Iran, China and Israel
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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.
18hon MSN
Amid escalating tensions following Israel's military strikes on Iran, analysts warn that China may retaliate against the U.S. through Iranian proxies, affecting Middle Eastern dynamics and international relations.
National security experts warn that Israel's attack on Iran shows why Chinese land and asset purchases in the U.S. pose a significant threat to American security.
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.
China was deeply concerned about the Israeli attacks on Iran and urged de-escalation for regional peace and stability, a Chinese foreign ministry spokesperson said on Friday. "China opposes any infringement upon Iran's sovereignty,
Futures on Wall Street are currently in cautious mode as they await further details on the ongoing hostilities between Israel and Iran, which have now entered the fourth day. Futures of all three indices are currently trading at the flat line,
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.
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.
An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic impacts.