June 8, 2025
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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 […]