UAE’s OPEC exit hands Asia a petroyuan moment
On May 1, 2026, the United Arab Emirates formally departed from the Organization of the Petroleum Exporting Countries (OPEC), ending...
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Iran War Is Putting A Growing Number Of Asian Currencies In Harm’s Way
As chaotic as Thursday’s 7% surge in oil prices was for global markets, it’s the assets that are dropping with...
Japan intervenes to counter currency weakness, sources say; yen surges
Japan intervened to prop up the yen on Thursday, marking its first bout of official intervention in nearly two years,...
Brics to push for intra-currency payments as ‘immunity’ against Western clout
Brics nations are assessing whether a digital payments framework linking their currencies could lessen the impact of Western sanctions, tariffs...
China Scores Another Currency Win Over The U.S. Dollar
Unloading iron ore at the port of Qingdao, China. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesChina’s drive to...
UAE’s dollar swap threats show how brittle these US alliances can be
The most striking moment in recent talks between United Arab Emirates officials and U.S. Treasury officials in Washington wasn’t the...
War and Sanctions Accelerate China’s Currency Push
Neat rows of Chinese currency bills sit behind glass at the center of the national security gallery inside Hong Kong’s...
Inside Blackstone: Stephen A. Schwarzman on Long-Term Investing Across Cycles
In a world defined by constant change, Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, has spent four decades...
BABA makes AI investments stock analysts want to see
Alibaba shares have accelerated their gains this month as the Chinese e-commerce giant has released a succession of new artificial...
Wall Street sets another record after US stocks tick higher
NEW YORK (AP) — The U.S. stock market ticked to another record high Thursday as Wall Street waits for more...
