Wariness over rate cuts lingers
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March …
Yemen
Singapore Airshow: Asian demand for defences on the rise following Red Sea ballistic missile attacks
The use of anti-ship ballistic missiles (ASBMs) in the Red Sea has spurred interest in Asia about the systems used to shoot them down, experts and industry officials say – …
Attacks on ships and US drones show Houthis can still fight despite US-led strikes
The campaign has boosted the rebels’ standing in the Arab world, despite their human rights abuses in a years-long stalemated war with several of America’s allies in the region. The …
Red Sea shipping crisis set to persist and fuel inflation fears after latest Houthi attack
Those disruptions have caused carmakers Tesla and Volvo to suspend some production in Europe due to a shortage of components. Without a resolution to the crisis in sight, it is …
Red Sea crisis sees China’s brisk business in Africa waver under high shipping costs amid Houthi attacks
Houthi militants have launched attacks in the Red Sea shipping lanes around Yemen, which lies along the waterway opposite East Africa, since the Israel-Gaza war began in October, forcing some …
Is the battle against inflation getting tougher?
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …
US-led airstrikes aren’t subduing Yemen’s Houthi rebels
By Jon Gambrell | Associated Press DUBAI, United Arab Emirates (AP) — Despite a month of U.S.-led airstrikes, Yemen’s Iran-backed Houthi rebels remain capable of launching significant attacks. This week, …
Middle East escalation likely as Houthis launch most damaging attack yet
Armed Yemeni supporters of the Houthi movement sit on the back of an armored vehicle during an anti-Israel and anti-US rally in the Houthi-controlled capital Sanaa on January 22, 2024, …
Houthi rebels severely damage Belize-flagged ship
By Jon Gambrell | Associated Press DUBAI, United Arab Emirates — A missile attack by Yemen’s Houthi rebels that damaged a Belize-flagged ship traveling through the Bab el-Mandeb Strait that …
Crew forced to abandon cargo ship near Yemen after Houthi missile strike
A missile attack by Yemen’s Houthi rebels that damaged a Belize-flagged ship travelling through the Bab el-Mandeb Strait that connects the Red Sea and the Gulf of Aden has forced …