Category : Economy


Asian Markets Tumble on US-Iran War Fears

Asian stock markets fell sharply Tuesday, mirroring Wall Street losses, as US-Iran conflict escalates. Oil prices retreated after a surge amid fragile ceasefire and new military actions.

HSBC Q1 Profits Dip Despite Revenue Growth

HSBC reported a slight dip in pre-tax profits to $9.4bn in Q1 2026, down from $9.5bn a year earlier, due to higher credit impairments and operating expenses, though revenue rose 6% to $18.6bn.

JLR Could Have Left UK Without £380m Battery Subsidy

Government officials warned that Jaguar Land Rover might have moved production abroad without a £380m subsidy for its sister battery company, Agratas, potentially triggering an exodus from the UK car industry.

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