With Straits Times in consolidation mode over the last 2 weeks trading in a range from 3040 to 3090, is this a distribution or accumulation to go even higher? With previous QE, commodities seems to have gone higher but this time, commodity counters such as IndoAgri, Wilmar, Noble Grp are just lifeless. What’s going on? […]
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BBC News- Oil price at two-year high after Qatar warns all Gulf production could stop within daysEnergy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
- Flight paths squeezed as Iran conflict closes more airspaceA drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf.
- Axel Springer agrees to buy Telegraph Media Group in £575m dealLast year the Daily Mail and General Trust proposed to buy the company in a £500m takeover.
- Will petrol and diesel prices go up now?If oil prices remain high for some time, there could be knock-on effects on the cost of fuel and food.
- Council considers extending food voucher schemeThe council earmarks £1m to pay for the vouchers as part of a new Crisis and Resilience Fund.
- Surge in jet fuel prices could push up air fares, analysts warnDisruption to supplies from the Gulf due to the Middle East conflict has pushed the cost up by more than 80%.
- Emirates resumes some Dubai flights – what's the latest on travel to UK?New flights to the UK from the Middle East follow days of widespread air travel disruption which had left Britons stranded.
- US economy unexpectedly sheds 92,000 jobs in FebruaryThe contraction came as a surprise with payrolls down in nearly every sector.
- Price of first class stamps to rise to £1.80Royal Mail says the increase reflects the rise in delivery costs, but the move angers consumer groups.
- Watch: How war in Iran may affect food and fuel pricesThe BBC's Nick Marsh examines how unrest in the Middle East will impact living costs around the world.
- Oil price at two-year high after Qatar warns all Gulf production could stop within days
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