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Airline shares fall as US-Iran conflict disrupts travel, raises oil prices
Qantas, Singapore Airlines, Japan Airlines, Cathay Pacific shares down more than 5% Passengers worldwide stranded as conflict hits airlinesOil prices surged to highest in months on Middle East conflictQatar Airways travellers look to other options to get home from AustraliaBy Byron Kaye, Hollie Adam...Reuters
18 minutes ago
Before the bell: Europe's futures down sharply; defence, airlines, oil stocks on the radar
European shares were set to fall sharply at the open on Monday in a broad risk‑off move, as military conflict in Iran drove crude prices up sharply, and threatened to disrupt global oil flows for weeks, as well as causing turmoil for international travel.Reuters
26 minutes ago
Asia stocks, FX weaken as Mideast war pushes investors into havens
March 2 (Reuters) - Emerging Asian assets slipped on Monday, after U.S. and Israeli strikes on Iran and Tehran's retaliatory moves fuelled a jump in oil prices, spurring investors to safe havens such as the U.S. dollar, gold and government bonds.Reuters
28 minutes ago
Hezbollah attacks Israel, prompting Israeli strikes and Lebanese criticism
Hezbollah says it fired at Israel to avenge KhameneiIsrael holds Hezbollah responsible for escalationState media: Lebanese security forces ordered to arrest those who fired rocketsIsrael orders Lebanese to evacuate dozens of villagesBy Laila Bassam, Yomna Ehab, Nayera Abdallah and Steven Scheer B...Reuters
an hour ago
Asian assets slide as Mideast strikes spark oil spike, haven rush
Emerging Asian stocks and currencies slid on Monday after weekend U.S. and Israeli attacks on Iran and Tehran's retaliatory strikes in the region lifted oil prices and sparked a dash for havens such as the U.S. dollar, gold and sovereign debt.Reuters
2 hours ago
Oil surges as Iran conflict disrupts Middle Eastern supply flow
Oil prices surged by as much as 13% on Monday after shipping in the crucial Strait of Hormuz was disrupted by retaliatory Iranian attacks following initial bombing by Israel and the United States that killed Iranian Supreme Leader Ali Khamenei.Reuters
2 hours ago
GLOBAL MARKETS-Oil surges, stocks slide as conflict grips Middle East
SYDNEY, March 2 (Reuters) - Oil prices surged on Monday and shares slid as military conflict in the Middle East looked set to last weeks, threatening to upend a global economic recovery and perhaps reignite inflation.Reuters
3 hours ago
Wall Street Stock Index Futures Declines Widen Again, Market Risk-Off Sentiment Rises, Funds Favor Safe-Haven Assets
TradingKey - During Monday's Asian trading session, futures on the three major Wall Street indices extended their declines as intensifying concerns over escalating geopolitical risks and macroeconomic uncertainty put pressure on risk assets. Gold, silver, and crude oil rose in tandem, with crude oil
PRECIOUS-Gold climbs as US-Israel strikes on Iran spark safe-haven demand
March 2 (Reuters) - Gold XAU= prices rose on Monday after the U.S. and Israel launched major strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, escalating geopolitical tensions and deepening global economic uncertainty.Reuters
3 hours ago
METALS-Aluminium rises as conflict over Iran spotlights supply concerns
March 2 (Reuters) - Aluminium prices rose on Monday as the U.S.-Israel attack on Iran heightened concerns over potential disruptions to shipping in the key Strait of Hormuz, a critical route for global commodities.The most-active aluminium contract SAFcv1 on the Shanghai Futures Exchange rose 1.14%Reuters
5 hours ago
Japan faces growth risks, slower BOJ rate hikes from Iran conflict
TOKYO, March 2 (Reuters) - Japan faces risks of low growth and high inflation if a prolonged Middle East conflict keeps oil prices elevated and hits the import-reliant economy, analysts say, complicating the central bank's efforts to push up still-low interest rates.Reuters
5 hours ago
Australia, NZ dollars falter as Iran conflict spooks markets
SYDNEY, March 2 (Reuters) - The risk-sensitive Australian and New Zealand dollars recouped most of their sharp early losses on Monday that were caused by a flight to safety after military strikes by the U.S. and Israel on Iran risked a protracted war in the Middle East.Reuters
5 hours ago
British air base in Cyprus hit by suspected drone strike, Sky News reports
March 2 (Reuters) - Britain's Royal Air Force base Akrotiri has been hit by a suspected drone strike, Sky News reported on Monday citing the UK's Ministry of Defence. There were no casualties in the incident at the base near Limassol, Cyprus, the report said.Reuters
5 hours ago
EMERGING MARKETS-Asian stocks skid, currencies slip on turmoil in Middle East
March 2 (Reuters) - Stocks in emerging Asia markets tumbled in early trade on Monday, as military strikes by the United States and Israel on Iran sent investors fleeing to the relative safety of the dollar, gold, and bonds.Reuters
5 hours ago
