Wednesday 24 April 2024
 
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Middle East tension

Gold jumps as stocks drop, Mideast tensions flare

Gold rallied more than 1 per cent on Monday, buoyed by rising tensions in the Middle East and a sharp drop in stocks and the dollar following weak Chinese data that fuelled concerns over global growth. Platinum group metals, which

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Oil prices jump 3pc on Mideast tension

Oil prices jumped 3 per cent on Monday after Saudi Arabia's execution of a prominent Shi'ite Muslim cleric spurred regional anger and geopolitical tensions,while Asian shares began their first trading of 2016 on a cautious note.

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Saudi outpaces India to become top defence importer

Saudi Arabia overtook India to become the world's biggest weapons importer in 2014, a year when global defence trade rose for the sixth straight year to a record $64.4 billion, research company IHS said on Sunday. The growth i

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