Houthi Attacks Hit Riyadh, Abha Airports, Killing Three; Tanker Attack Pushes Oil Higher
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Houthi attacks escalate, hitting airports in Riyadh and Abha and killing three people. A tanker is also attacked deep in the Persian Gulf for the first time in weeks as regional tensions remain elevated. Oil moves higher, while Iraq devalues the dinar by around 13% as disruption in the Strait of Hormuz hits its oil exports. Asian stocks fall for a second day and US equities retreat from an all-time high. China stocks fluctuate as investors assess holiday spending data, while Singapore shares post their biggest drop in six months as banks extend their selloff. US Treasury yields remain in focus. Scott Bessent says high borrowing rates are a global phenomenon, while a 10-year Treasury auction draws strong demand. Fed minutes show hawkish unity behind September’s rate hike, and JPMorgan warns high bond yields could hurt Asian banks. A “missed email” reportedly led to China receiving sensitive F-35 parts, while Samsung’s third-quarter operating profit misses estimates. Isomorphic Labs is i
Tags: Abeer Abu Omar, Africa, Anthony Stephens, Bloomberg, Bloomberg News, Bloomberg TV, Bloomberg Television, China, Donald Trump, Economy, Iran, Iraq, Israel, Jennifer Zabasajja, Middle East, Mideast, Oil, Samsung Electronics Co. Ltd., Saudi Arabia, Steven Major
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