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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815…
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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815…
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Stocks, dollar stall ahead of US jobs data; oil gains as Gulf tensions flare
LONDON, Aug 7 : Global stocks headed for their strongest weekly gain since May on Friday, ahead of major U.S. jobs data, as investor optimism over robust earnings growth and enthusiasm over AI offset concern about another flare-up in Middle East tensions that boosted oil.MSCI’s All-World index has risen 2.3 p
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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815…
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Stocks, dollar stall ahead of US jobs data; oil gains as Gulf tensions flare
LONDON, Aug 7 : Global stocks headed for their strongest weekly gain since May on Friday, ahead of major U.S. jobs data, as investor optimism over robust earnings growth and enthusiasm over AI offset concern about another flare-up in Middle East tensions that boosted oil.MSCI’s All-World index has risen 2.3 p
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SK Hynix board approves $38 billion investments for South Korea’s Yongin, Cheongju chip plants
SEOUL, Aug 7 : South Korea’s SK Hynix said on Friday that its board had approved about 54.3 trillion won ($38.30 billion) of investments through 2031, including 35.2 trillion won for the second phase of construction of its chip fabrication plant in Yongin and 19.1 trillion won for its M17 chip plant in Cheongju.
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Thailand to cut excise tax for car production, minister says
BANGKOK, Aug 7 : Thailand plans to cut excise tax rates for automakers that establish production facilities in the country to encourage greater use of locally sourced parts and raw materials, the finance minister said on Friday.• The ministry expects to submit the proposal to the cabinet by September, Ekni
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Hispasat wins lead role in EU’s €15.6 billion IRIS2 satellite network
Aug 7 : Spanish defence company Indra said on Friday its majority-owned satellite operator Hispasat was named prime contractor for antennas, control systems and ground links in the European Union’s IRIS2 secure satellite network, with a budget of over €1.6 billion ($1.74 billion).The operator, 89.68 per cen
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South Korea vows truth over forced overseas adoptions
According to government data, 24 children were adopted overseas in 2025, 58 in 2024, 79 in 2023, and 142 in 2022.
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Oil prices firm on concerns over Strait of Hormuz plans
LONDON, Aug 7 : Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it deems hostile or in violation of proposed rules. Brent crude futures were up 75 cents, or 0.9 per cent, at $83.24 a barrel by 0815…
-
Stocks, dollar stall ahead of US jobs data; oil gains as Gulf tensions flare
LONDON, Aug 7 : Global stocks headed for their strongest weekly gain since May on Friday, ahead of major U.S. jobs data, as investor optimism over robust earnings growth and enthusiasm over AI offset concern about another flare-up in Middle East tensions that boosted oil.MSCI’s All-World index has risen 2.3 p
-
SK Hynix board approves $38 billion investments for South Korea’s Yongin, Cheongju chip plants
SEOUL, Aug 7 : South Korea’s SK Hynix said on Friday that its board had approved about 54.3 trillion won ($38.30 billion) of investments through 2031, including 35.2 trillion won for the second phase of construction of its chip fabrication plant in Yongin and 19.1 trillion won for its M17 chip plant in Cheongju.
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Thailand to cut excise tax for car production, minister says
BANGKOK, Aug 7 : Thailand plans to cut excise tax rates for automakers that establish production facilities in the country to encourage greater use of locally sourced parts and raw materials, the finance minister said on Friday.• The ministry expects to submit the proposal to the cabinet by September, Ekni
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Hispasat wins lead role in EU’s €15.6 billion IRIS2 satellite network
Aug 7 : Spanish defence company Indra said on Friday its majority-owned satellite operator Hispasat was named prime contractor for antennas, control systems and ground links in the European Union’s IRIS2 secure satellite network, with a budget of over €1.6 billion ($1.74 billion).The operator, 89.68 per cen
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