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...
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 retreat ahead of US jobs as tech worries weigh
Hong Kong – Asian markets extended losses on Tuesday, following Wall Street lower, as investors prepared for key U.S. jobs and inflation reports. Concerns...
Mideast war revs up electric car demand in Asia
Across Southeast Asia, rising fuel prices linked to conflict in the Middle East are pushing more people to switch to electric vehicles.In cities like...
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...
Mideast energy shock rattles eurozone rate-setters
The European Central Bank (ECB) is meeting Thursday amid the fallout from the Middle East war, which has sent oil and gas prices surging...
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 sets lowest growth target in decades as consumption lags
Beijing – China has set its lowest annual growth target in decades, aiming for 4.5–5 percent in 2026, as authorities focus on tackling sluggish...
Trump says will waive some oil sanctions as Iran war roils...
US President Donald Trump said on Monday that he plans to waive certain oil sanctions to increase supply and help lower prices, following market...
Asian equities plunge as oil soars 30% on Mideast crisis
Asian Stocks Tumble as Oil Soars on Middle East ConflictAsian markets took a big hit on Monday as oil prices shot up nearly 30%...
Germany business morale falls as hopes for revival dim
Frankfurt – A new survey released Monday shows that business confidence in Germany dropped more than expected in November, adding to concerns that companies...
US envoy warns EU won’t win AI race ‘bringing others down’
The debate between the European Union and the United States over artificial intelligence is increasingly becoming a clash over regulation, competitiveness, and control of...
Iraqi News
Kurdish opposition figure: The region’s finance ministry stole 5 trillion dinars allocated for job...
Independent Kurdish politician Saman Ali has made serious allegations against the Kurdistan Regional Government’s finance ministry, claiming more than 5 trillion dinars meant for...
Iraqi oil prices fall by 2%… Basra crude records $112
Iraqi oil prices moved lower on Wednesday, falling more than 2% as global energy markets weakened.Basra Heavy crude dropped $1.13 to $112.50 per barrel,...
Al-Kadhimi: Halting dollar shipments is American blackmail that infringes on Iraq’s sovereignty.
Former parliamentary finance committee member Mu'in al-Kadhimi criticized reports that the US halted dollar shipments to Iraq, calling the move “political blackmail” and interference...
1.6m bpd Kirkuk Export Pipeline Set for Relaunch
Iraq’s Ministry of Oil says exports through the Kirkuk-Fishkhabour-Turkey pipeline could resume soon, starting with limited volumes.The pipeline has a capacity of 1.6 million...
DNO issues Update on Production
Norwegian energy company DNO has given an update on its operations in Iraq’s Kurdistan region, saying it is preparing to ramp production back up...