Russian airspace may reopen under Trump but new tariffs set to hurt Hong Kong air cargo

Russian airspace may reopen under Trump but new tariffs set to hurt Hong Kong air cargo

The global aviation industry could benefit from Donald Trump’s re-election if he can end the Russia-Ukraine war and break the airspace deadlock, but Hong Kong’s air cargo business is set to suffer with his increased tariffs against China, industry leaders and analysts have said. Subhas Menon, director general of the Association of Asia-Pacific Airlines (AAPA),…

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Iran Vows "Tooth-Breaking" Response, US B-52 Bombers Reach Middle East

Iran Vows “Tooth-Breaking” Response, US B-52 Bombers Reach Middle East

New Delhi: Iran’s Supreme Leader Ayatollah Ali Khamenei has promised a “tooth-breaking” response to ongoing Israeli military actions. This statement follows a dramatic escalation, including an Israeli commando raid in Lebanon, and comes days before the US presidential election, with Washington as Israel’s primary military supporter. “The enemies, both the USA and the Zionist regime,…

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Iran's Big Warning To Oil-Rich Allies Of US

Iran’s Big Warning To Oil-Rich Allies Of US

New Delhi: Iran has issued a stark warning to its Arab neighbours and US allies in the Gulf, threatening severe retaliation if their territories or airspace are used to aid Israel in any potential attacks on Iran, the Wall Street Journal reported. The warning was conveyed through secret diplomatic channels, targeting oil-rich states like Saudi…

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Bloodbath on D-street as hot money races to China

Bloodbath on D-street as hot money races to China

The onset of the festive season didn’t bring the cheer India’s stock market investors had hoped for. They turned poorer by ₹11 trillion on record foreign investor outflows amid a sharp bounce back in Chinese stocks following recent fiscal and monetary stimulus measures, escalating tensions in West Asia, and expensive share valuations. These factors coincided…

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