No 1970s but oil shock still hits consumers, businesses
A sign saying “Sorry, No Petrol” on the forecourt of a BP service station during a fuel shortage…
The method in Iran’s madness? Closure of Strait of Hormuz echoes a centuries-old Danish play − and is a tragedy for the world order
More than two months into the war in Iran, navigation through the Strait of Hormuz – the key…
ECB forecasters slash growth and raise inflation outlook as energy shock bites
ECB professional forecasters have raised eurozone inflation expectations to 2.7% for 2026 while cutting growth forecasts to 1.0%,…
Hotel bookings sink — airlines and tourism hit by oil crisis
Middle Eastern carriers have cut more than half of their flights, slowing arrivals from Europe. Go Vacation, a…
Japan’s rice warehouse stockpile rate hits record high as consumers, restaurants reject high prices
Consumers showing little sympathy for rice sellers as eating habits and supply chains change. Rice is supposed to…
Will Hong Kong’s lending clampdown wean helpers off debt – and save their dreams?
Anna, a domestic helper from the Philippines, had managed her finances well until she took out two loans…
Australia news live: Craig Silvey books permanently removed from WA public school curriculum; Canva fined by corporate regulator | Australia news
Craig Silvey’s books permanently removed from WA public school curriculumIma Caldwell Books by Western Australian author Craig Silvey…
UK 30-year borrowing costs hit highest since 1998 amid oil price surge and political uncertainty – as it happened | Business
Closing summary Time to wrap up… The UK government’s long-term borrowing costs have hit their highest level since…
Banks reject 91% of e-bike requests
ISLAMABAD: Commercial banks have shown little enthusiasm for the prime minister’s scheme to deliver subsidised electric bikes, approving…
RBNZ says financial system resilient but Middle East conflict to slow recovery
New Zealand’s central bank says its financial system is resilient and banks can withstand significant shocks, but warns…
‘Borrowing costs hit 28-year high’ and ‘Come cry with me’
The upcoming local elections on Thursday and jet fuel shortages dominate Wednesday’s papers. Long-term borrowing costs have hit…
Energy shock hits road freight as logistics volumes drop up to 20%, federation says
Thailand’s road freight and logistics activity has fallen by an estimated 15-20% from a year earlier as high…