August 17, 2026 8:28 AM

Asian shares mark time as Gulf war keeps oil prices up

Asian shares drifted sideways on Monday while investors kept a wary eye on oil prices, which notched sizeable gains last week as the lack of progress towards ending the Iran war kept inflation risks tilted to the upside. Progress towards peace talks and oil tanker traffic through the strategic Strait of Hormuz remained halted. Iran on Saturday called on the U.S. to accept defeat, while President Donald Trump urged Americans to accept higher gasoline prices while the conflict continues. At leas...

August 7, 2026 9:21 AM

Asian shares pause for US jobs, oil extends gains on Middle East risk

Asian shares held their breath on Friday for U.S. jobs data that could prove pivotal for next month's interest-rate decision by the Federal Reserve, while rising oil prices served as a reminder that Middle East tensions remain far from resolved. MSCI's broadest index of Asia-Pacific shares outside Japan held flat and was down 0.4% for the week. Japan's Nikkei dropped 0.9% although it was set for a weekly rise of 1.2%. South Korea's KOSPI slipped 0.5% and was down 5.0% for the week for a sevent...

July 24, 2026 8:52 AM

Asian stocks skid as oil spike revives inflation fears, bonds take a hit

Asian shares fell on Friday as oil prices stormed back above $100 a barrel amid an intensifying conflict in the Gulf, rattling bond markets and reviving fears of a fresh inflation shock. Brent crude held at $100.85 a barrel, after surging 7% overnight to a two-month high of $102 as attacks by Iran-aligned Houthis on Saudi tankers in the Red Sea choked off a second crucial Middle East artery for global oil supplies, alongside Iran's near-closure of the Strait of Hormuz. Two weeks since the effe...

July 16, 2026 8:13 AM

Asian shares slump on chipmaker drag, bonds cheer cooler inflation

Asian shares fell on Thursday as chipmakers stumbled ahead of results from bellwether TSMC, while bonds benefited from another benign reading on U.S. inflation that lessened the risk of an imminent rate hike. Oil prices, however, kept climbing as hostilities heated up in the Middle East. Washington continued striking Iran after reimposing a naval blockade of its ports, while Tehran warned of an "existential war" with America. Brent crude futures rose 0.6% to $85.45 a barrel, adding to this week...

July 9, 2026 8:24 AM

Asian shares climb on chip rally, oil jumps as Gulf hostilities resume

Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf reignited inflation fears and hammered bonds. Oil prices rose for a third straight session after President Donald Trump said the interim agreement with Iran to end the war was “over”. U.S. military also launched fresh strikes on Iran for a second day to open the Strait of Hormuz, although Trump later said he did not...

July 2, 2026 11:06 AM

Asian shares fall as chipmakers drag; US jobs data looms

Asian shares skidded on Thursday as investors rotated out of chipmakers following a stellar quarter, while currency and bond markets braced for U.S. jobs data that could gives hints about the risk of interest rate hikes. Oil prices hit new four-month lows, with Brent crude off 0.8% to $71 a barrel, as U.S. President Donald Trump said talks with Iran had gone well in Qatar, and as more oil tankers transited through the Strait of Hormuz. On Thursday, MSCI’s broadest index of Asia-Pacific share...

May 27, 2026 9:07 AM

Global shares scale new peaks as markets eye shaky US-Iran truce

Asian shares climbed to record highs while oil prices remained elevated on Wednesday, as markets looked for signals that a shaky truce between the United States and Iran will be extended. The dollar held gains from the previous session after Iran said the U.S. had violated a ceasefire. New Zealand's dollar rose after the central bank kept its policy rate unchanged but signalled future hikes will need to come sooner. Japanese and South Korean shares scaled fresh peaks after major U.S. stock mar...

May 15, 2026 9:30 AM

Asian shares fall as US yields hit one-year high

Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year. Oil prices kept climbing amid the lack of progress to open the Strait of Hormuz, and as U.S. President Donald Trump said China wanted to buy U.S. oil. Attacks on one ship and the seizure of another stoked concerns about energy supplies, with Brent crude futures up 5.7% this week to $107 a barr...

January 21, 2026 10:02 AM

Asian shares extend selloff as global bond rout fuels fresh anxiety

Asian stocks extended their losses for a third session on Wednesday, undone by heightened tensions over U.S. threats to acquire Greenland ahead of President Donald Trump's Davos speech, while a global bond rout appeared to slow for now. Fears of offshore selling of U.S. assets - the so-called "Sell America" trade that emerged after last year's "Liberation Day" tariff announcements in April - gripped markets as Wall Street tumbled over 2% overnight and the U.S. dollar suffered its biggest fall i...

August 18, 2025 9:14 AM

Global shares scale fresh tops in Asia, oil slips on truce talks

Share markets edged higher in Asia on Monday ahead of what is likely to be an eventful week for U.S. interest rate policy, while oil prices slipped as risks to Russian supplies seemed to fade a little. A general risk-on mood saw indices in Japan and Taiwan make record peaks, while Chinese blue chips reached their highest in 10 months. U.S. President Donald Trump now seemed more aligned with Moscow on seeking a peace deal with Ukraine instead of a ceasefire first, after meeting Russian Presiden...