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Iran-US Truce in Doubt as Israel Strikes Lebanon (Video)
Hugo Ekitike toils on Paris return as passive Liverpool look to Alexander Isak
Hugo Ekitike returned to Parc des Princes with a point to prove, only for the Liverpool striker to leave with a familiar sinking feeling.It was a torrid night for the France international against his former club. He could not showcase how far he has come since leaving Paris Saint-Germain for Bundesliga outfit Eintracht Frankfurt just over two years ago.Advertisement
Gold prices in Pakistan fall amid decline in global market
Gold prices in Pakistan declined on Thursday, reflecting losses in the international market, impacting both investors and consumers. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola decreased by Rs9,500, reaching Rs494,662. Similarly, the price of 10-gram gold dropped by Rs8,415, settling at Rs424,092. The international gold price also fell, dropping by $95 to $4,723 per ounce, with an additional premium of $20. In parallel, sil...
Foreign Selling Streak in Indian Stocks Hits Record on Oil Spike
Foreign exodus from Indian equities continues to hit grim milestones, with overseas investors remaining net sellers for a record 23 straight sessions.
Arm chief Haas in line to lead much of SoftBank’s international business
New job driving Japanese group’s AI strategy would be in addition to running the UK chip company
Risk Rally Sparks Surge in Asia’s Bond Market Issuances
Asia’s bond market is showing renewed momentum, with borrowers jumping in to capitalize on improved risk sentiment during the US-Iran ceasefire.
Orora Hits 12-Year Low as Iran Conflict Shuts UAE Bottle Plant
Orora Ltd. shares slumped to a 12-year low after the Australian packaging company cut full-year guidance for its high-end bottle unit, citing Middle East conflict-related disruptions that halted production at its UAE plant.
Shipping stalls as Tehran dictates terms in Hormuz
Despite US-Iran ceasefire deal fewer tankers passed the crucial waterway than during fiercest days of fighting
EU will still be hit by ‘stagflationary shock’, Brussels warns
European Commission preparing to cut growth forecasts despite two-week Iran war ceasefire
US oil exports to hit record as Iran war triggers race for supplies
‘Armada’ of Asian tankers heads for American ports as energy shortages spread
The case for trade, remade
There are good reasons to believe it is likely to follow the rewiring of global finance earlier this century
Iran war has exposed the weakness of the dollar
As Opec members have long understood, it is not a good idea to give users of your product an incentive to find alternatives
Hormuz Doubts Don’t Stop a Market Celebration
The idea that Iran could charge a toll on shipping would have been unthinkable a month ago.
Poland Set to Hold Rates as Iran Truce Cools Price Pressures
Poland is expected to hold interest rates unchanged as a two-week ceasefire in the US-led war in Iran sent energy costs sharply lower, reducing concerns over a revival in inflation.
Japan Bonds Draw Largest Foreign Inflow in a Year Last Week
Overseas investors bought the largest amount of Japanese bonds in a year last week after large redemption reduced their holdings.
China Has Done Its Best for Mideast Peace, Expert Says
Wang Jin, a Chinese scholar specializing in the Middle East, says Beijing is not in a position to influence Iran’s decisions or change its behavior, but that it has done it best to support the Middle East peace process. Speaking to Bloomberg's The China Show, he points out that China has maintained extensive communication with multiple parties in the region. (Source: Bloomberg)
Japan’s Five-Year Bond Sale Demand In-Line With 12-Month Average
Japan’s five-year government bond auction Thursday saw demand that was in line with the 12-month average, after the temporary ceasefire in the Iran war provided some support.
Mitsui OSK CEO Hopes Vessels Can Move Now Amid Ceasefire
Jotaro Tamura, CEO of Japanese shipping and logistics company Mitsui OSK Lines, says he hopes vessels can resume operations following the US-Iran ceasefire. However, he says the company would need to scrutinize details of the ceasefire agreement and its implementation before allowing its ships to test the Strait of Hormuz. (Source: Bloomberg)
Some Thematics Will Stand Out to Be Winners in Long Term: Eastspring's Woon
Christina Woon of Eastspring Investments says the current environment "can be quite interesting from an opportunity perspective because you can capitalize on the nearer term volatility to also pick up some gems over the longer term." (Source: Bloomberg)
Australian Pensions Suffer Worst Month Since 2022 on Iran War
Australia’s pension funds have endured their worst monthly losses in more than three years as the war in Iran triggered market swings that battered some of their biggest investments.