Category: Mideast
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Asia shares fall, oil set for weekly gains on Mideast risks By Reuters
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By Ray Wee SINGAPORE (Reuters) – Asian stocks fell on Friday while oil prices headed for their biggest weekly gain in more than a year, as rising tensions in the Middle East kept markets on edge ahead of the U.S. jobs report due later in the day. US President Joe…
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European shares defy global slump amid Mideast tensions, energy stocks jump By Reuters
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Written by Pranav Kashyap (Reuters) – European stocks rose on Wednesday, led by gains in energy and defense shares, defying declines in Asia and Wall Street after an Iranian missile attack on Israel exacerbated fears of a broader regional conflict. The European index rose 0.3 percent to 522.37 points. The…
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HSBC’s Play for Mideast Wealth Marred by Exits, Regulatory Curbs
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Breadcrumb Trail Links PMN Business At HSBC Holdings Plc, a star hire who was supposed to reinvigorate the firm’s private banking business in the Middle East is facing a reality check. Author of the article: Bloomberg News Archana Narayanan, Dinesh Nair and Ben Stupples Published Aug 16, 2024 • 7…