Copper, base metals slide as US-Iran crisis reignites

Base metals including copper came under pressure on Monday as a fresh escalation in US-Iran hostilities reignited concerns…

SK Hynix record plunge drags down AI chip stocks globally

SK Hynix shares plunged as much as 15% in Seoul on Monday, their steepest single-day decline on record,…

Intel commits $5.7B to expand Irish chip plant amid AI boom

Intel announced on Monday a €5 billion ($5.7 billion) capital investment at its Leixlip campus in Ireland, marking…

Rand, rupiah slide as U.S.-Iran strikes rattle EM markets

The South African rand and Indonesian rupiah weakened on Monday as a fresh escalation in the U.S.-Iran conflict…

OPEC cuts 2026 oil demand forecast for third straight month

OPEC on Sunday lowered its 2026 global oil demand growth forecast to 780,000 barrels per day, marking the…

KOSPI plunges nearly 9% as chip rout and Hormuz crisis collide

South Korea's benchmark Kospi plunged 8.95% on Monday, shedding 669 points to close at 6,806.93 and falling below…

Ahmadinejad under IRGC arrest after Mossad contacts exposed, NYT reports

Former Iranian President Mahmoud Ahmadinejad is under house arrest in the custody of the Islamic Revolutionary Guard Corps'…

Arm shares slide as KOSPI crashes nearly 9% in deepening chip rout

Arm Holdings shares fell sharply on Monday as a brutal semiconductor sell-off swept global markets, with South Korea's…

Nine European nations form missile defense coalition with Ukraine

Nine European nations and Ukraine on Monday announced the formation of an integrated anti-ballistic missile coalition aimed at…

Trump administration launches campaign to isolate the ICC

The Trump administration is escalating its confrontation with the International Criminal Court, launching a new effort to isolate…

Trump demands 20% toll on Strait of Hormuz cargo, renews blockade

President Donald Trump on Monday declared that the United States would reassert control over the Strait of Hormuz,…

Dubai plans new Fujairah port to bypass Strait of Hormuz

DP World, the Dubai-based port operator, is planning to build a new multipurpose port and container terminal on…

Oil surges, global stocks slide after Iran closes Strait of Hormuz

Oil prices surged and global stocks fell broadly on Monday after the United States carried out a fresh…

Congo Ebola workers strike over unpaid wages as deaths top 600

Healthcare workers at the epicenter of Congo's Ebola outbreak walked off their jobs last week, staging protests outside…

Trump says US will ‘probably’ take over Strait of Hormuz and get paid

President Donald Trump said Monday that the United States would "probably" take over the Strait of Hormuz and…

Macron says Europe ready to defend freedom ‘at the cost of blood’

French President Emmanuel Macron declared on Monday that Europe is prepared to defend freedom and the rule of…

OpenAI, Meta, SpaceXAI release new AI models touting cost efficiency

The competition among leading artificial intelligence developers has entered a new phase — one defined not by which…

Intel unveils Starfire, its first space-grade chip on 18A

Intel has revealed its Starfire processor, a space-grade system-on-chip built on the company's 18A process node, marking the…

Table tennis federation reinstates Russian athletes after IOC lifts ban

The International Olympic Committee provisionally lifted its suspension of the Russian Olympic Committee on July 7, opening a…

Chinese EV investment abroad nearly triples U.S. total

Chinese automakers have announced close to $101 billion in overseas electric vehicle and battery projects from 2019 to…

World Cup semis pit Nike vs. Adidas in pure brand war

The 2026 FIFA World Cup has narrowed to four teams — and two sportswear giants. When France face…

VW CEO warns of 50,000 more job cuts worldwide

Volkswagen CEO Oliver Blume told employees in an internal memo that up to 50,000 additional jobs may need…

China’s Li Qiang calls for stronger policy response ahead of GDP data

Chinese Premier Li Qiang on Monday called for "a comprehensive and objective understanding of the current economic situation"…

Decoupling from China would cost West $23.6T, EY finds

The United States, eurozone, and United Kingdom would need to invest a combined $23.6 trillion over the next…

China’s oil imports poised to rebound as stockpiling resumes

China's crude oil imports are poised to recover from a months-long slump driven by the Iran war, as…

Nobel laureates among 200+ experts urging AI policy action

More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic, and Google Alphabet…

GCC Q2 earnings set to expose uneven toll of Iran war

Gulf Cooperation Council companies are entering an earnings season that will provide the clearest financial picture yet of…

Saudi-UAE rift forces Wall Street to pick sides amid $3T stake

The deepening fracture between Saudi Arabia and the United Arab Emirates is now reverberating through global finance, with…

European gas prices top 50 EUR/MWh amid Hormuz crisis

European wholesale natural gas prices surged on Monday, with the Dutch TTF benchmark rising above 50 euros per…

EU hit record Russian LNG imports ahead of 2027 ban

The European Union imported a record volume of liquefied natural gas from Russia's flagship Yamal LNG plant in…