Oil hovers around $100, stocks mixed as Iran war rages
Oil prices stayed around $100 a barrel on Monday as the conflict between Iran and the U.S. moved into its third week, keeping global...
Stocks rally as bumber Nvidia report offsets Fed rate concern
Asian markets jumped on Thursday after Nvidia posted huge earnings, easing fears that the AI boom is turning into a bubble. The strong numbers...
Back to black: facing energy shock, Asia turns to coal
Asian countries are turning to coal to keep the lights on and energy prices under control after the Iran war disrupted oil and gas...
Japan PM asks IEA chief to prepare additional ‘coordinated release’ of...
Fatih Birol said Wednesday in Tokyo that the International Energy Agency is ready to release more oil from its reserves if the situation requires...
Asian markets mixed as traders eye US data ahead of Fed...
Summary of Asian Markets & Global OutlookAsian stocks were mixed on Monday as investors waited for key U.S. economic data that could influence the...
ExxonMobil slows low-carbon investment push through 2030
ExxonMobil announced that it is scaling back its planned investments in low-carbon projects for the 2025–2030 period. The company now expects to spend around...
BMW boosts profitability despite China, tariff woes
Frankfurt — German automaker BMW reported stronger profitability in the third quarter, demonstrating resilience despite mounting pressure from tariffs and slowing sales in China.The...
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...
Asian markets tumble as tech bubble fears grow
Hong Kong — Tech stocks led a broad sell-off across Asian markets on Wednesday, as mounting fears of an AI bubble sparked panic among...
Solar push helps Pakistan temper Gulf energy shock
Pakistan’s growing shift toward solar energy has helped reduce the economic pressure caused by rising fuel prices and disruptions linked to tensions in the...
Iraq’s date exports exceed half a Trillion Dinars in 2024
Iraq announced that its date export revenues for 2024 exceeded half a trillion dinars, strengthening its position among the world’s leading date-producing nations. The...
Louvre trade unions to launch rolling strike
Workers at the Louvre Museum are planning a rolling strike starting Monday, demanding more staff and better measures to manage overcrowding. The move adds...
Iraqi News
JICA in Talks with Iraq on Solar Projects
Iraq’s Ministry of Electricity has held talks with the Japan International Cooperation about developing solar energy projects and expanding the use of clean energy...
Iraq-China Investment and Trade Talks
A delegation of Chinese companies working in investment, banking and trade has met with Iraq’s Minister of Trade to discuss possible partnerships and ways...
Gold falls 1.8% as expectations of a US interest rate hike rise
Gold prices fell by more than 1% on Thursday, extending their losses for a third straight session as stronger-than-expected US inflation data increased expectations...
Oil falls by more than a dollar a barrel, Brent drops to $104
Oil prices fell by more than $1 a barrel in early trading on Thursday as investors weighed the risks to global supplies and possible...
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...