Asian markets drift as Trump mulls Iran strike, oil rises 4% this week; BOJ faces rate hike pressure
Friday, 20 June 2025 Asian markets displayed uncertainty amid escalating US-Iran tensions and potential military action. Oil prices are poised for a third weekly gain despite a Friday dip, fueled by the conflict between Israel and Iran. While the People's Bank of China held rates steady, Japan's rising inflation puts pressure on its central bank, and global central banks are diverging on monetary policy.
In a dramatic escalation of the Iran-Israel conflict, Iran has launched what is being called its most devastating strike yet—targeting Israel’s prestigious Weizmann Institute of Science. Satellite imagery and local reports confirm major destruction at the research hub, known as Israel’s...
Israel has launched a wave of air strikes across Gaza, with northern Gaza City now a primary target following evacuation warnings from the Israeli military. At least 80 Palestinians have been killed..
Canada has officially scrapped its controversial 3% Digital Services Tax after former U.S. President Donald Trump halted all trade talks and threatened new tariffs. The tax, set to target tech giants..
Tensions in the Middle East reach a boiling point as Iran warns the United States that any military strike will lead to "everlasting consequences." This live coverage dives into the..