Rest Of World

As oil moves above $115 a barrel, Apac governments are scrambling to reduce energy demand as the OECD sees US inflation rising to 4.2% this year. Markets are bracing for more turmoil as the war escalates with the Houthis joining the fight.

Recent deals have involved hotel, food delivery and energy assets from firms in Vietnam, Taiwan, Japan and Thailand. Japanese corporates are seeking diversification in western markets.

Financial markets in the Middle East, Apac and across the world are being hit as the price of a barrel of crude and West Texas Intermediate (WTI) oil surges above $100; the impact on aluminium is another issue.

Hong Kong-based De Sousa discussed resources, hybrid working, the bank's Green Weighting Factor and how artificial intelligence is an enabler, for International Women's Day.

Energy prices are rising, stock markets are falling and flights remain cancelled as Iran continues attacks on countries across the Middle East, as Israel and the US ramp up pressure.

The oil price has surged to $82 a barrel amid disruption in the Strait of Hormuz as Iran responds with multiple missiles across the Middle East after the US and Israel launched strikes on Iran over the weekend; the UAE has closed its stock markets for two days.

The bank's shares climbed as it beat analysts' expectations despite facing a commercial real estate charge of $700m in Hong Kong. Chairman Brendan Nelson is confident of growth in Asia this year.

Amid a structural shift towards Asia, Insilico Medicine's IPO in December was a significant moment for the exchange, while French biotech TheraVectys is understood to be considering a listing.

US president Donald Trump has issued 15% tariffs on every country exporting to the US after his so-called reciprocal tariffs were ruled illegal by the US Supreme Court.