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Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- India advocates for rules-based order, diplomacy at ASEAN Regional Forum to tackle geopolitical challengesIndia highlighted the importance of the ASEAN Regional Forum (ARF) and backed dialogue to tackle geopolitical challenges at a senior offici...
- Prop traders seek relief on margin funding as global rivals up gameIndian market participants are calling for a fresh look at margin funding policies, aiming for adjustments from the central bank. The propo...
- Earth observation can add USD 263 billion in annual economic value globally: ReportEarth observation data offers a massive economic opportunity, potentially worth over USD 700 billion annually. However, a significant porti...
- SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...
- AI coding startup Cursor, courted by SpaceX, picks London as European hubElon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-...
- Indian Envoy Vinay Kwatra meets US corporate and tech leaders to boost AI and supply chain tiesIndia's Ambassador to the US, Vinay Mohan Kwatra, met top business and tech leaders to advance economic ties. In posts on X, he highlighted...
- How global AI forums are redefining university credibilityAs AI reshapes higher education, universities are increasingly being evaluated on their readiness for an AI-driven future. Beyond tradition...
- FIFA 2026 World Cup to boost beer sales by over 1,000,000,000 pints: Event to boost global GDP by more than $41 billionThe 2026 FIFA World Cup is set to significantly boost global beer consumption, with over a billion pints expected. Analysts predict a 0.3% ...
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...
- Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
- China and Hong Kong users unable to access SpaceX website, IPO documentsSpaceX's website and IPO marketing documents are inaccessible in Hong Kong and mainland China, potentially limiting investor participation ...
- South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staffIn an interview, Kim Young-hoon told Reuters that companies like Samsung Electronics that outperform profit targets should consider sharing...
- Putin faces rival visions of war and peace at Russia's 'Davos'Russia's future is debated at a key investment forum amidst the Ukraine war. Some leaders push for continued global confrontation with the ...
- Global Market: Japanese bond yields mixed as BOJ rate-hike expectations and inflation concerns shape sentimentJapanese government bond yields saw mixed trading as investors weighed the Bank of Japan's potential interest rate hike against global infl...
- TIIF to shape a new investment architecture for Central AsiaTashkent will host a major investment forum from June 16-19. This event aims to establish Central Asia as a new hub for economic growth. Th...
- Ukrainian drones strike oil terminal in St Petersburg as Putin's 'Davos' gets under wayUkrainian drones hit energy and military sites in Saint Petersburg early Wednesday morning as officials gathered for a flagship economic fo...
- The great Indo-Pacific hedge - deeper defence ties as US doubts grow and China ascendsNations in the Indo-Pacific are boosting their defense capabilities and cooperation. This is happening as China's military grows and the Un...
- Europe to incentivise governments to buy made-in-EU chips by startups, document showsThe European Commission is pushing for governments to purchase chips manufactured by European startups. This initiative aims to lessen the ...
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