ECB Acting Too Late Can Be Costlier Than Acting Earlier, Radev Says

Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows

Oil prices jumped Thursday after the U.S. launched a fresh round of military strikes against Iran, stoking worries that the Iran war could drag on, disrupting energy supplies for longer. U.S. crude oil futures for July rose 2.94% to $92.68 per barrel. Brent futures, the international benchmark, for August delivery gained 2.52% to $95.45 per barrel.

New Zealand Primary Exports Seen Slower After Stellar 2026 Gain

Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend

A raft of companies has been shifting operations to Malaysia from Singapore in recent months, illustrating a broader trend of global mobility that has firms seeking jurisdictions with lower costs, tax incentives and access to larger markets. Apparel giant H&M announced in May that it would relocate its Southeast Asian headquarters from Singapore to Kuala Lumpur, affecting 78 positions. Meanwhile Heineken said in March that it would move large-scale production for its Asia Pacific Breweries...

US Launches Second Round of Strikes on Iran