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Asia shares mixed, oil advances on US-Iran deadlock

April 24, 2026 revoi editor

New Delhi: Asian markets struggled on Friday while oil prices climbed again, as uncertainty over a fragile Middle East ceasefire and stalled U.S.–Iran negotiations dampened investor sentiment. MSCI Asia-Pacific Index excluding Japan edged up 0.3%, heading for a weekly gain of 0.8%. Japan’s Nikkei added 0.45%, while markets in South Korea, China, and Hong Kong […]

Business

Euro hits parity against the dollar for the first time since December 2002

July 13, 2022 Vinayak Barot

New Delhi: The euro has hit parity with the US dollar for the first time since December 2002 as the euro-dollar pair traded below 1 on Tuesday, according to Forex Capital Markets. EUR/USD hits fresh 20-year low below 1.0300 on growing recession fears. EUR/USD is accelerating its decline below 1.0300, hitting the lowest level since November […]

EU Foreign Affairs Council on Russian aggression against Ukraine

Business

Austria rules out ruble payments for Russian Gas

May 6, 2022 Vinayak Barot

New Delhi: Austria has no plans to pay for Russian gas in rubles, The Austrian Foreign Affairs Minister Alexander Schallenberg told the media in an interview. “Our position is clear. We are committed to the already existing agreements with Russia and will not pay in rubles, we have no such intention,” Schallenberg said. In late March, Russian […]