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US sanctions threat puts Iranian oil exports in peril; prices hit multi-month high

Amid geopolitical concerns stemming from escalating anti-government protests in Iran, oil prices continued their upward trend, marking a fourth consecutive session of gains during Asian trading on Tuesday due to fears of potential supply disruptions. Widespread anti-government demonstrations, marked by significant violence and reported heavy casualties due to a security force crackdown, are currently impacting

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Business

JPMorgan kicks off earnings season with a surprise dip in investment banking fees

JPMorgan Chase has kicked off the latest US earnings season with an unexpected stumble in one of Wall Street’s biggest revenue lines. The bank’s investment-banking fees fell in the fourth quarter, even after it had signalled last month that the business was set for a small gain. The results still showed strength elsewhere, including stronger-than-expected

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Business

Delta Air Lines posts record Q4 revenue, so why is DAL stock crashing?

Delta Air Lines (NYSE: DAL) reported record full-year revenue of $58.3 billion and strong fourth-quarter results, yet shares plummeted 5% in premarket trading on Tuesday. The plunge came as the investors focused on disappointing 2026 guidance and margin signals that suggest the airline’s profit growth will significantly slow next year. The paradox reflects a earnings

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Business

ClearBank picks Taurus for stablecoin wallet services in UK payments push

ClearBank has selected digital asset infrastructure firm Taurus to support its expansion into stablecoin-related services, as the UK clearing bank looks to broaden its payments and digital asset offering for clients. The partnership centres on ClearBank using Taurus-PROTECT as its wallet infrastructure provider. The fintech said the setup is designed to help it deliver digital

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Business

Drone strikes damage oil tankers in Black Sea near Russia, threatening energy trade

Four oil tankers, all managed by Greek interests, sustained damage from unidentified drone strikes in the Black Sea on Tuesday.  The incident occurred while the vessels were en route to the Caspian Pipeline Consortium (CPC) terminal, situated off the Russian coast, to take on oil cargo.  The attack has been confirmed by eight separate sources

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Business

EU-Mercosur deal highlights limits of US pressure in South America

After 25 years of negotiations, the European Union and South America’s Mercosur group have reached a comprehensive trade agreement that is transforming regional economic and political dynamics, highlighting the limits of pressure tactics adopted by US President Donald Trump’s administration. Officials and observers believe the agreement demonstrates how South American governments are increasingly seeking diverse

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Business

US inflation steady in December as core CPI remains at slowest pace since 2021

US consumer inflation matched expectations in December, reinforcing market expectations that the Federal Reserve might keep interest rates on hold when it meets later this month. The Consumer Price Index for All Urban Consumers rose 2.7% in the 12 months through December, the US Bureau of Labor Statistics said on Tuesday, exactly in line with

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Business

Duolingo stock forecast as CEO warns of “near-term tradeoffs”

Duolingo stock crashed to its lowest level since August 2024, continuing a downward trend that started in May last year when it peaked at $544. It has dropped by 70% below its all-time high, erasing billions of dollars in value as its valuation plunged to $7.48 billion. CFO departure concerns as management warns of short-term

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India’s inflation ticks up in December but remains well below RBI target

India’s consumer price inflation edged higher in December, but remained well below both economists’ expectations and the central bank’s medium-term target, reinforcing expectations that monetary policy will stay accommodative in the months ahead. Group Category Dec 2025 (Prov.)Rural Dec 2025 (Prov.)Urban Dec 2025 (Prov.)Combd. Nov 2025 (Final)Rural Nov 2025 (Final)Urban Nov 2025 (Final)Combd. Dec 2024Rural

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SGX explores Asian bond futures as global investors ramp up regional debt

Singapore Exchange is exploring the launch of new bond futures linked to major Asian government debt markets, as global investors deepen their exposure to the region. The exchange has held multiple calls with treasury officials from international banks to discuss futures tied to sovereign bonds across India and several Southeast Asian economies, Bloomberg reported, citing

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