If the fighting in Yemen expands, and the Houthis try to block the Bab al-Mandeb, the world economy faces a new shock.
Category: Economy
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South Korea’s SK Hynix raises $26.5bn in record-breaking US IPO
South Korean chip giant makes largest-ever debut by a foreign firm in the US, eclipsing Alibaba’s 2014 IPO.
Strait of Hormuz shipping grinds to halt as US, Iran resume fighting
Brent crude holds steady despite plunge in traffic in critical waterway.
IMF cuts 2026 world growth forecast, citing Iran war fallout
Global economy to grow 3 percent in 2026, as AI demand partly offsets energy shock from Iran war, IMF says.
After Iran war upheaval, global shipping eyes return to status quo
Industry known for its resilience is likely to emerge from war relatively unchanged, analysts say.
