Business

Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes

Friday, April 3 by SRN News

ISLAMABAD (AP) - Pakistanis faced record fuel price increases Friday, as petrol and diesel prices rose by up to 54% driven by the war in the Middle East that has caused global oil prices to surge. The increase adds pressure to a cash-strapped nation... Read More.

North American farmers pinch pennies on farm machinery as profitless growing season approaches

Friday, April 3 by SRN News

By Ed White REGINA, Saskatchewan, April 3 (Reuters) - Farm machinery salespeople are wrapping up a dismal season of farm shows across North America as farmers gear up for spring planting without much new equipment. Farmers have not stopped buying, but many have slashed spending... Read More.

Inflation in focus for markets jostled by Middle East war signals

Friday, April 3 by SRN News

By Lewis Krauskopf NEW YORK, April 3 (Reuters) - A fresh read on inflation and initial company results next week could start to show the Middle East war's effects on the U.S. economy and corporate America, as investors hope to start moving past a... Read More.

Samsung Elec likely to report stupendous surge in quarterly profit to record level

Friday, April 3 by SRN News

By Hyunjoo Jin SEOUL, April 3 (Reuters) - Samsung Electronics, benefiting from red-hot chip prices stoked by the AI boom, is expected to book a six-fold jump in operating profit for January-March - a quarterly record and just shy of what it earned for all... Read More.

Hyundai Motor flags export disruptions as Middle East conflict hits shipping

Friday, April 3 by SRN News

By Daewoung Kim PYEONGTAEK, South Korea, April 3 (Reuters) - Hyundai Motor said on Friday that exports to Europe and North Africa, which typically transit through the Middle East, were being disrupted by the conflict in the region, underscoring growing strains on global supply chains.... Read More.

French and South Korean leaders say they’ll work together on the Strait of Hormuz

Friday, April 3 by SRN News

SEOUL, South Korea (AP) - French President Emmanuel Macron and South Korean President Lee Jae Myung agreed Friday to work together to help reopen the Strait of Hormuz and ease global economic uncertainties caused by the war in the Middle East. Their summit in Seoul... Read More.

BOJ to raise rates with eye on Iran war fallout, central bank official says

Friday, April 3 by SRN News

By Leika Kihara TOKYO, April 3 (Reuters) - The Bank of Japan will continue to raise interest rates while keeping a close eye on how the Middle East conflict affects the economy and underlying inflation, a senior central bank official said on Friday. While rising fuel... Read More.

US hiring likely improved last month, but Iran war and oil prices could take a toll later in 2026

Friday, April 3 by SRN News

WASHINGTON (AP) - The U.S. job market likely rebounded last month from a dismal February. But the improvement may not last long as the American economy absorbs fallout from the Iran war and a surge in oil prices. The Labor Department is expected to report... Read More.

Tesla eyes Japan’s top imported-car spot as it expands store, service network

Friday, April 3 by SRN News

TOKYO, April 3 (Reuters) - Tesla plans to expand in Japan to at least 60 stores as it seeks to become the country's biggest imported car brand by as early as next year, the head of its Japan business said on Friday. Expanded store and... Read More.

Oil prices surge while Asian share prices rise moderately

Friday, April 3 by SRN News

TOKYO (AP) - Oil prices continued to surge on worries of a prolonged Iran war but the Asian markets that were open Friday rose moderately in cautious trading, while others were closed for the Good Friday holidays. Benchmark U.S. crude rose 11.4% to $111.54 a... Read More.

Current Weather

Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes

North American farmers pinch pennies on farm machinery as profitless growing season approaches

Inflation in focus for markets jostled by Middle East war signals

Samsung Elec likely to report stupendous surge in quarterly profit to record level

Hyundai Motor flags export disruptions as Middle East conflict hits shipping

French and South Korean leaders say they’ll work together on the Strait of Hormuz

BOJ to raise rates with eye on Iran war fallout, central bank official says

US hiring likely improved last month, but Iran war and oil prices could take a toll later in 2026

Tesla eyes Japan’s top imported-car spot as it expands store, service network

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