Keywords: Conflict


Global equity funds see second week of inflows amid hopes for war de-escalation

Global equity funds attracted a net $15.02 billion in the week from March 26 to April 1, marking the second consecutive week of inflows as investors hope the U.S.-Israeli conflict with Iran could ease soon. The previous week saw inflows of about $40.14 billion, according to LSEG Lipper data. In the......

Middle East war wipes $62 billion from ASEAN billionaire fortunes in March

Escalating conflict in the Middle East erased approximately $62 billion from the combined wealth of Southeast Asian billionaires in March, reshuffling the region's richest rankings as Asia-Pacific stock markets buckled under surging energy prices and a collapse in investor confidence. The 150 ASEAN......

Deadly strike hits Odessa as conflict between Russia and Ukraine intensifies

At least three people, including a child, have been killed following a strike in the southern Ukrainian city of Odessa, as hostilities between Russia and Ukraine continue to escalate. Local authorities reported that the attack struck residential areas, causing additional injuries and damage to civilian......

At least five Palestinians killed in new Israeli strikes on Gaza

At least five Palestinians were killed in fresh Israeli airstrikes in the Gaza Strip on Sunday, local authorities and hospitals reported. Four casualties were confirmed in Gaza City after an Israeli drone targeted a group of civilians, while another victim died near Deir el-Balah. Al-Shifa Hospital,......

Drone debris from Iranian interceptions strikes buildings across Dubai

Debris from an intercepted Iranian drone struck the facade of Oracle's building at Dubai Internet City early Saturday morning as the Gulf conflict entered its fifth week with no sign of abatement. Dubai's Media Office confirmed the incident in a post on X, describing it as a "minor incident"......

Japan warns speculators as yen nears 160 amid escalating Iran conflict

Japanese Finance Minister Satsuki Katayama intensified warnings to currency speculators on Friday as the yen traded near the critical level of 160 per dollar, a threshold widely regarded as a trigger for government intervention. The warning came hours after President Donald Trump's televised address......

Container ship Safeen Prestige sinks in Strait of Hormuz after weeks ablaze

The Maltese-flagged container ship Safeen Prestige has sunk in the Strait of Hormuz, nearly a month after being struck by a projectile and abandoned by its crew, according to a maritime traffic advisory issued by regional operators on April 1. The vessel went down approximately 6.5 nautical miles northeast......

Airlines face bankruptcy risk as fuel costs soar amid Middle East conflict

A billionaire aviation executive based in Dubai has warned that airlines around the world could begin filing for bankruptcy within weeks if the war in Iran continues to drive jet fuel prices higher, even as the shipping industry posts record profits fueled by the same geopolitical upheaval. Gediminas......

Global fuel prices surge as Iran conflict disrupts oil markets

Fuel prices have climbed to multi-year highs worldwide after one month of conflict involving Iran disrupted global energy flows and tightened supply. The shock has hit consumers across major economies and forced governments to deploy emergency measures to contain economic fallout. In the United Kingdom,......