Madagascar declares state of emergency over energy supply woes
Emerging economies in Africa and Asia have struggled to cope with the ripple effects of a weeks-long conflict in the Persian Gulf, including fuel shortages and soaring prices.
Emerging economies in Africa and Asia have struggled to cope with the ripple effects of a weeks-long conflict in the Persian Gulf, including fuel shortages and soaring prices.
Global benchmark Brent crude slid as much as 16% to $91.70 a barrel and European gas prices dropped 20%.
Spiked as much as 4.9% to $72 738, its highest level since March 18, before paring gains to trade at $71 300 at noon on Wednesday in Singapore.
Spot gold rose 2% to $4 800.47 an ounce as of 12:49 p.m. in Singapore.
Analysis of whether the case for emerging market equities over developed markets still holds as the Iran conflict rattles global markets. And how vehicle buying trends are holding up.
Markets rebound across regions as traders bet conflict pause will stabilise energy supply and reopen Strait of Hormuz flows.
It is about who writes the rules.
Metro’s score has plummeted from 91% in 2011 to below 50% …
A quick look at how house brands compare to branded products and each other.
High electricity tariffs will test government's industrialisation ambitions – Seifsa.