World News

PM Modi meets Iranian President Pezeshkian on sidelines of SCO summit

The meeting took place as leaders gathered for the SCO summit, which is scheduled to discuss regional and international issues and ways to strengthen cooperation among member states

Japan plans $55.6 bn budget to beef up its defence with drones, missiles

Japan plans to expand its use of drones, artificial intelligence and long-range missiles as it strengthens deterrence and adapts its defence strategy to new forms of warfare

UAE intercepts Iranian drone over territorial waters after US strikes

The UAE Defence Ministry said its air force intercepted an Iranian drone approaching its territorial waters, after US and Iran exchanged fire over the weekend

Sony Music, Warner Chappell sue Anthropic over copyright infringement

The case marks another major copyright challenge for Anthropic as music publishers seek damages and greater scrutiny of the material used to train Claude

Nepal floods kill 903, leave 4,250 missing; Bihar remains on high alert

Sixteen people have been killed and 550 remain missing in Tibet, while rescue teams intensify operations in Nepal

China's factory activity improves in August but remains in contraction

China's manufacturing PMI rose to 49.8 in August from 49.2 in July, beating forecasts but remaining below 50 as weak domestic demand weighs on the economy

Nepal asked China for data on glacier risks months before deadly floods

Nepal and China discussed monitoring floods and glacier hazards in May, but Nepali officials said limited data sharing left them without enough information to anticipate major disasters

Asian shares slide as US-Iran fighting lifts oil; rate hike bets rise

Asian stocks fell as renewed US-Iran fighting pushed Brent crude above $90 a barrel, while hawkish Fed signals lifted bets on a September rate hike

Dollar holds near two-week high as bets rise on September Fed rate hike

The dollar held firm near a two-week high after Kevin Warsh's hawkish remarks lifted expectations of a September rate hike, while the yen slipped below 160 per dollar

Google Maps changes Lake Ontario to 'Lake America' for US users

Google Maps now shows Lake Ontario as 'Lake America' for users in the US after the US Geographic Names Information System formally changed the lake's name

Iran's supreme leader urges Muslim nations to unite against US, Israel

Iran's supreme leader, Ayatollah Mojtaba Khamenei, called on Muslim countries to unite against the US and Israel, as the six-month war exposed divisions across the region

Shein IPO values fast-fashion giant at $26 billion, far below peak

Shein raised $1.7 billion in its Hong Kong IPO at a $26 billion valuation, as slowing growth, tariffs and competition threaten the fast-fashion retailer's prospects

US plans to sanction another bank over Iran transactions, says Bessent

Treasury Secretary Scott Bessent said the Trump administration will impose sanctions on another bank this week as Washington steps up pressure on countries doing business with Iran

BYD's overseas revenue tops China sales for first time as profit rises

BYD's overseas revenue accounted for 53% of first-half sales as domestic revenue fell 31%, highlighting the growing importance of foreign markets for Chinese carmakers

Norwegians line up to mourn late King Harald V, funeral set for September 9

Tens of thousands of Norwegians attended memorial services across the country for King Harald V, who died aged 89, as the royal family remains in official mourning

Iran launches missiles on two US bases in Jordan after attack in Larak

US Central Command said that the blockade remains in place against Iran and, as of Sunday, they have redirected 83 commercial vessels, disabled 3 and boarded 2 to ensure compliance with the blockade

US strikes Iranian rocket launchers in first military action in weeks

US forces struck Iranian rocket launchers near the Strait of Hormuz, ending a month-long pause in direct attacks as Tehran vowed to retaliate over the deadly strike

India geared up to supply more power to Nepal amid flash floods

India will be able to manage the impact of a cut in cross-border hydropower flows from Nepal, according to officials

Ukraine defence minister pledges 'clear' plan to get early loan release

Ukraine's new defence minister plans to seek an early release of EU loan funds as Kyiv faces a $27 billion military budget deficit amid its war with Russia

Battle to build $116 billion global defence bank faces major hurdles

Canada-backed DSRB aims to raise $116 billion to finance defence projects, but limited commitments from major economies threaten its funding and credit-rating ambitions