Asia Economy
Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California. Justin Sullivan | Getty Images Danish shipping giant Maersk on Friday temporarily suspended two services linking the Middle East to Asia and Europe as the Iran war continues to disrupt global supply chains. The company, widely […]
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U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries
This photograph shows a page on the Marinetraffic website thats shows commercial ship traffic on the edge of the Strait of Hormuz near the Iranian coast on March 4, 2026. Julien De Rosa | Afp | Getty Images After slapping 25% “penalty” tariffs on India for buying Russian crude — revoked last month — the […]
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China dials down growth ambitions with decades-low target. Here’s why
A Chinese People’s Liberation Army (PLA) soldier stands guard in front of the National Museum of China in Beijing on March 3, 2025, ahead of the country’s annual legislative meetings known as the “Two Sessions.” Pedro Pardo | Afp | Getty Images China has set its lowest growth target in decades, acknowledging domestic challenges and […]
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Why the world’s top-performing stock market in 2025 is seeing historic volatility
TOPSHOT – Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on February 2, 2026. South Korea’s benchmark index Kospi tumbled more than five percent on February 2, in line with a sell-off across Asian markets amid fresh worries about an AI-fuelled tech rally that has […]
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Asia markets open lower, tracking Wall Street losses, as Iran conflict sends oil prices soaring
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets were lower Friday, tracking Wall Street losses overnight, as the Iran conflict sends energy prices higher. Overnight, oil prices broke through the $80 per barrel mark, with Brent futures up 3.54% […]
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BYD sales plunge in first two months of 2026 as EV giant loses more ground to competitors
NANJING, CHINA – MARCH 2, 2026 – New energy vehicles parked outside a BYD store in Nanjing, Jiangsu Province, China on March 2, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD lost ground to its domestic competitors over the first two months of the year, […]
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Inside India newsletter: Energy, airlines and now over $50 billion in remittances to India at risk as Middle East conflict deepens
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India can’t seem to escape from the fallout of the escalating conflict in the Middle East. A significant share of the country’s energy imports risk disruptions and its aviation […]
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Deflation and tariff-hit China sets lowest growth target on record at 4.5% to 5%
Xi Jinping, China’s president, center, attends the opening session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of People in Beijing, China, on Wednesday, March 4, 2026. Qilai Shen | Bloomberg | Getty Images China on Thursday set its GDP growth target for 2026 at 4.5% to 5% — the lowest […]
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Asia markets set to rebound after steep selloff; investors watch China’s ‘Two Sessions’
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets were set to open higher Thursday, rebounding after several days of steep losses as sentiment improved following overnight gains on Wall Street and easing concerns over surging […]
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Middle East conflict poses fresh test to central banks as oil shock fuels inflation
Pedestrians look out across the city skyline as they walk along the Tabiat bridge in Tehran, Iran, on Saturday, Aug. 4, 2018. Ali Mohammadi | Bloomberg | Getty Images A widening Middle East conflict has posed a fresh test for global central banks, as fears of an oil shock and renewed inflation risks complicate policymakers’ calculus […]
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