World News

US manufacturing growth hits 4-year high as Iran conflict fuels stockpiling

The figures show how manufacturing is getting a temporary boost from the conflict, which has upended supply chains and driven energy and other costs sharply higher

Iran reviewing Trump's latest proposal as clock ticks on ceasefire

Iran gave no indication of when it would respond to the US and reiterated it wants a commitment that fighting will end 'on all fronts, including Lebanon'

Australian court penalises X Corp $465K for breach of online safety rules

The ruling ends a three-year legal battle in which X had argued it was not obliged to answer eSafety's questions

US shuts India-based call centre operation that defrauded elderly Americans

Federal Bureau of Investigation (FBI) Boston said that the probe also resulted in the arrest and conviction of a former employee of the call routing company used by the fraudsters

Asian shares rally after oil prices slip, Wall Street resumes its AI rally

South Korea's Kospi soared 8 per cent to 7,787.74, helped by strong buying of technology shares such as Samsung Electronics, which gained 7.5 per cent

Trump to sign order on AI, cybersecurity amid push for tighter oversight

MAGA activists, including ex-Trump adviser Steve Bannon and right-wing political organiser Kremer, have been pressing to require AI developers to submit their most capable models for security tests

Elon Musk's SpaceX files for IPO: Inside revenue, losses, and future plans

The filing showed that SpaceX has been aggressively investing in artificial intelligence (AI), Starlink satellites and future space missions

Trump renews pressure as Iran warns retaliation may spread beyond West Asia

The US has insisted Iran surrender any plans for nuclear enrichment and reopen the Strait of Hormuz to commercial traffic - demands Tehran is refusing

US charges former Cuban President Raul Castro in 1996 aircraft shootdown

The indictment was related to Castro's alleged role in the shootdown of two small planes operated by the exile group Brothers to the Rescue

Nvidia Q1 result beats Wall Street estimates on massive AI chip demand

Artificial intelligence chipmaker Nvidia earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier

Harvard tightens grading norms making it harder for undergrads to earn A's

They said the reform would ensure that 'a Harvard A grade will now tell students, as well as employers and graduate schools, something real about what a student has achieved'

US aircraft carrier USS Nimitz enters Caribbean amid tensions with Cuba

US Southern Command (Southcom), which oversees American military operations in the Caribbean and Latin America, announced the deployment on Wednesday

If Iran doesn't make a deal, US will do some 'nasty' things: Trump

Trump further noted that the US was involved in various wars earlier, but the war on Iran has been on for only three months

Standard Chartered CEO reassures staff after 'lower-value human' backlash

Bill Winters' remarks on using artificial intelligence to replace 'lower-value human capital' triggered a sharp backlash on social media

Meta begins 8,000 global job cuts in Asian hub of Singapore amid AI push

This latest round of cuts is expected to hit Meta's engineering and product teams in particular and additional layoffs could come later in the year

Indonesia unveils plan to centralise control of commodity exports

Prabowo Subianto plans tighter state control over commodity exports to boost revenues and influence global pricing

Early war goal was to install hard line former President as Iran's leader

An Israeli strike designed to free Mahmoud Ahmadinejad from house arrest in Tehran, US officials said, was part of an effort to bring about regime change and put him in power

Xi, Putin oppose US-Israel war on Iran, call it a threat to global trade

Xi Jinping and Vladimir Putin oppose US-Israeli strikes on Iran amid escalating Strait of Hormuz tensions

Iran threatens war 'beyond the region' as Trump hints at new strikes

Six weeks since Trump paused Operation Epic Fury for a ceasefire, talks to end the war have largely stalled

'In no hurry' to end Iran war, achieving mission's goals matter more: Trump

The US President claimed it had "essentially taken over" Iran, while Iran's Parliament Speaker Mohammad Bagher Ghalibaf said it had used the ceasefire to rebuild its military strength