Iranian airstrikes have shaken Persian Gulf countries, undermining their reputations as havens of wealth and stability and forcing them to take sides in a war they opposed.
Sri Lanka hikes fuel prices by 8% to curb panic buying amid rising global oil prices
The move comes amid rising global crude oil prices, which recently crossed USD 100 per barrel for the first time in four years, driven by escalating tensions in West Asia ...
Comment: Oil at or above $100 per barrel threatens Indonesia’s Eid spending
By bno - Jakarta bureau Indonesia is heading towards the end of Ramadan, and Eid this year, under a massive cloud of economic stress. The real trouble started in the global energy markets, where crude ...
Mongolia urges rio tinto to rewrite terms of oyu tolgoi copper mine, FT reports
Mongolia is urging Rio Tinto to revise terms of the $18B Oyu Tolgoi copper mine deal, seeking lower interest rates and fees as reported by ...
‘Dubai feels as vibrant and welcoming as ever’ – Asian firms say, backing UAE market
Asian business leaders and financial networks say confidence in Dubai as a global financial hub remains strong despite rising geopolitical tensions in the region. Dubai has long attracted Asian ...
Uzbekistan’s Uzum valuation leaps over 50% in seven months to $2.3B
Uzum now reaches 20 million users and processes $11B in payments as it expands its e-commerce and fintech ecosystem across Uzbekistan.
JSCB Microcredit Bank Wins Best Corporate Bank Uzbekistan 2026 by Global Banking & Finance Review®
Global Banking & Finance Review® is pleased to announce that JSCB Microcredit Bank has been honoured with the prestigious Best Corporate ...
As U.S.-Israeli war with Iran intensifies, Trump says it is “very far ahead of schedule”
President Trump's assurances that a rising U.S. death toll and soaring energy prices will be temporary and worth the pain are failing to assuage jittery investors.
Oil prices fall sharply as Trump says Iran war is ‘short-term excursion’ that will end soon
After surging to four-year highs over concerns about the duration of the Iran war, oil prices have dipped on US president’s comments ...
Trump wanted India off Russian oil. His war with Iran is now undermining that goal
For much of last year, Washington sought to starve Moscow’s war machine of cash, in part by removing one of its most loyal customers: India.