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Finance & Markets

New U.S. Sanctions on Iran Hit China and Impacting Global Markets

The United States has launched its most aggressive financial sanctions campaign yet against Iran. Treasury Secretary Scott Bessent recently described the strategic move as an “economic D-Day” for the Iranian government. These sweeping financial penalties aim to cut off every possible economic lifeline supporting Tehran. This bold strategy specifically targets global networks accused of helping…

New U.S. Sanctions on Iran Hit China and Impacting Global Markets

We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.

Read the original at chiangraitimes.com →

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HK stocks open higher on healthcare, tech gains

Hong Kong stocks rose on Wednesday, tracking gains on Wall Street overnight as tech shares rebounded, though uncertainties over US-Iran war still kept investors cautious.

  • Hong Kong stocks opened higher at 25,635 points, up 0.5%
  • Tech and healthcare stocks led gains, with Innovent Biologics surging 10.5%
  • Mainland Chinese stocks opened mixed, Shanghai Composite down 0.2%

More from Wednesday 26 August →