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The Business Standard

Wednesday
May 13, 2026

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WEDNESDAY, MAY 13, 2026

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

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    • South Asia
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Representational image. File Photo: Reuters

Dollar gains as Trump says Iran peace offer 'unacceptable'

The euro was down 0.2% at $1.1757, the yen slipped 0.3% to 157.155 yen per dollar and the British pound was 0.3% lower at $1.3590

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

Apple iPhone 16 on display at an Apple store in New York. Photo: Collected

Apple settles lawsuit over late Siri AI features for $250 million

Currency dealers work as an electronic board displays the Korea Composite Stock Price Index (KOSPI) in Seoul, South Korea, May 6, 2026. Photo: REUTERS/Kim Soo-hyeon

Asia markets hit records on AI euphoria, Iran peace hopes

File Photo: Reuters

Oil prices fall a second day as Trump indicates possible Iran peace deal

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