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The back and forth in the U.S.-Iran conflict, which has led to volatility in crude oil prices, has also complicated the central bank’s task of balancing growth with price stability. (Photo by Takanori Okabe)
Numbers driven by stronger demand, but Hong Kong flag carrier warns of headwinds caused by escalating Middle East conflict
Numbers driven by stronger demand, but Hong Kong flag carrier warns of headwinds caused by escalating Middle East conflict
India's central bank on Wednesday held interest rates at 5.25% for a fifth time in a row, even as the country's retail inflation has crossed the Reserve Bank of India's medium-term target of 4%.
Cathay Pacific jets at Hong Kong's airport: The flag carrier has reaped strong earnings despite industry disruptions from the war in the Middle East. (Photo by Yuki Kohara)
Business activity in the UAE's non-oil private sector climbed to four-month high in July, while employment numbers rose, as companies continue to bounce back from the fallout of the Iran war.
The US Supreme Court has rejected a request by the Palestinian Authority (PA) and the Palestine Liberation Organization (PLO) to suspend enforcement of a $655.5 million judgment compensating American families whose relatives were victims of terrorist attacks in Israel in the 2000s.
Topic:Electric Vehicles
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US President Donald Trump told Fox News that Washington is having "very good discussions" with Iran, insisting that Tehran is keen on signing the deal.
Israeli Minister of Finance Bezalel Smotrich has announced a 113 million shekel ($37m) allocation to take control of more than 70 historical sites across the occupied West Bank.
Oil prices tumbled Tuesday as traders once again priced in a U.S.-Iran agreement before anyone had actually signed one.
An elderly Israeli activist was reportedly hospitalized with a brain hemorrhage after being assaulted while removing a sign calling for the release of Yigal Amir, who is serving a life sentence for assassinating prime minister Yitzhak Rabin.
SEOUL, Aug. 5 (Yonhap) -- Seoul shares extended gains late Wednesday morning as easing concerns over artificial intelligence (AI) profitability and hopes for an interim agreement between the United States and Iran over the Strait of Hormuz lifted investor sentiment.
The US Army has used up much of its global stockpile of highly accurate long-range missiles during its five-month war with Iran, according to three people familiar with the data, raising concerns about the military's readiness for future conflicts.
Topic:Royal Commissions
Israeli Prime Minister Benjamin Netanyahu said Tuesday that Israel will not withdraw from its current lines in Gaza until Hamas has completely disarmed and pushed back on a recent deal announced by US President Donald Trump.
The United States has reportedly used up “virtually all” of its stockpile of missiles in five months of war with Iran.
The U.S. military said the Strait of Hormuz was open for all commercial vessels to transit, after Treasury Secretary Scott Bessent claimed that an Iran deal is close.
Casino giant Wynn has set a new September 2027 opening date for its UAE mega resort following construction delays linked in part to the Iran war.
Border Police arrested two suspects Monday after they allegedly vandalized a memorial site in Kibbutz Retamim dedicated to a fallen IDF soldier.
Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC's Daily Open.
"Profits of war" leads the Guardian as it says oil companies have made $90bn from the price surge over the Iran war. An environmental NGO quoted in the paper accuses them of "cashing in on human misery" as a "climate crisis engulfs Europe." Elsewhere, the paper's home affairs editor points out that the electronic ta…
Seoul shares opened sharply higher Wednesday, tracking overnight gains on Wall Street, amid eased woes over artificial intelligence profitability and hopes for an interim agreement between the United States and Iran over the Strait of Hormuz.
El precio del galón de combustible aparece electrónicamente para los distintos grados disponibles en la bomba de una gasolinería QT el jueves 30 de julio de 2026, en Greenwood Village, Colorado. (AP Foto/David Zalubowski)
SEOUL, Aug. 5 (Yonhap) -- Seoul shares opened sharply higher Wednesday, tracking overnight gains on Wall Street, amid eased woes over artificial intelligence (AI) profitability and hopes for an interim agreement between the United States and Iran over the Strait of Hormuz.
Israeli flags placed beside the grave of Staff Sgt. Regev Amar, a soldier who fell in battle in Kibbutz Kissufim on October 7, were vandalized and torn down on Tuesday in Kibbutz Sde Nehemia.
Hezbollah chief Naim Qassem in a televised address criticised Lebanese President Joseph Aoun over direct negotiations with Israel, describing him as "biased and divisive".
US Senator Raphael Warnock has blocked an effort to fast-track the passage of a sweeping Russia-Iran sanctions bill, Punchbowl News reported on Tuesday.
EA's football titles - from Fifa to EA FC - have sold over 325 million copies since the first release in 1993
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An Israeli man and two Gaza residents were indicted on Tuesday after the driver admitted to transporting the two Gazans in exchange for NIS 50.
A Board of Peace official told Al Jazeera on Tuesday that efforts are now focused on implementing the Gaza roadmap but “a long and difficult process lies ahead”.
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More than 100 victims of a 2023 Israeli airstrike were laid to rest in Gaza City on Tuesday in one of the largest funerals held in the Palestinian enclave since the war between Hamas and Israel began nearly three years ago.
More than 100 victims of a 2023 Israeli airstrike were laid to rest in Gaza City on Tuesday in one of the largest funerals held in the Palestinian enclave since the war between Hamas and Israel began nearly three years ago.
DUBAI – A top U.S. official said Tuesday that a deal with Iran to reopen the Strait of Hormuz could be struck “today or tomorrow“, sending oil prices tumbling on hopes of increased shipments through the vital waterway.
Topic:Financial Markets
Published 5 August 2026 7:47am
An IDF soldier undergoing basic training was seriously wounded by gunfire during a shooting exercise at a training base in the Jordan Valley on Tuesday evening.
In the narrow alleys of Old Damascus, tour guide Raslan Ramadan has resumed guiding visitors through the Umayyad Mosque, traditional Damascene houses, and historic markets, after years during which he struggled to organize even a single tour.
Israeli forces have set off a “huge explosion” in the southern Lebanese town of Haddatha, according to reports from Lebanon’s National News Agency.
Rubio: Progress made to reopen Strait of Hormuz
Saudi Aramco said on Tuesday its profits surged 33 percent in the second quarter of this year, as the kingdom benefited from the US-Israeli war on Iran, which drove up energy prices, while its oil pipeline allowed it to bypass the Strait of Hormuz.
The EU has been importing record volumes of Russian liquefied natural gas (LNG) despite a push to fully stop imports from Russia, Bloomberg has reported. Plans exist to end long-term imports of Russian LNG from next year after the EU already banned purchases under new short-term contracts. Yet its latest watered-dow…
Saudi Aramco said on Tuesday its profits surged 33 percent in the second quarter of this year, as the kingdom benefited from the US-Israeli war on Iran, which drove up energy prices, while its oil pipeline allowed it to bypass the Strait of Hormuz.
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