Showing 1 - 10 of 403
Middle East countries cut daily oil output as ships stay clear of Hormuz
Bloomberg News, Published on 10/03/2026
» LONDON — Oil production cuts in the Middle East are deepening as the crucial Strait of Hormuz waterway remains at a near-standstill, widening the chaos in energy markets.
Asia airlines hike fares, eye groundings on fuel crunch risk
Bloomberg News, Published on 10/03/2026
» SINGAPORE — Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.
US sub that torpedoed Iranian ship included Australians
Bloomberg News, Published on 06/03/2026
» SYDNEY — Three Australian Defence Force (ADF) personnel were among the crew of a US submarine that torpedoed and sank an Iranian vessel in the Indian Ocean, Prime Minister Anthony Albanese said, while adding that none were involved in operations related to the attack.
Bitcoin falls below $65,000
Bloomberg News, Published on 23/02/2026
» Bitcoin slid below US$65,000 in early Asia trading on Monday, roiled by fresh nervousness over the status of US tariffs.
Gold slides below $5,000 as Lunar New Year holiday mutes trade
Bloomberg News, Published on 17/02/2026
» LONDON — Gold slipped further below US$5,000 an ounce in thin trading, with much of Asia closed for the Lunar New Year and after a US holiday on Monday.
Bangchak buys Chevron’s HK unit as Thai firm expands in Asia
Bloomberg News, Published on 13/02/2026
» Bangchak Corp will acquire Chevron’s Hong Kong fuel business for US$270 million as the Thai energy company accelerates its overseas expansion, it said.
Muyuan eyes Asia pig farms after $1.4 billion listing
Bloomberg News, Published on 06/02/2026
» HONG KONG — Muyuan Foods Co plans to partner with Asian pig farmers and enhance its global feed-grain supply network after raising HK$10.7 billion (US$1.4 billion) in Hong Kong’s biggest listing of the year so far.
High coffee prices are changing how consumers take their daily brew
Bloomberg News, Published on 17/12/2025
» LONDON — Global coffee prices rose to record highs this year, sending the cost of cappuccinos and lattes soaring. But a caffeine habit is hard to kick.
Macron seeks Xi’s support on Ukraine, calls for China investment
Bloomberg News, Published on 04/12/2025
» BEIJING — French President Emmanuel Macron sought Chinese leader Xi Jinping’s help in ending the war in Ukraine and urged Beijing to boost investment in France, as both sides look to rebalance their economic ties.
Thailand’s deflation streak and deadly floods pile pressure on rate cut
Bloomberg News, Published on 03/12/2025
» Thailand’s consumer prices fell for the eighth straight month, heightening pressure on the central bank to cut its policy rate for a fourth time this year.