Author: Winnie Hsu
Despite a rebound Thursday, the MSCI Asia Pacific Index has tumbled about 6% this week, compared with a 0.1% slide in the S&P 500. The swing indicates a reversal of a rotation by global funds into Asia and a renewed shift toward the US as a haven, a move also supported by a stronger dollar. The Iran war has impacted Asian stocks disproportionately, partly because of the region’s outsize reliance on fuel shipments through the Strait of Hormuz.Read More
He returns to the region with a 20-year track record – and a $258bn protection gap to chaseRead More
EUROPE BEFORE THE BELL: TAKING STOCKEuropean equity futures are a little weaker on Thursday, with risk appetite still shaky as the conflict in the Middle East continues into a sixth day. The war has widened sharply, with a U.S. Euro STOXX 50 futures EUREX:FESX1! are down about 0.6%. The index rose…Read More
Shooka Bidarian says Iranians are grateful to the US and Israel for intervening, despite the destruction of their cities.Read More
A British government rescue flight from Muscat was grounded after technical issues and long delays forced the pilot into mandatory rest, leaving vulnerable passengers in a highly distressed state.Read More
Europe correspondent Alistair Bunkall is reporting from just outside RAF Akrotiri in Cyprus.Read More
In a gathering marking International Women’s Day, a distinguished group of British lawmakers and international legal experts expressed their unwaveringRead More
Warmer temperatures will be felt across Liverpool this week as conditions become more settledRead More
Canadian Prime Minister Mark Carney said Thursday that he couldn’t rule out his country’s military participation in the escalating war in the Middle East.Read More
In an address to Australia’s Parliament that was something of a love letter to the country and its people, Prime Minister Mark Carney implored citizens in both Commonwealth realms to draw closer together amid a breakdown in the established global order.Read More