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MIDDLE EAST WAR FALLOUT
UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...- ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
- IndiGo says it is monitoring Middle East situation, assures passengers on safetyIndiGo has issued a travel advisory for passengers flying to and from the Middle East, assuring them of its commitment to safety amidst evo...
- China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
- Brent crude oil price falls below $90 a barrel on hopes of Iran dealOil prices fell around 5 percent to below $90 a barrel on Tuesday after US President Donald Trump again said an Iran peace deal could be cl...
- Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...
- Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
- Trump says Iran peace deal just 2-3 days awayUS President Donald Trump said on Tuesday that he was in the "final throes" of reaching a Middle East peace deal. "We're in the final throe...
- Trump warned Netanyahu against renewed Iran war: ReportFormer US President Donald Trump revealed he cautioned Israeli Prime Minister Benjamin Netanyahu against engaging in another conflict with ...
- Iraq reopens airspace after Iran ends operation against IsraelIraq reopened its airspace on Monday, the country's civil aviation body said, following Iran's announcement that it was halting its militar...
- Iran launches missiles at Israel for first time since Mideast truceIran war: The sound of air raid sirens echoed through Israel as the military successfully intercepted missiles launched from Iran. In a sta...
- Obama casts a long shadow as a hefty Iran bill lands on Trump’s deskIran seeks billions in frozen assets for a deal with the US. Trump previously criticized his predecessor, Barack Obama, for similar financi...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- US stocks today: Dow Jones drops over 500 points as Middle East tensions escalateWall Street closed lower as Middle East tensions and rising oil prices triggered inflation concerns and profit booking. Financials and tech...
- Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
- India bonds end flat as RBI policy caution offsets cooler oilBrent crude and U.S. Treasury yields eased in Asian trade, taking some pressure off India's oil-sensitive curve.
- RBI may have sold gold to save foreign reserves, BE report showsThe RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid ...
- Indian bonds steady as U.S.-Iran tensions linger; RBI policy review due FridayIndian government bonds saw little movement early Tuesday. Investors are adopting a cautious stance ahead of the Reserve Bank of India's po...
- India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
- Asia's factory output expands as firms stockpile buffers over Iran war risksAsian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. ...
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