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The Latest Breaking News from Iran

China's factory activity flatlines in May casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions.

Euronews

Crisis as credibility test: How the UAE’s response to the Iran-Israel conflict could shape its next decade as a global residency hub

The UAE's promise of a safe haven faces its biggest test amid the Iran conflict. Despite heightened tensions, daily life remains stable, showcasing robust security and a 'people first' approach. This resilience reassures global investors and Indian families, solidifying the UAE's position as a trusted, crisis-proof hub for wealth and…

The Economic Times

Surge in oil prices amid latest strikes between US and Iran

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The Independent UK

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UK house prices fall for first time this year amid rising mortgage rates

Nationwide finds typical price was £278,024 in May, as Savills says Iran war has ‘fundamentally changed’ outlook

The Guardian - UK

US pushes new Israel-Lebanon ceasefire plan; Trump sends Iran proposal back for revisions: What's in it?

The US has proposed a plan to de-escalate tensions between Israel and Lebanon, urging Hezbollah to halt attacks in exchange for Israel refraining from escalation in Beirut. Meanwhile, President Trump has reportedly sent back a proposed agreement with Iran for further revisions, seeking tougher provisions and guarantees against nuclear weapons.

The Times of India

FED:Australian shares flat as Iran uncertainty continues

Local tech stocks have rebounded strongly in an otherwise subdued session, as traders wait for economic data and signs of progress from US-Iran negotiations.

AAP

AAP Rolling News Bulletin June 1, 1630

AAP Rolling News Bulletin for June 1 at 1630

AAP

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Markets in limbo as US–Iran uncertainty clouds global outlook: Geoff Dennis

Global markets are grappling with US-Iran standoff uncertainty, with conflicting signals leaving investors hesitant. Despite geopolitical tensions, oil prices remain below extreme forecasts, cushioning global markets. Near-term caution is advised due to stretched valuations and inflation concerns, though India's underperformance is linked to weak foreign inflows.

The Economic Times

Thai airline cuts key tourist routes citing rising jet fuel costs

The changes affect destinations like China, Japan, Indonesia, Singapore and Nepal

The Independent UK

Obama White House Instagram Hack Exposes Why Your Social Media Accounts Are Now Targets in a Real Cyberwar

Iranian hackers breached the dormant Obama White House Instagram, posting AI-generated propaganda. Here's why your social media accounts could be next.

International Business Times UK

AAP Rolling News Bulletin June 1, 1600

AAP Rolling News Bulletin for June 1 at 1600

AAP

'Iran really wants to a make deal,' says Trump again; attacks Democrats for 'negatively' affecting talks

President Donald Trump asserted Iran desires a new agreement. He believes this deal will serve American interests and those of its allies. Trump criticized political opponents for their public commentary. He stated their actions make his negotiation efforts more difficult. The President urged patience, suggesting the outcome will be positive.

The Economic Times

Markets poised for a positive run if geopolitical risks ease: Ambareesh Baliga

Market veteran Ambareesh Baliga sees Indian equities well-positioned if geopolitical tensions ease and macro conditions remain supportive. He highlights potential for a US-Iran accord, resilient corporate expectations, and a normal monsoon as key drivers for a positive medium-term outlook, especially for metals and private banks.

The Economic Times

Fragile ceasefire faces fresh test as missiles keep flying as Iran, US trade new blows: Key details

Tensions in West Asia surged as Iran's IRGC claimed to target a US military base, while Washington announced fresh strikes on Iranian radar and command-and-control sites. Kuwait's air defense systems also responded to drone and missile attacks amid ongoing exchanges and diplomatic efforts.

The Times of India

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AAP

AAP Rolling News Bulletin June 1, 1530

AAP Rolling News Bulletin for June 1 at 1530

The Economic Times

An LNG glut is on its way

The closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimately lead to a prolonged global LNG glut, according to the analysis. The crisis has exposed the risks of relying on LNG supplies passing through Hormuz, prompting…

The Economic Times

India keeps local jet fuel prices unchanged after airline plea

Indian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges from the Iran war. Aviation turbine fuel costs remain unchanged for June in New Delhi. Refiners also reduced prices for international flights. Airlines had previously seen price hikes and reduced…

AAP

AAP Rolling News Bulletin June 1, 1500

AAP Rolling News Bulletin for June 1 at 1500

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AAP

Japan, South Korea stocks hit more records, as oil gains on Iran war ending fragility

Oil prices have gained and stock markets in Japan and South Korea have hit fresh record highs on enthusiasm over the artificial intelligence boom, as investors await a decision on the ceasefire extension of the Iran war

The Independent UK

Oil prices jump as US and Iran exchange fresh strikes and ceasefire talks remain in balance

Brent crude, the international benchmark, rose 2.4 per cent to $93.33 a barrel in early trading

Bangkok Post

US hits Iranian military sites, Tehran responds with air base attack

DUBAI, UAE - The US said it struck Iranian military sites at the weekend and Iran's Revolutionary Guards said on Monday it had targeted a US base in response, the latest in a series of exchanges amid negotiations to end the three-month-old war.

The Economic Times

Asia's factory output expands as firms stockpile buffers over Iran war risks

Asian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. China's manufacturing expanded for the sixth month, while South Korea's activity reached a five-year high. Japan also reported expansion despite rising input costs. This regional push highlights efforts to…

The Economic Times

Global Market: Iran war sparks bond market turmoil as yields swing wildly in May

Global bond markets saw significant turbulence in May. Geopolitical tensions and inflation worries caused government borrowing costs to surge. The US Treasury market was particularly affected. However, signs of peace progress and weaker economic data later led to a bond market rally. This highlights investor sensitivity to inflation and government…

AAP

AAP Rolling News Bulletin June 1, 1430

AAP Rolling News Bulletin for June 1 at 1430

The Economic Times

Silver gains Rs 1,100/kg, gold down at Rs 1.54lakh/10 gms amid mixed Iran war signals. Key levels to watch

Gold and silver traded mixed on MCX on Monday, with gold futures falling Rs 1,069 to Rs 1,54,513 per 10 grams, while silver futures rose Rs 1,095 to Rs 2,68,093 per kg. Prices were influenced by a stronger U.S. dollar and higher crude oil prices, as investors awaited clarity on…

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Mohammad Bagher Ghalibaf

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