Companies & Markets
Retail oil traders spark ETF boom amid institutional slump
[NEW YORK] Anthony Sandford knew it was time to jump back into the energy sector when US war planes first cast shadows over Tehran in late February.
Why a strike on Iran’s Kharg Island would shake oil markets
[CAPE TOWN] Iran’s oil exports hinge on a small outpost in the Persian Gulf: Kharg Island, the loading point for almost all of the country’s crude shipments.
US begins emergency oil reserve release of 86 million barrels
[WASHINGTON] The Trump administration started the process of a mammoth drawdown of the US emergency oil reserve, issuing a request to exchange 86 million barrels of crude oil.
Iran oil hub strike raises risk of further disruptions to supply
[SINGAPORE] The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic, as well as global supplies in a market already rocked by the two-we...
STRAIGHT TO YOUR INBOX
Start and end each day with the latest news stories and analyses.
European shares log second week of losses as Middle East war fuels inflation fears
[BENGALURU] European shares extended their declines on Friday (Mar 13) and marked their second consecutive weekly loss, as the escalating conflict in the Middle East and inflation worries dented risk ...
GE Vernova, Hitachi to explore South-east Asia for small reactors
[TOKYO] GE Vernova and Hitachi agreed to explore opportunities to deploy small modular nuclear reactors in South-east Asia.
In Depth: Secretive hedge fund at centre of Hong Kong insider-trading probe
A late-winter chill hung over Hong Kong on the afternoon of Mar 11, but in the city’s financial circles the mood was turning feverish. Rumours spread quickly: A Chinese investment bank was in trouble.
Brent crude closes above US$100 for second straight session
[NEW YORK] Brent crude settled above US$100 a barrel for the second straight session, ending the day at the highest level in more than three years as the conflict in the Middle East drags on and world...
Wall Street drops, set for weekly loss as war on Iran fuels inflation worries
[NEW YORK] Wall Street was lower on Friday (Mar 13) as investors monitored developments in the war on Iran and their potential effects on the global oil supply, nearing the end of a week in which mark...
Demand for analysts grows as equities market gains momentum: industry players
The hiring push comes as regulatory initiatives are rolled out to boost coverage of small and mid-cap stocks