Israel Financial News
29.10 / 18:23
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Democracy faces a litmus test of sorts in battles
Narendra Modi unveiled this ambitious project on 9 September during the G-20 summit in New Delhi. It has the potential to change face of Asia and Europe through the building of transport and communication links via rail, road, and the sea. Along with the US, Saudi Arabia, UAE, the EU, Italy, France, and Germany have signed a Memorandum of Understanding for this project.
29.10 / 18:11
performer
Israel stocks higher at close of trade; TA 35 up 1.33%
Investing.com – Israel stocks were higher after the close on Sunday, as gains in the Banking, Financials and Oil & Gas sectors led shares higher.
29.10 / 18:11
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Gazans at 'breaking point' as aid centres looted, UN agency says
By Gabrielle Tétrault-Farber
29.10 / 17:49
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Israel expanding ground operations in Gaza, communications blackout eases
Gaza while their fighter jets have struck hundreds more Hamas targets, the Israeli military said on Sunday, in what Prime Minister Benjamin Netanyahu has called the second phase of a three-weekold war. Palestinian media said telephone and internet communications were partially restored in Gaza on Sunday after a more than day-long blackout that had badly impacted rescue operations as Israel pounded targets of the militant Hamas group that controls the territory. “Israel cut us off from the world in order to wipe us out, but we are hearing the sounds of explosions and we are proud the resistance fighters have stopped them at meters distance,” said Shaban Ahmed, a public servant who stayed in Gaza City despite an Israeli warning to evacuate south. Ahmed said he only found out on Sunday that his cousin had been killed in an air strike on Friday because of the blackout. Israeli Defence Force (IDF) fighter jets struck over 450 military targets belonging to Hamas in the Gaza Strip, including operational command centres, observation posts, and anti-tank missile launch posts, the military said. “We are gradually expanding the ground activity and the scope of our forces in the Gaza Strip,” military spokesman Rear Admiral Daniel Hagari told a briefing.
29.10 / 17:49
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US asking Israel 'hard questions' on Gaza military assault: White House
White House national security adviser Jake Sullivan on Sunday would not acknowledge differences between the U.S. and Israel over the military assault on Gaza, but emphasized that Washington was being candid with its ally. Faced with growing outcry over Israel's bombardment of Gaza since the deadly Oct.
29.10 / 17:49
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Central agencies will probe 'pro-Hamas' event in Kerala: BJP spokesman Sudhanshu Trivedi
BJP national spokesman Sudhanshu Trivedi on Sunday said central agencies will investigate the alleged virtual participation of a Hamas leader in a protest programme in Kerala against Israel's war with the militant outfit. Kerala BJP chief K Surendran alleged on Saturday that Hamas leader Khaled Mashal had participated virtually in the protest programme organised by an Islamist group in the southern state. Trivedi said that the Hamas leader addressed a rally virtually in Kerala from where Congress leader Rahul Gandhi is a Lok Sabha member.
29.10 / 17:11
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FPI positions hint at more pain for mkts
₹14 trillion in investor wealth. The FPI positioning is being viewed as a sign of more weakness by market analysts. The benchmark Nifty index fell 4.8% from 19,811.5 on 17 October to 18,857.25 on 26 October as fears grew over the Israel war widening and US bond yields hitting 16 year highs.
29.10 / 16:09
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Energy & precious metals - weekly review and outlook
Investing.com — Fear across global markets is expected to hit fever pitch in the coming week, with stock markets likely tanking and favorite commodity plays oil and gold rising, as Israel enters the much-anticipated heightened phase of its war with Hamas, attacking Gaza from land, air and sea.
29.10 / 16:09
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Israel's Mobileye CEO urges that Netanyahu be replaced immediately
JERUSALEM (Reuters) — The head of self-driving auto technologies firm Mobileye and one of Israel's leading businessmen, Amnon Shashua, on Sunday urged the immediate ouster of Prime Minister Benjamin Netanyahu and his government.
29.10 / 16:09
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Israel steps up ground operation against Hamas militants in Gaza
By Emily Rose and Nidal al-Mughrabi
29.10 / 15:17
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Big October crash: Try the cockroach portfolio
Mumbai: Even a dead cat will bounce once if it falls far enough," goes a famous Wall Street saying. In the 1980s, the saying gained currency and came to mean a short-term recovery amid a declining trend. As the Indian stock markets closed over 1% on Friday, 27 October, after six days of bloodbath, many analysts found themselves questioning if this was indeed one of those ‘dead cat bounces’.
29.10 / 14:05
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Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
Tether, the preeminent stablecoin firm globally, has once again exemplified its resolve against illicit financial activities by freezing 32 cryptocurrency addresses, implicated in terrorism and warfare funding within Israel and Ukraine. The move showcases the intensifying collaboration between cryptocurrency establishments and global law enforcement to counteract the rising tide of digital-financed crime.
