World News

Crime gangs snare more than $88 billion in scams in Asia-Pacific, UN says

The report estimated scam losses across East Asia, Southeast Asia, Australia ​and New Zealand between $88.3 billion and $114.1 billion for 2025

US imposes new 50% tariffs on $20 billion worth of Canadian products

In slapping import taxes on goods ranging from wine to cement, ice hockey gear, Trump invoked Section 338 of the Tariff Act of 1930, which permits a president to impose punitive tariffs of up to 50%

UK PM Burnham names Kanishka Narayan as first AI minister to attend cabinet

Narayan, a Labour politician from Wales, was appointed minister for AI and online safety in September 2025 under Burnham's predecessor Keir Starmer

NSA Doval meets Saudi FM, discusses energy security and regional situation

NSA Ajit Doval meets Saudi Foreign Minister Prince Faisal to discuss energy security and maritime corridors amid rising tensions in West Asia

ASEAN top diplomats meet, voice 'serious concern' on Middle East hostility

ASEAN has no shortage of challenges closer to home and will on Tuesday hold a consultation on the conflict in Myanmar, as the bloc's peace initiative falters

Global hunger declines across continents but climate, trade risks loom: UN

Progress was driven largely ​by gains in Asia, particularly India, as well as ​Latin America and the Caribbean. Some African countries also began to reverse years of deterioration

Oil prices rise over 2% on fresh strikes by US & Iran, Houthi blockade fear

U.S. forces bombed targets in southern Iran overnight after President Donald Trump said that Tehran would pay dearly for the deaths of American soldiers. Iran, meanwhile, struck U.S. sites in Bahrain

Federal judge halts Paramount and Warner merger for at least two weeks

12 US states, led by California, sued to block Paramount's pending buyout of Warner last week - alleging that such a combination would 'extinguish competition' in Hollywood

Yemen's Houthis announce Saudi naval blockade: What it means for oil trade

The Houthis have declared a naval blockade on Saudi Arabia, a move that could affect oil exports, shipping through the Bab el-Mandeb Strait and global energy markets

Trump tariff policy 'wildly successful', more coming, says USTR Greer

Greer said the Trump admin had changed the US trade policy of 70 years in the past year and the new measures have resulted in reducing the trade deficit and reshoring of businesses

Who is Andy Burnham, Labour leader succeeding Keir Starmer as UK PM?

Andy Burnham succeeded Keir Starmer as UK prime minister after winning the Labour leadership. Here's a look at his political journey, rise to power and the challenges ahead

Extreme heat morphs into a major economic shock for an unprepared Europe

The region, where temperatures are rising at a pace that's roughly twice the global average, can no longer afford to ignore the economic impact of global warming

Who is Kanishka Narayan? Indian-origin MP named UK's first AI minister

Kanishka Narayan had previously served as Minister for AI and Online Safety since September 2025 under former Prime Minister Keir Starmer

What to know about key challenges Andy Burnham faces as UK prime minister

Burnham became prime minister after spending most of the past decade running Greater Manchester as mayor of a northwest England region with 3 million residents

US and Iran dig in over Hormuz, showing limits of intensifying airstrikes

While the Trump administration says it is open to diplomacy, Iran so far has refused to loosen its grip over the crucial oil shipping corridor in the Persian Gulf

Brent could top $120 if Hormuz disruptions persist: Goldman Sachs

At present, Goldman sees Brent at $80 a barrel in the fourth quarter, and $75 next year, predicated on a de-escalation of tensions in the West Asia

Nolan's 'The Odyssey' powers Hollywood toward strongest year since 2019

The Odyssey, the first film to be shot entirely on Imax Corp. cameras, brought in $264.1 million globally in its opening weekend, surpassing expectations in North America and around the world

Mexico sees tourism boost as 3 mn foreign visitors attend Fifa World Cup

Foreign tourists accounted for about 40% of the 7.5 million total trips to Mexico City, Guadalajara and Monterrey between June 8 and July 12, with the rest made up of domestic travelers

Fifa World Cup final wasn't 'what we dreamed,' says Nike Football chief

For a sportswear and sneaker company like Nike, having its teams fall short of the final means missing out on the windfall generated by fans splurging on merchandise

US attacks Iran for 10th consecutive night, another tanker hit in Hormuz

Recent rounds of attacks between Iran and the United States come as the two countries vie for control of the strait