News
China issues $50bn warning to Indonesia, slamming nickel production cuts
China has issued a multi-billion-dollar warning to the Indonesian government amidst the economic escalation across the global electric vehicle supply chain
Starbucks Korea closes nationwide after Tank Day scandal
Protesters picketed outside retail locations, and outlets suffered a significant drop in retail turnover following widespread calls for a consumer boycott.
Fowl play? Turkish state rules roost after seizing 80% of chicken industry
Sweeping corporate raid targets price manipulation.
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Israeli politicians condemn US-Iran deal as Tel Aviv markets fall
Israeli politicians from coalition and opposition have condemned the US-Iran memorandum of understanding signed without Israel's involvement, as Tel Aviv shares fell.
EU unanimously approves opening of first accession talks cluster with Ukraine and Moldova
Decision moves the accession process for the two countries beyond the legislative screening stage and into substantive negotiations aimed at aligning their laws and institutions with EU standards.
Ukraine eyes bank privatisations and PrivatBank IPO as foreign investors circle
Ukraine is preparing a new phase of banking sector reforms that could see major state-owned lenders privatised and shares in the country's largest bank offered to investors.
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Iran's vice president says deal secures national interests, hints at frozen funds
Iran's executive vice president Mohammad Jafar Ghaempanah has said the deal with the US will secure all of the country's national interests, hinting at the release of billions in frozen funds.
Romanian president makes new PM nomination in attempt to end political deadlock
Nomination triggers a confrontation within the centre-right PNL and opens a new chapter in efforts to rebuild a pro-European governing coalition on shaky foundations.
Fidesz re-elects Viktor Orban as party leader despite election setback
Party congress signals continuity rather than strategic renewal for Fidesz, forced into opposition after four supermajority wins.
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Oil prices drop as Pakistan announces US-Iran deal
Oil prices fell in early Asian trading after Pakistan, which has been mediating efforts to end the US-Iran war, announced a deal that US President Donald Trump said would lead to the reopening of the Strait of Hormuz.
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US, Iran reach deal to end war, reopen Strait of Hormuz
The US and Iran have agreed to end their war and reopen the Strait of Hormuz, Pakistan said, with President Donald Trump authorising the lifting of the US naval blockade in a deal set to be signed in Switzerland ahead of markets opening on June 15.
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US and Venezuela strike kills Tren de Aragua chief in joint operation
The US military has killed Héctor Rusthenford Guerrero Flores, the leader of the Tren de Aragua criminal gang, in a co-ordinated military operation conducted with Venezuelan forces in the south-eastern state of Bolívar, President Trump revealed.
Clashes erupt in Tirana as anti-government protesters confront Socialist Party supporters
At the centre of the dispute are plans for high-end tourism investments by a company associated with Jared Kushner, the son-in-law of US President Donald Trump.
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BREAKING: Pakistan says final text of US-Iran peace deal agreed
Pakistani PM Shehbaz Sharif says a final text of a US-Iran peace deal has been agreed, with Islamabad finalising next steps, as US Vice President JD Vance warns against false claims over the terms.
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US and Iran said to have agreed text of interim deal, but Tehran plays down talk of a signing
The United States and Iran have reportedly agreed the text of a memorandum of understanding that would extend their ceasefire, reopen the Strait of Hormuz and open the way to further talks on Tehran’s nuclear programme.
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Tehran Friday prayer leader warns US will face “hard slap” if it missteps
Tehran Friday prayer leader Khatami says the US understands only the language of force, dismisses talks and ceasefires, and warns of a decisive Iranian response to any aggression.
Former South Korean president sentenced to 30 years over North Korea drone case
The court found that Yoon ordered the operation in October 2024 with the aim of provoking Pyongyang and using the resulting tensions as a pretext for his declaration of martial law on December 3, 2024.
Princess Bajrakitiyabha of Thailand dies aged 47
Her death deprives Thailand’s royal family of one of its most accomplished and prominent members, and a figure who many believed could have played an important role in the kingdom’s unresolved succession.
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Iran's Solico to build large cheese plant in Kazakhstan in $66mn dairy deal
Iranian food group Solico will build a 155,000-tonne cheese plant in Kazakhstan's Almaty region under a KZT35.2bn deal, deepening Astana-Tehran ties, with the plant due to be commissioned in 2029.
Azerbaijan launches $3bn agricultural transformation programme targeting 33.8% export growth by 2030
Azerbaijan is overhauling its agriculture sector with reforms targeting higher-value output, expanded irrigation and improved land use.