The Japanese yen fell below 161 against the U.S. dollar late Thursday, nearing a 40-year low and sparking renewed speculation of potential government intervention. Despite previous interventions and a Bank of Japan rate hike, the yen continues to weaken due to structural factors.
A proposed two-kilometre buffer zone for renewable energy projects in Victoria could risk billions of dollars in investment and tens of thousands of jobs, according to new analysis. The Clean Energy Council warns the policy, if enacted by the Coalition, would significantly reduce available land for development and impact investor confidence.
An 18-year-old Indian tourist, Romanch Mahajan, died after falling from a Central Park horse carriage when the horse bolted. The incident has reignited calls to ban the industry, with officials and animal welfare groups citing safety concerns and past incidents.
An 18-year-old Indian student, Romanch Mahajan, died in Central Park after a carriage horse bolted, throwing his mother from the carriage. He was reportedly trying to save her when he sustained a fatal head injury. The incident has reignited calls to ban horse carriages in the park.
NTPC is investing ₹5,000 crore to install 5 GWh of battery storage at its coal power plants to absorb excess solar and wind energy, reducing renewable curtailment. The CERC has approved a tariff structure for these projects.
British MP Rupert Lowe has reignited debate over grooming gangs, challenging the term "Asian grooming gangs" and calling them "Pakistani Muslim rape gangs." This follows an independent report linking a majority of perpetrators to Pakistani Muslim heritage and alleging institutional failures. Lowe advocates for deporting non-British offenders and emphasizes justice for victims.
Naturgy renueva su Consejo de Administración con la salida de los representantes de CVC y la incorporación del ex primer ministro italiano Enrico Letta como consejero independiente. La compañía reduce el número de miembros a once y refuerza su influencia en Bruselas.
Despite President Trump's anti-climate policies, US development agencies like MCC, DFC, and EXIM Bank continue to fund climate-friendly projects globally, highlighting embedded climate action in economic activity.
India's thermal coal imports dropped to a four-year low in January-May, totaling 65 million tons, a 12% annual decline. This is driven by increased domestic coal production and a significant 22% surge in renewable energy generation, as the country aims to reduce import reliance.
AI pioneer Yann LeCun criticized Elon Musk's xAI as a "failure" due to team departures and warned of a potential "big bubble explosion" in the AI industry, citing high operational costs and investor-funded usage.
The Swiss National Bank (SNB) stated it's prepared to intervene in foreign exchange markets to prevent excessive appreciation of the Swiss franc. The central bank maintained its policy rate at 0% while noting a slight increase in inflation to 0.6% due to energy prices linked to the Middle East conflict.
Advocates in Central Australia are pushing for youth foyers, transitional housing models for vulnerable individuals aged 16-24, to combat persistently high youth homelessness rates. The NT has Australia's highest rates, with nearly 50% of its homeless population under 24.
Three young rugby players have died in Malaysia within weeks due to heatstroke, dehydration, and organ failure. The incidents, occurring during matches and training in high temperatures and humidity, have sparked concerns about player safety and the need for adjustments in the sport.
The Tahmoor Colliery mine has been sold to a consortium of Golden Energy and Resources (GEAR) and M Resources, offering renewed hope for hundreds of former workers who lost their jobs. The sale is subject to government approvals, but the union is optimistic about operations and job returns.
Donald Trump announced a memorandum of understanding with Iran to end the war, involving sanctions relief and opening the Strait of Hormuz. He also threatened to resume bombing if Iran fails to comply, and discussed the deal's comparison to the Iran Nuclear Deal and the US oil reserve situation.
Twitch streamer Nina Lin's channel is unavailable following her arrest during New York Knicks' championship celebrations. The suspension notice suggests a permanent ban due to guideline violations, adding to her recent controversies.
Energy industry voices are questioning the viability of the Marinus Link project due to the rapid expansion of AI data centres in Tasmania. These data centres require significant energy, potentially consuming a large portion of the state's supply, which could impact the project's business case.
Israel's Finance Minister Bezalel Smotrich announced the "abolition" of parts of the 1997 Hebron Agreement, transferring Palestinian municipal powers over planning and construction in Hebron. Palestinians decry the move as annexation and a violation of agreements, while Israeli officials cite non-cooperation.
President Trump joked about being "the boss" at a G-7 meeting in France while facing criticism at home over a potential Iran deal. Critics claim the deal offers significant concessions to Tehran, including sanctions relief and asset unfreezing, in exchange for vague assurances on its nuclear program.
President Trump joked about being the boss at a G-7 meeting amid criticism that he's being outmaneuvered by Iran in a proposed deal. Critics claim the deal offers significant concessions to Tehran with vague assurances on its nuclear program, while the White House defends it.
The 2026 FIFA World Cup expands to 48 teams, boosting African representation with ten qualifiers. Opening matches feature on-field drama and broader tensions, from xenophobia debates in South Africa to historic France–Senegal connections and DR Congo’s return after 1974.
PM Modi discussed maritime security and Indian seafarer safety with US President Trump at the G7 Summit. The meeting followed the deaths of three Indian sailors in US strikes off Oman. Trump expressed condolences and pledged cooperation on seafarer safety.
Xbox CEO Asha Sharma and CCO Matt Booty informed staff of significant financial challenges, with plans to cut costs by potentially closing Ninja Theory, Double Fine, and Compulsion Games. This follows a memo citing over $20bn in investments yielding declining revenue and a "hardware component crisis."
The US Navy's Pacific Partnership 2026, its largest annual humanitarian mission, has launched with a focus on Southeast Asia. Analysts see it as an effort to rebuild confidence and project soft power amid rivalry with China.
