China Fund Managers Favor AI Stocks Despite July Sell-Off

Fund managers in China have shown a strong interest in artificial intelligence (AI) and semiconductor stocks…

UAE Reports Two Missiles Fired from Iran, Trade Suspended

The United Arab Emirates (UAE) reported that two ballistic missiles were fired toward its territory from…

UK Inflation Rises to 2.9% as Energy Costs Surge

UK inflation increased to 2.9% in July. This rise was driven by higher energy prices during…

US Cuts South Korea Military Drills by Six Days

South Korea's annual military exercises with the United States will be shortened by six days at…

Nikkei Drops 2.97% as Tech Sell-Off Spreads Across Asia

Japan's Nikkei 225 index fell 2.97% to 65,459.71 on Wednesday, August 19. This drop came amid…

US Imposes Sanctions on ICC President and Senior Prosecutor

The United States has imposed sanctions on the president of the International Criminal Court (ICC) and…

Putin Hosts Myanmar Leader to Discuss Energy and Arms Deals

Russian President Vladimir Putin met with Myanmar's leader Min Aung Hlaing on Tuesday. They discussed cooperation…

Russia Warns UK of Consequences for Drone Support to Ukraine

Russia has warned the United Kingdom about possible consequences for its support of Ukraine, especially regarding…

Gulf-to-China Supertanker Rates Surge to $510,000 Daily

The daily rate for chartering a supertanker from the Persian Gulf to China has reached $510,000.…

Romania Restarts 300 MW Coal Unit Amid Nuclear Shutdowns

Romania restarted the Rovinari Group 4 coal-fired power unit on August 17. This unit adds nearly…