29.10 / 13:49
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Mission impossible? Biden says Mideast leaders must consider a two-state solution after the war ends
Biden is calling on Israeli and Arab leaders to think hard about their eventual postwar reality. It's one, he argues, where finally finding agreement on a long-sought two-state solution to the Israel-Palestinian conflict should be a priority. «There's no going back to the status quo as it stood on Oct. 6,» Biden told reporters, referring to the day before Hamas militants attacked Israel and set off the latest war.
29.10 / 13:23
Reuters
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Israel-Gaza war: Netanyahu apologises after blaming security officials, Army intel for Hamas attack, says ‘was wrong’
Netanyahu Sunday retracted and apologized for a post on platform X (formerly known as Twitter), in which he took a jab at his intelligence chiefs saying they never warned him that Hamas was planning its wide-scale attack on October 7, 2023, reported Reuters. "At no time and no stage was a warning given to Prime Minister Netanyahu regarding war intentions of Hamas. On the contrary, all security officials, including the head of army intelligence and the head of the Shin Bet, estimated that Hamas was deterred and interested in an arrangement," Netanyahu had said in his post on X, (around 2300 GMT on Saturday).
29.10 / 13:23
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Israel-Hamas war: Battered under Israeli airstrikes, thousands loot UN aid warehouses in Gaza
AP quoted a UN agency as saying on Sunday. The United Nations noted the growing desperation and the breakdown of public order, following the war between Israel and Gaza's militant Hamas rulers. Over the weekend, tanks and infantry were pushed into Gaza by Israeli Prime Minister Benjamin Netanyahu as he announced a “second stage" in the war.
29.10 / 12:09
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Kerala blasts: Understanding the mysterious sect called Jehovah’s Witnesses
At 9:30 am on Sunday morning, a series of explosions reverberated through the usually serene environs of Kalamassery town in Ernakulam district of Kerala, around 200 km from the state capital Thiruvananthapuram, sending shockwaves through the state and the nation. At least one person (as yet unnamed) was killed and dozens were hurt. Shaik Darvesh Saheb, head of the state police, confirmed to journalists that an IED (improvised explosive device) was used in the multiple explosions.
29.10 / 11:17
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'Remember travel ban? On day one I will...': Donald Trump makes big promise if re-elected to power
Donald Trump pledged to restore the “travel ban" that targeted seven Muslim-majority countries, if he is re-elected to the White House next year. “You remember the travel ban? On day one I will restore our travel ban," Donald Trump said on October 28, while addressing a Republican Jewish Convention in Las Vegas. Donald Trump was referring to the 2017 order issued by his administration, that imposed a blanket ban on the entry of travellers from Iran, Libya, Somalia, Syria, Yemen, Iraq and Sudan.
29.10 / 11:17
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Israel-Gaza war: Israel PM Netanyahu blames security officials, Army intel for Hamas attack, says ‘no warning given'
Israel-Gaza war LIVE Updates His comments caused a huge political uproar and also led to a rift within his war cabinet. After drawing criticism for not taking responsibility for the intelligence and operational failures surrounding the Hamas attack, Netanyahu deleted the tweet on social media platform X at 1 a.m.
29.10 / 08:59
Provident
UN says thousands of people break into Gaza aid warehouses for food and other 'basic survival items'
Gaza aid warehouses to take food and other «basic survival items.» Thomas White, the agency's director in Gaza, said Sunday that the break-in was «a worrying sign that civil order is starting to break down» after three weeks of war between Israel and Gaza's Hamas rulers. The agency, known as UNRWA, provides basic services to hundreds of thousands of people in Gaza.
29.10 / 08:25
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MARKET CORRECTION: Go for value funds, continue SIPs
As the benchmark indices are down nearly 7% from mid-September peaks on the back of relentless selling by foreign portfolio investors, rising US Treasury yields and the Israel-Hamas conflict, retail investors must take note that every correction is a great opportunity to buy quality stocks at reasonable price for long-term gains. Market corrections are ideal for rebalancing the portfolio, going for value funds, looking at a multi-asset strategy and staying invested in their planned equity investments.
29.10 / 08:05
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PM Netanyahu invokes ‘Amalek’ theory to justify Gaza killings. What is this Hebrew Bible nation?
Gaza residents in the ongoing Israel-Hamas war that has killed over 1,400 Israelis, and nearly 8,000 people in Gaza. “You must remember what Amalek has done to you, says our Holy Bible. 1 Samuel 15:3 ‘Now go and smite Amalek, and utterly destroy all that they have, and spare them not; but slay both man and woman, infant and suckling, ox and sheep, camel and ass’," Netanyahu said.
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