Chinese and Hong Kong shares suffered their worst month since January 2024 as the war on Iran upended global oil markets and spurred economic concerns.
The mainland CSI 300 lost 5.5 per cent in March, while Hong Kong’s Hang Seng Index dropped 6.9 per cent. Both indexes also fell for the second quarter in a row. The broader MSCI Asia-Pacific Index plunged 12 per cent in US dollar terms in March, its biggest monthly loss in more than three years.
Stocks have fallen around the world since Iran shut…
Saudi-US venture to build long-range attack drones in Riyadh amid Gulf security push: Report – Firstpost
Saudi and US defence firms are setting up a drone manufacturing facility near Riyadh to produce long-range attack drones modelled on Iran’s Shahed system, as Gulf nations boost military spending…