Cooper, bagged two awards, winning both breakthrough and supporting actor in the male categories for his role as teenag...
Vingroup’s Hospitality Arm Seeks $300 Million in Private Debt
The hospitality unit of Vingroup JSC is seeking a private credit loan of as much as $300 million for refinancing, people familiar with the matter said, the latest in a series of borrowings raised by the Vietnamese conglomerate.
Stocks rise, oil retreats on Mideast ceasefire reports
Brent crude sheds 5% to near $99 a barrel as reports of US peace proposal lift cautious hopes across global markets
Govt proposes optional multi-tariff system for industries
Power division to consult stakeholders on ToU pricing model aimed at efficiency, cost reduction
China consumer stocks jump on strong earnings, but analysts warn of limited recovery
Major Chinese consumer stocks listed in Hong Kong rose sharply following strong full-year earnings, though analysts said the results did not point to a broad recovery in the consumer market but rather highlighted structural divergence and new growth drivers in mainland China consumption. Bubble tea...
Japan's cherry blossom picnics feel the pinch of global inflation
Private think tank index shows hanami food, drink costs have surged 25% since base year of 2020
New Zealand Has No Appetite for Unaffordable Responses to Shock
New Zealand will adopt a careful approach to the fuel crisis because it doesn’t have the fiscal headroom for unrestrained spending to ease the pain of higher pump prices, according to Finance Minister Nicola Willis.
NZ Fin Min Willis on Economic Outlook Amid Iran War
Nicola Willis, New Zealand’s Finance Minister, said she still expects the economy to grow, though at a slower pace, due to the impact of the ongoing Middle East conflict. She noted that higher fuel prices will affect local businesses as well as the broader economy. She speaks with Haidi Stroud Watts...
Australia’s Inflation Was Elevated Before War-Driven Oil Shock
Australian inflation remained elevated in February, even before the Iran war disrupted Middle East energy supplies and sent the cost of gasoline soaring, highlighting persistent price pressures in the economy.
Cathay’s European services could offset Middle East losses, experts say
Hong Kong flag carrier Cathay Pacific Airways’ extended suspension of its Middle Eastern flights is likely to have a limited financial impact on its passenger operations as its expanded European services should help offset losses, aviation experts have said. But they warned of broader effects on its...
Aditya Birla & TOI Groups, Bolt Ventures and Blackstone acquire RCB for $1.8bn
A consortium including Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone has agreed to acquire Royal Challengers Bengaluru for $1.78 billion. The deal, subject to regulatory approvals, will see Aryaman Vikram Birla as chairman and Satyan Gajwani as vice-chairman post-IPL 20...
Philippines declares ‘national energy emergency’ and boosts coal power as Iran war grinds on
President’s declaration allows officials to tackle fuel hoarding or profiteering, while energy secretary says country will lean more heavily on coalMiddle East crisis – live updates Philippine President Ferdinand Marcos has declared a state of “national energy emergency” as a result of the Middle E...
China Emerges as Debt-Funding Hub for Foreigners During Iran War
Yuan bond issuance by foreign borrowers has surged in mainland China this month, eclipsing the momentum of such fundraising offshore and highlighting the appeal of a vast local market less affected by the Iran war.