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Posted on May 6, 2026

India’s Coforge adds half a billion USD in market value on upbeat outlook

BENGALURU, May 6 (Reuters) - India's Coforge stock added more than $500 million in market capitalisation on Wednesday, closing 9.5% higher at 1,280 rupees, after the mid-tier IT firm forecast robust ...

Posted on May 6, 2026

As Kuala Lumpur rises as a global financial hub, TRX marks the next chapter

Tun Razak Exchange, Malaysia’s international financial centre, draws global firms, talent and capital in support of the nation’s growth.

Posted on May 6, 2026

Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales

Saudi Arabia has posted a sharp rise in its budget deficit amid declining oil revenues due to the effective closure of the Strait of Hormuz. The kingdom’s budget shortfall widened to 125.7 billion ...

Posted on May 6, 2026

Saudi PIF opens new office in bid to deepen investment ties in China

Saudi Arabia's sovereign wealth fund PIF has opened a new office in mainland China, as part of renewed efforts to strengthen relations with the 2nd largest economy in the world.

Posted on May 6, 2026

Thailand approves $29 billion of investment projects, led by $25 billion from TikTok

Thailand has approved six major projects worth a combined 958 billion baht, or $29 billion, its investment board said on Wednesday.

Posted on May 6, 2026

Could China push Iran into a peace deal? Only if it gets something in return

A visit to Beijing by Iran’s top diplomat – days before US President Donald Trump is set to travel to the Chinese capital – has turned up the spotlight on a key question: can China take on the role of ...

Posted on May 6, 2026

Gold, silver jump on report that the US and Iran are nearing a peace deal

Investors were assessing an Axios report that the US believes it’s close to an agreement with Iran on a one-page memorandum to end the war. What else you need to know: Gold has been an underperformer ...

Posted on May 6, 2026

China steps up Iran war diplomacy days before Trump’s summit with Xi

China’s diplomatic role in the Iran war has come into sharper focus after talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet ...

Posted on May 6, 2026

China’s top envoy tells his Iranian counterpart a ‘comprehensive ceasefire’ is needed

Chinese Foreign Minister Wang Yi has told his Iranian counterpart Abbas Araghchi that China was “deeply distressed” over the war that has lasted more than two months and said a “comprehensive ...

Posted on May 6, 2026

China presses Iran to pursue diplomacy, restore Hormuz shipping ahead of Trump-Xi summit

Iran's Foreign Minister Abbas Araghchi trip to Beijing on Wednesday marks the first time he has visited China since the beginning of the Iran war.

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