World News

An LNG glut is on its way despite disruption from West Asia conflict

The world's largest LNG plant is idled and Qatar says repairing it will take at least three years. And yet, the contours of a long-term surplus are already starting to emerge

South-East Asian markets on UPI radar as NPCI pushes global expansion

NPCI International Payments is exploring bilateral UPI linkages with Indonesia, Thailand and Malaysia to expand the global footprint of India's payments network

Iran halts talks with US after Israel widens Lebanon offensive: Report

Negotiators will suspend "talks and the exchange of documents through mediators" the semi-official Tasnim new agency reported, citing a statement

India-US trade deal to reflect Washington's tariff changes: Piyush Goyal

Goyal said large parts of the agreement had already been finalised and that discussions were currently focused on a few remaining issues

French Navy, backed by UK, intercepts sanctioned Russian oil tanker: Macron

Russia is believed to be using a fleet of hundreds of ships to evade international sanctions imposed over the war; France and other countries have vowed to crack down on the 'shadow fleet'

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