Over 40 Middle East energy assets ‘severely damaged,’ IEA says
Potentially prolonging disruptions to global supply chains after the conflict ends.
Japan tries to head off toilet paper panic amid Iran war fears
Hoarding toilet paper became a phenomenon in Japan at the time of the 1973 oil shock, which triggered the country’s first postwar economic contraction.
Goldman Sachs raises oil forecasts on largest-ever supply shock
Energy markets have been pitched into turmoil by the US-Israeli war with Iran, with hostilities now entering a fourth week with no sign of resolution.
Gold sinks more than 3% as Iran war deepens inflation concerns
Spot gold plunged 3.3% to $4 345.45 an ounce at 11:37 a.m. in Singapore.
The Fog of War makes investment decisions tough
Analysis of TFG's latest trading update, plus a look at Momentum Group’s results, with a focus on improving persistency trends and what the lower-end dividend payout signals for investors.
Oil fluctuates as Trump’s Hormuz ultimatum fails to stir traders
Brent for May settlement rose 0.4% to $112.65 a barrel at 10:49 a.m. in Singapore.
Copper falls to three-month low as global growth concerns rise
Copper fell 0.7% to $11 840 a ton on the LME as of 10:00 a.m. in Shanghai.
Trump and Iran hurl war threats as Hormuz crisis deepens
Even if the strait reopens, oil and gas flows will take time to normalise due to damaged production sites.
Elephants and Ebitda
PPC’s turnaround can be seen as ‘awakening the giant’. After years of struggle, the cement company has clawed its way back.
A tale of two banks and the perils of succession …
As its turbulent leadership transitions recur, African Bank risks living in the prism of two Charles Dickens novels – Great Expectations and Hard Times – as its competitors gallop ahead.