geopolitics

For Dorian Hsu, Taiwan’s stock boom had looked like a chance to get ahead. The 33-year-old office worker poured his savings into stocks and borrowed $62,000 through an unsecured loan to double down on leveraged bets tied to the benchmark index.

Gold touches seven-week high on Strait of Hormuz reopening hopes Reuters

China’s main steel-industry group called for greater use of yuan-denominated index pricing in the iron ore market, saying such a shift would better reflect supply and demand in the top user of the commodity.

Iran said it had reached an agreement with Oman on a proposed route for shipping through the Strait of Hormuz, a potential step toward a reopening of the critical waterway for energy supplies. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)

The Failed Iran war should spur a long-overdue withdrawal.

The group’s shares have quadrupled, but it has yet to prove itself a serious manufacturing competitor to Taiwan’s TSMC

As the Central Bank of Russia runs out of options and bad loans accumulate on balance sheets, the Kremlin continues to privilege war-linked sectors. The post Russia will sacrifice its civilian economy on the altar of the war effort appeared first on Atlantic Council.

US lifts sanctions on Fly Baghdad, previously linked to Iran's IRGC Reuters

India eyes Venezuela blocks operatorship; regains Russia's Sakhalin-1 stake Reuters

For Dorian Hsu, Taiwan’s stock boom had looked like a chance to get ahead. The 33-year-old office worker poured his savings into stocks and borrowed $62,000 through an unsecured loan to double down on leveraged bets tied to the benchmark index.