Adidas shares slump on downbeat profit outlook
Adidas shares fell sharply on Wednesday after the German sportswear company issued a cautious profit forecast for 2026 and warned of a €400 million...
Strait of Hormuz impasse squeezes world shipping
Strategic ImportanceThe Strait of Hormuz is a critical chokepoint for global energy markets, with roughly 20% of seaborne oil passing through. Beyond oil, it...
Markets on edge as Middle East escalation threatens wider financial shock
Global markets are on edge as tensions in the Middle East escalate, moving from a distant worry to a major threat for investors. What...
OPEC+ mulls oil production increase in shadow of war
Energy markets are watching closely as major oil producers prepare for a key decision that could influence global prices. Analysts expect leading members of...
Crude soars, stocks drop after US strikes on Iran
Markets shook on Monday as strikes by the United States and Israel on Iran sent oil prices soaring and stocks across Asia tumbling, stoking...
Asian markets fluctuate after healthy week of tech gains
Markets in Asia slowed down on Friday as traders paused after a strong week, especially in the tech sector. Investors had been buying heavily...
Tech firms lead Asian markets rally as Seoul, Tokyo hit records
Stock markets in Seoul and Tokyo surged to record highs on Wednesday, as technology shares powered a strong rally across Asia.
The jump followed a...
Precious metals fall again, Asian stocks swing as traders wind down
Hong Kong – Traders took it easy Tuesday as the year comes to a close, with precious metals giving back some of their recent...
Iraq emerges as major export market for UAE’s Ras Al Khaimah
Iraq has become one of the top export destinations for the UAE emirate of Ras Al Khaimah, showing how quickly economic ties between the...
China’s rare earths El Dorado gives strategic edge
In southern China, under layers of red soil, sits one of the most powerful resources on Earth. This is Ganzhou, a quiet-looking region hiding...
Asian markets track Wall St lower as AI fears mount
Asian stock markets fell on Thursday, following another rough day on Wall Street, as investors continue to worry about the tech sector — especially...
Trump vows economic boom, blames Biden in address to nation
President Donald Trump went on national television Wednesday night with a clear message: the economy is about to boom — and Joe Biden is...
Iraqi News
IMF warns of severe economic risks across Middle East
The International Monetary Fund has warned that a prolonged Middle East war and further disruptions to energy production, shipping routes and critical infrastructure pose...
Al-Fariji: Raising the value of the dollar against the dinar does not represent financial...
Crisis expert Ali al-Fariji has criticized the Iraqi government's decision to raise the dollar's value against the dinar, saying the move alone does not...
IMF Forecasts Bigger Contraction for Iraqi Economy
The International Monetary Fund (IMF) has revised its economic forecasts to account for the ongoing conflict in the Middle East, warning that several energy-producing...
Najaf Solar Plant Capacity Could Double
Iraq is reviewing plans for a solar power station in Najaf province, with discussions under way about increasing the project's capacity from 1,000 megawatts...
Iraqi oil continues its upward trend, with Brent crude surpassing $106 per barrel.
Iraqi oil prices rose on Wednesday as crude prices also increased in global markets. Gains were recorded across all major grades, including Basra Heavy,...