World News

SoftBank overtakes Toyota as Japan's most valuable company amid AI boom

The rally has propelled SoftBank shares up more than 90 per cent this year, pushing the company's market value above 48 trillion yen, higher than Toyota's around 46 trillion yen

Russian govt imposes ban on aviation fuel exports until November 30

The decision has been take to to ensure stability in the domestic fuel market, said Russia government

New inflation warning from bond market adds to Trump's midterm challenges

The challenge is global in scale, as interest rates have risen for multiple countries as the world has been adjusting to the prospect of higher inflation

Iran really wants to make deal with US: Trump amid stalled negotiations

Trump stated that the deal will be a good one for the USA and its allies

US bombs Iranian military sites; Kuwait hit by drone, missile fire

Iran acknowledged launching a retaliatory strike, while Kuwait said it was intercepting incoming drone and missile fire

Kuwait's air defences intercept missiles, drones amid regional tensions

Kuwait informed that if explosion sounds are heard, they result from the air defense systems intercepting the hostile attacks

US proposes new plan to ease Israel-Lebanon tensions amid fighting

In the latest advance, Israeli troops seized the 900-year-old Beaufort Castle and a strategic ridge in southern Lebanon, the military said earlier on Sunday

US military quietly guiding ships through Hormuz amid stalled negotiations

US Central Command has helped around 70 commercial ships pass through the strait in the last three weeks, an official said

China's May factory activity expands for 6th month as price pressures ease

The RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 51.8 in May from 52.2 in April, but was slightly above analysts' forecast of 51.6

As US leadership wavers, Japan is stepping up as Asia's new powerbroker

While the United States reaffirmed its commitment to the Indo-Pacific, it was Japan that delivered the clearest warning on China's growing military assertiveness at Asia's premier security forum

Malaysia enforces ban on social media accounts for children younger than 16

The rules require social media platforms to implement age-verification systems and block users under 16 from creating accounts

Berkshire to buy Taylor Morrison for $6.8 bn in cash to expand in housing

The transaction is Berkshire's first multi-billion-dollar acquisition since Greg Abel became chief executive at the start of 2026, replacing Warren Buffett, who remains chairman

Fed would lose credibility if President can fire officials, says Powell

Powell exited the top job at the Fed earlier this month with a legacy in part defined by his defense of the central bank against relentless pressure from Trump and his allies

Germany, UK voice concern over Israel's widening offensive in Lebanon

United Kingdom intensified the Western diplomatic push for immediate restraint, explicitly calling for a halt to the widening theatre of war

What to know as Israeli forces' Lebanon incursion complicates Iran deal

The Israeli advance presents a challenge in the emerging deal to extend the Iran war ceasefire as Tehran wants any agreement to end fighting in Lebanon

Trump sends back Iran deal text with changes, seeks stricter nuclear terms

The latest round of changes comes a week after Trump said the deal was 'largely finalised' and indicated that an end to hostilities was imminent

No room for speculation till final outcome reached in talks with US: Iran

Araghchi stated that 'it is not possible to judge until a clear conclusion is reached; everything that is being said now is speculation and should not be taken seriously until it is certain'

India key Indo-Pacific partner, says Hegseth amid peace remarks

US defence secretary praises India's military rise and Indo-Pacific role while reiterating Trump's claim of helping ease India-Pakistan tensions

Can the Fifa World Cup 2026 help US beer industry kick its slump?

Beer makers are betting on the FIFA World Cup to revive demand, but shifting consumer habits could limit the boost to sales

Hundreds detained after PSG's violent victory celebrations: Report

Paris police detained dozens of people after violence disrupted celebrations late Saturday of Paris Saint-Germain's second Champions League title win and a group tried to storm a police station in the French capital.