World Business NewsGold edges lower as higher energy prices dim rate‑cut hopes
Spot gold falls 0.2% to $5,007.58 per ounce, US futures drop 1% to $5,011.10; silver declines 1.2% to $79.57 while platinum rises 0.8% to $2,042.98 and palladium gains 1% to $1,566.91
Mar 16, 2026
World Business NewsTrump administration set to receive $10 billion fee for brokering TikTok deal, WSJ reports
TikTok's Chinese owner, ByteDance, in January finalized a deal to establish a majority American-owned joint venture that will secure U.S. data
Mar 14, 2026
World Business NewsGovernments worldwide move to cushion households from rising energy costs
Major disruption to global oil and gas supplies ripples through economies, stokes inflation and squeezes household budgets
Mar 14, 2026
World Business NewsCrude futures turn positive on continued Hormuz closure
Brent settles at $103.14, up 2.67%; WTI closes at $98.71, rising 3.11%
Mar 14, 2026
World Business NewsTrump says US struck military targets on Iran's Kharg Island oil hub
Island handles 90% of Iran's oil exports
Mar 14, 2026
World Business NewsSome wealthy Asians look to move Dubai assets closer to home on Iran war fears
Singapore wealth sector sees increased client interest in asset transfers; UAE's stability questioned, but some investors remain confident; UAE banking and financial sector resilient, central bank governor says
Mar 14, 2026
HeadlinesPakistan's domestic power sources cushion LNG supply risk, power minister says
Pakistan is less exposed to LNG disruptions as domestic power share rises; 74% electricity now comes from local sources, with a target 96%; LNG accounts for about 10% of power generation, says Awais Leghari
Mar 13, 2026
World Business NewsGold set for weekly drop as oil price surge weighs on rate-cut hopes
Spot gold rises 0.7% to $5,112.82 per ounce, silver up 1% while platinum and palladium gain 1.2% and 1.1% respectively
Mar 13, 2026
AutomobileGlobal EV sales down 11% to just over 1 million in February
Sales drop 32% in China, 35% in North America; up 21% in Europe, 78% in rest of the world
Mar 13, 2026
World Business NewsIran war casts shadow over HSBC and StanChart Middle East ambitions
HSBC and StanChart shares drop amid Iran conflict; Conflict may boost demand for services like finance, forex
Mar 13, 2026
World Business NewsOil drops after US issues license for countries to buy Russian oil stranded at sea for 30 days
Brent futures drop 71 cents, or 0.71%, to $99.75 a barrel and US WTI crude declines 88 cents, or 0.92%, to $94.85
Mar 13, 2026
World Business NewsUS allows countries to buy Russian oil stranded at sea for 30 days
Trump also orders political risk insurance and considers US Navy escorts for ships in Gulf to stabilise energy trade
Mar 13, 2026