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Search Result for “beirut airstrikes”

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BUSINESS

Middle East war: global economic fallout

AFP, Published on 08/04/2026

» PARIS — Here are the latest economic events in the Middle East war:

BUSINESS

Trump warns of 10% tariff for ‘Anti-American’ Brics policies

Bloomberg, Published on 07/07/2025

» US President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty into global trade as the US continues to negotiate levies with many trading partners. 

BUSINESS

Factbox: Airlines suspend Middle East flights

Reuters, Published on 26/06/2025

» Israel's strikes against Iran have prompted international airlines to halt flights to some Middle East destinations due to air space closures and safety concerns.

BUSINESS

Trade and Middle East Conflicts Drive Oil Prices 

Published on 25/06/2025

» From 1 April to 18 June 2025, ICE Brent crude oil prices declined by USD 5.68 per barrel compared to the previous quarter, averaging USD 69.28 per barrel. The drop followed an announcement by eight OPEC+ countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to increase crude oil production from April to July 2025. The additional output, which totalled 1.37 million barrels per day, reversed earlier voluntary cuts. Saudi Arabia is now pushing for a full reinstatement of its 2.2 million barrels per day in voluntary cuts by September 2025 to regain global market share. 

BUSINESS

Stocks drop, gold and oil up as Israel hits Iran

Bloomberg News, Published on 13/06/2025

» SINGAPORE — Stocks fell along with equity-index futures and investors rushed to the safety of haven assets after Israel attacked Iran’s nuclear programme sites in a major escalation of tensions in the Middle East. Crude oil jumped 11%, the biggest move in more than three years.

BUSINESS

Singapore's NUS, China's Tsinghua University among world's top producers of rich alumni

South China Morning Post, Published on 15/05/2025

» The National University of Singapore (NUS) and Tsinghua University are Asia's top universities for generating ultra-wealthy alumni, according to research by Altrata.

BUSINESS

How a key ingredient in Coca-Cola is smuggled out of Sudan

Business, Richa Naidu and Khalid Abdelaziz of Reuters, Published on 05/03/2025

» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.

BUSINESS

Thai businesses are concerned about effect on oil prices, shipping costs and the local currency

Business, Post Reporters, Published on 14/10/2024

» Amidst a stagnant domestic economy, geopolitical tensions in the Middle East are regarded as a crucial factor that could greatly impact the Thai private sector as the war between Israel and Hamas drags on for over a year with no end in sight.

BUSINESS

Domestic gold prices head for new high

Nareerat Wiriyapong, Published on 25/09/2024

» Domestic gold prices are on course to surpass the previous high of 42,150 baht per baht-weight (15.2 grammes) as global prices stayed near an all-time high, approaching $2,700 an ounce, say local traders.