World News

Singapore authorities eye tax cuts for fund managers to stay competitive

The Monetary Authority of Singapore is reviewing tax incentives for fund managers after industry feedback that Hong Kong's proposed tax breaks could trigger relocations

Chinese firm demands compensation after UK govt nationalises British Steel

The Chinese company said it has begun negotiations under bilateral investment agreements and may pursue international arbitration, alleging the UK offered almost no compensation for the takeover

Nigerian children pay price for Iran war as malnutrition, poverty surge

Aid workers say soaring fuel and food prices linked to the Iran conflict are worsening child malnutrition in northern Nigeria, where families are already grappling with poverty and insecurity

South Korea's AI-heavy market now sets the tone for global stocks

Fund managers worldwide are increasingly tracking South Korean equities as swings in Samsung Electronics and SK Hynix shape sentiment across global AI and semiconductor stocks

Hungary's President Tamas Sulyok to step down after signing term-ending law

Hungarian President Tamas Sulyok signed a constitutional amendment ending his term, capping a standoff with Prime Minister Peter Magyar's government

9 killed, 80 injured as Ukraine strikes warehouses, oil depot in Russia

Ukrainian drones struck warehouses, an oil depot and other targets in Russia, killing nine people and injuring over 80, as Kyiv stepped up long-range attacks on logistics and military infrastructure

US issues global travel alert for citizens amid rising tensions with Iran

US State Department advised Americans across the world, particularly those in West Asia, to exercise increased caution and stay informed about rapidly evolving security developments

US launches new airstrikes to 'swiftly punish' Iran after two troops killed

The US launched fresh strikes targeting Iran's Revolutionary Guard after an attack in Jordan killed two American service members, as fighting intensified around the Strait of Hormuz

Musk's SpaceX in talks to provide computing power to Pentagon: Report

According to the ‌report, SpaceX employees have ​discussed plans to compete more directly with neocloud firms such ‌as CoreWeave by ​selling computing ‌capacity

US military says 2 troops dead, 1 missing after Iran attack on Jordan base

These are the first US deaths due to Iranian fire since the opening days of the war

Mojtaba Khamenei warns of 'unforgettable lessons' if US continues attacks

The comments came hours after a negotiator said Tehran was suspending its commitments to the interim deal signed about a month ago

Iran suspends interim deal commitments with US amid exchange of attacks

The most significant damage on Saturday occurred in Kuwait when Iran struck a water desalination plant and an oil facility

US, Iran trade strikes over Hormuz; Kuwait suffers infrastructure damage

The region has endured days of back-and-forth attacks in a conflict increasingly focused on control of the strait, an essential waterway that used to carry a fifth of the world's crude oil

DeepSeek seeks fresh funding at $74 bn valuation ahead of onshore IPO

Chinese AI startup DeepSeek is reportedly planning to raise up to 50 billion yuan in a fresh funding round at a valuation of about 500 billion yuan, ahead of a potential mainland stock market listing

7 killed, over 50 injured in Ukrainian drone attack on Russian regions

Ukrainian President Volodymyr Zelenskyy said in a Telegram post on Saturday that Ukrainian long-range strikes hit two 'significant logistical facilities in the Moscow and Tambov regions'

Iran targets Kuwait's water desalination facility for second straight day

Kuwait said an Iranian strike hit a water desalination and power generation plant, sparking a fire for the second consecutive day and prompting authorities to shut down several units as a precaution

US partially restores Hong Kong's special status, drawing praise from China

Washington ended a five-year-old national emergency linked to Hong Kong, partially restoring the city's special legal status while leaving key sanctions under existing legislation unchanged

Christopher Nolan's 'The Odyssey' earns ₹20.76 crore at box office in India

Christopher Nolan's epic The Odyssey, starring Matt Damon, Tom Holland, Zendaya and Anne Hathaway, grossed ₹20.76 crore in India on its opening day, according to trade estimates

'Prepare for corresponding response': Iran warns nations hosting US troops

Iran's Revolutionary Guard warned countries hosting US troops to prepare for a 'corresponding response' and claimed attacks on American military facilities in Kuwait amid escalating regional tensions

Sheinbaum, Carney to attend Fifa World Cup final on Trump's invitation

Mexican President Claudia Sheinbaum and Canadian Prime Minister Mark Carney will attend Sunday's World Cup final in New Jersey with US President Donald Trump, amid strained regional ties