Putin is ramping up Russian ballistic missile production and clearly intends to bomb Ukraine into submission. If he is not stopped, the Ukrainian civilian population will pay a terrible price and Kyiv may be pushed toward capitulation, writes Mykola Bielieskov. The post Ukraine cannot defeat Putin’s

Indians are getting into debt like never before, with digital lenders originating four out of five personal loans. Both developments are troubling, but the sheer proliferation — and the outrageous usury — of smartphone-based borrowing platforms is the bigger headache.

Oil rose as prospects for a lasting agreement to reopen the Strait of Hormuz remained elusive. Treasuries held their losses ahead of the key US jobs data report.

Lead program now in Phase 1 development Lead program now in Phase 1 development

The yen is heading into the end of the week having surrendered nearly half of its intervention-driven gains, fueling speculation among traders that authorities may step into the market again.

Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they’re allowed to use it, according to local media reports on a proposed Iran-Oman deal. Bloomberg's Michael Heath reports. (Source: Bloomberg)

US Stocks open mixed as SanDisk's forecast miss reignites storage chip selloff fears and Asian tech tumbles for a second straight day, even as Dow futures push higher on Hormuz deal optimism and gold surges 5% to a fresh record

Gulf shipping traffic down after Houthis say they attacked Saudi tanker Reuters

Rheinmetall AG is turning to its own frigate and several smaller boats to fill up its underused shipyards after losing a German naval contract worth several billion euros.

European shares scale record peak on earnings, US-Iran optimism Reuters