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Worldyonhap-english1d ago

Seoul Shares React to US-Iran Peace Talk Hopes

Seoul shares ended a three-day rise due to profit-taking, with investor sentiment influenced by hopes for a second round of U.S.-Iran peace talks, leading to a decline in the won.

IMF Cuts Global Growth Forecast, Warns of Recession Risk Amid Mideast War
CultureAPReutersBBC+133bloombergNYTwsjFTle-mondewapoThe GuardianNPR+125 more3d ago136 sources

IMF Cuts Global Growth Forecast, Warns of Recession Risk Amid Mideast War

The International Monetary Fund has lowered its global growth forecast and issued a warning about a potential worldwide recession. This outlook is largely attributed to the escalating conflict in the Middle East and its impact on energy markets.

Seoul Shares Ship Data with Iran Amid Hormuz Passage Push
Politicsindian-expressKorea Herald4d ago2 sources

Seoul Shares Ship Data with Iran Amid Hormuz Passage Push

South Korea has shared ship data with Iran as part of ongoing efforts to secure safe passage through the Strait of Hormuz. This move comes amidst diplomatic contact between Iran and India regarding the movement of ships in the critical waterway.

Only one tanker passed through the Strait of Hormuz, tense ceasefire between the US and Iran, before the start of tomorrow's negotiations
WorldAPReutersBBC+90bloombergNYTwsjFTThe GuardianNPRAl JazeeraCNN+82 more7d ago93 sources

Only one tanker passed through the Strait of Hormuz, tense ceasefire between the US and Iran, before the start of tomorrow's negotiations

Во Пакистан, властите се подготвуваат за утрешната прва рунда разговори меѓу САД и Иран, насочени кон решавање на конфликтот што започна со нападите на САД и Израел врз Иран на 28 февруари

Inflation is expected to rise — and Iran war costs could linger for months despite the ceasefire
Worldtvn24Business InsiderYahoo+524uriefimeridaKorea HeraldnaftemporikiMexico News8d ago8 sources

Inflation is expected to rise — and Iran war costs could linger for months despite the ceasefire

Economists expect inflation increased in March because of higher energy prices. Genaro Molina/Los Angeles Times via Getty Images The new CPI report will be published on Friday at 8:30 a.m. ET. The inflation rate is expected to accelerate due to energy prices and the Iran war. The war's effects will likely last for months, even after it ends. A new inflation report is around the corner, likely unveiling the effects of the Iran war on prices, but even if a tentative ceasefire holds, energy pr...

Seoul Shares Fall Amid Middle East Uncertainties
WorldKorea Herald9d ago

Seoul Shares Fall Amid Middle East Uncertainties

South Korean stocks experienced a decline of over 1.5 percent, ending a four-day winning streak, as investors reacted to ongoing uncertainties in the Middle East. The Korean won also weakened against the U.S. dollar.

Global Bond Market Faces Decline as War Costs and Mideast Fears Rise
FinanceReuterswsjdelfi-lt+4Yahoonaftemporikiyonhap-englishnaharnet17d ago7 sources

Global Bond Market Faces Decline as War Costs and Mideast Fears Rise

The global bond market is experiencing its most significant monthly decline in years, as Middle East oil-producing countries reduce their exposure to US government bonds, intensifying fears of a dangerous economic scenario due to the ongoing Middle East war, with the Treasury market now facing the test of rising war costs.

Middle East Energy Site Attacks Escalate, Macron Calls for Halt
WorldNYTle-mondeThe Guardian+15le-figaroThe IndependentYahooaktuality-skTimes of Indiahindustan-timesiefimeridaklix-ba+7 more29d ago18 sources

Middle East Energy Site Attacks Escalate, Macron Calls for Halt

Attacks on oil and gas facilities in the Middle East by both sides are escalating, threatening grave consequences for the global economy, prompting French President Emmanuel Macron to call for a moratorium on such attacks.

IEA announces record oil stockpile release over Iran supply disruptions
BusinessAPReutersBBC+73bloombergNYTwsjFTwapoThe GuardianAl Jazeerayle-uutiset+65 more1mo ago76 sources

IEA announces record oil stockpile release over Iran supply disruptions

The International Energy ​Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start of the US-Israeli war with Iran, with the US contributing the bulk of the supply.

Morning Bid: Seoul-Sapping Selloff
FinanceYahooyonhap-english1mo ago2 sources

Morning Bid: Seoul-Sapping Selloff

Financial markets are experiencing a 'Seoul-sapping selloff,' indicating a significant downturn in the market, particularly affecting Asian equities.

Seoul shares crash over 12 pct on Middle East conflict fears; won sharply down
WorldKorea Herald1mo ago

Seoul shares crash over 12 pct on Middle East conflict fears; won sharply down

Seoul shares plunged over 12 percent Wednesday to close below the 5,100-point mark amid growing concerns over the economic fallout from the Middle East conflict. The Korean won fell sharply against the U.S. dollar. The Korea Composite Stock Price Index extended its losses, tumbling 698.37 points, or 12.06 percent, to close at 5,093.54, following a plunge of over 7.24 percent the previous session. The Korea Exchange triggered circuit breakers shortly after the KOSPI fell more than 8 percent amid

Seoul stocks open higher, briefly topping 6,000 on tech rally
FinancebloombergwsjKorea Herald+1yonhap-english1mo ago4 sources

