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Mumbai: Equity indices in Asia were under pressure on Thursday after Iran said the US violated the recently announced two-week ceasefire. Iran closed the Strait of Hormuz less than 24 hours after agreeing to a ceasefire with the US. Following this, the June contract of Brent Crude oil futures rose by 2% to nearly $97 per barrel. South Korea's benchmark index Kospi declined the most among its peer indices, after gaining for the previous four straight sessions. Japan's benchmark index Nikkei 225, ...Read More >

NEW DELHI -- When New Delhi's air quality plunged to "severe" levels this month, Gayatri Shrivastava switched on all three of her apartment's air purifiers -- two in the living room, one in the bedroom -- as a gray haze settled over the city. "Most of them are Philips," she told Nikkei Asia, adding ... ...Read More >

New Delhi, June 7: Japanese carmaker Suzuki Motor has reportedly paused the production of its Swift compact cars at factories in Japan. The halt is said to be due to a shortage of key components, which has been caused by China's restrictions on exporting rare earth materials. These rare earth elements are essential in the manufacturing of vehicles. As per reports, the supply chain issues triggered by the export curbs have impacted Suzuki's ability to maintain output levels for its Swift model. ...Read More >
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