Bloomberg
Bloomberg
Bloomberg/reuters
London Metal Exchange halts electronic trading across metals markets
Prices were mixed before the outage, with copper up 0.6 per cent and aluminum down 1.3 per cent
 "London Metal Exchange halts electronic trading across metals markets")
Ozempic patent expiry to trigger boom in weight-loss drugs in India
India is the first major country after Canada where Novo is losing patent on semaglutide and will see an onslaught of generic versions
 "Ozempic patent expiry to trigger boom in weight-loss drugs in India")
India sees power demand surge to a record, adding to energy crisis
The war in the West Asia, now in its third week, has roiled energy markets, cutting off flows of crude and liquefied natural gas to the world and driving up prices
 "India sees power demand surge to a record, adding to energy crisis")
EU considers redirecting Red Sea naval mission to protect Strait of Hormuz
The EU operation in question is Aspides, which was launched in 2024 after the Houthis attacked shipping vessels in the Red Sea
 "EU considers redirecting Red Sea naval mission to protect Strait of Hormuz")
Currency bears beware: Asia's central banks step in to stabilise markets
RBI also intervened in onshore and offshore markets, buying ₹1 trillion ($11B) in bonds on March 6 to curb rupee losses
 "Currency bears beware: Asia's central banks step in to stabilise markets")
Gulf economies at risk of worst slump since early 1990s on Iran war
Qatar and Kuwait could each see their gross domestic product contract by 14% this year should the conflict continue through April
 "Gulf economies at risk of worst slump since early 1990s on Iran war")
Bitcoin climbs in Asia as traders grapple with uncertainty in West Asia
Bitcoin has weathered the war with Iran, which broke out at the end of February, better than many traditional assets
 "Bitcoin climbs in Asia as traders grapple with uncertainty in West Asia")
Saudi offers Red Sea route for oil buyers as Hormuz crisis persists
Saudis have a 5 million barrel-a-day pipeline that runs across the country to the Red Sea, although export capacity at Yanbu may be smaller than that
 "Saudi offers Red Sea route for oil buyers as Hormuz crisis persists")
US says Iran war-driven oil reserve release will be structured as exchange
Countries around the world are planning releases from strategic oil reserves as the war in West Asia chokes supply and sends fuel prices soaring
 "US says Iran war-driven oil reserve release will be structured as exchange")
Trump leaves allies, adversaries guessing on endgame for Iran war
Trump administration is planning to announce as soon as this week that multiple countries have agreed to form a coalition to escort ships through the corridor
 "Trump leaves allies, adversaries guessing on endgame for Iran war")
Wild weather disrupts flights, dumps snow, and knocks out power in US
Heavy snow touched off blizzard warnings from South Dakota to Michigan's Upper Peninsula on Sunday, the National Weather Service said
 "Wild weather disrupts flights, dumps snow, and knocks out power in US")
Ozempic patent expiry set to trigger weight-loss drug boom in India
India is the first major country after Canada where Novo is losing patent on semaglutide and will see an onslaught of generic versions
 "Ozempic patent expiry set to trigger weight-loss drug boom in India")
Gold wavers near $5,000 as West Asia war fuels market uncertainty
Gold steadied after dropping for a second straight week, under pressure from rising energy prices and inflationary concerns arising from the US-Israeli war with Iran
 "Gold wavers near $5,000 as West Asia war fuels market uncertainty")
Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia
The West Asia accounts for some 9 per cent of the world's aluminum output, and Alba's cuts add to other reductions that have stoked supply fears
 "Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia")
Honda's costly EV gamble raises questions about automaker's future
Long known for spunky and innovative vehicles, Honda has had trouble in recent years living up to that reputation, nowhere is that more the case than in the US, by far its largest revenue generator
 "Honda's costly EV gamble raises questions about automaker's future")
China economy shows surprise rebound before West Asia war disruptions
Industrial production climbed 6.3% in the January-February period from a year ago, its fastest growth since September and up from 5.2% in December
 "China economy shows surprise rebound before West Asia war disruptions")
India walks diplomatic tightrope between Iran and US as war bites economy
India's Brics presidency faces an early challenge as Iran seeks condemnation of US-Israel strikes, while fellow members Saudi Arabia and the UAE, targets of Iranian attacks, complicate consensus
 "India walks diplomatic tightrope between Iran and US as war bites economy")
Oil market set for tumultuous week on rising West Asia conflict risks
Asian nations seeking US energy to reduce reliance on West Asia
 "Oil market set for tumultuous week on rising West Asia conflict risks")
Trump rejects deal with Iran on current terms as West Asia war escalates
Trump also called on other countries to send warships to keep open the waterway through which about a fifth of the world's oil exports flow
 "Trump rejects deal with Iran on current terms as West Asia war escalates")
From Fed to BOJ, global central banks brace for fallout from Iran war
Interest-rate bets that fully anticipated easing in the US have eroded, while possible hikes in the UK and euro zone later in the year are now being priced in
 "From Fed to BOJ, global central banks brace for fallout from Iran war")