World News

Thailand, Philippines and Argentina primed as supply chain 'rising stars'

A new analysis says several Southeast Asian and Latin American economies are well positioned to attract investment as companies seek more resilient supply chains

Trump-endorsed de la Espriella wins Colombia's presidential runoff election

The businessman and first-time candidate defeated progressive rival Ivan Cepeda, signalling voter dissatisfaction with outgoing President Gustavo Petro's administration

White House seeks $87.6 bn for Iran war, farmers' aid and Ebola response

The supplemental spending request includes $67 billion for defence needs linked to the Iran conflict alongside funding for farmers, Ebola response efforts and domestic projects

Alibaba sues Pentagon in bid to remove 'Chinese military company' label

The Chinese technology company argues that its designation as a military-linked entity lacks a factual or legal basis and was made without a fair process

Magnitude 6.9 earthquake strikes northeast Japan, no tsunami warning issued

Authorities reported no injuries, tsunami threat or abnormalities at nuclear facilities after the strong offshore earthquake struck the Tohoku region

Asian stocks rally as Micron earnings, Qualcomm forecast boost AI optimism

Investor concern that valuations for AI-related companies have become stretched following years of gains has weighed on markets in recent days, leading to volatile sessions

Powerful 7.2 magnitude earthquake hits Venezuela, 'high casualties' likely

Twin earthquakes measuring 7.2 and 7.5 magnitude struck near Caracas, triggering building collapses and emergency rescue efforts; USGS warns of widespread destruction and potential mass casualties

Federal judge blocks Trump bid to require proof of citizenship for voting

A federal judge permanently blocked key provisions of Trump's election order, including a requirement for documentary proof of citizenship to vote

US President Donald Trump says Iran is making very big concessions

U.S. President Donald Trump said Iran is making "very big concessions", adding that developments remain uncertain

Zuckerberg eyeing prediction markets, Meta to create Polymarket-like app

Meta is developing a prediction-market app modelled on Polymarket and Kalshi as Zuckerberg seeks new avenues for growth beyond Facebook and Instagram

SK Hynix plans to raise $29 billion in landmark US listing amid AI boom

SK Hynix plans a $29.4 billion US listing to expand chip capacity, as soaring AI demand fuels one of the biggest share sales in history

AI riches fuel economic divide in chip powerhouse countries of Asia

AI-driven chip demand is powering South Korea and Taiwan's economies, but the windfall is deepening inequality and exposing a widening K-shaped divide

TikTok developer ByteDance seeks $20 billion in its largest offshore loan

ByteDance is in talks to raise a $20 billion offshore loan, potentially its largest ever, as it ramps up investments in AI and infrastructure

Burnham's rival Jones steps aside, clearing his route to 10 Downing

Darren Jones ruled out a Labour leadership bid, leaving Andy Burnham on course to succeed Keir Starmer as UK prime minister by mid-July

Mamdani clout grows after his picks sweep New York City primaries

Mamdani-backed candidates won key New York Democratic primaries, signalling the growing clout of the mayor's progressive coalition

Israel insists on troops in Lebanon; Rubio defends Iran deal in W Asia

Israel says troops will stay in southern Lebanon despite US-backed talks, complicating Iran-US peace efforts as disputes over nuclear inspections persist

Iranian President invites Modi to Khamenei funeral; PM unlikely to attend

Prime Minister Narendra Modi is expected to miss the funeral ceremonies of Iran's Supreme Leader Ayatollah Ali Khamenei due to a scheduled visit to Australia, New Zealand and Indonesia

Russia, India working to boost bilateral trade volumes: Kremlin spokesman

India and Russia aim to boost bilateral trade to $100 billion by 2030, strengthening their "privileged partnership" across key economic sectors

Nuclear site inspections possible only after final US-Iran deal: Iran

Iran says IAEA inspections of its nuclear sites will only be considered after a final agreement is reached with the US

IAEA chief signals that inspectors will visit Iran's nuclear sites

International Atomic Energy Agency (IAEA) head Rafael Mariano Grossi made the comments in Tokyo