Seoul stocks open higher, briefly topping 6,000 on tech rally

Seoul shares opened higher Wednesday, briefly breaching a new historic landmark of 6,000 amid an extended rally in technology stocks. The benchmark Korea Composite Stock Price Index rose 26.73 points, or 0.45 percent, to 5,996.37 in the first 15 minutes of trading. Shortly after the opening bell, the KOSPI briefly breached the 6,000-point mark, just one month after landing in the 5,000-point territory. Overnight, the Dow Jones Industrial Average rose 0.76 percent, while the tech-heavy Nasdaq com

Peter Magyar Pledges Hungarian State Media Reform
PoliticsAPReutersBBC+126bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+118 more3d ago129 sources

Peter Magyar Pledges Hungarian State Media Reform

Hungarian opposition figure Peter Magyar announced plans to suspend state television and radio broadcasts, promising to reform public media to ensure press freedom and truth for Hungarians. This pledge comes amidst political discussions involving figures like Donald Trump and Serbian President Vučić regarding Hungarian politics.

Sanctioned Tanker Crosses Strait of Hormuz Amid US Blockade
WorldAPReutersBBC+92bloombergNYTwsjle-mondeThe GuardianNPRAl JazeeraCNN+84 more4d ago95 sources

Sanctioned Tanker Crosses Strait of Hormuz Amid US Blockade

A Chinese oil tanker, subject to US sanctions, successfully traversed the Strait of Hormuz, reportedly breaching the US-imposed blockade. This incident has sparked debate over the blockade's effectiveness and legality, drawing criticism from Iran.

Trump threatens to strike Iran's infrastructure if Strait of Hormuz isn't reopened
WorldReutersBBCbloomberg+57NYTwsjle-mondeThe GuardianNPRAl JazeeraCNNFox News+49 more12d ago60 sources

Trump threatens to strike Iran's infrastructure if Strait of Hormuz isn't reopened

US President Donald Trump on Sunday stepped up his threat to hit Iran's critical infrastructure hard if the country's government doesn’t reopen the Strait of Hormuz by his Monday deadline. Trump punctuated his threat with profanity in a social media post Sunday, saying that Tuesday will be “Power Plant Day, and Bridge Day, all wrapped up in one, in Iran.” He also offered details of the rescue of a “seriously wounded and really brave” US service member he identified as a “respected colonel” who w

Thailand Prepares Defense Against US Unfair Trade Probe Targeting 60 Economies
BusinessBBCNYTFT+35cnbcSCMPder-standardNHK Worldtelexdie-pressedelfi-lthindu+27 more1mo ago38 sources

Thailand Prepares Defense Against US Unfair Trade Probe Targeting 60 Economies

The US Trade Representative (USTR) has launched new Section 301 trade investigations into alleged unfair trade practices, including forced labor, targeting 60 countries and economies. In response, Thailand's Ministry of Commerce has established a task force to compile evidence and argue against its inclusion in these US investigations.

Global Financial Markets React to War in Iran
FinanceFThinduYahoo+4capital-bgTimes of Indiayonhap-english20-minuten1mo ago7 sources

Global Financial Markets React to War in Iran

A new report discusses the impact of the war in Iran on global financial markets, offering advice to investors despite the absence of a major crash.

US Sanctions Intensify Tensions with Iran Over Strait of Hormuz Oil Trade
PoliticsAPReutersBBC+78bloombergNYTwsjFTle-mondeAl JazeeraFox Newstimes-uk+70 more2d ago81 sources

US Sanctions Intensify Tensions with Iran Over Strait of Hormuz Oil Trade

US sanctions against Iran's oil industry have intensified tensions, particularly concerning the Strait of Hormuz, a critical shipping lane. Iran has responded with proposals for safe passage and threats against US vessels if control of the strait is challenged.

NATO Allies Work on Hormuz Plan B Amid Trump's Criticism and Withdrawal Threats
WorldbloombergNYTwsj+47FTle-mondewapoAl JazeeraCNNFox Newscnbcruv+39 more15d ago50 sources

NATO Allies Work on Hormuz Plan B Amid Trump's Criticism and Withdrawal Threats

US allies are developing a Plan B for the Strait of Hormuz in case President Trump withdraws, as Trump continues to strongly criticize NATO countries for their unwillingness to deploy militaries to the waterway and threatens to leave the alliance. This comes as Trump's irritation with NATO forces Europeans to confront the realities of the alliance.

Iran's Revolutionary Guard Threatens 18 Tech Firms Including Apple, Google, Meta
TechnologyAPBBCbloomberg+57NYTwsjle-mondeNPRAl JazeeraFox Newsyle-uutisetfaz+49 more17d ago60 sources

Iran's Revolutionary Guard Threatens 18 Tech Firms Including Apple, Google, Meta

Iran's Revolutionary Guard has reiterated its warning to US tech firms, explicitly listing 18 companies including Apple, Google, and Meta as targets for 'reciprocal action' starting tomorrow. This follows previous threats against leading American technology companies, which Iran claims are complicit in alleged Israeli-US intelligence-backed strikes.

Worldyonhap-english1mo ago

Seoul Shares Open Sharply Higher

Seoul shares opened sharply higher after experiencing their steepest decline ever, indicating a rebound in the stock market.

Seoul shares open higher on strong Nvidia earnings
BusinessYahooKorea Herald1mo ago2 sources

Seoul shares open higher on strong Nvidia earnings

South Korean stocks pulled off a strong start Thursday as US chip giant Nvidia Corp.'s better-than-expected earnings report fueled a rally in semiconductor shares here. The benchmark Korea Composite S