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Asia

Saudi Arabia’s Key East-West Oil Pipeline Starts Exports After Repairs

Saudi Arabia has started exporting oil using its East-West pipeline after the link was repaired following drone strikes earlier this month, a person with...

Saudis Seek to Resume Half of East-West Oil Pipeline Within Days

Saudi Arabia is seeking to return about half the capacity of its cross-country oil pipeline within days after the link was halted last week...

Yuan Strengthens 6.7769 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 35 pips to 6.7769 against the dollar on Wednesday. This is according...

UAE Builds Alternative Trade, Energy Routes After Iran Attacks, Official Says

The United Arab Emirates (UAE) is building alternative routes for its ​energy exports and trade to ensure they are not “held ‌hostage” by the...

Yuan Strengthens 6.7795 Against Dollar

The central parity rate of the Chinese currency renminbi, or the Yuan, weakened eight pips to 6.7795 against the dollar on Monday. This is according...

China Injects $45 Billion in Banks, Insurers to Boost Growth

China is injecting 300 billion yuan ($45 billion) into its largest banks and insurers, part of the nation’s biggest recapitalization in almost two decades,...

Iranian Rial Plunges Past 2 Million Per Dollar Threshold as Economic Pressure Mounts

Iran's currency, the rial, crossed a historical psychological barrier, falling past 2 million rials per U.S. dollar in open-market trading. The record drop marks a...

US Treasury Secretary Bessent Unveils Plan to Sever Iran Access to Global Economy

Treasury Secretary Scott Bessent announced what he called an “unprecedented” US campaign to sever Iran from the global economy, warning that any state doing business with...

World’s 2nd Most Powerful Military Sends Six Advanced J-16 Fighter Jets To Africa’s Strongest Military

At least six of the advanced twin-engine fighters arrived in Egypt to participate in the Eagles of Civilisation 2026 joint air exercise, which runs...

AI-Driven Chip Boom Lifts South Korea Current Account to Record

South Korea’s current-account surplus widened to a record for a second straight month as booming semiconductor exports pushed the goods balance to another all-time...

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