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MIDDLE EAST TRADE
US official: We expect a deal soon between Iran and Oman on Strait of HormuzOman and Iran are making progress on Strait of Hormuz issues, with a deal anticipated soon. A United States official stated that commercial...- Israel shuts one of its consulates in China amid growing strain in tiesIn a significant shift, Israel has shuttered its consulate in Chengdu, China, effectively ending operations last month. This decision refle...
- Global Market: European shares rise as healthcare stocks offset geopolitical concerns; investors await US jobs dataEuropean stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East ten...
- ETMarkets Smart Talk | AI infrastructure, not just AI software, will drive India's next wealth cycle: Amit JoshiFrom data centres and power transmission to manufacturing and the energy transition, these sectors are emerging as the real enablers of the...
- Tanker reports explosions in Hormuz: Maritime agencyAn oil tanker reported hearing two explosions while transiting the Hormuz Strait. The incident occurred approximately ten miles southeast o...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher despite sharp swings driven by closing auction session confusion. RBI maintained rates, raised FY27...
- Why US markets are rising: S&P 500, Dow hit record highs as Mideast hopes offset SpaceX, AMD dragMajor Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These c...
- Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...
- Global Market: China stocks hit one-week high as chip rally offsets optical module slumpChinese equities climbed to a one-week high, led by semiconductor stocks, while Hong Kong shares edged higher. Improving global risk sentim...
- Hyderabad airport enhances Taipei-Hyd-Dubai cargo corridor with Emirates SkyCargo OpsHyderabad Airport recently celebrated the launch of Emirates SkyCargo's new Boeing 777 Freighter service, which establishes a vital connect...
- Global Market: European shares edge higher as earnings offset Middle East concerns; Lufthansa, Zalando slideEuropean shares saw modest gains as investors reviewed corporate earnings reports. Energy stocks edged higher while oil prices rebounded fr...
- India pharma sector to miss 2030 sales target amid tariff and shipping woes, trade body saysIndia's pharmaceutical industry is expected to reach$80-90 billion by 2030, well below its earlier$130 billion target, as U.S. tariff uncer...
- Global Market Today: Asian shares rise after Wall Street rally driven by tech stocksAsian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while...
- Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
- India-Arab business chambers join hands to push trade & investment tiesIndia and Arab countries signed a trade and investment pact this week. The agreement aims to boost bilateral trade and business partnership...
- South Korea July exports beat forecasts on robust demand for AI investmentsSemiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory ch...
- Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
- Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
- Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
- India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
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