Business Recorder
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Business Recorder
Rubio says Iran deal could take days as US launches fresh strikes
U.S. Secretary of State Marco Rubio said on Tuesday negotiating a deal with Iran could “take a few days,” quashing hopes for an imminent end to the conflict a day after U.S. forces conducted what Washington called defensive strikes in southern Ir…
#USA #Iran #Iranattack
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Business Recorder
China, Pakistan reach ‘new broad consensus’ on boosting ties
KARACHI: China and Pakistan have reached a new broad consensus on deepening their strategic partnership, according to a joint statement issued by the countries at the end of Prime Minister Shehbaz Shari’s visit to Beijing. China, Pakistan…
#China #PakistanChina
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Business Recorder
Australia-India-Japan-US Quad urged to address ‘connectivity choke points’
NEW DELHI: At the beginning of the Quad meeting on Tuesday, Indian Foreign Minister S Jaishankar said Australia, India, Japan and the U.S. need to address “connectivity choke points” and resource concentration. “We have to address issues like su…
#Quad #India #USA
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Business Recorder
Indian shares muted as US strikes dent Mideast peace hopes, spur caution
India’s equity benchmarks were muted on Tuesday, as U.S. strikes dented hopes of an imminent peace deal with Iran, a day after the indexes jumped to two-week highs as investors bet on the end to the months-long war. U.S. Secretary of State Marco…
#IndianShares #USstrikes
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Business Recorder
Gold fell on Tuesday as fresh U.S. attacks in Iran pushed oil prices higher, fuelling concerns around inflation and higher-for-longer interest rates. Spot gold was down 0.6% at $4,542.20 per ounce as of 0401 GMT. U.S. gold futures for June delive…
#IndianRupee
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Business Recorder
Indian rupee’s rally may be halted by dented peace deal hopes, month-end dollar demand
MUMBAI: The Indian rupee’s three-day winning streak is likely to run into resistance on Tuesday as fresh U.S. strikes in the Middle East dent optimism over an imminent peace deal with Iran, with traders also expecting month-end flows to weigh. T…
#India #Rupee
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Business Recorder
Oil rises, stocks mixed as new US strikes dampen peace deal optimism
SINGAPORE: Oil prices rose on Tuesday and stocks were mixed as investor optimism over an imminent US-Iran peace deal was tempered by new U.S. strikes in the Middle East. Iran’s top negotiator and its foreign minister were in Doha for talks with …
#Oil #USA
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Business Recorder
Dollar wobbles as markets cling to hopes for Middle East peace deal
SINGAPORE: The dollar nursed losses on Tuesday on rising investor optimism of a deal being struck to reopen the crucial Strait of Hormuz and end the three-month-long Iran war, although fresh U.S. attacks on Iranian targets weighed on sentiment. …
#Dollar
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Business Recorder
Brent oil gains 2% as US military strikes on Iran add to uncertainty on potential peace deal
SINGAPORE: Brent crude futures rose over 2% in Asian trade on Tuesday after the U.S. military carried out strikes in Iran, keeping markets on edge as a deal to end the war and open up the Strait of Hormuz remained elusive. Brent futures were up …
#BrentOil #USA #Iran
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Business Recorder
Xi praises Pakistan’s Iran peace efforts
BEIJING: President Xi Jinping hailed China’s “unbreakable” friendship with Pakistan on Monday as he met Prime Minister Shehbaz Sharif in Beijing, seeking to deepen their “all-weather” partnership. Xi welcomed the Pakistani leader as an “old friend…
#XiJinping #Iran #Diplomacy
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