Gulf markets dip amid rising geopolitical tensions; Saudi Arabia and UAE stocks fall the most | World News

Gulf markets fell Wednesday as Middle East tensions rose, with Saudi Arabia and UAE leading losses/Representative Image On Wednesday, Gulf stock markets opened broadly lower, tracking regional unrest triggered by Israeli airstrikes targeting Hamas leaders in Doha. The downturn reflects heightened market sensitivity to geopolitical risk, with key indices in Saudi Arabia, the UAE, and […]

‘Not too distant’: Donald Trump hints at upcoming China visit; meeting with Xi Jinping on cards

File photo (Picture credit: ANI) US President Donald Trump said on Tuesday that he may travel to China “not too far into the future” to meet with President Xi Jinping, signalling a potential diplomatic thaw amid intense trade negotiations and geopolitical tensions.Speaking alongside Philippine President Ferdinand Marcos Jr at the White House, Trump confirmed that […]

Oil prices jump on report of Israel prepping Iran strike | World News

HONG KONG: Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.While safe haven gold pushed almost two percent higher, the news from CNN appeared to be having little detrimental effect on Asian […]

Arms maker Saab posts record sales as Europe rearms

Representative image (AP) STOCKHOLM: Swedish defence group Saab on Friday reported soaring quarterly earnings and record sales as European countries beef up their defence capacities amid geopolitical tensions and uncertainties.The company noted, however, that the uncertainties, including those over US President Donald Trump’s tariffs scheme, also “present challenges and make it difficult to predict the […]