Latest posts
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Hormuz Trade Will Take Months to Return to Normal, Analysts Say
Oil markets have reacted with enthusiasm to an interim agreement between US and Iran which should reopen the Strait of Hormuz and restore oil and gas flows — but that return to normality could be months away, analysts warn.
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What the US-Iran Peace Deal Means for the Strait of Hormuz
No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this energy can only be exported aboard tankers that cross the Strait of Hormuz — a waterway that’s effectively been closed…
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Here Are Winners and Losers from Pakistan’s $68 Billion Budget
Pakistan’s 18.8 trillion-rupee ($67.6 billion) budget, which includes lower taxes on sectors like cement and textiles, has lifted related stocks as the country seeks to balance growth with its International Monetary Fund commitments.
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LBMA Says Gold’s Status as a Safe Haven Still Holds
London Bullion Market Association CEO Ruth Crowell thinks the narrative of gold’s status as a safe haven still holds. She adds that it’s important to measure safe haven status in years rather than weeks or months. She speaks with Paul…
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Swiss Pragmatism Holds as Disputed Population Cap Rejected
Swiss voters opted to play it safe on Sunday, rejecting an unprecedented proposal to cap the country’s population at 10 million people as economic risks overcame elevated concerns about immigration.
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More Bank of England Officials Set to Back Hikes as Iran War Frays Unity
The Iran war produced an unusual sight on the Bank of England’s rate-setting panel: unity. Economists don’t expect it to last.
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Failed SpaceX IPO Allocation Prompts Korea to Widen Mirae Review
South Korea’s financial watchdog has expanded an inspection of Mirae Asset Securities Co. to examine the brokerage’s failure to secure an allocation of SpaceX shares in the company’s initial public offering, according to people familiar with the matter.
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US and Iran Reach Deal to Halt the War, Reopen Hormuz
The US and Iran reached an interim agreement to reopen the Strait of Hormuz, halting a war that killed thousands of people and setting the stage for negotiations on the fate of Iran’s nuclear program. Bloomberg’s Abeer Abu Omar has…
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US-Iran Peace Deal May Keep Rally in India Stocks, Rupee Going
The rupee has emerged as Asia’s best performer over the past month.
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SVB Energy’s Vakhshouri on the Outlook for Oil Prices
Sara Vakhshouri, founder of SVB Energy International, says the oil market has adapted to the Strait of Hormuz disruption and prices could fall to pre-war levels if the waterway “truly” reopens. She speaks with David Ingles and Yvonne Man on…
