Saudi Arabia to store crude oil in Singapore from 2027 to shield Asian supplies
Saudi Arabia will store crude in Singapore's Jurong Island caverns from late 2027 to shield Asian supplies as Hormuz flows stay disrupted.
Markets26 Oct 2026
Markets
Israel's markets see upside in a Netanyahu defeat after a three-year rally
Israel's markets have soared despite three years of war, but some investors see further upside if the opposition defeats Benjamin Netanyahu in Tuesday's election, Reuters has reported.
Markets26 Oct 2026
Oil slips from six-month highs despite continuing Saudi attacks
Oil prices fell on Monday after surging to near six-month highs late last week, although continuing attacks in Saudi Arabia kept supply concerns firmly in focus.
Markets26 Oct 2026
Gold and silver edge higher on Monday ahead of the Fed meeting
Gold and silver prices edged higher in international markets on Monday 26 October, after both metals recorded sharp losses last week, as investors weighed interest rates, bond yields and crude prices ahead of the Federal Reserve's policy decision.
Markets26 Oct 2026
Musk says SpaceX closed $40 billion debt deal for GPUs
Elon Musk has said SpaceX closed $40 billion in debt financing to buy graphics processing units, in one of the largest AI hardware financings ever disclosed.
Markets26 Oct 2026
Sensex and Nifty fall for a fourth session as crude stays high
Indian markets fell for a fourth consecutive session on Friday, 23 October, as Brent crude near a six-month high and escalating Middle East tensions drove selling far beyond the headline indices.
Markets26 Oct 2026
Brazil stocks dive as Lula wins re-election
Brazilian stocks fell sharply in Sunday-night trading after Luiz Inacio Lula da Silva won re-election, with the iShares MSCI Brazil ETF down nearly 20% and Petrobras down 14%.
Markets26 Oct 2026
Tanker rates near $60m cripple US crude flows to Asia
Record tanker rates driven by the war in Iran are crippling US crude flows to Asia, with freight for a Gulf Coast to China voyage near $60 million and Asian orders for November delivery down about half from September.
Markets26 Oct 2026
American Express to cut about 5% of workforce despite record revenue
American Express has announced plans to eliminate about 5% of its global workforce, around 3,500 jobs, even as it reported record quarterly revenue of $20.1 billion.
Markets26 Oct 2026