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China’s Sinopec will not buy Iranian oil, wants to tap state reserves

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CHINA’s state-run refiner Sinopec does not intend to buy Iranian oil but is pushing for permission to tap state reserves, a senior executive said on Monday, days after the U.S. […]

US crude spikes 3% as Iran threatens to hit Gulf power infra over Trump warning

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NEW DELHI: Oil prices rose on Monday after Iran’s Revolutionary Guards said they would target Israel’s power plants and those supplying U.S. bases in the Middle East in retaliation against […]

Berkshire Hathaway to stake US$1.8bil in Insurer Tokio Marine

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Berkshire Hathaway Inc. will invest 287.4b yen ($1.8 billion) in insurer Tokio Marine Holdings Inc., marking a significant increase in the US conglomerate’s exposure to the Japanese market. Read full […]

South Korean shares tumble, won hits 17-year low on Mideast conflict

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SEOUL: South Korean shares dropped more than 6% on Monday to close at their lowest level in two weeks, while the won weakened to a 17-year low, as heightened Middle […]

Dollar gains as investors flee risk on escalating Middle East war

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TOKYO: The dollar rose on Monday as escalating retaliatory threats in the Middle East conflict curbed risk appetite and lifted demand for safe-haven assets. Read full story Date: 23 March, […]

Section 301 probes raise tariff risks for developing economies

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PETALING JAYA: The United States’ latest trade investigations are set to heighten tariff risks for developing economies, as Washington revives a long-standing legal tool to pressure trading partners. Read full […]

China aims to be major hub of global demand

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CHINA will step up efforts to improve its fiscal and monetary policy in order to boost domestic consumption and enhance people’s well-being, as the country accelerates toward becoming a major […]

“Force majeure” and its economic impact

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KUALA LUMPUR: “Force majeure” is French for “major force”, and in legal parlance, this means that an extraordinary event has occurred, such as the war in West Asia, which is […]

Singapore core inflation at 1.4% y/y in February, slightly higher than expected

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SINGAPORE: Singapore’s key consumer price gauge rose 1.4% in February from a year earlier, official data showed on Monday. Read full story Date: 23 March, 2026 2:00 pm Source: thestar.com.my

China, Hong Kong stocks tumble as escalating Iran war rattles financial markets

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SHANGHAI: China and Hong Kong stocks fell sharply in early trading on Monday, as the escalating Middle East war roiled global financial markets. Read full story Date: 23 March, 2026 […]

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