Iran, China and Israel
Digest more
Good morning. Israel and Iran aren’t letting up in their attacks. China’s biotech sector is surging. And look beyond Apple’s Liquid Glass to the good things happening with iPads. Listen to the day’s top stories.
Asia-Pacific markets rose Monday, as investors assessed escalating Israel-Iran tensions, while awaiting a slew of data from China. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with equity markets sliding globally. The attacks continued over the weekend.
President Donald Trump's eventful week included securing a preliminary trade deal with China, deploying National Guard troops to Los Angeles, and responding to Israel's strikes on Iran.
U.S. oil prices already jumped last week, which could cause prices at the pump to rise about 20 cents a gallon in the coming weeks, according to one estimate.
China has issued advisories to its citizens in Israel and Iran of the "complex and severe" security situation in those countries on Friday, adding a warning to those in Israel to prepare for possible missile and drone attacks.
Israel and Iran have opened a new chapter in their long history of conflict. Israel launched a major attack with strikes early Friday that set off explosions in the Iranian capital of Tehran.
Israeli emergency services have said at least two people were killed in the strikes and dozens of people are injured.
VIENNA (Reuters) -An exceptional meeting of the U.N. nuclear watchdog's board of governors will be held to discuss Israel's strikes on Iran after at least one country on the board requested one at Friday's regular, quarterly session of the body, diplomats said.