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MIDDLE EAST WAR IMPACT ON COMPANIES
Residential sales dip to lowest since Jan 2023 amid West Asia war, impacting buyer sentimentResidential sales in India experienced a significant dip in April-June, reaching the lowest point since early 2023. Geopolitical tensions a...
Gold price prediction: Why is gold rate down today? What to expect for bullion in July, AugustGold rate today down as oil prices rose following days of tit-for-tat strikes by the United States and Iran in the Middle East raising app...
Tehran-Dubai flights to resume Monday: Iranian mediaFlights between Tehran and Dubai are set to resume on Monday, according to Iranian state media. This comes just weeks after Iran launched d...
Iran FM Araghchi warns any challenge to Hormuz strait will 'increase tensions'Iran's Foreign Minister Abbas Araghchi cautioned on Sunday that any disruption to Tehran's control over the vital Strait of Hormuz would es...
Asia's vendors grapple with rising costs of ever-present plasticsRising plastic costs: Asian food vendors are struggling with soaring plastic costs, a direct consequence of the Middle East energy crisis. ...
International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
Russia’s premier foreign policy forum "Primakov Readings" brought together 400 experts from 17 countriesMoscow hosted the 'Primakov Readings' forum, marking IMEMO's 70th anniversary. Global experts convened to discuss a 'World Without Rules: P...
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long termTata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & C...
Israeli defence minister says 'no US demand' to withdraw from LebanonIsrael's Defence Minister Israel Katz stated that the US has not demanded a troop withdrawal from southern Lebanon, a key Lebanese conditio...
Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
Cummins India bets on local demand as Middle East conflict clouds exportsCummins India anticipates robust domestic demand to fuel its fiscal 2027 growth, despite ongoing Middle East geopolitical tensions impactin...
Iran says deal to end Mideast war 'declaration of US defeat'Iran's chief negotiator, Mohammad Bagher Ghalibaf, declared the recent deal with the US to end the Middle East war as "America's declaratio...
Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...
India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
Poll finds Israelis believe Iran won Mideast warThe poll of 3,644 respondents, conducted between June 17 and 20 by the Hebrew University of Jerusalem in collaboration with the Agam Instit...
Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...