Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Asia-Pacific markets fell Friday as oil prices soared on renewed fears that a prolonged conflict in the Middle East could further crimp energy supplies, stoking fears of a global economic downturn. Iran’s new Supreme Leader Mojtaba Khamenei said…
Pump jacks operate in a field on March 11, 2026 in Gillett, Texas. Brandon Bell | Getty Images Asia-Pacific markets fell Thursday as investors grappled with volatile oil prices and escalating tensions in the Middle East, even after the U.S. and its allies announced an unprecedented emergency release of crude reserves to calm energy markets….
A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (C) and the Korean won/USD exchange rate (R) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on April 9, 2025. Jung Yeon-je | Afp | Getty Images South Korea’s Kospi opened more…
Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran, on March 8, 2026. Anadolu | Anadolu | Getty Images Japan’s Nikkei 225 and South Korea’s Kospi both plunged about 6% in early trade Monday, leading a broader regional…
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street losses overnight, as the Iran conflict sends energy prices higher. Overnight, oil prices broke through the $80 per barrel mark, with Brent…
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images South Korea’s Kospi jumped as much as 12% on Thursday, staging a sharp rebound from its worst session, and on course to clock its best day, data from LSEG…
A currency trader monitors exchange rates in a dealing room at the Korea Exchange Bank in Seoul Jung Yeon-je | Afp | Getty Images South Korea’s Kospi plunged over 11% Wednesday, putting it on track for its worst day in more than two decades, and extending a steep sell-off from the previous session amid an…
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets traded mixed Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat. Japan’s Nikkei 225 slid 0.6%, while the Topix traded flat. The benchmark Japanese index hit 59,000…
South Korea’s central bank raised its key interest rate by a quarter-percentage point as expected on Thursday, in a bid to contain inflation and prevent capital outflows as the U.S. Federal Reserve gears up for more hikes. Jung Yeon-je | Afp | Getty Images Japan’s Nikkei 225 hit another record Thursday fueled by “Takaichi trade,”…