Business

German firms trapped between U.S. and China, study finds

Monday, March 30 by SRN News

By Maria Martinez and Rene Wagner BERLIN, March 30 (Reuters) - German companies are so deeply tied to both the United States and China that they cannot decouple from either without severe economic costs, according to a study by the University of Sussex and King's... Read More.

Egypt’s early closing order jolts Cairo’s night life as war-driven oil costs soar

Monday, March 30 by SRN News

CAIRO (AP) - The Egyptian government is seeking ways to conserve oil-powered electricity during the U.S.-Israel war with Iran, enacting at least one policy that threatens Cairo's identity as a city that never sleeps. The government imposed new nationwide closing times Saturday for stores, restaurants... Read More.

Asian shares decline as oil prices soar amid the war in Iran, echoing last week’s Wall Street drop

Monday, March 30 by SRN News

TOKYO (AP) - Asian shares mostly dipped in Monday morning trading as worries continued about soaring oil prices and the potential for further escalation in the U.S. war with Iran. The drops in Asia follow the deep declines on Wall Street last Friday that... Read More.

Dollar holds firm as risk of protracted Middle East war saps sentiment

Monday, March 30 by SRN News

By Ankur Banerjee SINGAPORE, March 30 (Reuters) - The U.S. dollar held broadly steady on Monday, poised for its strongest monthly gain since July as investors fret about the ramification of a long war in the Middle East, denting the yen past the crucial 160... Read More.

Stocks dive in Asia, Brent crude heads for record monthly rise

Monday, March 30 by SRN News

By Wayne Cole SYDNEY, March 30 (Reuters) - Stock markets slumped in Asia on Monday as investors dug in for a protracted Gulf conflict that already has oil prices heading for a record monthly rise, bringing a spike in inflation and the risk of recession... Read More.

BOJ debated need for more rate hikes, March meeting summary shows

Monday, March 30 by SRN News

TOKYO, March 30 (Reuters) - Bank of Japan policymakers debated the need to raise interest rates further as surging oil costs from the Middle East conflict heighten inflationary pressure, with one signalling the need to accelerate the pace of hikes, a summary of opinions... Read More.

E-commerce duties moratorium expires as WTO talks run out of time, officials say

Monday, March 30 by SRN News

By Olivia Le Poidevin YAOUNDE, March 30 (Reuters) - A global e-commerce moratorium on duties on digital downloads and streaming has expired, a senior World Trade Organization official said on Monday. WTO talks in Cameroon to extend the moratorium ran out of time and will... Read More.

Exclusive-US Treasury to consult with insurance regulators on private credit lenders, sources say

Monday, March 30 by SRN News

By David Lawder WASHINGTON, March 29 (Reuters) - The U.S. Treasury Department is expected to convene in coming weeks the first of a series of meetings with domestic and international insurance regulators about recent developments in jittery private credit markets, two sources familiar with the... Read More.

Oil prices jump after Yemeni Houthis attack Israel, widening Iran conflict

Sunday, March 29 by SRN News

March 30 (Reuters) - Oil prices extended gains on Monday after Yemen's Iran-aligned Houthis launched over the weekend their first attacks on Israel since the start of the U.S.-Israel war with Iran, widening the conflict in the Middle East. Brent crude futures jumped $3.16, or... Read More.

Australia’s Star Entertainment inks $390 million refinancing deal with WhiteHawk

Sunday, March 29 by SRN News

March 30 (Reuters) - Australia's Star Entertainment said on Monday it had secured a binding commitment for $390 million in refinancing with funds associated with private credit investment manager WhiteHawk Capital Partners as the firm moves to refinance its existing debt. The casino operator said... Read More.

Current Weather

German firms trapped between U.S. and China, study finds

Egypt’s early closing order jolts Cairo’s night life as war-driven oil costs soar

Asian shares decline as oil prices soar amid the war in Iran, echoing last week’s Wall Street drop

Dollar holds firm as risk of protracted Middle East war saps sentiment

Stocks dive in Asia, Brent crude heads for record monthly rise

BOJ debated need for more rate hikes, March meeting summary shows

E-commerce duties moratorium expires as WTO talks run out of time, officials say

Exclusive-US Treasury to consult with insurance regulators on private credit lenders, sources say

Oil prices jump after Yemeni Houthis attack Israel, widening Iran conflict

Australia’s Star Entertainment inks $390 million refinancing deal with WhiteHawk

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