European stock markets opened the week on a positive note, buoyed by hopes of easing trade tensions between the U.S. and China and declining geopolitical risks in the Middle East.
The pan-European Stoxx 600 index rose 0.44%, or 2.47 points, to close at 566.63. Germany’s DAX 40 gained 0.6% to finish at 24,387.93, while the UK’s FTSE 100 added 0.16% to end at 9,442.87.
France’s CAC 40 climbed 0.21% to 7,934.26, Italy’s FTSE MIB increased 0.29% to 42,167.59, and Spain’s IBEX 35 rose 0.42% to 15,541.6.
Markets were further supported by remarks from U.S. President Donald Trump, who stated on social media that the U.S. intends to assist China rather than harm it, and confirmed that his meeting with Chinese President Xi Jinping at the APEC Summit would go ahead. Trump added that there was no need for concern and that “it will all be fine.”
Meanwhile, the euro/dollar exchange rate was down 0.4% at around 1.1575 as of 17:10 GMT.
Turkish President Recep Tayyip Erdoğan has said Türkiye aims to rank among the world’s top ten exporters of defence technology within t...
Pakistan’s Prime Minister Shehbaz Sharif said Iran and the United States, along with their allies, have agreed to an immediate two-week cease...
As global attention centres on the conflict between Iran and the U.S., violence in Lebanon is intensifying, with Israeli strikes hitting residentia...
Uzbekistan and the U.S. are preparing to launch a joint investment platform by the end of the year, alongside the creation of a new bilateral busin...
International air travel remains severely disrupted despite the ceasefire between the U.S. and Iran announced on Wedn...
Turkish President Recep Tayyip Erdoğan has said Türkiye aims to rank among the world’s top ten exporters of defence technology within the next two years.
As global attention centres on the conflict between Iran and the U.S., violence in Lebanon is intensifying, with Israeli strikes hitting residential areas, causing mounting civilian casualties and deepening an already severe humanitarian crisis.
Uzbekistan and the U.S. are preparing to launch a joint investment platform by the end of the year, alongside the creation of a new bilateral business council aimed at strengthening economic cooperation.
International air travel remains severely disrupted despite the ceasefire between the U.S. and Iran announced on Wednesday (8 April), leaving many passengers unable to reach their destinations after conflict-related cancellations at major Middle Eastern hubs including Dubai, Doha and Abu Dhabi.
The crew of Artemis II mission are entering a pivotal phase of their journey, as they prepare to swing around the Moon and head back towards Earth. Now on the fifth day of their 10-day mission, the four astronauts are already witnessing views no human has ever seen.
U.S. President Donald Trump on Monday told reporters that Iran could be taken out in one night, "and that night might be tomorrow night," warning Tehran it had to make a deal by Tuesday night or face wider bombing raids.
U.S. President Donald Trump threatened Iran's "whole civilisation" on Tuesday in a post on social media. Meanwhile, the UN failed to reach an agreemement on a resolution aimed at reopening the Strait of Hormuz, after China and Russia used their vetoes.
Lebanon’s Hezbollah said it had stopped firing on northern Israel and Israeli forces on Wednesday as part of a two-week ceasefire in the Middle East brokered between the United States and Iran. However, a Hezbollah lawmaker warned that the pause could collapse if Tel Aviv does not adhere to it.
Pakistan’s Prime Minister Shehbaz Sharif said Iran and the United States, along with their allies, have agreed to an immediate two-week ceasefire covering all areas, but Israel says the deal excludes Lebanon. Tel Aviv says the U.S. is committed to achieving shared goals in upcoming negotiations.
Major automakers showcased new electric vehicles at the New York Auto Show this week, under the slogan “electrification is the future." However, weakening demand in the United States and intense competition with China are raising questions for markets across the globe, including the South Caucasus.
The U.S. national average retail price of petrol rose above $4 a gallon for the first time in over three years on Monday (30 March), according to GasBuddy data, as the U.S.–Israeli war with Iran continued to roil global energy markets.
Japan and Indonesia will deepen coordination on energy security, Tokyo said, as the U.S.-Israeli war on Iran disrupts vital oil and gas flows to Asia.
China's three largest state-owned airlines have issued warnings regarding their financial outlook for the current year, acknowledging that the eruption of war involving Iran has driven jet fuel prices to unsustainable highs.
Stock markets across Asia fell on Monday as escalating conflict involving Iran drove oil prices sharply higher, fuelling fears of inflation and a potential global recession, with investors reacting to disruption risks in the Strait of Hormuz and prolonged hostilities.
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