Skip to main content

Featured

Blast at Islamabad Mosque Leaves Dozens Dead

                    Blood stains at the site of a deadly explosion at a Shi'ite Muslim mosque in Islamabad, Pakistan A suicide bomber detonated explosives inside a crowded Shi’ite mosque in Islamabad, killing 31 people and injuring many others during Friday prayers. The attack struck the Tarlai neighborhood, where worshippers had gathered in large numbers, turning a moment of devotion into chaos and devastation. Witnesses described a powerful blast that shattered windows, collapsed parts of the structure, and left victims trapped beneath debris. Emergency teams and local residents worked together to rush the wounded to nearby hospitals, where several remain in critical condition. Authorities have heightened security across the capital as investigators work to determine how the attacker breached the area and whether others were involved. The bombing marks one of the deadliest assaults in the city in years and has intensified ...
Post a Comment
Read more

article

Labels

Asian Stocks Mixed Amid Volatile Yen After Wall Street Climbs on Inflation Report

 

Global stocks exhibited mixed performance today, with the Japanese yen experiencing fluctuations following the latest U.S. update on inflation. Wall Street’s growing belief in potential relief on interest rates as early as September influenced market dynamics.

Key Points:

  • Yen Volatility: The yen oscillated between gains and losses, losing some ground against the U.S. dollar. Speculation arose that Japanese authorities might have intervened to amplify the impact of milder U.S. inflation data.

  • U.S. Futures: S&P 500 and Dow Jones Industrial Average futures edged 0.1% higher, reflecting optimism about interest rate relief.

  • European Markets: Germany’s DAX rose 0.3%, the CAC 40 in Paris gained 0.8%, and London’s FTSE 100 added 0.4%.

  • Asian Markets:

    • Tokyo’s Nikkei 225 index declined 2.5%.
    • Hong Kong’s Hang Seng index climbed 2.6%.
    • Shanghai Composite index remained nearly unchanged.
    • Australia’s S&P/ASX 200 rose 0.9%.
    • South Korea’s Kospi slipped 1.2%.
    • Taiwan’s Taiex declined 2%.

  • Data Releases: Watch for the U.S. producer price index and inflation readings from Germany, France, and Italy later today.

  • Wall Street: Despite pullbacks for some tech giants, four out of five stocks in the S&P 500 index climbed.



Labels:

Comments

Post a Comment