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The Business Standard

Friday
May 15, 2026

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FRIDAY, MAY 15, 2026

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

World+BizUSAAsia
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A woman walks past a Commonwealth Bank of Australia (CBA) logo displayed above a branch in Sydney, Australia, October 15, 2025. Photo: REUTERS/Hollie Adams

Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on

Banks in countries including Australia, Singapore and India flagged possible credit hits of hundreds of millions of dollars each as they reported their March quarter earnings, blaming the indirect...

Bruce Flatt, Chief Executive Officer of Brookfield Asset Management (BAM), poses in front of the company's logo in Tokyo, Japan, May 16, 2019. Photo: REUTERS/Hideyuki Sano

Brookfield set to acquire World Freight Company in $1.2b deal: Sources

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Representational image. File Photo: Reuters

Dollar gains as Trump says Iran peace offer 'unacceptable'

A person holds a Nintendo Switch 2 game console's box as Nintendo starts selling the new consoles globally, at an electronics store in Tokyo, Japan June 5, 2025. Photo: REUTERS/Issei Kato

Nintendo shares slump as price hikes, games shortfall spook market

The new logo of the Bombay Stock Exchange (BSE) building is seen in Mumbai, India, July 12, 2023. Photo: REUTERS/Francis Mascarenhas/ File Photo

Indian shares fall on crude spike, Modi remarks on fuel, gold purchases

Vessels in the Strait of Hormuz near Bandar Abbas, Iran, on 4 May 2026. Amirhosein Khorgooi/ISNA/WANA (West Asia News Agency) via REUTERS

The weaponisation of shipping channels

Illustration: Ashrafun Naher Ananna/TBS Creative

Oil jumps as US, Iran disagree on peace proposal

Nigerian multinational industrial conglomerate Dangote Group's CEO Aliko Dangote speaks on the phone at the Chateau de Versailles, outside Paris, France May 13, 2024. Photo: LUDOVIC MARIN/Pool via REUTERS/File Photo

Africa’s richest man Dangote eyes Kenya for new refinery: FT

A drone view shows a Chinese-flagged oil tanker moored at an oil terminal at Tsing Yi port in Hong Kong, China March 19, 2026. Photo: REUTERS/Joyce Zhou

China energy imports drop in April amid Iran war as fuel exports hit decade low

A general view of Hongkong International Terminals (HIT), owned by Hutchison Port Holdings, as part of the Kwai Tsing Container Terminals for transporting shipping containers in Hong Kong, China July 25, 2018/ Reuters

China April exports rebound strongly after sluggish March, trade surplus widens

File Photo: Reuters

Oil prices plunge after reports of deal to end Iran war

The company logo is displayed at the Samsung news conference at the Consumer Electronics Show (CES) in Las Vegas January 7, 2013. Photo: REUTERS/Rick Wilking/File Photo/File Photo

Samsung Electronics' market cap surpasses $1t after US AI chip stocks surge

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