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Fuel pain ahead: Thailand warns diesel prices will follow market
BANGKOK, March 24 — The Thai government can no longer sustain diesel price controls amid a prolonged global energy crisis, according to Deputy Prime Minister Ekkanit Nitithanprapas. Ekkanit, who is also the finance minister, said the government would have to
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Core consumer prices in Japan slow as govt moves to curb energy costs
TOKYO, March 24 — Japan’s core inflation slowed to 1.6 percent in February, government data showed Tuesday, although it could soon rise again as the Middle East war sparks surges in oil prices. The year-on-year rise in consumer prices, which
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Jealous much? US car buyers eye affordable, tech‑loaded Chinese EVs, yet politics keep them off American roads
DETROIT, March 23 — Sooren Moosavy wants to buy an affordable electric car in the US, motivated by environmental concerns and a preference for the EV’s smoother ride. But the 28-year-old Baltimore resident’s search has brought him to a trio of
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Gold loses shine: Prices plunge 23pc as Iran conflict rattles markets, silver halves
LONDON, March 23 — Gold and silver prices continued to see sharp losses on Monday, with bullion failing to act as a traditional safe haven amid the Iran conflict, reported German Press Agency (dpa). Spot gold fell about four per
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Dollar rises as Middle East tensions spark flight to safe-haven assets
TOKYO, March 23 — The dollar rose today as escalating retaliatory threats in the Middle East conflict curbed risk appetite and lifted demand for safe-haven assets. The Australian dollar, a liquid proxy for global sentiment, slid as equities sold off
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Cambodia LPG supplier halts sales over Middle East supply disruptions
PHNOM PENH, March 23 — A major Cambodian energy supplier will halt sales of liquefied petroleum gas (LPG) from April 1 after supply disruptions linked to the Middle East conflict. Sokimex said it would “temporarily suspend the supply of LPG
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Oil prices spike as Trump gives Iran 48-hour ultimatum over Strait of Hormuz
TOKYO, March 22 — Oil prices rose early Monday after US President Donald Trump gave Iran a 48-hour ultimatum to reopen the Strait of Hormuz or face strikes on its energy infrastructure, while Israel warned its war effort could continue
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What is a US-China ‘Board of Trade’ and how would it shape bilateral commerce?
WASHINGTON, March 23 — As Washington and Beijing mull a new mechanism to adjust trade between the world’s two largest economies, some analysts warn that it could interfere with market forces, while others consider it a path to smoother coexistence.
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BIS economist Shin Hyun‑song, who warned of the 2008 global financial crisis, named Bank of Korea governor
SEOUL, March 22 — South Korean economist Shin Hyun-song, best known for predicting the 2008 Global Financial Crisis, was named today to head the central bank, facing inflation risk from the Iran war and uneven growth in Asia’s fourth-largest economy.
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China’s premier vows to expand global ‘trade pie’, warns rules‑based order under strain
BEIJING, March 22 — China’s number two leader Li Qiang said today that his country was willing to help expand the global “trade pie” by further opening up, state media reported, while he slammed unilateralism from certain countries. Many of
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