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Australia's largest pension fund invests $346 ‌million in India's NIIF

The fresh commitment takes the pension fund's total investments in India to A$3.3 billion, ahead of Prime Minister Narendra Modi's business engagements in Australia

Oil prices climb after fresh US strikes on Iran raise supply concerns

Brent crude futures rose 78 cents, or 1 per cent to $78.8 a barrel by 0054 GMT, while US West Texas Intermediate crude futures were up 74 cents, or 1.01 per cent, at $74.26 a barrel

War insurers advise shipowners to pause Hormuz voyages after attacks

Renewed tanker attacks in the Strait of Hormuz have driven up war risk insurance costs, raising concerns over shipping, oil supplies, and maritime security

Oil jumps over 5% to two-week high as Trump warns of more strikes on Iran

Brent crude climbed more than 5 per cent to a two-week high after Donald Trump warned of further strikes on Iran, while gold prices declined

With SpaceX Starship, Japan's ispace provides ride-share to the moon

Japan's ispace will launch a lower-cost lunar cargo service using SpaceX's Starship, aiming to expand commercial access to the Moon by 2030

UniCredit nears control in Commerzbank after it secures 48% stake

UniCredit has secured a 47.6% stake in Commerzbank, moving closer to control despite continued opposition from Germany's government and the lender's management

Trump says he thinks he will remove Syria from US terrorism sponsor list

Trump signalled he may remove Syria from the US terrorism list, extending sanctions relief as Washington backs the country's post-war economic recovery

Trump says 'a lot of unity' at NATO summit after lashing allies

Trump's attacks on Spain, renewed Greenland claims and remarks on Iran overshadowed the NATO summit, despite leaders ending the meeting with a show of unity

Apple loses challenge against EU's rules over App Store, iPhone rules

The EU's General Court upheld Apple's designation as a gatekeeper for its App Store and iOS, reinforcing antitrust regulators' efforts to boost competition under the Digital Markets Act

OpenAI gets US govt's approval for broad rollout of advanced GPT-5.6 model

OpenAI expects to release GPT 5.6 more widely this week following additional testing and meetings with US government officials, the report ‌said

RBI reiterates call for crypto curbs; tax department warns of evasion risks

India has allowed cryptocurrencies to exist in a grey zone since a court ‌in 2018 struck down Reserve Bank of India (RBI) policies that effectively banned them

'Terrible partner': Trump orders halt to US trade with Spain at Nato summit

Trump, speaking alongside Nato Secretary General Mark Rutte ‌at the start of the summit ​in Ankara, said he ​wanted no business with Spain

Rupee hits one-month low as oil soars after Trump says Iran deal is 'over'

The rupee fell to a one-month low against the dollar as oil prices surged after Donald Trump said the Iran accord was "over", raising supply disruption fears

Foreign investors pare India rate-hike bets, fuel record 5-yr swaps trading

Turnover in the five-year swap, a key gauge of policy rate expectations, jumped to a record ₹25300 crore ($2.65 billion) on Wednesday, breaking past ₹23,600 crore notional contracts clocked on Tuesday

China lifts July fuel export curbs, lets private refiner resume shipments

Only state-owned companies were ​permitted to export gasoline, diesel and jet fuel in the past few months while it remains unclear if the lifting of export curbs will ‌continue in August

New US attacks on Iran were 'absolutely necessary', says Nato chief

The US military unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing Tehran ‌to sell oil after three ​tankers were hit by ​projectiles in the Strait of Hormuz

Nato leaders meet in Ankara as US ceasefire with Iran hangs in balance

European leaders are seeking to reinforce US commitment to the alliance after Trump's criticism of allies, fresh strikes on Iran and renewed claims over Greenland

Pakistani cargo plane missing off Karachi coast after navigation problem

The Boeing 737 freighter reported a navigational system problem before losing contact with air traffic control, prompting a multi-agency search and rescue operation

Gold eases as fresh US-Iran tensions lift oil prices, rate-hike bets

Spot gold fell 0.1% to $4,100.32 per ounce ‌by 0107 GMT, after dropping to its lowest since July 2 earlier in the day

Oil prices jump 2% as US strikes on Iran revive supply disruption fears

Brent crude futures gained $1.38, or 1.9%, to $75.54 a barrel, and US West Texas Intermediate crude climbed to $71.81 a barrel, up $1.37, or 1.9% at 0128 GMT