Stocks hit by Iran-Israel fears, containment hopes stem losses

Hong Kong (AFP) April 15, 2024

Equities retreated Monday after Iran ramped up Middle East tensions by launching a barrage of missiles and drones at Israel over the weekend, fuelling fears of a wider conflict in the volatile region. However, while Israel called the attack - which Tehran said was in response to a strike on its Syrian embassy - an escalation of hostilities, analysts said there was hope among traders that t