Author name: David Ryabchikov

Asian economies face ‘formidable test’ as Middle East conflict drags on: ADB

Asian economies face ‘formidable test’ as Middle East conflict drags on: ADB

Economic growth across Asia is likely to slow even if oil prices stabilise in the coming months, as the impact of war in the Middle East ripples through industries from manufacturing to tourism, according to the Asian Development Bank . The US and Israeli war on Iran is projected to halt developing Asia’s economic upswing, […]

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Solid-state battery firms in China and US line up IPOs as oil prices lift EV appeal

Solid-state battery firms in China and US line up IPOs as oil prices lift EV appeal

Three solid-state battery developers across China and the US are moving towards initial public offerings (IPOs), as geopolitical tensions and elevated oil prices fuel demand for more energy-efficient technologies. Qingtao (Kunshan) Energy Development Group became the latest to join the queue, filing for a Hong Kong listing on April 8. Earlier, Beijing WeLion New Energy

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Bitcoin and Oil Surge as Trump Urges Netanyahu to Scale Back Lebanon Strikes

Bitcoin and Oil Surge as Trump Urges Netanyahu to Scale Back Lebanon Strikes

US oil prices have been rising by $1 per hour today. Bitcoin and oil are on the move again as both assets jumped to their recent local peaks of over $72,000 ans $103 per barrel, respectively. This came as US President Trump reportedly urged Israel’s leader to tone down the attacks against Lebanon. Recall that

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South Korea stocks lead gains in Asia as oil prices plunge after U.S.-Iran ceasefire deal

South Korea stocks lead gains in Asia as oil prices plunge after U.S.-Iran ceasefire deal

Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets rallied on Wednesday after U.S. President Donald Trump said he had agreed to suspend planned attacks on Iranian infrastructure for two weeks. The move was “subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE,

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Stock Market LIVE: GIFT Nifty signals gap-up open ahead of MPC outcome; Brent crude plunges 14%

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Stock Market LIVE: GIFT Nifty signals gap-up open ahead of MPC outcome; Brent crude plunges 14% Read More »

Bitcoin (BTC) Falls to $68K as Oil Surges on Middle East Tensions

Bitcoin (BTC) Falls to $68K as Oil Surges on Middle East Tensions

You are here: Home / News / Bitcoin (BTC) Falls to $68K as Oil Surges on Middle East Tensions Bitcoin (BTC) has decreased toward the $68,000 level as global markets reacted to rising geopolitical tensions in the Middle East. The cryptocurrency’s drop conflicted with a sharp rise in oil prices, which rose above $116 per

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Oil prices extend gains as Trump sharpens rhetoric on Iran

Oil prices extend gains as Trump sharpens rhetoric on Iran

Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. Picture taken August 22, 2019. — Reuters Hormuz Strait carries 20% of global oil flows; disruption raises fears. Trump threatens strikes on Iran’s civilian infrastructure if Hormuz isn’t open. Iran rejects temporary ceasefire, insists on permanent end to

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