Economy

Economy
Economy

Qatar crisis sparks European gas surge, jolts Indian gas stocks

Shares of Indian gas companies, including GAIL, Petronet LNG, Gujarat State Petronet Limited (GSPL), and Gujarat Gas Limited (GGL), are likely to remain volatile on Wednesday after QatarEnergy said it has halted liquefied natural gas production following military attacks on its facilities. The development has already triggered a spike in European LNG prices, raising concerns

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Economy

China’s rare earth ban spurs Japan-India partnership on critical minerals

Seeking to lessen its dependence on China for rare earth elements—which are essential for magnet production—Japan is currently negotiating with India.  The discussions focus on a joint exploration for rare earth deposits located in the desert state of Rajasthan, according to a Reuters report.  Joint exploration and deposit According to India’s Mines Minister, G. Kishan

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Economy

XRP risks retesting the $1.26 support amid fading retail demand

Ripple’s XRP is the worst performer among the top 10 cryptocurrencies by market cap in the last 24 hours.  The coin is down 1% since Monday and remains under pressure. It could retest the lower support level of $1.26 formed on Saturday after the United States (US), in collaboration with Israel, launched attacks on Iran,

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Economy

BrewDog’s sale to Tilray leaves bitter aftertaste for workers and investors

The sale of the UK and Irish operations of Scottish brewer BrewDog to US cannabis and drinks group Tilray for £33 million has left a bitter taste in the mouth of stakeholders, with hundreds of job losses and no return for more than 200,000 small investors who backed the company through its Equity for Punks

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Economy

Sanae Takaichi denies link to Solana SANAE token surge

Japan’s prime minister, Sanae Takaichi, has publicly denied any link to a Solana-based cryptocurrency that briefly gained traction in online markets. The token, branded SANAE TOKEN, climbed rapidly in value before retreating within hours. Its market capitalisation touched nearly $30 million at its peak, drawing attention across crypto trading platforms and social media. Takaichi said

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Economy

DAX, CAC, STOXX sink over 3% as Middle East tensions escalate

European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled by the prospect of a prolonged Middle East conflict and a renewed surge in oil prices that could reignite inflation across the region. The pan-European STOXX 600 index fell 3.26%, leaving it on course for its

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Economy

Dow futures tumble as oil surge rattles markets on Iran war

US stock index futures fell sharply on Tuesday as investors weighed the economic fallout of escalating conflict between the United States and Iran, rising oil prices, and renewed inflation risks. Futures tied to the Dow Jones Industrial Average dropped as much as 822 points, or roughly 1.68%, while S&P 500 futures also fell by 1.6%.

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Economy

Where to invest in wartime as US–Iran clash rattles global markets

The US–Iran war is forcing investors to rethink where to put money to work as geopolitical risk replaces artificial intelligence and tariffs as the dominant market narrative. Strikes by the US and Israel on Iran, followed by missile retaliation and disruptions around the Strait of Hormuz, have pushed oil to its highest levels in nearly

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Economy

Why is GRASS up 82% in one week despite market weakness?

The cryptocurrency market has been volatile over the past few days, with Bitcoin hitting $70k on Monday before retracing to now trade below $67k. However, while the broader market has underperformed, Grass (GRASS) has recorded excellent gains over the last seven days. The coin is trading above $0.31 after adding 82% to its value during

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Economy

Brent tops $85 for first time since 2024 on Mideast tensions

Brent crude prices rose to their highest level since July 2024 as the US-Israel conflict with Iran continued to escalate, disrupting supplies from the Middle East.  At the time of writing, the Brent crude price on the Intercontinental Exchange was at $84.32 per barrel, up 8.4%. The contract had hit $85.10 per barrel earlier in

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