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Business

Gulf markets fall oil $111: Saudi Stock Exchange trading board
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Gulf Markets Fall and Oil Tops $111 as Houthi Strikes Raise Regional Risk

Gulf markets fall oil $111: major Gulf stock markets fell in early trade on Thursday as fresh attacks on Saudi Arabia fuelled...

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Prabowo MSCI intimidation: President Prabowo Subianto speaking at a cabinet session in Jakarta
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Prabowo Accuses MSCI of Trying to Intimidate Indonesia After Market Rout

Indonesian President Prabowo Subianto has accused global index provider MSCI of trying to intimidate Indonesia, in his first public reaction to last...

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India coal plants low fuel: Rayalaseema thermal power station in India
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Half of India’s Coal Plants Run Critically Low on Fuel as Power Demand Surges

Half of India’s coal-fired power plants are running critically low on fuel, as surging electricity demand, hotter-than-usual weather and falling hydropower output...

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US Court of International Trade building in New York, where the Canada tariffs lawsuit was filed
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US Food Importer Sues to Block 50% Tariffs on Canadian Goods

A United States food importer has filed a Canada tariffs lawsuit seeking to block the Trump administration’s 50% duties on a wide...

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Indonesia stocks rebound: Jakarta Composite Index ticker boards flash red at the Indonesia Stock Exchange
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Indonesia Stocks Rebound After Record $82 Billion Rout as Jakarta Acts to Stem MSCI Downgrade Fears

Indonesia stocks rebound on Tuesday as authorities in Jakarta rushed in emergency measures to calm the market after a record two-day selloff...

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Future Investment Initiative panel session at Davos in the Desert in Riyadh, Saudi Arabia
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Saudi Arabia Postpones ‘Davos in the Desert’ Investment Summit to 2027 Amid Houthi Attacks

The “Davos in the Desert” postponed to 2027: Saudi Arabia has pushed its flagship Future Investment Initiative, the annual gathering of global...

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Tech stocks AI debt selloff — NASDAQ screen showing falling market values during Wall Street's AI-driven selloff
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Tech Stocks AI Debt Selloff Hits Wall Street as Waymo Heads to Canada, Oil Nears $110

The tech stocks AI debt selloff deepened on Wall Street this week as investors dumped artificial intelligence and technology shares over growing...

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AI stock selloff — KOSPI board at Korea Exchange
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Global AI Stock Selloff Hammers Hedge Funds as KOSPI Plunges to Six-Month Low

Global hedge funds suffered steep losses this week as an AI stock selloff hammered markets, with Asia-focused managers hit hardest and South...

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IMF headquarters in Washington DC — IMF Middle East economy warning
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IMF Middle East Economy Warning: Prolonged War Biggest Risk, Region Faces 1.3% Contraction

The International Monetary Fund has issued a stark IMF Middle East economy warning, saying a prolonged war in the Middle East and...

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Cargo ship carrying hybrid cars at sea — EU-China trade deal
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EU, China Strike Hybrid Car Trade Deal to Halve Exports

Beijing/Brussels — The European Union and China have reached a landmark trade understanding that could cut Chinese exports of hybrid cars to...

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