World News

IMF, IEA, World Bank join hands to manage West Asia crisis impact

IMF, IEA and World Bank form coordination group to assess and manage energy and economic fallout of West Asia crisis, focusing on supply disruptions and global stability

Goldman, Citi staff in Paris to go remote after foiled attack on BoA branch

French authorities have placed four suspects in pre-trial detention over the plot, which potentially had links to Iran

OPEC+ may consider fresh oil output hike at Sunday meeting: Report

Sunday's meeting would normally be expected to decide May output quotas

Russian oil output cuts loom as Ukraine's strikes hit export infrastructure

A cut in output in Russia would add to the strain on global supplies when oil markets have already been jolted by unprecedented supply disruption because of the conflict in the Middle East

How Iran conflict has pushed UK to fix 'deep damages' caused by Brexit

Brexit was designed for control in a 'stable' world, but in a volatile one shaped by the Iran conflict, it is forcing the UK back towards the EU

Iran war disrupts US small businesses with shipping complications

Small business owners say the severe supply chain disruptions during the pandemic were worse - but they fear that if the war stretches on for months

China in talks with 'all parties' on need to restore Strait of Hormuz

China and Pakistan agreed this week to promote a five-point proposal, which includes calls to start peace talks as soon as possible and to guarantee the safety of navigation through Strait of Hormuz

South Korea President seeks swift parliamentary nod for $17 bn energy plan

Lee highlighted that disruptions in global energy supply--particularly due to virtual blockades around the Strait of Hormuz have significantly pushed up fuel prices

War will continue till US faces 'permanent humiliation', surrenders: Iran

Washington is unaware of the Islamic Republic's 'vast strategic capabilities', a spokesperson said, dismissing Trump's claims of 'dramatically curtailing' Iran's ability to launch missiles and drones

One year of Trump's Liberation Day tariffs: Who struck deals, who resisted

A year after it was announced, 'Liberation Day' has altered the mechanics of global trade as tariffs have succeeded in forcing negotiations in some cases and reshaping supply chains in others

Iran hits Haifa port after Trump says Tehran's missile programme destroyed

Israel Defense Forces (IDF) confirmed the missile launches in a statement on Telegram, noting that defensive systems were actively operating to intercept the threat

Poisoning trekkers for profit: Inside Nepal's fake helicopter rescue scam

Investigators in Nepal have exposed a fake helicopter rescue racket where trekkers were airlifted without real medical need and insurers were billed huge amounts through false claims

Iraq's oil hub slows to crawl as Strait of Hormuz closure strangles exports

The war also has led to a sharp reduction in the volume of imported goods reaching southern Iraq's ports, while attacks have halted traffic at the border it shares with Iran

UK gathers over 30 nations to plot ways of reopening Strait of Hormuz

US is not among the countries attending the meeting as Trump has said securing the waterway is not America's job, and told US allies to 'go get your own oil'

7.4 magnitude earthquake in Indonesia triggers small tsunami, 1 killed

The 7.4 magnitude earthquake was centred in the Molucca Sea at a depth of 35 km, the US Geological Survey said

US state of Nebraska recognises Diwali in landmark legislative move

While Hindus account for less than one per cent of Nebraska's population, the passage of resolution LR 424 signals an 'era of deep cultural integration and respect'

West Asia war: Trump vows to hit Iran; Tehran appeals to American citizens

Tensions remain high in West Asia as Donald Trump threatens stronger attacks on Iran if talks fail. Here are the top updates at 10 am (IST)

CFTC settles FTX case; ex-engineering chief Nishad Singh to pay $3.7 mn

Nishad Singh was one of the top executives who testified against Sam Bankman-Fried, the co-founder of the once high-flying crypto exchange that imploded in 2022

China must ease digital barriers to attract more foreign tourists

Last month, nine government bodies led by the Commerce Ministry introduced new policies to woo overseas visitors

Trump admin set to roll out tiered tariffs on steel, aluminium imports

US plans 50% tariffs on many derivative goods, based on import value while others will face 25% duties, with some products taxed at even lower rates