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World shares, oil prices impacted by Iran
BANGKOK — World shares advanced Thursday, while U.S. futures slipped as Iran launched more missiles at Israel on the sixth day of the war in the Middle East.
The future for the Dow Jones Industrial Average fell 0.2 per cent.…
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IMF warns prolonged Middle East conflict risks global stability
International Monetary Fund Managing Director Kristalina Georgieva has cautioned that the escalating conflict in the Middle East could undermine global economic stability if it becomes prolonged, flagging risks to energy markets, inflation trends and …
Middle East heat may ripple across India’s energy supply chain, flags Goldman Sachs
As tensions continue to heat up in the Middle East, concerns are raising about disruptions to one of the world’s most critical energy shipping routes, the Strait of Hormuz. Any disruption could significantly affect major oil-importing count…
China ramps up ‘high stakes’ tech race with US as economic imbalances deepen
China on Thursday, March 5, set out a five-year roadmap to turbocharge scientific breakthroughs and embed AI across its industrial ?economic machine, framing technological dominance as a core national security goal in its sharpening rivalry with the U…
Sinking of Iranian frigate off Sri Lankan waters an act of stunning recklessness by the Trump administration
The sinking of IRIS Dena in international waters is the first acknowledged instance of an American submarine sinking an enemy surface vessel since World War II, and the first torpedo-based sinking of any warship since the 1982 Falklands War
The …
Takeaways from China’s national congress opening and 5-year blueprint
BEIJING (AP) — China on Thursday set its lowest economic growth target since 1991 at the opening of its annual national congress, in what some economists interpreted as a reflection of pragmatism as a weak domestic economy bites.…
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Does India own the Indian Ocean? Sinking of IRIS Dena raises questions on India’s maritime influence
The Indian Ocean, named after India, holds significant strategic and economic importance. But how much control does India truly have over these waters?
Recent events, such as the US Navy’s sinking of the Iranian frigate IRIS Dena, have stirred debates…
China hikes defence budget by 10 per cent to USD 275 billion
BEIJING, Mar 5: China on Thursday hiked its defence budget by a little over 10 per cent to USD 275 billion, about USD 25 billion more than last year as it ramped the modernisation of armed forces to catch up with the US military.…
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China lowers economic growth target to 4.5-5% amid global, domestic uncertainties
China on Thursday lowered its GDP target to 4.5 to 5 per cent for this year in the face of Trump’s trade tariff war, the worsening global crisis following the US-Iran war and headwinds in the domestic economy, owing to property market slump and …
Stock Market Today: S&P 500, Dow Jones Futures Decline Amid Reports Of Iran Initiating Contact With Trump-Trade Desk, Webull, Broadcom In Focus
U.S. stock futures fell on Thursday following Wednesday’s positive close. Futures of the major benchmark indices were lower.
However, the New York Times reports that the Iranian leadership has initiated contact with Trump to explore potential ceasef…