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Asia Markets Tumble as Oil Nears $120 a Barrel | Asia Markets Plunge Amid Middle East Tensions | BlackRock Misses Long-Term Flow Expectations Amid Asia Outflows | Asia Markets Tumble as Oil Nears $120 a Barrel | Asia Markets Plunge Amid Middle East Tensions | BlackRock Misses Long-Term Flow Expectations Amid Asia Outflows

Markets / Asia Markets

Asia Markets Tumble as Oil Nears $120 a Barrel

Asia markets experienced a significant downturn as oil prices approached $120 a barrel, triggering a circuit breaker in South Korea and reflecting broader regional anxieties. The surge in oil prices followed production cuts by major Middle...

Surging Oil Prices Tank Stocks in Asia
Asia Markets Tumble as Oil Nears $120 a Barrel Image via The New York Times
TOPIC asia markets

Markets / Asia Markets

Asia Markets Plunge Amid Middle East Tensions

Asian markets tumbled on Wednesday, March 3, 2026, amid escalating tensions in the Middle East and concerns about China's economic performance. South Korea's Kospi led the decline, followed by losses in Japan, Australia, and Hong Kong.

South Korea's Kospi plunges 7% amid selloff in the region as Middle East war escalates

Finance / Asset Management

BlackRock Misses Long-Term Flow Expectations Amid Asia Outflows

BlackRock (BLK), the world's largest asset manager, recently reported its long-term investment flows, which did not meet market expectations. This shortfall appears significantly influenced by notable outflows from the Asian region, highlig...