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Markets asian news

Ryan Browne - Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout - cnbc.com - France - China

Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout

Shares of French video game publisher Ubisoft surged more than 30% on Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company.

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Diana Olick - Mortgage rates spike after stronger-than-expected jobs report - cnbc.com

Mortgage rates spike after stronger-than-expected jobs report

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government's monthly employment report. The rate is now 6.53%, according to Mortgage News Daily.

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Joe Biden - Spencer Kimball - Biden discourages Israel from striking Iran's oil industry, crude posts best week in more than year - cnbc.com - China - Israel - state Texas - Iran - city Tehran

Biden discourages Israel from striking Iran's oil industry, crude posts best week in more than year

U.S. crude oil on Friday posted its biggest weekly gain in more than a year, as traders fear Israel could strike Iran's crude facilities in retaliation for Tehran's ballistic missile attack.

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Karen Gilchrist - Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks - cnbc.com - Japan - Taiwan - Usa - South Korea - Germany - Switzerland

Maersk slumps 5% as the end of U.S. port strikes weighs on European shipping stocks

Shares of Moller-Maersk slumped more than 8% on the Friday market open as European shipping companies fell on the conclusion of a U.S. port strike.

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China Buys Nearly All of Iran’s Oil Exports, but Has Options if Israel Attacks - nytimes.com - China - Usa - Israel - Iran - Syria - Venezuela - city Tehran

China Buys Nearly All of Iran’s Oil Exports, but Has Options if Israel Attacks

Iran’s oil infrastructure has been pushed to the center of the escalating conflict in the Middle East, but an Israeli strike on Iran’s energy facilities would also affect China directly.

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Lee Ying Shan - Goldman Sachs says crude could spike by $20 on Iran oil shock - cnbc.com - China - Israel - Iran - Uae - Saudi Arabia - city Tehran

Goldman Sachs says crude could spike by $20 on Iran oil shock

Oil prices could shoot up $20 per barrel if Iranian production sees a hit, according to Goldman Sachs.

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Sam Meredith - Why oil prices haven't skyrocketed on Middle East supply fears — yet - cnbc.com - China - Israel - Iran - Sweden

Why oil prices haven't skyrocketed on Middle East supply fears — yet

Oil prices have jumped more than $5 a barrel since the start of the week amid intensifying fears that Israel could launch an attack on Iran's energy infrastructure.

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Hadi Azmi - Malaysia’s palm oil lobby hails reprieve from EU deforestation law: ‘victory for common sense’ - scmp.com - Malaysia - Eu

Malaysia’s palm oil lobby hails reprieve from EU deforestation law: ‘victory for common sense’

The new rule will mandate paperwork to prove commodities can be traced to their original plot of land via satellite coordinates and maps. This documentation must be submitted before products or raw materials are exported to the EU market.

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