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The Business Times - Find latest business & financial news including analysis and opinion on top business stories, stock markets in Singapore, Asia-Pacific & global market news and more at The Business Times. Find latest business & financial news including analysis and opinion on top business stories, stock markets in
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News
Hormuz shipping traffic falls to single digits, data shows
1+ day, 20+ hour ago (308+ words) This is well below the 10-day average of 15 [SINGAPORE] Vessel transits at the Strait of Hormuz fell to seven on Thursday (Sep 10) from 11 the previous day, preliminary shiptracking data showed on Friday, well below the 10-day average of 15. Of the…...
ECB raises interest rates as Iran war fuels inflation fears
2+ day, 10+ hour ago (841+ words) A surge in oil prices is clouding the inflation outlook again; resilient growth leaves room to act [FRANKFURT] The European Central Bank (ECB) raised interest rates on Thursday (Sep 10) for the second time in 2026, seeking to quell an energy-driven rise…...
Brent holds above US$100 as tanker attacks deepen supply fear
2+ day, 18+ hour ago (391+ words) Brent prices have surged nearly 30% from lows in early August [NEW DELHI] Oil prices held firm on Thursday (Sep 10) after Brent crude breached US$100 a barrel, with traders bracing for deeper supply disruptions as Iran and the United States launched…...
Brent settles at over US$100 a barrel as Middle East conflict intensifies
3+ day, 3+ hour ago (903+ words) Both oil benchmarks closed at their highest since May 22 [HOUSTON] Brent crude futures breached US$100 a barrel on Wednesday (Sep 10) to settle at their highest close since late May after Iran and the US struck tankers in the biggest wave…...
US stocks: S&P 500 ends down as oil tops US$100 per barrel
3+ day, 3+ hour ago (546+ words) All three major indices closed lower for the day US STOCKS closed lower on Wednesday (Sep 9) as oil prices soared above US$100 a barrel, while Apple dipped and Treasury yields rose ahead of crucial inflation data expected later in the…...
Oil nears US$100 as fresh Middle East strikes raise supply risks
3+ day, 20+ hour ago (316+ words) Brent oil is up more than 60 per cent so far this year OIL prices rose for the fourth straight session, gaining more than US$1 in early trade on Wednesday (Sep 9) after renewed attacks across the Middle East heightened worries about…...
SK Hynix, South Korea’s Kospi jump as Asian chip stocks gain, crude rises
4+ day, 31+ min ago (577+ words) The MSCI Asia-Pacific Index of shares advances 0.4% ASIAN chip stocks extended their recent gains on sustained investor interest in the artificial intelligence trade while escalating Middle East hostilities pushed Brent crude towards US$100 a barrel. South Korea’s Kospi climbed 0.5 per…...
The coming food price shock: How war, weather and fuel are colliding
5+ day, 5+ min ago (1374+ words) Asia’s import-dependent economies are on the front line as fertiliser costs and diesel margins rise WE HAVE seen wars in Europe and the Middle East before. We have seen energy price shocks before. We have seen extreme weather events batter…...
Suez Canal revival gathers pace as Hormuz crisis reroutes ships
4+ day, 16+ hour ago (403+ words) In July, vessels transiting the waterway rise 27% year on year to 1,340 [CAIRO] Suez Canal revenue rose 42 per cent in July from the year earlier, as the Iran war’s effective closure of the Strait of Hormuz and Houthi threats in the…...
Oil prices rise to six-week highs on worsening Middle East conflict
5+ day, 3+ hour ago (652+ words) Oil prices may rise as high as US$120 a barrel if attacks on shipping rise, Goldman Sachs says [NEW YORK] Oil prices rose to a six-week high on Monday (Sep 7) as Iran vowed to strike energy infrastructure across the Middle…...