Location · 4241 published stories · 351 outlets · All places
South Korean stocks fell sharply on Thursday, with the KOSPI closing down 4.58% as tech shares, led by Samsung Electronics and SK hynix, suffered heavy losses. The decline was attributed to lingering concerns over AI profitability and losses in U.S. chip stocks, while the local currency rose and the Dow hit a record high.
Chancellor John Healey has set the date for an autumn budget on 28 October, pledging to stick to fiscal rules while facing pressure to boost investment. The Guardian reports on the £5bn defence funding gap and the possibility of using flexibility in the rules to ramp up public investment.
Hiroshima on Thursday marked the 81st anniversary of the U.S. atomic bombing, with Mayor Kazumi Matsui criticising major powers for waging wars and justifying nuclear weapons. Prime Minister Sanae Takaichi, attending the memorial for the first time, avoided a specific pledge to maintain Japan's non-nuclear principles, instead saying she would pursue a 'realistic approach.'
Pakistan Tehreek-e-Insaf (PTI) held protests and rallies across the country on Wednesday to mark three years since the arrest of party founder Imran Khan. Khyber Pakhtunkhwa Chief Minister Sohail Afridi announced a march on Islamabad on September 27 if Khan's cases are not heard on merit, while police action and arrests were reported in Lahore and Karachi.
Oil prices slipped on Thursday as investors assessed progress in Iran-Oman talks over the Strait of Hormuz, which could pave the way for a U.S.-Iran peace deal. U.S. President Donald Trump said a deal could be announced this week, while Iran reported that negotiations are in their final stages.
Iran announced it is in the 'final stage' of drafting an agreement with Oman over the Strait of Hormuz, while US President Donald Trump said a deal could come this week. The potential reopening of the critical waterway could ease global economic pressure and pave the way for renewed US-Iran nuclear negotiations.
NATO is working to urgently supply Ukraine with air defenses after Kyiv failed to intercept any Russian ballistic missiles in a recent attack. Ukrainian President Zelenskyy warns Moscow is ramping up missile production ahead of winter, while the EU has released $4 billion for military procurement.
Yemen's Houthis have attacked two Saudi oil tankers as part of a maritime blockade, threatening Saudi oil exports via the Bab al-Mandeb strait. The escalation, which includes a surge in Saudi crude shipments through the waterway, raises concerns for global oil markets and India's imports.
Iran announced an agreement with Oman on shipping routes through the Strait of Hormuz, with final arrangements still being drafted. The deal, reported by Iranian state media and international outlets, comes amid a US naval blockade and heightened tensions.
SpaceX shares fell more than 13% a day after its first quarterly report as a public company, with investors wary of heavy spending on AI and data centres despite revenue beating expectations. Al Jazeera reported the company lost $541m but revenue jumped 90% to $7.8bn.
An Associated Press investigation, cited by multiple outlets, found that dozens of parents and spouses of active-duty US troops have been detained and at least six deported as the Trump administration rolls back longstanding immigration protections for military families.
Lebanese Prime Minister Nawaf Salam accused Hezbollah of serving Israel, after Hezbollah chief Naim Qassem said direct talks with Israel would bring Lebanon only 'shame and humiliation.' The exchange came ahead of a fresh round of US-sponsored talks in Rome.
The UN human rights chief says Iran has executed at least 56 people on national security-related charges since March, using capital punishment to instil fear and suppress dissent. More than 100 others are at risk, and concerns include lack of fair trials and allegations of torture.
Iran and Oman have agreed on the geographic coordinates for a shipping route through the Strait of Hormuz, with a joint announcement in final stages. The proposed deal would give Tehran control over vessels entering the Gulf, a significant concession amid the ongoing war with the US and Israel.
Pakistan and Iran have agreed to expand bilateral trade by keeping border crossings open 24/7, improving logistics, and harmonizing customs procedures. The move aims to reach a $10 billion trade target and comes amid regional economic strains from the US-Iran conflict.
Iran and Oman have agreed on geographical coordinates for a new route through the Strait of Hormuz, according to Iran's Foreign Ministry. Negotiations continue on the temporary route, which could operate for two to four months. The agreement does not automatically mean the strait will reopen to maritime traffic.
Israel's military resumed strikes on southern Lebanon on Wednesday, blaming Hezbollah for ceasefire violations, as U.S.-backed talks continued in Rome. At least one person was killed and 11 wounded, while two Israeli reservists died in combat. The talks are expected to resume Thursday.
Iraq's public employees face delayed July salaries as the country's oil exports plummet due to the closure of the Strait of Hormuz. With oil accounting for 90% of government revenue, Baghdad struggles to fund its $6.5 billion monthly wage bill, while officials warn of continued payment disruptions.
Iranian President Masoud Pezeshkian told Hamas leader Khalil al-Hayya that Tehran will support any decision made by Palestinian leaders in ongoing negotiations, as the US-backed Board of Peace announced a disarmament agreement. Reports also indicate IRGC officials urged Hamas not to sign the deal.
Pakistan's ambassador to Russia, Faisal Niaz Tirmizi, says any new escalation between the US and Iran would have global consequences, citing oil and fertilizer markets. He emphasized Pakistan's role as a mediator and its belief in diplomacy.