Asian currencies remained stable on Monday as mixed signals from Chinese business activity data and the possibility of a U.S. interest rate cut kept traders cautious. The dollar retreated slightly amid increasing bets on a rate cut, adding another layer of complexity to the market. Chinese Yuan Remains Weak Amid Mixed Economic Data The Chinese

Israeli Prime Minister Benjamin Netanyahu’s primary coalition partners have expressed their support for a potential deal to free hostages held by Hamas, even if it necessitates altering Israel’s current Gaza war strategy. On Tuesday, Shas, an ultra-Orthodox Jewish party with 11 seats in Israel’s 120-member parliament, announced its backing for the hostage deal. This follows

Qatar announced on Tuesday that it has conveyed an Israeli proposal to Hamas, reflecting the positions outlined by U.S. President Joe Biden. The proposal now aligns more closely with the interests of both parties involved in the Gaza conflict. Qatar has been mediating between Israel and Hamas regarding the Gaza situation. During a press briefing,

In recent weeks, Iran-backed Shi’ite armed groups in Iraq have significantly increased their rocket and missile attacks on Israel. This escalation has raised concerns in Washington and among some of Iran’s allies about the potential for Israeli retaliation and a broader regional conflict if these attacks cause significant damage or casualties. Although these attacks, launched

In a significant policy shift, the Israeli military has allowed the resumption of food sales to Gaza from Israel and the West Bank, as the ongoing offensive in Rafah disrupts international aid deliveries. This development, confirmed by Palestinian officials, local businessmen, and international aid workers, offers a glimmer of hope amid mounting concerns over a

Israeli-Turkish trade, which has historically endured various diplomatic disputes, is now at risk due to the ongoing conflict in Gaza. This month, Turkey halted all bilateral trade with Israel until the conflict ends and humanitarian aid can enter Gaza unhindered. Israel contends that Turkey’s decision breaches World Trade Organization rules. Israeli importers are urgently seeking

Microsoft’s recent high-profile deal with UAE-backed AI firm G42 could involve the transfer of sophisticated chips and tools, raising national security concerns. Microsoft President Brad Smith indicated that while the initial phase focuses on collaboration, a future phase might see the export of critical AI components, including model weights, which are essential for AI system

Israeli forces intensified their operations across the Gaza Strip on Thursday, resulting in the deaths of 35 Palestinians through aerial and ground bombardments, according to health officials and Hamas media reports. The situation escalated in the southern city of Rafah, where Israeli troops engaged in close combat with Hamas-led militants. Residents reported Israeli tanks advancing