Panic swept through South Korea’s trading floors as concerns over the Middle East conflict sent the world’s hottest stock market to its biggest-ever selloff. The Kospi Index plunged 12% — following a 7.2% drop on Tuesday — as heavyweights Samsung Electronics Co., SK...

The Iranian war is forcing Chinese policymakers into abrupt shifts on the yuan. Just days after easing a derivatives rule that signaled tolerance for yuan weakness, the People’s Bank of China abruptly reversed course, setting its daily reference rate stronger this...

An index tracking emerging-market currencies closed for its worst session since November 2024 as the dollar jumped and traders dumped risk assets amid risks of a prolonged military conflict in the Middle East. An MSCI total return gauge of developing nation currencies...

US equities may need to pull back further before they can mount a durable advance, Goldman Sachs Group Inc.’s trading desk warned, citing fragile sentiment and choppy flows that left the S&P 500 vulnerable after its latest attempt to clear the 7,000 level fizzled....

Gasoline and diesel futures surged on the first day of trading after the US and Israel launched attacks on Iran, threating to blot out one of the biggest bright spots of President Donald Trump’s energy agenda. Gasoline futures jumped as much as 9% Monday as the flow...

Which side runs out of munitions first could determine the outcome of the war.  Just three days into the conflict, the Iran war has become attritional. Waves of drone attacks by the Islamic Republic are putting pressure on the defenses of the US and its partners from...

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon warned that inflation could become a “skunk at a party” for the US economy. “There’s some risk there’s more inflation than people think, and that could be like a skunk at a party if that ever happens,” Dimon...

Amazon.com Inc. may be a leader in the artificial intelligence race, but investors are increasingly unwilling to pay up for the cost of maintaining that position. Shares of the e-commerce and cloud computing giant plunged 12% in February, their worst month since...

The United Arab Emirates’ twin hubs of Dubai and Abu Dhabi, as well as Qatar’s capital Doha, have transformed themselves into global financial centres built on a bedrock of safety, stability and proximity to deep pools of capital. Iran’s attacks on Saturday came as a...