Palestinian media reports that Israeli artillery shelling is targeting areas in northeast Gaza City, according to Sky News Arabia
The reported Israeli artillery shelling in northeast Gaza raises concerns about escalating tensions in the region, which could have broader implications for commodities such as oil and gold.
South Korean Embassy in Iran advised Korean nationals to leave Iran amid increasing tensions over a possible US military strike on Tehran, according to Yonhap
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai (2317 TT) and India-based HCL Group held a groundbreaking ceremony for their JV semiconductor facility in India on Saturday; Taiwan markets reopen following the Chinese New Year holiday closure
Palestinian media reports that Israeli artillery shelling is targeting areas in northeast Gaza City, according to Sky News Arabia
US officials warned if US President Trump orders strikes on Iran, Tehran could retaliate through proxies such as Hezbollah or Al-Qaeda against American targets abroad
[MARKET UPDATE] Mixed start to Asia-Pac trade amid trade uncertainty after the US Supreme Court's ruling against Trump's IEEPA tariffs, while a couple of key regional markets also remain closed for holiday
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This escalation may drive risk aversion in the markets, potentially strengthening safe-haven currencies like the USD and JPY while pressuring risk-sensitive assets. Keep an eye on how this situation develops, as further escalation could impact energy prices and market sentiment significantly.
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