Author: Petr Huřťák

Shares have retreated in Asia after a slump on Wall Street as oil prices shot over $110 a barrel. Tokyo’s Nikkei 225 fell 2.5% and most other major benchmarks fell more than 1%. On Wednesday, U.S. stocks fell following a report that said inflation was primed to worsen even before the war with Ira…Read More

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Australia’s central bank said local households and firms are broadly well placed to cope with recent interest-rate increases and surging fuel prices from the escalating Middle East conflict, while highlighting the potential for an unexpected shock as a result of elevated international risk.Read More

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