Houthis attacks in Saudi Arabia prompt US diplomatic action, while quarterly results improve investor appetite.

The entities involved

• Houthis →

  Yemeni Islamist organization

  • Instructed Houthis to prepare to close Bab el-Mandeb Strait, a blockade threatens export routes through Hormuz, and a naval blockade on Saudi Arabia has been declared.04:27
  • Houthis are involved in a military offensive in Yemen, which the Popular Resistance is repelling in Taiz.Fri 21:15
• Saudi Arabia →

  country in West Asia

  • The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.04:47
  • Pakistan's State Bank announces forex rates while monitoring Australian dollar and noting employment of Pakistanis in UAE and Saudi Arabia.Fri 18:39
• Nasdaq →

  American fully electronic stock exchange

  • Maya is pursuing a domestic listing and has filed financial statements with the SEC, with foreign partners potentially eyeing a Nasdaq listing.03:46
  • Nasdaq decline triggered a selloff across the chip sector.03:25

Related events

• Houthis attacked Saudi Arabia, prompting discussions about US action, while Iran and Israel escalate tensions.Oct 10
• Houthis targeted civilian and economic sites in Saudi Arabia.Sep 9
• Iranian-backed Houthis attacked the Saudi Aramco headquarters in Dhahran, raising concerns over energy supply disruption.Oct 23
• Houthi forces, backed by Iran, have vowed to impose a naval blockade on targets in Saudi Arabia, including the capital Riyadh.Sep 20
• Houthis conducted military operations targeting Saudi-backed forces in Yemen.Aug 6