World News

Houthis seize key Yemeni Red Sea port, threatening global energy flows

4 Yemeni govt military sources said the Houthis had gained further leverage over the Bab el-Mandeb Strait, the southern outlet of the Red Sea and one of the world's most important shipping routes

No military response discussed under Mecca pact over attacks on Saudi: Pak

The joint defence agreement signed last month stipulates that an armed attack on any one of ​the three countries will be regarded as an attack ​on all of them.

Indian envoy urges stable, predictable India-China ties ahead of Xi visit

This will be Xi's first visit to India in nearly seven years. He is also expected to hold talks with Prime Minister Narendra Modi on the sidelines of the 18th BRICS Summit from September 12 to 13.

ECB hikes rates from 2.25% to 2.5% as Iran war drives fuel inflation fears

The ECB responded by raising its policy rate to 2.50% from 2.25%, saying inflation was expected to stay above its 2% goal for some time.

Piyush Goyal calls for rebalancing India-Russia trade to meet $100 bn goal

Commerce minister says non-energy trade offers headroom for growth as India and Russia target $100 billion in annual bilateral trade and $50 billion in investment by 2030

Pakistan calls Makkah pact defensive alliance, rules out expansion

The trilateral agreement was primarily a "defensive alliance to ensure regional security primarily through deterrence," Foreign Office spokesperson Sajjad Haider Khan said

Ahead of Brics, Chinese minister calls ties with India mutually beneficial

Ahead of the Brics Summit, China called India-China trade ties mutually beneficial and urged New Delhi to ensure a fair, transparent and non-discriminatory business environment for Chinese firms

Nepal floods: Death toll rises to 1,377; search continues for 5,000 missing

Rescue teams continued searching affected districts for more than 5,000 missing people as authorities recovered hundreds of bodies from Chitwan, Nawalparasi, Nuwakot and other areas

16 killed in landslides in southeastern China; over 18,000 evacuated

Search and rescue teams recovered another body from rain-triggered landslides in Jiangxi, taking the death toll to 16, while more than 18,000 people have been evacuated from Suichuan county

Vessel traffic through Strait of Hormuz falls to 7, below 10-day average

Vessel traffic through the key oil-shipping waterway fell to seven on Wednesday from 12 a day earlier and remained well below the 10-day average of 14, preliminary ship tracking data showed

Trump vows $5,000 dividend for US adults if Republicans win midterms

US President Donald Trump said the $5,000 dividend must be spent in the US, adding that he does not want recipients to use the money in countries such as Canada, China or Germany

Philippines ferry fire: 5 dead, 87 missing as rescue operation continues

MV June Aster was carrying 134 people when it caught fire near Coron after sailing from Manila, with 42 rescued so far as coast guard teams continue search operations

FATF issues alert on money laundering risks in gaming, gambling sectors

Global watchdog flags criminals using gambling platforms without actually betting, splitting transactions to evade detection and placing coordinated bets to manipulate events

Zelenskyy's plane almost hit by drone while flying to Oslo, says Norway PM

Ukrainian President Volodymyr Zelenskyy's plane "was almost hit by a drone as it was taking off from Moldova. That is the reality he is facing," Norwegian Prime Minister Jonas Gahr Støre said.

Huawei racketeering trial begins in US as prosecutors allege theft, spying

US prosecutors accused the Chinese tech giant of stealing technology from American companies, abusing the financial system and helping Iran monitor its citizens

Asian stocks slide as oil tops $100, investors brace for US inflation data

MSCI's Asia-Pacific index fell 1 per cent, while Japan's Nikkei and South Korea's KOSPI dropped more than 1 per cent as investors weighed higher oil prices and the outlook for US monetary policy

Putin wants Ukraine peace deal, but feud with Zelenskyy blocking it: Trump

Trump said Russia's president is willing to negotiate an end to the Ukraine war but argued that deep hostility between Putin and Zelenskyy remains the biggest barrier to a diplomatic breakthrough

Iran conflict will end 'immediately' after US midterm elections: Trump

Trump accused Tehran of trying to influence American voters in hopes of bringing a weaker administration to power and pursuing its nuclear ambitions

Ukraine says it needs $27 bn more as Europe scrambles to understand why

An unexpected request from President Volodymyr Zelenskyy offered a stark reminder that the cost of the war will rise, challenging Europe

US Senators demand action against 3 India-based firms for data 'theft'

Bipartisan lawmakers alleged the firms ran hacking campaigns targeting thousands of Americans and US businesses, including private equity firms, pharmaceutical companies and more than 1,000 attorneys