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Business

Section
De-escalations in India, Pakistan, China and U.S. fuel Asian stocks rally
Stocks in Asia surge on India-Pakistan, China-U.S. ceasefires

SYDNEY, NSW, Australia - Stocks in Asia and the pacific have closed significantly higher following ceasefires in India-Pakistan hostilities,...

Toyota warns of 21% profit drop amid Trump tariffs, weak dollar
Toyota sees 21% full-year profit decline as tariffs take a bite

TOKYO, Japan: Toyota Motor Corp is bracing for a 21 percent decline in full-year profit, as the impact of President Donald Trump's...

Nordic, Baltic nations plan offline card payments amid rising risks
Nordics, Estonia launching offline card payment in case Internet cut

HELSINKI, Finland: In response to rising geopolitical risks, Finland, Sweden, Norway, Denmark, and Estonia are preparing to roll out...

Budget airlines struggle as big carriers gain in tough market
Low-cost carriers hit hardest by US travel demand slump

CHICAGO, Illinois: All U.S. airlines are feeling the impact of falling travel demand caused by President Trump's trade war. But low-cost...

AWS to invest $4 billion in first Chile data centers
Amazon to spend $4 billion on cloud infrastructure in Chile

SANTIAGO, Chile: Amazon Web Services (AWS) will invest US$4 billion to establish its first data centers in Chile, aiming to tap into...

US and China officials to hold key trade talks in Switzerland
US, China holding ice-breaker trade talks in Geneva on Saturday

WASHINGTON/BEIJING: U.S. Treasury Secretary Scott Bessent and lead trade negotiator Jamieson Greer are meeting China's top economic...

Middle East

Section
Food authority forecasts 500,000 in Gaza will die of starvation
Hundreds of thousands of Gazans being starved to death as world watches

Gaza Faces Imminent Famine as Aid Blockade Enters 70th Day, UN Warns The entire population of Gaza is now at critical risk of famine,...

UN Body Accuses Israel of Systematic Torture, Sexual Violence
'World cannot remain silent,' on Gaza: UN Special Committee

AMMAN, Jordan - A United Nations investigative committee has accused Israel of inflicting unimaginable suffering on Palestinians under...

Saudi Arabia to receive US missiles worth $3.5 billion
US State Dept approves $3.5 billion missile sale to Saudi Arabia

WASHINGTON, D.C.: The U.S. State Department has approved a potential US$3.5 billion arms sale to Saudi Arabia, including AIM-120C-8...

UAE President receives invitation from Custodian of Two Holy Mosques to attend Gulf-US Summit in Riyadh
UAE President receives invitation from Custodian of Two Holy Mosques to attend Gulf-US Summit in Riyadh

ABU DHABI, 12th May, 2025 (WAM) -- President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written message from the...

Egypt backs Russia's peace talks offer to Ukraine
Egypt backs Russia's peace talks offer to Ukraine

President Vladimir Putin has proposed direct negotiations with Kiev without preconditions ...

Egypt backs Russias peace talks offer to Ukraine
Egypt backs Russias peace talks offer to Ukraine

President Vladimir Putin has proposed direct negotiations with Kiev without preconditions Egypt has welcomed Russian President Vladimir...