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.

Around nine out of every ten barrels of Iranian crude oil is exported through Kharg Island, most of it bound for China.

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. 

The release, a coordinated effort with other nations, aims to lower prices of crude, gasoline, diesel and jet fuel, which have climbed dramatically since the US-Israel invasion of Iran.

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. 

The US bombed military targets on Kharg Island in the Persian Gulf, but spared oil infrastructure for now, US President Donald Trump said in a post on his Truth Social account.

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...

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The pan-European benchmark Stoxx 600 closed 0.5 per cent lower. All major regional bourses were in the red, posting marginal weekly falls.

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 ...

The companies will study possibilities for their joint venture to introduce their BWRX-300 small modular reactor to South-east Asian countries.

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.

The investigation has cast an unwelcome spotlight on a secretive hedge fund that has rapidly expanded its presence in Hong Kong’s equity market.

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.

Analysts and traders say that if Brent remains above the key psychological level of US$100 a barrel, it could add to mounting pressure on US President Donald Trump to end the war with Iran as energy costs soar.

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...

All three major US equity indices were lower on the day, with tech weakness weighing the Nasdaq down the most, and were on course for weekly declines.

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...

A solid grounding in accounting remains fundamental for equity analysts, and programming skills are becoming increasingly valuable, says Paul Chew of Phillip Securities Research.

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