Business

Oil prices rise as Iran conflict widens

Thursday, March 5 by SRN News

By Katya Golubkova TOKYO, March 5 (Reuters) - Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output. Brent crude was... Read More.

Asian shares surge, led by KOSPI; Treasuries fall as war concerns ebb

Thursday, March 5 by SRN News

By Rocky Swift TOKYO, March 5 (Reuters) - Asian shares rallied on Thursday with a decline in U.S. Treasuries pointing to a tentative recovery in risk appetite that has been hammered by the escalating war in the Middle East. South Korea's KOSPI gauge recovered its steep... Read More.

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia

Thursday, March 5 by SRN News

BANGKOK (AP) - Global energy trade is in turmoil as war around the Persian Gulf chokes off oil and natural gas shipments, causing prices to soar. Asia is the most exposed since it relies heavily on imported fuel, much of it shipped through the... Read More.

US issues first commercial construction permit for a nuclear reactor in years to a Wyoming project

Thursday, March 5 by SRN News

The U.S. Nuclear Regulatory Commission on Wednesday approved its first construction permit for a commercial nuclear reactor in eight years, one that will allow a Bill Gates-backed company to build a sodium-cooled reactor in western Wyoming. TerraPower filed for the permit in 2024 and construction... Read More.

Stranded travelers in the Middle East share their accounts of being stuck during the war

Thursday, March 5 by SRN News

Hundreds of thousands of people have been stranded across the Middle East amid the U.S. and Israel's joint war against Iran. And between swaths of flight cancellations and airspace closures, many are still scrambling for next steps. In a matter of days, the conflict has... Read More.

American Airlines gets approval to resume regular flights to Venezuela

Thursday, March 5 by SRN News

American Airlines received approval Wednesday to become the first U.S. airline to resume flights to Venezuela. The airline announced its intent to restore service to Venezuela in January on the same day that President Donald Trump ordered the Transportation Department to open up commercial airspace... Read More.

Currencies take a beat as dollar rally pauses

Thursday, March 5 by SRN News

By Rae Wee SINGAPORE, March 5 (Reuters) - The dollar halted its blistering rally on Thursday, providing some reprieve to the battered euro as investors clung on to fragile assumptions that the war in the Middle East may not last as long as initially expected. Investors... Read More.

Robinhood targets wealthy customers with new Platinum credit card

Thursday, March 5 by SRN News

March 4 (Reuters) - Robinhood launched a new credit card for high-income customers on Wednesday, in an attempt to secure a foothold in an industry dominated by heavyweights such as American Express and JPMorgan Chase. The trading platform will charge $695 per year for the... Read More.

South Korean chip industry worried Iran crisis to affect Middle East data center plans

Thursday, March 5 by SRN News

By Heejin Kim SEOUL, March 5 (Reuters) - South Korea's chip industry has raised concerns that a prolonged Iranian crisis may deal a setback to plans by big tech firms to build AI data centres in the Middle East, thus weighing on strong chip demand,... Read More.

US lawmakers raise concerns over Intel’s testing of tools made by Chinese-linked firm

Thursday, March 5 by SRN News

By Alexandra Alper WASHINGTON, March 4 (Reuters) - A bipartisan group of U.S. lawmakers led by Democratic Senator Elizabeth Warren and Republican Tom Cotton on Wednesday raised national security concerns over Intel's testing of chipmaking tools made by ACM Research, as first reported by Reuters. ACM... Read More.

Current Weather

Oil prices rise as Iran conflict widens

Asian shares surge, led by KOSPI; Treasuries fall as war concerns ebb

War with Iran chokes flows of oil and natural gas, highlighting energy security risks for Asia

US issues first commercial construction permit for a nuclear reactor in years to a Wyoming project

American Airlines gets approval to resume regular flights to Venezuela

Currencies take a beat as dollar rally pauses

Robinhood targets wealthy customers with new Platinum credit card

South Korean chip industry worried Iran crisis to affect Middle East data center plans

US lawmakers raise concerns over Intel’s testing of tools made by Chinese-linked firm

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