Asian equities were mixed Thursday, with China extending a drop, after strong US retail sales data cast fresh doubt on the likelihood of a Federal Reserve rate cut in March.
The US and UK’s decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as vessels navigate the crucial trade route.
A tanker previously seized by the US for carrying illicit Iranian oil was captured by Tehran off the coast of Oman, heightening tensions in the world’s most important trade lane for global crude supply.
Bitcoin consolidated after a surge past $47,000 on bets that the US is poised to approve the launch of the nation’s first exchange-traded funds investing directly in the world’s largest digital asset.
India News: AHMEDABAD: Police officials investigating a Bulgarian women's rape charges against Rajiv Modi, chairman and managing director of Cadila Pharmaceutical.