Countries in Asia Try to Contain the Economic Fallout of the Mideast Conflict
Across Asia, where countries are highly exposed to rising oil and gas costs and tightening supply, governments are acting to mitigate economic harm. Source link
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US stocks today: Dow slides over 700 points, S&P 500 drops 1.3% as oil briefly nears $120
US stock markets tumbled on Monday as a sharp spike in oil prices following the Middle East conflict rattled investors and raised fears about the resilience of the global economy.The S&P 500 fell 1.3%, coming off its worst week since October. The Dow Jones Industrial Average dropped 721 points, or 1.5%, to 9:35 a.m. Eastern…
Justice Department and Live Nation Reach Settlement Terms in Antitrust Case
The agreement, which requires a judicial sign-off, would avoid a breakup of the concert giant. But states who joined the suit object to the terms. Source link
Can the Middle East war trigger a crisis like 2008? Nobel laureate Philippe Aghion weighs in
Nobel Laureate Philippe Aghion (Credit-University of Oxford) The ongoing conflict in the Middle East is unlikely to trigger a global economic collapse on the scale of the 2008 financial crisis, Nobel Prize-winning economist Philippe Aghion has said, even as he warned that a prolonged war and sharply rising oil prices could slow global growth, AFP…
Investors and Trump Face an Iran Dilemma
A spike in oil prices has roiled stocks and bonds again and threatens to accelerate inflation — adding pressure on the White House. Source link
Stock market today: Which are the top gainers and losers on March 9? Check list
Benchmark equity indices Sensex and Nifty ended sharply lower on Monday, as surging crude oil prices and weak global cues triggered a broad-based sell-off amid escalating tensions in Middle East.The 30-share BSE Sensex plunged 1,352.74 points, or 1.71%, to settle at 77,566.16, marking its second straight day of decline. During the session, the index had…
Consumers Paid Tariffs on Overseas Items. Now They Want a Refund.
The Trump administration has yet to announce a process to return fees paid by companies and shoppers for tariffs now deemed illegal. Source link
Office market: Lower rentals put Navi Mumbai on GCC radar, says CRE Matrix
Lower office rentals are helping Navi Mumbai emerge as a preferred destination for multinational companies and global capability centres (GCCs), with rents in the city about 21% below the average of major Tier-I markets, according to a report by real estate data analytics firm CRE Matrix.The report, ‘Navi Mumbai Rising: A Comprehensive Perspective on India’s…
U.S. Gasoline Prices, Rising Again, Are Now Up 17% Since Conflict Started
Interruptions in oil supplies in the Middle East, source of much of the world’s energy, are trickling down to what American drivers pay when they fill up. Source link
Gold price today: How much gold costs in your city today? Check rates for Delhi, Mumbai & more
Gold futures tumbled on Monday, slipping Rs 1,052 to close at Rs 1,60,582 per 10 grams, as local spot demand weakened. On the Multi Commodity Exchange, April gold contracts fell 0.65% in a turnover of 1,729 lots, with analysts pointing to soft global cues as the key factor behind the decline. Meanwhile, silver futures advanced…