Shares cautious in Asia as earnings loom, oil slips

Business Recorder • Oct 12, 2026

SYDNEY: Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge ​to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf. There was considerable confusion about President...

SYDNEY: Asian share markets got off to a cautious start on Monday as earnings season loomed as a challenge ​to sky-high tech valuations, while oil was choppy after strikes on shipping and airports in the Gulf. There was considerable confusion about President Donald ‌Trump’s announcement of an energy ceasefire between Ukraine and Russia, which neither side had confirmed. Trump’s proposal for Russia to increase its ex...