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Iran struck a Singapore-flagged cargo vessel on Thursday in the Strait of Hormuz. The UN shipping agency paused an evacuation plan for stranded ships after the incident.
Iran attacked a Singapore-flagged cargo ship on Thursday in the Strait of Hormuz. The UN shipping agency temporarily paused its evacuation plan for stranded ships and seafarers out of the strait following the attack. Iran's PGSA said vessels outside PGSA-set routes will not be guaranteed safe passage.
APAC stocks traded lower, with steep declines in South Korea's tech-heavy KOSPI index. European equity futures pointed to a weak open for regional markets. The dollar index posted small losses while the yen held near 160.60 against the dollar.
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en.globes.co.ilLebanon and Israel signed a U.S.-brokered framework agreement on June 26 that outlines steps for Israeli forces to leave southern Lebanon in stages. The deal gives the Lebanese army control of pilot zones where it must disarm Hezbollah before reconstruction begins.
The equal-weighted S&P 500 outperformed its capitalization-weighted counterpart this week by the largest margin in six years. The move coincided with investor rotation away from leading technology stocks.
ndtv.comSouth Korea deployed fighter jets after nearly 10 Chinese and Russian military aircraft entered its air defense identification zone on June 27 before departing after a brief stay. The planes flew over the East Sea and South Sea but remained outside sovereign airspace. South Korea…