Asian stock markets rise after early-week losses on Middle East tensions
After this week's declines on stock markets in Asia, following renewed attacks in the Middle East, things are now turning upward on Thursday.
BusinessAfter this week's declines on stock markets in Asia, following renewed attacks in the Middle East, things are now turning upward on Thursday.
BusinessStock markets in Asia continued to fall in Wednesday trading as attacks in the Middle East continued.
BusinessIkea is to cut the prices of more than 1,500 products by around 15 to 25 percent. According to the company, this includes the Billy furniture series.
BusinessFirst a complete collapse. Then a strong recovery. Fashion giant Shein's stock market debut was very shaky.
BusinessThe prices of Russian oil are falling for the fifth week in a row – in line with the world market price of oil. And the total value of Russia's oil exports was close to a two-year low last week, despite increased sales volumes.
BusinessThe development pointed mostly upwards on Asia's leading stock exchanges in the initial Monday trading, since China and the USA announced that they had made "significant progress" in the weekend's meetings regarding the trade war.
BusinessOver the weekend, the USA and China will sit down at the negotiating table in Switzerland. President Donald Trump is now signaling continued high tariffs, but still lower than today. "80 percent tariffs against China seem right", Trump writes on Truth Social.
BusinessThe Stockholm stock exchange rose slightly at the close following a relatively calm trade. The exchange fluctuated around the zero line during the day, and the broad OMXS index closed 0.1 percent up.
BusinessFour people, including two 19-year-old Belgians, for attempting to smuggle out thousands of live ants from Kenya.
WorldOn Wednesday, a multitude of precious stones will go under the hammer in Hong Kong. The auction has sparked emotions and an ethical debate, as the stones were found with Buddha's remains. Now India is trying to stop the sale.
WorldWe have better maps of the moon than of the ocean floors. But a partially Swedish-led initiative has now obtained data covering a quarter of the deep sea. There is still much undiscovered down there, researcher Martin Jakobsson. There will be surprises in the form of very large volcanic peaks sticking out. You can definitely find something equivalent to the Kebnekaise massif.
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