Markets
Oil steadies as IEA and G7 move to release record reserves
Oil is trading flat in expectation that the International Energy Agency could trigger the largest-ever release of oil reserves, exceeding the 182 million barrels in 2022 after Russia’s invasion of Ukraine. The G7 will also meet on Wednesday to discuss using the reserves.
Business
The new frontier: Record €42.5bn pours into Central and Eastern Europe
The M&A markets in Poland, Austria, Romania and Lithuania were the most attractive for foreign capital in Central and Eastern Europe in 2025. The region attracted a record inflow despite the war in Ukraine, the slowing German economy and trade tensions.
Markets
South Korean stocks suffer worst day on record amid Iran war shocks
Asian markets suffered heavy losses on Wednesday, with South Korea’s main index (Kospi) plunging more than 12%, recording its worst single-day decline in history as the widening conflict in Iran continues to disrupt global markets.