Asian markets are cautious as Gulf hostilities keep oil prices high, impacting inflation outlooks and likely leading central banks to pause policy hikes. Hopes for de-escalation emerge with reports of a potential coalition to escort ships through the Strait of Hormuz. Policymakers face elevated energy prices and a potential economic slowdown.
Stove Kraft, TTK Prestige shares plunge up to 5% despite LPG supply squeeze fears from Israel-Iran war. Here’s why
Cooking appliance stocks saw a dip as investors cashed in on recent gains. This occurred even as sales of induction cooktops and electric kettles surged