World News

Apple sues OpenAI over 'trade secrets': What the dispute is about

Apple claims OpenAI targeted engineers working on Apple's hardware programmes and encouraged them to share confidential information after they joined the AI company

Akzo Nobel rejects Nippon's $8.6 billion offer for paint business

Nippon Paint shares fell as much as 3.4%, the biggest intraday decline in more than a month, before paring some losses

TSMC posts record second-quarter revenue as AI demand drives 36% growth

Taiwan Semiconductor ​Manufacturing Co (TSMC) is a major supplier to companies including Nvidia and Apple

Dubai housing sales decline 16% in H1 2026, prices rise 6%: Anarock

Residential transactions declined from a year earlier, but average prices rose 6 per cent as Dubai's property market remained resilient despite geopolitical tensions in the West Asia

Hormuz traffic falls to multi-week low amid renewed US-Iran conflict

Six vessels transited the strait on Sunday, ship-tracking data from Kpler showed, the ‌lowest number in five weeks

Bangkok pub fire kills 27: Survivors choked on smoke, found no fire exists

Survivors said dense smoke engulfed the venue within minutes as investigators examined a suspected electrical fault and possible failures in the pub's emergency exits

Kuwait, Jordan activate air defences as Iran retaliates after US strikes

Apart from Kuwait and Jordan, Bahrain twice has sounded its missile alert sirens Monday over Iranian attacks

US ends latest round of airstrikes on Iran after Tehran strikes Gulf states

The US military's Central Command said in a statement that it hit air defence systems, radar sites, missile and drone equipment and small boats

Iran condemns US strikes, warns nations aiding Washington may be targeted

Tehran warned that any country allowing its territory or facilities to be used for attacks against Iran could become a legitimate target of Iranian defensive strikes

How Trump failed to secure Strait of Hormuz in his deal with Iran

President Trump signed an agreement that Iran said gave it control of the waterway - and global energy supplies. Now, Iran's military is violently asserting authority

Missile alert sounds in Bahrain amid US-Iran standoff over Strait of Hormuz

Missile alert sirens sounded at dawn Monday in Bahrain, home to the US Navy's 5th Fleet

Nippon Paint offers $8.6 billion for AkzoNobel decorative paints unit

Nippon Paint had previously sought to buy AkzoNobel's entire business along with US-based Sherwin-Williams for €12.5 bn, but the bid was rejected ‌in May, after which the two ​withdrew their offer

Iran expands attacks on Gulf states, says Strait of Hormuz remains closed

The renewed violence casts further doubt on the future of an interim US-Iranian agreement signed last month that aimed to reopen the strait and end the war after a further 60 days of negotiations

US senator Lindsey Graham likely died after aorta rupture: Medical examiner

The rupture was related to the hardening of Graham's arteries, however, an official cause of death will be disclosed after toxicological and microscopic testing

At least 27 dead, several injured after fire breaks out at Bangkok pub

Footage shared online by first responders shows a huge blaze raging and plumes coming out of the front door of the Na Ladprao pub in the northern part of the Thai capital

US launches fresh strikes on Iran as standoff over Hormuz escalates

The strikes, which took place overnight and into early Monday in Iran, came after attacks by the military on Sunday morning in response to an Iranian strike on a container ship

Lava Mobiles confirms death of channel partners in Vietnam boat accident

The bodies of 15 Indian tourists killed in a boat accident off Vietnam's Phu Quoc Island are being flown home as authorities continue to assist survivors and families

World-beating stocks in South Korea are now trading cheaper than ever

While the index has outperformed global peers, it remains at a deep discount to other chip-heavy gauges. The Kospi's price-to-earnings ratio is one-third the current multiple for Taiwan's Taiex

West Asia conflict: Is Hormuz open? There's no strai(gh)t answer

US Centcom claims 'traffic is flowing' through the strait after Tehran says it's closed 'until further notice'

Govt announces one-day national mourning for former Qatar Amir Sheikh Hamad

India will observe a one-day national mourning on Monday to honour former Qatar Amir Sheikh Hamad bin Khalifa Al-Thani, recognising his contribution to India-Qatar ties