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Oil rises after US launches fresh strikes against Iran
BEIJING, July 9 : Oil prices rose on Thursday after the U.S. launched fresh strikes against Iran, denting hopes for an end to the Iran war and for the full reopening of the Strait of Hormuz, a chokepoint for one-fifth of pre-war global oil supplies.Brent crude futures rose 78 cents, or 1 per cent to…
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Indonesia’s Pertamina, Boeing sign MoU on sustainable aviation fuel development
JAKARTA, July 9 : Indonesian state energy firm Pertamina said it has signed a memorandum of understanding (MoU) with U.S. planemaker Boeing to explore opportunities in developing a sustainable aviation fuel (SAF) industry in the country.Here are some key details:• The agreement aims to support Indone
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Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike bets
HONG KONG, July 9 : The U.S. dollar held firm against most major currencies on Thursday as renewed Gulf tensions revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure.The dollar fetched 162.41 yen, hovering near the strongest level since July 1. The e
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China consumer price growth weakens in June while producer inflation rises on export orders
Investors increasingly view China’s two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.
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AirPods maker Luxshare slides over 5% in Hong Kong debut
The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion).
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Iran war: Trump calls second set of US strikes ‘retribution’
The United States launched fresh strikes on Iran on Wednesday night, the second wave of strikes in 24 hours after President Trump declared a ceasefire to be over. DW has more.
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CNBC Daily Open: Trump turns up the heat on allies and adversaries
The shaky ceasefire in the Middle East appears to have all but collapsed, as U.S. President Donald Trump declaring the ceasefire with Iran over.
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No room for praise yet, we want World Cup title, says Morocco coach Ouahbi
FOXBOROUGH, Massachusetts, July 8 : Morocco will not be wasting time on premature praise for their World Cup run ahead of their quarter-final against France, with any stock-taking to be done at the end of the competition, coach Mohamed Ouahbi said on Wednesday. The game on Thursday is a rematch of the 2022
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Saibari out for Morocco but coach says France game will not hold any surprises
FOXBOROUGH, Massachusetts, July 8 : Morocco have no special plans for their World Cup quarter-final against France but know they will need to match their heavily fancied opponents in all departments, coach Mohamed Ouahbi said on Wednesday. They must, however, cope on Thursday without striker Ismael Saibari,
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