International
US, Iran weigh peace plan as Trump’s ‘hell’ warning nears deadline
Proposal sees comprehensive agreement within 15-20 days, source says; regional violence continues, with high casualties and attacks on energy infrastructure
JPMorgan CEO Jamie Dimon warns Iran war may drive inflation and interest rates higher
Dimon highlights major risks, citing wars in Ukraine and the Middle East alongside China tensions
India FX cap softens pressure on rupee even as offshore influence lingers: Axis Bank director
The RBI has ‘effectively broken’ the direct link between the onshore and offshore markets, says Neeraj Gambhir
US crude premiums climb to record levels as Asia, Europe compete for supply
The jump in crude prices is driving up costs and widening losses for refiners on both continents
Indonesia to let airlines increase fuel surcharges as aviation costs soar
Aviation fuel prices have surged about 70% in Indonesia, triggered by the Iran war
Indonesia ownership warning spurs sell-off in tycoon-linked firms
Regulators speed up reforms to avoid an MSCI frontier market downgrade and foreign fund outflows
Indonesia to allow airlines to raise fares by up to 13%
The policy would be in effect for the next two months and is subject to further evaluations
AirAsia X fares jump 40% due to Iran war; CEO calls it ‘the most critical challenge’
This comes as jet fuel costs doubles, from US$90 a barrel to about US$200
BOJ warns of economic hit from Middle East conflict
It says that firms in several regions are feeling the strain from rising input costs and disruptions in raw material supplies
China issues e-commerce guidance after EU lawmakers’ visit
The Asian nation’s new guidance for its sector is jointly issued by various ministries and regulators
