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Oil rises as expanding US-Israel war with Iran heightens supply risks
SINGAPORE, March 3 (Reuters) - Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Reuters
7 minutes ago
European shares fall again as Middle East war drags on
March 3 (Reuters) - European shares extended their decline on Tuesday as the global equity selloff deepened, as investors grappled with the prospect of a drawn-out Middle East war, and a sharp jump in oil prices led to fears of a rise in the cost of living.Reuters
10 minutes ago
Black Tuesday for South Korean Stocks: SK Hynix and Samsung Plunge 10% Amid Escalating US-Iran Conflict; KOSPI Records Largest Single-Day Drop in 19 Months
TradingKey - On Tuesday (March 3), South Korean chipmaker SK Hynix closed down 11.5% and Samsung Electronics fell 9.88%, dragging the broader South Korean stock market lower.TradingKey
an hour ago
Middle East Conflict Persists, Asian Stocks Plunge on Risk Aversion, Local Markets Show Resilience
TradingKey — Asia-Pacific stock markets plummeted during the Asian trading session. The Nikkei 225 Index fell over 3.3% to 56,124, while the TOPIX Index dropped 3.3% to 3,769 points. South Korea's KOSPI Index closed down sharply by 7.2% at 5,792.2 points. The Shanghai Composite Index fell more than 1.4%, the Shenzhen Component Index dropped over 3%, and the Hang Seng Index declined by more than 1%.TradingKey
an hour ago
Iran conflict raises odds BOJ will forgo rate hike in March, sources say
TOKYO, March 3 (Reuters) - Fresh market volatility triggered by the Middle East conflict has heightened the chance the Bank of Japan will hold off on raising rates in March, sources said, as policymakers need more time to gauge the impact on the economy.Reuters
2 hours ago
Euro zone inflation could surge on lengthy Iran war, ECB's chief economist warns
March 3 (Reuters) - A prolonged war in the Middle East could cause a substantial spike in euro zone inflation and reduce economic growth, European Central Bank Chief Economist Philip Lane told the Financial Times in an interview published on Tuesday.Reuters
3 hours ago
Yen, euro under pressure as Middle East conflict stokes energy concerns
TOKYO, March 3 (Reuters) - The yen and euro languished on Tuesday as the widening Middle East conflict focused attention on countries dependent on energy imports and how central banks might respond to inflation pressures.Reuters
3 hours ago
US, China trade chiefs to meet mid-March before Trump-Xi summit, Bloomberg News reports
Top US, Chinese trade negotiators set to meet in mid-March, Bloomberg News reportsUSTR Scott Bessent, Chinese Vice Premier He Lifeng expected to meet in ParisChinese purchase commitments for Boeing, US soybeans on the agendaMeeting suggests Xi, Trump summit will go ahead in late March BEIJING, Ma...Reuters
3 hours ago
Airline stocks extend falls as fuel price uncertainty weighs
SYDNEY/HONG KONG, March 3 (Reuters) - Asian airline shares extended losses on Tuesday as the U.S. and Israeli war against Iran escalated, with carriers closely monitoring fuel price spikes and many seeing a surge in bookings as passengers switch from Middle Eastern airlines.Reuters
4 hours ago
GLOBAL MARKETS-Stock slide as Middle East air war fans inflation fears
SINGAPORE, March 3 (Reuters) - A selloff in stocks deepened on Tuesday and the dollar strengthened as investors considered the implications of U.S. and Israeli strikes on Iran on energy prices and the global economy.Reuters
4 hours ago
Japan extremely vigilant about financial markets, finance minister says
TOKYO, March 3 (Reuters) - Japanese authorities are closely monitoring financial markets with heightened vigilance as Middle East tensions fuel volatility, Finance Minister Satsuki Katayama said on Tuesday, adding that Tokyo has been in close contact with overseas counterparts.Reuters
5 hours ago
Prediction market bets on Iran strikes stoke insider trading, ethics scrutiny
Polymarket, Kalshi face scrutiny for bets on Khamenei ousterUS lawmaker threatens to ban prediction markets over ethics concernsPrediction markets grow in popularity By Tom Westbrook SINGAPORE/NEW YORK, March 2 (Reuters) - Bets that were placed on the ouster of Iran's Supreme Leader Ayatollah...Reuters
8 hours ago
Today’s Market Recap: Middle East Conflict Triggers Airline Slump and Inflation Fears as Trump Signals Extended Campaign
A comprehensive market recap for March 2, 2026, detailing the sharp decline in airline stocks like American Airlines as geopolitical tensions between the U.S. and Iran drive up fuel costs. This report covers President Trump’s warning of extended military operations, the escalating $175 billion legal
TradingKey
8 hours ago
US says it wouldn't deliberately target a school after Iran said over 160 killed in strike
WASHINGTON, March 2 (Reuters) - Secretary of State Marco Rubio said U.S. forces "would not deliberately target a school" after Iranian state media reported over 160 were killed in a strike on a girls' school on the first day of the U.S. and Israeli attacks on Iran.Reuters
8 hours ago
Reeves set for careful UK budget update as Iran conflict alarms investors
LONDON, March 3 (Reuters) - British finance minister Rachel Reeves is likely to stick closely to her promises to fix the public finances in a budget update speech on Tuesday that will be overshadowed by alarm among investors over the conflict in the Middle East.Reuters
8 hours ago
