News
Mass protest in Belgrade signals declining support for government
Up to 190,000 people took part in an anti-government protest in Belgrade on May 23, in one of the largest demonstrations in Serbia since the fall of Slobodan Milošević.
Russian attack damages landmarks across Kyiv in one of war’s largest aerial assaults
Ukraine’s Air Force said Russia launched 90 missiles and 600 drones during an attack that lasted several hours.
Russia fires Oreshnik cruise missiles at Kyiv as tit for tat cycle of violence continues
Russia launched one of its largest aerial assaults of the war against Kyiv on May 24, firing two Oreshnik intermediate-range ballistic missiles alongside hundreds of drones and cruise missiles in retaliation for Ukraine's strikes a week earlier.
Turkey’s wealth fund moved aggressively in equity, bond markets as opposition chief was ousted
Brokers talk of heavy and coordinated intervention.
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Iran says no deal without frozen asset release as nuclear commitments denied
Details of a potential US-Iran deal are emerging, with a 60-day ceasefire extension and Strait of Hormuz reopening among the reported terms, as Trump says the agreement is largely negotiated.
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Iran says it shot down Israeli Orbiter surveillance drone over Hormozgan
Iran's south-east air defence region says it has shot down an Israeli Orbiter reconnaissance drone over Hormozgan province, with the wreckage recovered by the Hormozgan coast guard.
Mass protest in Serbia ends in violent clashes with police
Police fired teargas and clashed with protesters in the Serbian capital after tens of thousands gathered to demand early elections and an end to the decade-long rule of President Aleksandar Vucic.
South Korea’s Posco International to build US-based rare earth plant
Under the agreement, the two companies will jointly invest $200mn to build a rare earth separation and refining plant in the US with annual production capacity of 6,000 tonnes.
India blocks parody ‘Cockroach Janta Party’ website
India’s viral parody political movement, the “Cockroach Janta Party”, says its website has been blocked just days after launching, as its online following continues to surge past 20mn.
Over 80 killed in China coal mine gas explosion
More than 80 people have been killed and two remain missing after a gas explosion at a coal mine in central China, officials said, in the country’s deadliest mining disaster since 2009.
Russia steps up economic pressure on Armenia ahead of pivotal election
Russia has intensified trade restrictions and public warnings over energy pricing against Armenia, as Prime Minister Nikol Pashinyan steers the country closer to the European Union.
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Malaysia's McDonald's plans MYR1bn investment and 100 new restaurants by 2030
McDonald's Malaysia plans to invest $252mn over five years, opening 100 new restaurants and targeting 30% franchise ownership by 2035, with a focus on East Malaysia expansion.
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Hungary in talks to buy 1bn cubic metres of Romanian Black Sea gas annually
Hungary's new government is expected to decide within weeks on a contract to buy 1bn cubic metres of gas annually from Romania's Neptun Deep Black Sea field, Index has reported, citing informed sources.
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US and Iran near 60-day ceasefire extension with gradual Hormuz reopening
US and Iran are close to agreeing a 60-day ceasefire extension including gradual reopening of the Strait of Hormuz, Financial Times reports, as Pakistan's army chief leaves Tehran after productive talks.
American Airlines relaunches transatlantic flight to Budapest after six years
American Airlines has launched direct flights from Philadelphia to Budapest, resuming transatlantic flights after a six-year hiatus.
Slovenian MPs vote to bring back Janez Janša for fourth term as PM
Jansa has been a prominent figure in Slovenian politics for more than three decades as leader of the rightwing SDS.
Explosion at MOL’s petrochemical base kills one person
An explosion during a restart operation at a MOL petrochemical plant left one person dead and several seriously injured, in the second major incident at MOL's Hungairan units in less than a year.
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Iran's favourite kebab becomes a luxury as war drives prices through the roof
A single chicken kebab skewer now costs IRR10mn in Tehran restaurants as Iran's food inflation crisis deepens, with chicken prices up 191% in the past year amid war and economic collapse.
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Iran disconnected from Internet for 80 days with no plans to return online
Iran has no plans to restore general public internet access, with restrictions continuing on security grounds, a senior member of parliament's cultural commission has said.
Kazakh special economic zone court rules in favour of Ukraine over Russia
Ruling in Naftogaz versus Gazprom case sends reassuring signal to potential foreign investors.