Finance News

Global Energy Crisis: Oil Prices Surge as Strait of Hormuz Tension Escalates

The global energy market is currently facing one of its most significant challenges in decades. As of May 11, 2026, international oil benchmarks have seen a sharp upward trajectory following the effective closure of the Strait of Hormuz, a critical maritime corridor that handles approximately 20% of the world’s total petroleum liquids consumption. Market Reaction: […]

Finance

Myanmar Increases Tariffs on Several Commodities (Effective May 2026)

Introduction Effective May 1, 2026, Myanmar has implemented new tariff rates for various commodities. The Ministry of Finance and Revenue issued Notification 49/2026 on March 30, 2026, increasing the tariff rates for a wide range of goods. This article will discuss in detail how these changes might impact the domestic economy and consumers. Details of […]

Finance

Best No Annual Fee Credit Cards for February 2026

Chase Freedom Unlimited® Card Overview The Chase Freedom Unlimited® is a strong choice for anyone looking for a simple and reliable cash-back credit card. It works well for beginners and everyday spending, thanks to its $0 annual fee, competitive intro APR offers, and a solid 1.5% cash back on most purchases. In addition, this card […]

Finance

Top Student Credit Cards to Consider in February 2026 Build Credit While Earning Rewards

The Discover it® Student Cash Back card is a popular option for students who want to earn rewards while building credit. It offers up to 5% cash back on rotating categories that change every quarter. These bonus categories often include everyday spending. For example, students can earn higher rewards on dining, groceries, and streaming services. […]

Finance

TASI slips 1.9% as Nomu posts a 0.7% decline

The TASI wrapped up the first trading session of February 2026 with a loss of 214.60 points, representing a 1.89% drop from the previous close, ending the day at 11,167.48 points. At the same time, the Nomu Parallel Market Index finished Sunday’s session lower by 175.96 points, or 0.74%, compared with the prior session, settling […]

Finance

Bitcoin drops under $80,000 as liquidity concerns deepen

Bitcoin (BTC-USD), the world’s largest cryptocurrency by market capitalization, slid 6.53% to $78,719.63 as of 12:48 p.m. ET (1748 GMT) on Saturday, extending losses from the previous trading session, according to Reuters. On Friday, bitcoin fell to an intraday low of $81,104, its weakest level since November 21. The decline came as the U.S. dollar […]