Oil rigs in sea with shore in foreground

Oil Markets Set the Stage for the Takaichi-Trump Summit as Dubai Crude Approaches Record Highs

Prime Minister Takaichi’s scheduled White House meeting with President Trump on Wednesday takes place against a commodity market backdrop that has transformed the bilateral agenda from trade and defense into an energy security negotiation of existential importance for Japan’s economy. Dubai crude, the benchmark most relevant to Asian physical oil markets, has surged toward $166…

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Hong Kong city aerial view at night with traffic patterns

Markets Enter the Weekend with Record Highs Across Asia as Japan’s Election Outcome Appears Settled

Asian equity benchmarks closed Friday’s session at or near record levels across the board, with investors positioning for what polling data suggests will be a decisive LDP victory in Sunday’s Japanese general election. The Nikkei 225 crossed 54,000 for the first time this month and the TOPIX scaled a fresh peak, while the KOSPI consolidated…

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