By Leika Kihara TOKYO, April 8 (Reuters) – Japan saw corporate bankruptcy cases rise for the fourth straight year in fiscal 2025 and may see further increases from around summer this year as surging …
2 years ago, Saudi Arabia quietly canceled the ‘petrodollar’ deal with America that wired the world economy for 50 years. Then war broke out in Iran
The ongoing conflict in the Gulf, however, has newly exposed the weakness of the petrodollar. Following the first U.S.-Israeli attack, Iran effectively closed the Strait of Hormuz, through which 20% …
Oil prices plunge after US announces ceasefire with Iran
Global oil prices fell sharply to around US$93-96 per barrel after the US and Iran agreed to a temporary ceasefire, easing market tensions.
How Pakistan helped secure a fragile ceasefire between the US and Iran
Pakistan has a historic relationship with Iran, but an agreement was far from certain, writes the BBC’s Caroline Davies …
How Pakistan brokered Iran-US two week ceasefire: Inside the ‘Islamabad Accord’ push
March, very few expected Pakistan to intervene as it did. But over the weeks that followed, Islamabad slowly moved into the centre of the crisis, and by early April, it had become the main line of …
India’s central bank holds benchmark policy rates as Iran war raises inflation risks
India’s central bank needs to weigh growth risks and inflation pressures from the Iran war as higher energy costs and supply disruptions mount.
Pakistan PM’s X Post Laying Groundwork for Ceasefire Shows Extremely Odd Edit Suggesting It Was Written For Him
Pakistan Prime Minister Shehbaz Sharif’s social media post that laid the groundwork for Tuesday’s two-week pause of U.S. attacks on Iran contained an odd edit, suggesting the announcement was written
Iran’s Ambassador to Pakistan Cites ‘Step Forward’
After President Trump agreed to a two-week ceasefire if Iran immediately opened the Strait of Hormuz, Iran’s ambassador to Pakistan said there has been “a step forward” from a “critical, sensitive stage.
Why Kharg Island is a critical region in the US–Iran war
Ahead of Iran’s looming deadline to reopen the Strait of Hormuz, Yahoo Finance Breaking News Reporter Jake Conley breaks down the current state of the conflict, highlighting how Kharg Island sits at …
Oil prices plunge and US stock futures jump after Trump holds off on Iran threats for 2 weeks
Oil prices plunged and U.S. stock futures jumped after President Donald Trump said he would hold off on his threat of devastating attacks on Iran for two weeks if the Iranians agree to allow ships to …