The UN's IMO is evacuating ~11,000 seafarers via Strait of Hormuz after Iran-US ceasefire. Iran and Oman assert sovereign rights, potentially to impose tolls, opposed by US Secretary of State Marco Rubio.
A large fire destroyed approximately 200 temporary tin-shed homes for laborers near Udyog Bhawan in New Delhi early Wednesday. The blaze, originating from an electric panel, spread rapidly through densely packed structures. Firefighters controlled the inferno by 5:30 am; no injuries were reported, and the cause is under investigation.
The UN's International Maritime Organization is coordinating the phased evacuation of over 11,000 seafarers from hundreds of stranded ships in the Gulf. Following a US-Iran ceasefire, temporary routes around risks like floating mines are established for transit through the Strait of Hormuz.
Goldman Sachs predicts China's rapid aging will boost pharmaceutical and biotech sectors, citing companies like Zai Lab and WuXi XDC Cayman. Conversely, carmakers and tech hardware manufacturers may face challenges due to demographic shifts.
Australia's native birds, including black swans, face a "very high risk" of extinction from bird flu. Meanwhile, Europe experiences record heatwaves with 40 drownings in France, and the US Secretary of State addresses shipping tolls in the Strait of Hormuz.
The UN's International Maritime Organization will evacuate over 11,000 sailors stranded in the Gulf due to the US-Israel war against Iran. The operation, in cooperation with Iran and other regional states, faces ongoing disputes between the US and Iran over nuclear inspection details.
A sharp sell-off in major technology stocks has sparked concerns that the artificial intelligence boom driving the market may be overvalued. The rout impacted global markets, with the S&P 500 and Nasdaq Composite experiencing significant declines, while Asian markets like South Korea's Kospi plunged.
Over 11,000 seafarers will evacuate the Persian Gulf through the Strait of Hormuz via a plan supported by Iran and the US. Oman's Navy will facilitate phased exits through temporary maritime corridors due to unsafe prewar shipping lanes mined by Iran.
The UN's International Maritime Organization will evacuate over 11,000 seafarers stranded in the Gulf following a US-Iran peace deal that reopened the Strait of Hormuz. The operation, in cooperation with regional nations and the shipping industry, aims to restore maritime security after months of conflict disrupted global trade.
US Secretary of State Marco Rubio assured Gulf allies that Washington will not permit Iran to charge tolls in the Strait of Hormuz, despite a recent ceasefire deal. Concerns persist over Iran reinvesting frozen assets into its military and its nuclear program.
A proposed $300 billion reconstruction fund for Iran, part of a US peace deal, is causing concern among Arab allies and US Democrats. The Trump administration claims funds will come from Gulf states and private investors, not US taxpayers, but critics fear a wealthier Iran will expand its regional influence.
Singtel, Southeast Asia's largest telecom operator, has sold a 2.8% stake in Thailand's Gulf Development for S$1 billion to fund new investments in areas like data centers and AI. The divestment is part of Singtel's strategy to optimize its portfolio and manage capital.
President Trump stated he will take "what he has to do" if Iran violates their agreement, emphasizing that unfrozen funds should be used for US food purchases. Iran's central bank governor countered that there's no obligation for agricultural imports from the US.
President Trump stated he will take "what he has to do" if Iran violates their agreement, emphasizing funds unfrozen should be used for US food purchases. Iran's central bank governor countered, stating no obligation to buy agricultural inputs from the US.
Despite US-India tensions potentially slowing the Quad's progress, shared concerns over China's dominance in critical supply chains may unite the member countries. Analysts note that while diplomatic friction exists, the need for supply chain diversification remains a key priority for all four nations.
Pakistan played a pivotal role in mediating the US-Iran deal, a diplomatic achievement hailed as significant for the nation. Leveraging relationships with Tehran, Washington, and regional partners like Qatar, Saudi Arabia, and Turkey, Islamabad facilitated negotiations that led to a ceasefire and subsequent talks in Switzerland.
A devastating fire in a three-storey commercial complex in Lucknow's Aliganj claimed the lives of 15 people, mostly young adults and students. Local residents and emergency services worked to rescue those trapped, with harrowing scenes of grief unfolding outside the burning building.
Thousands of giant Australian cuttlefish, expected for their annual breeding aggregation near Whyalla, South Australia, have failed to appear. Marine ecologist Zoe Doubleday suggests a toxic algal bloom is the likely cause, impacting the cuttlefish directly or their food sources. This absence is a significant blow to local tourism and the environment.
A massive fire ripped through a three-floor commercial building in Lucknow's Aliganj, killing at least 15 people, mostly students at an animation coaching center. Trapped by flames and smoke, victims attempted desperate escapes, while rescue teams worked to save those inside. Prime Minister Modi announced financial aid for the deceased and injured.
A massive fire broke out at a coaching-cum-gaming zone in Lucknow's Aliganj area on Monday, killing at least 15 students. Several others were injured. Prime Minister Modi announced ex-gratia payments, and UP CM Yogi Adityanath visited the site.
A devastating fire at a coaching-cum-gaming institute in Lucknow's Aliganj area on Monday has left four people feared dead and several injured. Rescue operations are underway, and an investigation into the cause and safety lapses has been ordered.
India is bolstering its oil reserves and diversifying import sources due to global trade disruptions and geopolitical tensions. State-owned refiners have secured two months of crude supply, increasing purchases from Russia, Brazil, and Venezuela, while also planning a new strategic reserve facility.
A protracted conflict in the Gulf is jeopardizing billions in remittances vital for families across Asia and Africa. Migrant workers face job insecurity and rising costs, with some depleting savings. Economists predict regional growth slowdowns, highlighting the precarious economic model reliant on foreign labor.
The race for the next World Health Organization chief is heating up, with Europe, Asia, and Gulf states emerging as key contenders. The decision, set for next year, comes as the WHO faces reforms and the US's reduced influence.
