Ringgit ends lower as investors await US inflation data amid West Asia tensions
KUALA LUMPUR, July 14 — The ringgit ended lower against the US dollar on Tuesday as investors stayed…
China’s Refinery Runs Crash to Pandemic Lows as Crude Imports Collapse
Chinese refiners further slashed crude processing in June, with volumes crumbling to the pandemic lows of 2020 amid…
Hormuz tensions: Malaysia assures adequate fuel supply until December, says economy minister
KUALA LUMPUR, July 13 — Malaysia’s fuel supply remains stable and adequate despite fresh strikes from the United…
Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
China’s demand for crude oil is expected to peak in the coming years, a scenario set to further…
Türkiye says disinflation back on track as June price growth eases
Türkiye’s annual inflation cooled in June after two months of faster price growth linked to the fallout from…
Open Questions | Economist Richard Koo on China and Japan’s shared ‘battle against time’
Nomura Research Institute chief economist Richard Koo is well-known for his “balance sheet recession” interpretation of Japan’s economic…
SpaceX stock craters, hundreds of billions wiped out as AI scepticism hits Wall Street
HONG KONG, June 23 — Asian equities fluctuated Tuesday following a tech-led sell-off on Wall Street as investors…
China’s green exports to the US surge as AI boom, Iran war lift demand
China’s exports of green-energy and battery products to the United States have accelerated amid demand in America’s fast-expanding…
Dollar firms as cracks emerge in peace deal, pound dips on Starmer uncertainty
By Ankur Banerjee SINGAPORE, June 22 (Reuters) – The dollar was firm on Monday as uncertainty clouded a…
Energy Sector Faces Long Recovery Despite U.S.-Iran Breakthrough
Oil refinery flare ©Adobe Stock Images Oil prices fell sharply after the United States and Iran unveiled a…
Strait of Hormuz Shipping Traffic Remains Below Pre-War Levels
Shipping traffic through the vital Strait of Hormuz continues to fall far short of pre-conflict levels, despite a…
Thanks to Trump’s Iran War Disaster, Fossil Fuel Industry to Enjoy $700 Billion Windfall in 2026
US President Donald Trump’s war with Iran may finally be reaching a close. But consumers and businesses around…