Premier Li pitches China as steadier partner at China Development Forum
China told multinational executives it will promote balanced trade and address surplus concerns during a tariff truce with the US.
2 min read
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Fresh coverage on the economy, markets, and the forces moving money.
Oil spike rattles markets; Brent at $112 and 10-year yield at 4.39%
US stocks and bonds fell as Brent oil settled at $112.19 and the 10-year Treasury yield rose to 4.39%, while gold slid more than 10% for the week.
3 min read
U.S. Treasury lifts sanctions on Iranian oil cargoes through April 19
The Treasury Department temporarily lifted sanctions on Iranian oil at sea, letting cargoes loaded by March 20 sell to most countries through April 19.
1 min read
Strait of Hormuz traffic grinds to a halt amid Iranian attack threat
Trump warned he would target Iranian power plants unless Iran fully opened the Strait of Hormuz within 48 hours.
1 min read
Middle East conflict hits March PMI forecasts worldwide
March PMIs are expected to slip as the Middle East conflict lifts energy costs and weakens business sentiment.
2 min read
Iran war: markets signal inflation fears, not a safe-haven rush
Brent crude settled at $112.19 a barrel, the 10-year Treasury yield hit 4.39% and the S&P 500 fell 1.51% as markets weighed oil-driven inflation.
2 min read
Strait of Hormuz closure sends oil to post‑Ukraine highs
The U.S.-Israeli conflict with Iran choked Persian Gulf shipments and closed the Strait of Hormuz. Global oil prices jumped to levels not seen since 2022.
1 min read
U.S. and Israel launch most intense airstrikes inside Iran
The United States and Israel launched intense airstrikes inside Iran. Oil spiked near $120 a barrel and global markets rallied and fell in response.
2 min read
Iran conflict pushes oil prices to highest since mid-2022
Iraq cut output by more than two-thirds. U.S. average gasoline rose to about $3.54 per gallon, up 21% from a month ago.
1 min read
Markets swing after reports of US plan for major operation inside Iran
Reports of a planned U.S. operation inside Iran drove crude into a violent swing and pushed U.S. equities lower.
1 min read