World News

JPMorgan to lead US retail offering in Anthropic's potential record IPO

The company behind Claude has weighed a retail offering of about 15% to 20% of the shares available in the IPO overall

US costs of Iran war top $47 billion, 25% above Pentagon's July estimate

The war's impact on global energy costs has weighed on support for Republican candidates and hurt President Donald Trump's approval ratings

Hackers target US Federal Election Commission's website ahead of midterms

The FEC does not play a role in administering US elections and the outage should have no effect on voters' ​ability to cast ballots

Iran hasn't tried to repair nuclear sites hit in US strikes: IAEA chief

IAEA chief Rafael Grossi urged Iran to give inspectors access to all nuclear sites, including those damaged in the military attacks

Sheikh Hasina accuses Bangladesh govt of mass arrests, repressing opponents

Hasina, who was ousted following the anti-government protests in 2024, alleged that law enforcement agencies were conducting block raids and mass searches in various areas across the country

Israel exit polls show no clear winner, Netanyahu's Likud largest party

The projections for parliamentary election put Netanyahu's bloc at 50 seats in the 120-member Knesset, short of the 61 needed for a majority

Israel election 2026: Netanyahu faces tight race as turnout surges

Record voter turnout and anger over security failures put Netanyahu's long-standing grip on power to the test

Saudi Arabia intercepts Houthi missiles, drones; Egypt backs Riyadh

Fresh Houthi attacks raise security concerns around Saudi Arabia's oil infrastructure as Egypt authorises steps to support Riyadh

The Fed is expected to hold rates steady. Warsh will have to explain why

Persistent price pressures complicate the Fed's rate outlook as energy costs, tariffs and AI-led spending sustain demand

Datanomics: India maintains steady trade surplus with Israel since 2010

As Israel votes on October 27, India's exports to the country have risen tenfold since 1996, with trade largely in India's favour, even as tourism flows show contrasting trends

India faces no pressure to halt Russian oil purchases: Hardeep Puri

Union Petroleum Minister Hardeep Singh Puri on Tuesday denied that India was under any pressure to stop buying Russian oil

Melania Trump-brokered localised truce begins in Ukraine-Russia conflict

A localised ceasefire between Ukraine and Russia took effect early Tuesday ahead of a humanitarian mission led by US first lady Melania Trump, as missile attacks resumed in Kyiv

Global cyberscams cost Americans billions as US recovery efforts lag

A US congressional investigation found that efforts to combat overseas scam networks remain fragmented, with no unified accounting of seized funds or money returned to victims

Saudi Arabia's battle with Yemen's Houthi shifts fears to non-oil economy

Weeks of sporadic strikes by the Iran-backed Yemeni militants have claimed dozens of lives, curbed air travel in Riyadh, delayed showpiece events and effectively shut capital city's financial district

China boycotts Kylian Mbappe after perceived insult to Mao Zedong

CCTV has reportedly removed advertisements featuring Mbappe, stopped airing soccer matches involving the Frenchman and deleted all posts related to him from its official Weibo account

Current climate pledges will cut emissions by just 6% by 2035: UN report

The report comes days after another UN report revealed that the 1.5-degree Celsius temperature target was now completely out of reach

Meta eyes record $97.5 billion equity raise to fund AI infrastructure push

The social media giant said it was increasing the common stock offering it announced on Monday from $22.5 billion to $25 billion, priced at $625.00 per share

US lawmakers warn banks, ports of probe over Russian diesel imports

In letters to the heads of major financial institutions, ports and fuel distributors, the lawmakers said companies facilitating imports in violation of US law could face criminal and civil liability

25% of S Asian Americans who backed Trump plan to back Democrats: Survey

The survey lists cost of living (65 per cent), healthcare (53 per cent), jobs and wages (33 per cent) and education (28 per cent) as key issues for the midterm polls

Israel election tests Netanyahu as war, ethnic tensions shape campaign

Netanyahu is seeking to retain power after three years of war and mounting demands for accountability over the October 7, 2023, attack