Oil falls as Trump pledges economic war on Iran
- HONG KONG: Oil prices fell on Monday (Aug 24) as investors braced for details of a United States plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran.
- Asian stocks were mostly down in early trading, with South Korea's tech-rich Kospi falling 1.4 per cent after Samsung Electronics said it spent a massive US$80 billion to buy back its own shares following weeks of turbulent trading.
- The chip giant's shares, along with those of rival SK hynix, peaked in June on optimism for the artificial intelligence boom, but have si
Unverified
- HONG KONG: Oil prices fell on Monday (Aug 24) as investors braced for details of a United States plan to isolate the Iranian economy that President Donald Trump billed as the "most crushing" financial operation ever against Tehran.
- Asian stocks were mostly down in early trading, with South Korea's tech-rich Kospi falling 1.4 per cent after Samsung Electronics said it spent a massive US$80 billion to buy back its own shares following weeks of turbulent trading.
- The chip giant's shares, along with those of rival SK hynix, peaked in June on optimism for the artificial intelligence boom, but have si
Sources: CNA