Gold and defense stocks rally while tech and banks sink on war fears
Markets
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Middle East airspace closures rattle global travel and fuel-cost outlook
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U.S Supreme Court ruling scrubs IEEPA duties; new 15% global levy reshapes trade risk
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Air raids, regime-change rhetoric and oil chokepoints rattle markets from Gulf hubs to Wall Street
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Oil risk surges as carriers deploy, missile fire spreads across Gulf
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BUSINESSMARKETSWorld Markets
Nikkei Smashes 59,000 as ‘Takaichi Trade’ Roars Back
by Daphne Dougnby Daphne DougnJapan equities surge on dovish central bank picks while AI rally lifts Asia
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Markets stabilize after 800-point rout, but AI and tariff risks linger
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Anthropic’s COBOL tool rattles legacy IT services as investors question the future of human-dependent outsourcing
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The move comes amid reports that the first pilot licenses could be granted as early as late February 2026, with …
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FTSE inclusion could unlock billions in global capital as Hanoi accelerates reforms