Latest News, Updates & Breaking Headlines
File photo (Picture credit: AP) Asian stocks climbed on Tuesday, buoyed by growing expectations that the US Federal Reserve will cut interest rates in December, while crude prices steadied as traders balanced geopolitical uncertainty with forecasts of a softer oil market next year.As per Reuters, MSCI’s index of Asia-Pacific shares excluding Japan rose 1%, led…
File photo (Picture credit: AP) Asian equities began the week on a firmer footing as expectations for a US interest rate cut lifted sentiment across the region, even as oil prices slipped on progress in Russia-Ukraine peace efforts.Market confidence improved after New York Federal Reserve President John Williams indicated there was still “room for a…
Trump has imposed a 25% penal tariff on Indian exports because of its crude oil imports from Russia. (AI image) US President Donald Trump’s sanctions on two of Russia’s biggest oil majors – Rosneft and Lukoil – come into effect today – November 21, 2025 which was set as the wind-down deadline by the US…
Reliance Industries on Thursday announced that it stopped importing Russian oil for processing at its export-only refinery from November 20. The company, according to PTI, said that from December 1, all exports from its only-for-exports facility will be produced exclusively from non-Russian oil.This is a developing story. Source link
Oil market participants are intently monitoring India’s immediate and long-term acquisitions of crude oil. (AI image) As US President Donald Trump’s sanctions on Russian oil firms come into effect later this week, Indian refineries are already looking at the Middle-East for their crude oil supply. An increase in oil tanker bookings for Middle East-India routes…
Asian markets jumped on Thursday as strong earnings from Nvidia lifted sentiment and eased fears of an AI-driven bubble, even as investors tempered expectations for a December rate cut following signals from the US Federal Reserve. According to news agency AFP, Nvidia’s quarterly results and upbeat comments from CEO Jensen Huang — who said “we…
In October, China, India and Turkey collectively received about 90% of Russia’s crude exports. (AI image) US President Donald Trump’s sanctions on two of Russia’s major oil firms have finally hit the crude supply to India. As per latest data, the shipments of Russia’s crude oil have dropped drastically by 66% in November, as refineries…
File photo (Picture credit: AP) Asian markets fell on Tuesday as caution spread across global equities ahead of several delayed US economic releases and shifting expectations around the Federal Reserve’s next move. The weakness followed a tech-led slide on Wall Street overnight, with investors watching closely for Thursday’s September nonfarm payrolls report to gauge the…
File photo (Picture credit: AP) Asian markets started the week on a weak note, with investors turning cautious amid fading expectations of a US rate cut and rising concerns over stretched tech valuations. The uncertain mood also spilled over into cryptocurrencies, with bitcoin briefly dipping below its end-2023 level.As per news agency AFP, traders are…
Bangladesh witnessed a series of crude bomb explosions in Dhaka on Sunday, police confirmed to Reuters, heightening tensions across the capital ahead of Monday’s verdict in a case against former Prime Minister Sheikh Hasina over alleged violence during last year’s street protests.No casualties were reported, but the incidents added to the anxiety already gripping the…
