The Boursa Kuwait Premier Market Index traded 0.7% higher as of 10:39 a.m. Dubai time, while the MSX30 Index in Muscat slipped 0.6%. Qatar’s benchmark was 0.7% higher.
Concerns Labour ‘could reconsider’ DWP triple lock state pensions due to Iran war
Labour has committed to the triple lock policy for the duration of this Parliament. The policy guarantees state pension payments go up each April in line with the highest of inflation, the rise in average earnings or 2.5%.
Critics Demand Pakistan ‘Revokes’ Decision to Nominate Trump for Nobel Peace Prize After U.S. Strikes on Iran
Pakistan had praised Trump’s “legacy of pragmatic diplomacy and effective peace-building” prior to the U.S. strikes.
China Says the U.S. Damaged Its Own Credibility by Striking Iran
“Iran is harmed, but also harmed is U.S. credibility — as a country and as a party to any international negotiations,” Fu Cong, China’s ambassador to the United Nations, told China’s state broadcaster …
Pakistan to hold National Security Committee meeting after US strikes on Iran
Asim Munir, who recently returned from a trip to the US, will brief the committee on the details of his meeting with US President Donald Trump. Read on:
Operation Sindhu: India evacuates around 1,800 nationals from Israel & Iran as conflict in West Asia escalates
India has evacuated around 1,800 nationals from Israel and Iran under Operation Sindhu as the conflict in West Asia continues to intensify …
China Voices Concern About Impact of Conflict on Shipping
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, and said Beijing was in touch with Iran about the ongoing conflict. The Strait of Hormuz,
Conflict threatens Nepal’s economy as remittance, inflation risks grow
Kathmandu, June 23 — dependent and import-heavy economy may face a new series of shocks-particularly in the areas of labour market and inflation-due to escalating tensions in West Asia following Iran …
Why global markets are brushing off U.S. strikes on Iran
Investors are largely shrugging off escalations in the Middle East, with many strategists believing the conflict to be contained.
Japan says strikes show US resolve to stop Iran’s nuclear weapons development
Japan’s top government spokesperson says the US strikes on Iran’s nuclear facilities show its determination to prevent Tehran from possessing nuclear weapons.