G7 finance chiefs push for ‘lasting peace’ in Middle East, warn of war’s economic...
WASHINGTON — Finance chiefs of the Group of Seven nations on Thursday agreed it was urgent to limit the cost to the global economy...
Hopes for Middle East peace grow with Israel and Lebanon eyeing ceasefire
WASHINGTON/JERUSALEM — Optimism grew on Thursday that the war in the Middle East may be near an end, with a key Pakistani mediator in...
Mark Mobius, emerging markets investing pioneer, dies at 89
MARK MOBIUS, who put emerging markets on investors’ radar with on-the-ground insights over more than four peripatetic decades, has died. He was 89.
He died...
Foreign investors flee Thailand as ME war dashes hope for economic revival
SINGAPORE — Foreign investors are selling Thai assets as an energy shock from the US-Israeli war on Iran threatens to snuff out hopes for...
UK proposal to charge tourists to visit museums sparks backlash amid restitution demands
LONDON — Britain is considering introducing entry fees for tourists visiting some of England’s most renowned museums, a proposal that has drawn criticism from...
Trump says Lebanese and Israeli leaders to speak, Pakistan says Lebanon peace essential
BEIRUT/JERUSALEM — US President Donald Trump said Lebanese and Israeli leaders will speak for the first time in decades on Thursday, while Pakistan said peace...
China solar makers say war-induced renewables demand won’t fix overcapacity
BEIJING — Chinese solar manufacturers say any boost to global demand for renewable energy from the oil supply shock caused by the Iran war...
EU working on jet fuel plan as Iran crisis threatens air travel
BRUSSELS/LONDON — The European Union is drafting plans to tackle a looming jet fuel supply crunch and maximize refinery output, officials said.
European airlines have warned of jet fuel shortages within...
IMF chief says 12 or more countries seeking loans to cope with Middle East...
WASHINGTON — The International Monetary Fund expects at least a dozen countries to seek new loan programs to cope with surging energy prices and...
US optimistic of deal with Iran as it increases economic pressure
WASHINGTON/DUBAI — The Trump administration expressed optimism on Wednesday about reaching a deal to end the war with Iran, while also warning of increasing...
Iran offers proposal allowing ships to exit Oman side of Hormuz free of attack, source...
DUBAI — Iran could consider allowing ships to sail freely through the Omani side of the Strait of Hormuz without risk of attack as...
Sovereign borrowers launch platform to amplify voice in debt talks
A GROUP of officials from developing economies launched on Wednesday the Borrowers' Platform, an effort backed by the United Nations to give debt-hit nations...