Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. In its report titled 'Pouncing Tiger, Prevaricating Dragon', CLSA cited challenges facing Chinese markets in the aftermath of Donald Trump's victory in the US elections as the reason for the move. "Misfortune can happen in threes. So it has played out for Chinese equities over the past week.
The tensions between the two countries continue to remain high as several suspected drones launched from Lebanon were shot down by Israeli air defences on Sunday, the Israel Defence Forces (IDF) said.
A year after a Hamas attack against Israel on October 7 and the ensuing Israeli invasion of the Gaza Strip, India's trade with most West Asian countries has largely escaped any major disruption, except with countries like Israel, Lebanon, and Jordan. However, repeated flare-ups of geopolitical tensions in the region continue to drive up shipping and logistics costs.
Oil prices rose following Biden's suggestion that United States and Israeli officials were considering a possible Israeli strike on Iranian oil facilities, as reported by the Washington Post.
FIFA's disciplinary committee will be asked to look into allegations of discrimination raised by the Palestinian Football Association (PFA) after it submitted a proposal to suspend Israel in May, world soccer's governing body said on Thursday.
Lisa Curtis, who served as deputy assistant to President Trump and as National Security Council senior director for South and Central Asia from 2017 to 2021, said she expected the same bumps for India and the US, as in Trump's first term, including tariff, dependence on Russia over arms supply and oil purchase from Iran. Curtis, however, said both countries could never enter an alliance but develop a partnership that is "short of an alliance". She hoped them to achieve a cooperation that deters China, but also prepares both countries in case of a crisis or conflict, be it in the Taiwan Strait, the South China Sea, or another flare-up on the India-China border.
UEFA to not place sanctions on PSG
India also advised its citizens to avoid all non-essential travel to Iran.
Israel comes under attack from a barrage of Iranian ballistic missiles.
President Biden directed the US. military to aid Israel's defence against Iranian attacks and shoot down missiles that are targeting Israel.
Gallant, who was a longtime rival from within the Likud Party, will be replaced by Israel's Foreign Minister Israel Katz. Minister without Portfolio Gideon Sa'ar will replace Katz, as per Times of Israel.
Israeli Defence Forces (IDF) launched targeted ground operations in southern Lebanon on Tuesday, focusing on Hezbollah strongholds and infrastructure identified through precise intelligence.
The Israel Defence Forces (IDF) intensified its campaign in Lebanon with targeted airstrikes on Hezbollah strongholds in Beirut, hitting key weapons depots and terror infrastructure overnight, according to a report by Times of Israel.
United States President-elect Donald Trump on Tuesday announced the nomination of popular Fox News host and Army veteran Pete Hegseth, 44, as his defence secretary.
'Communist China continues to aggressively expand its domain in the Indo-Pacific region.' 'It's crucial for the USA to continue its support in countering these malicious tactics.' 'India, along with other nations in the region, is not alone.'
The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.
A large number of men, women and children -- carrying black flags -- poured out on roads in Magam in Budgam and Zadibal in the city to protest against the killing, officials said.
Earlier in response to Iran's rocket barrage on Israel on Tuesday night the UN Chief had said, "I condemn the broadening of the Middle East conflict with escalation after escalation. This must stop. We absolutely need a ceasefire.."
A palpable mix of emotions enveloped the capital, particularly around the areas surrounding the White House. Supporters, opponents and general visitors gathered at the iconic location, commenting on the outcome of a bitterly fought election.
Hezbollah is upset that the IDF exposed their plans to massacre Israelis, so they decided to target innocent civilians by firing a barrage of rockets, the IDF further said.
In a statement, the Israel Defence Forces (IDF) said, 'Hassan Nasrallah will no longer be able to terrorise the world.' The IDF said that alongside Nasrallah, the commander of Hezbollah's so-called Southern Front, Ali Karaki, was also killed, along with other commanders, Times of Israel reported.
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
Misri is also likely to brief the parliamentary panel on the recent upswing in India's ties with China following the agreement to resume patrolling at friction points along the Line of Actual Control in eastern Ladakh.
In a significant blow to Hezbollah, Israel announced the elimination of Jaafar Khader Faour, commander of the Nasser Unit's Missiles and Rockets Array, in southern Lebanon's Jouaiyya area.
Mohun Bagan had taken the decision to not travel to the country after Iran launched missiles on Israel, escalating political tensions between the two countries.
Qaouk was a commander of Hezbollah's preventative security unit and a member of their executive council.
Halevi's remarks came after Hezbollah fired a missile at central Israel on early Wednesday and Israel responded with airstrikes, which have killed 569 people and wounded 1,835 others, Al Jazeera reported.
Khamenei captioned the post as 'Victory from God and a near conquest...' In another post, he said, 'The strikes of the resistance front on the worn-out and decaying body of the Zionist regime will be more striking.'
IMAGES from the UEFA Nations League matches played on Monday.
A day after killing of Hezbollah chief Hassan Nasrallah in an airstrike in Beirut, Israel conducted widespread strikes in Lebanon on Sunday, killing over 100 people. The Israeli Air Force (IAF) also launched airstrikes on military targets in Yemen, specifically targeting Houthi-controlled sites, including power plants and a seaport.
Lebanon's health ministry said that women, children and medics were among those who were killed in Israeli airstrikes on Lebanon, according to CNN report. Earlier, the Israeli army announced it struck about 300 targets across Lebanon on Monday.
Emergency personnel work at houses damaged following a rocket attack from Lebanon, amid cross-border hostilities between Hezbollah and Israel, in Kiryat Bialik, Israel.
In his Diwali greetings on Thursday, Trump strongly "condemned the barbaric violence against Hindus, Christians, and other minorities in Bangladesh", which he said remains in a "total state of chaos."
Greece beat England for the first time as striker Vangelis Pavlidis's double earned the visitors a richly-deserved 2-1 victory.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
Israel and Lebanese Shia group Hezbollah have carried out widespread strikes on each other, raising tensions, and prompting Israel Home Front command to issue precautionary advisory to citizens.
India and China have made "some progress" in disengagement, External Affairs Minister S Jaishankar said on Sunday, describing it as a "welcome" move which opens up the possibility that other steps could happen.
In the latest attacks, at least 20 people lost their lives and over 450 were injured, authorities said, according to a report by Al Jazeera.
India on Saturday said it was deeply concerned over the 'evolving escalation' in West Asia and urged all sides to exercise restraint and return to the path of dialogue and diplomacy.
The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.
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