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BusinessBarclays Private Bank Singapore Head to Exit Despite Growth Push
Barclays Plc’s head of private bank in Singapore is leaving the firm just as it prepares to make a full return to the business in the city-state this year.
BusinessPersian Gulf’s Aluminum Prospects Clouded by War, Says Goldman
War in the Persian Gulf has clouded its prospects as an important source of additional aluminum supply in coming years, according to Goldman Sachs Group Inc.
BusinessTrump’s Oil Claims on Hormuz 'Nonsense': Energy Analyst
Rystad Energy’s Lin Ye warns that Asia is bearing the brunt of crude disruptions in the Strait of Hormuz, noting that refineries are highly reliant on Middle Eastern crude in order to service global demand. President…
BusinessEV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
Various car selling platforms have reported a sharp increase in consumer interest for EVs since the Middle East crisis began.
BusinessUS Naphtha Exports Surge as Trump’s Military Actions Upend Trade
US naphtha exports are surging as the Iran war cuts off supplies from the Mideast, prompting buyers in Japan to turn to Texas and Louisiana for the petrochemical feedstock.
BusinessFrance, Japan Align Positions on Iran Ceasefire, Hormuz
France and Japan agreed on the need for a ceasefire in Iran and safe passage for shipping in the region, President Emmanuel Macron said after talks with Japanese Prime Minister Sanae Takaichi. (Source: Bloomberg)
BusinessCanada’s Energy Trade Push as Iran War Disrupts
Rising oil prices and supply risks are testing global markets as the Iran war threatens flows through the Strait of Hormuz. Canada says its LNG, oil and nuclear projects could help fill gaps for Asia. Trade Minister…
BusinessIran Has Plenty of Ways To Cause Energy Mayhem: Analyst
Bilal Saab, Senior Managing Director at TRENDS US and an associate fellow at Chatham House, warns that Iran has a plethora of options to cause mayhem in global energy markets. Saab, who served as a senior advisor to…
BusinessIn Full: Trump's Speech on Iran War
Trump said the US would hit Iran extremely hard over the next two to three weeks while diplomatic talks continue, in a rare prime-time address on Wednesday that cast the war as a military success. (Source: Bloomberg)
BusinessOil jumps and shares fall after Trump Iran address
The US president called on nations that need Gulf oil to take the lead to keep the Strait of Hormuz open.
BusinessWorld’s top energy traders wrongfooted in early days of Iran war
Oil traders that normally thrive on volatility caught out by scale of crisis as energy shock unfurled