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Paytm, MobiKwik shares fall as UPI MDR rollout may be delayed: CNBC-TV18
Why is MiniMax stock dropping today?
TSMC’s third-quarter revenue surges 50% y/y, beating market forecast
Bank of Japan sees broadening inflationary pressure
TSMC Reports Record Revenue in September Driven by AI Chip Demand
FTSE 100 Live: UK Assets Show Few Signs of Recovery
Tencent Mulls $5 Billion Bond Offering as AI Push Ramps Up
Australia stocks lower at close of trade; S&P/ASX 200 down 0.77%
Universal Quantum raises $100 million for computer development
Tips and Linkers
India Set for Consecutive Rate Hikes as Inflation Picks Up
FX Option Expiries Highlighted for October 8
AI Squeezes Tech Grads at India’s Banking Hubs
Exclusive-US, Russia explore gas sale to Europe amid Ukraine war, say sources
India denies bias in satellite internet approvals after Musk’s ’oligarchs’ jab
Gold steadies after nine-week low as Hormuz tensions lift Fed hike bets
Analysis-Japanese PM Takaichi’s campaign to shed reflationist image needs substance behind the speeches
Why is Shanghai Biren Technology stock sliding today?
Why is SK Hynix stock falling today?
Leapmotor to Bring New Hybrid Car to Europe Despite EU-China Trade Tensions
WTO Chief Sees Urgent Need to Harden Supply Lines as World Frays
Šefčovič goes to Beijing with a final plea to avoid an EU-China trade war
Crowding out pits sovereigns against AI
Stocks and Treasuries Decline as Brent Tops $102: Markets Wrap
Tikehau: Private Markets Entering a More Selective Phase
Why is Shanghai Allist Pharmaceuticals stock crashing today?
EUR/GBP Decline Signals Potential Euro Weakness Amid France's Fiscal Challenges
Nvidia-backed Firmus closes IPO bookbuilding as investor support falter -Bloomberg
Morning Bid: Sovereign bonds shouldered aside as AI takes their turf
Oasis Urges Nidec to Consider Sale, Warns of Delisting Risk
EU’s top trade envoy in China for tense talks over cars
FirstFT: Iran war wipes £12bn from UK public finances
Musk accuses ’certain oligarchs’ of blocking Starlink launch in India
Why is CIG ShangHai stock sliding today?
Houthi Attacks Heighten Saudi Escalation Concerns
Encroaching energy, mine concessions threaten protected ecosystems, research shows
Asia stocks fall as surging oil, yields weigh; Samsung slips despite record profit
Reliance May Be a Cheaper Way to Buy Jio After Its Listing
Why is SK Hynix stock gaining today?
Gift Nifty 50 trapped in downtrend below 22875: Live levels
Hurricane Isaias Develops as US Oil Producers Shut In Output
India Set for Back-to-Back Rate Hikes as Inflation Risks Mount
Japan 30-Year Bond Auction Sees Firm Demand on Elevated Yields
Kirkland’s money machine goes dark
Andy Burnham’s government to press ahead with Oxford-Cambridge corridor
Wise to pay customers’ tax bills after errors
US NHC says Isaias has become a hurricane
WTO's Okonjo-Iweala on Why Globalization Needs a Rethink
Japanese Equities Decline as Topix Weighting Announcement Weighs
Korea Mulls Banning Unlicensed Foreign Banks’ Global Bond Deals
Vietnam’s Long Thanh Airport Faces Uphill Battle to Open on Time
Hormuz transits at lowest in over two months after attacks, data shows
Six AI-picked stocks are up 50%+; the top IT name has gained 33%
Oil Prices Rise Amid Middle East Tensions and US Military Preparations
Why is Standard Chartered stock sliding today?
Qualcomm and Arm kick off trial, potential for huge damages in focus
Fortescue Warns China Dispute Is Weighing on Iron Ore Sales
How China’s 25 Trillion-Yuan Infrastructure Plan Could Offset Weaknesses
Gold Edges Higher as Traders Weigh Prospects for Fed Rate Hike
Accelerating Business
Voice of experience: in-house legal teams face pros and cons of AI
Singapore Bank Stocks Drop as High Bond Yields May Hit Earnings
Pentagon orders military to be ready for more Iran strikes, Axios reports
Romania to Keep EU’s Highest Rates as Political Woes Weaken Leu
Elon Musk Accuses Indian Oligarchs of Blocking Starlink Launch
At Nearly $300,000, Some Recent Duke Graduates Out-Earned All Their Peers
Kioxia Shares Up on $13 Billion Inflow Hope After JPX Review
Stocks Fall on Inflation Worries, Brent Tops $102: Markets Wrap
Why is Sa Sa International stock surging today?
Saudi warns Houthi attacks on airports will not go unpunished
- Aviation regulator says 3 killed
- Brent crude up 2 percent to $102
- Tanker struck north of Qatar
Fighting between Saudi Arabia and Yemeni Houthis intensified as Riyadh warned that attacks against civilians and civil infrastructure will not go without repercussions.
Houthi attacks on Abha Airport and King Khalid International Airport on October 6 and 7 killed three civilians and injured 36, the Saudi aviation regulator said in a social media post.
Major General Turki Al-Malki, a spokesman for the Yemeni government forces, said the attacks on civilians and civilian infrastructure “will not go unpunished”, the state-run SPA news agency reported.
The coalition has destroyed 82 military targets in Yemen, including 11 mountain-based ballistic missile storage facilities in Saada and Houthi headquarters, he said.
Houthi military spokesperson Yahya Saree in a post on Thursday issued a “last warning” to global airlines to stop operating flights in Saudi airspace, except for Mecca and Medina.
Meanwhile, the United Kingdom Maritime Trade Operations reported that a tanker was struck by multiple projectiles north of Qatar’s Madinat ash Shamal, with casualties.
Further reading:
- Why Iran gains more from an open, dangerous Hormuz
- Tanker frenzy has brokers chasing deal of a lifetime
- Abu Dhabi container shuttles keep Hormuz trade flowing
Rising regional tensions pushed oil prices higher on Thursday morning. Brent crude futures rose more than 2 percent to $102.3 a barrel by 03:00 GMT. US West Texas Intermediate crude futures gained 1.74 percent to $89.82.
US Central Command said that commercial goods and energy supplies are flowing through the Strait of Hormuz, including 20 million barrels of crude oil.
“The United States and regional partners clearly control the strait,” Central Command said in a social media post refuting Iran’s claim that the strait was closed.
US President Donald Trump said a deal with Iran “isn’t really something that I want to do”, but claimed that Steve Witkoff, his special envoy to the Middle East, is working on a potential agreement with Iran and is “doing very well”, CNBC reported.
The growing Yemeni conflict weighed on GCC stock exchanges on Wednesday.
Saudi Arabia’s benchmark index fell 0.5 percent. Dubai and Abu Dhabi’s exchanges closed 0.2 percent and 0.3 percent lower, respectively. Qatar and Bahrain declined. However, Oman and Kuwait ended higher.
Source: AGBI