The world, in perspective.
Fresh headlines from around the world. Gaming, politics, technology and everything in between.
SA’s R13bn social grant cuts are arbitrary, cruel and economically short-sighted
The Medium-Term Budget Policy Statement cuts R13-billion from social grants, including child support and SRD grants. These reductions will worsen poverty, malnutrition and vulnerability to gender-based violence. Restrictive verification processes exclude eligible recipients, while claims of fraud are used to justify cuts despite available public resources.
Oil Prices Rise as Middle East Risks Persist
Brent climbed above $114 as traders weighed the risk of renewed U.S.-Iran hostilities and further attacks on Saudi energy infrastructure against recovering Middle East oil supplies.
Volvo Cars shares plunge 31% amid China, U.S. slump and fresh job cuts
The Swedish automaker cited a deteriorating environment led by "tougher" market conditions in China and the U.S., which "negatively affected free cash flow."
Japanese inflation breaks 2% for the first time this year
The September reading puts pressure on the Bank of Japan to raise rates by the end of the year.
Ambani's US$3.2 billion Jio Indian IPO lures investors as bids surge on final day
Jio Platforms', India's largest ever, is being closely watched as a test of investor appetite for large listings at a time when AI-linked stocks are facing increased scrutiny.
Lidl to invest €420m across Munster, creating 500 jobs
Lidl has today announced a €420m investment across Munster, which the supermarket group said will create more than 500 permanent jobs.
The prince’s bet on Trump is blowing up in his face
Saudi Arabia’s crown prince Mohammed bin Salman made a few big gambles as he rose to power, including one on Donald Trump.
Europe needs a war economy
With US support increasingly uncertain, Europe must mobilise its financial and industrial power to defend itself.
Why is Indonesia facing a rare MSCI downgrade and what's at stake?
Only three other markets have faced a double MSCI downgrade from emerging market to “standalone” status since 1997.
ASX Runners of the Week: Energy Technologies, RAS Tech & Tambourah
The Bulls N’ Bears ASX Runner of the Week is… Energy Technologies, after it inked a potential US$10 million deal with an Israeli defence giant for its next-gen laser technology smart glasses.
Eddie McGuire no longer hosting a footy show on Nine
McGuire has been a central figure of AFL coverage on Nine for decades but won’t have an on-screen footy role for the network in 2027.
Cap Raise Crucible: Gold books, big fees and bruised punters
Argonaut led $225m of gold raisings; however, Wiluna plunged 22.3%. With eight of our ten featured stocks underwater, brokers’ fees and options stole the Cap Raise Crucible spotlight.
Big Hits: Rapid Critical Metals, Benz Mining, Encounter Resources
Big Hits looks at notable drill intercepts reported to the ASX this week, led by Rapid Critical Metals in NSW, with runners-up Benz Mining and Encounter Resources in WA.
EY’s billion euro Irish business and the owners of Galway’s main streets
The best news, analysis and comment from The Irish Times business desk
Defense giant Saab sees orders triple after Gripen fighter jet deal with Ukraine
European governments race to turn defense spending pledges into military capability, boosting companies' order books.
Nippon Steel to invest $3 billion in new U.S. Steel hot-strip mill
The project is expected to be the largest under Nippon Steel's commitment to invest $11 billion by 2028.
Singapore Exchange CEO signals succession planning as contract nears end in 2027
Mr Loh Boon Chye joined SGX as chief executive officer in July 2015. His current contract runs until mid-July 2027.
Binance's Qafila 2026 campaign rewards Gen Z users driving digital finance adoption across the region
Binance has unveiled a generous regional initiative designed to rally eligible users to celebrate shared financial journeys and explore a broader range of digital financial tools. Qafila 2026 launched with US$1 million in USDC rewards, bringing together eligible users across the Middle East, North Africa (MENA) and Pakistan. New data from Binance - the world
Singapore’s core inflation eases to 2% in September on lower services, retail prices
A “sharp and sustained surge” in global energy or food prices could lift Singapore’s import costs by more than projected, say MAS and METI.
How nervous are bond markets about France?
Dusting off our apples-for-apples spreadsheet
Some of Europe’s highest energy costs expected in Britain this winter
<p>Official forecasts show country will meet energy demand by paying high prices to secure imports</p><p>Great Britain is expected to pay some of the highest energy costs in Europe this winter as its reliance on imports to ensure a steady supply is forecast to deepen.</p><p>Energy system operators have said the country will have enough gas and electricity to
‘Watch out, I’ll wait for you outside’: Aldi self-serve checkouts fuel abuse, threats
Shoppers railed against Aldi’s self-serve checkouts when they rolled out in 2024 – but now they’re frustrated to find them often closed.
EY chief Frank O’Keeffe: ‘We are well on our way to becoming a billion euro business’
Frank O’Keeffe talks about EY’s new strategy, its plan to hit €1.3bn in revenues and the impact of AI on the firm
US is prepared for long stand-off with Iran, says Trump envoy
Mike Waltz warns Tehran it must reach a ‘meaningful agreement’ on its nuclear programme
Europe’s largest landlord exposed to €8bn hit from Berlin apartment plans
Vonovia vulnerable to compulsory purchase of 120,000 flats under proposals from winners of state election
How a transatlantic mega-merger fell apart over a leadership tug of war
Smith & Nephew was in talks to combine with J&J’s orthopaedics unit but refused to agree to former CEO leading combined business
Beware Bessent’s tilt towards short-term debt
If inflation and debt rise and AI optimism falls, then the danger of reducing Treasury maturities grows
AI oversight needs a different model to banking
Regulatory structures for finance were cobbled together over a century — this technology needs its own scrutiny
The limits of Trump’s trade war
Economies like Mexico are being forced to choose sides on trade
Musk wants to merge SpaceX and Tesla: Here’s what to know
The combination of the two companies would be worth about $3.5 trillion and would be the largest corporate deal in history.
Oil hits $114 for first time since May as global stocks hit by AI fears
Markets face twin threats of surging crude prices and concern over durability of AI boom
Sydney’s long haul to a second airport
New hub is intended to expand aviation capacity and serve millions of residents in city’s western suburbs
Used EV values starting to rise as finance packages evolve
The issue of poor used values for electric cars is fast becoming a non-issue, while customer demand will mean finance packages will need to encompass more than just the purchase price
Flagship sweetens Chilean copper deal with 50% price cut
Flagship Minerals has sweetened the terms of its high-grade Rosario copper project acquisition in Chile, extending its option and halving the final payment to US$1 million.
Flagship sweetens price on Chilean copper deal
Flagship Minerals has sweetened the terms of its high-grade Rosario copper project acquisition in Chile, extending its option and halving the final payment to US$1 million.
NextDC boss Craig Scroggie goes viral with gym video
NextDC boss Craig Scroggie has been very public about his extreme diet and exercise regime.
Eight Charts That Show the Depth of France’s Financial Crunch
Years of lavish consumer support have left the country’s finances in a precarious state.
With lockout looming, World Series could be MLB's last games for a while
Major League Baseball faces uncertainty as owners pushes for a salary cap, threatening a lockout starting Dec. 2
Wealthy Chinese move offshore money to U.S. banks as Beijing’s tax net widens
Bankers and lawyers say Chinese clients' demand for U.S. bank accounts has gathered pace as Beijing tightens the screws on Chinese offshore wealth.
How to keep safe online in the wake of AI-supercharged hacking
There are basic steps everyone should take to protect themselves.
Lee set to meet with chief of Japanese business association
SEOUL, Oct. 23 (Yonhap) -- President Lee Jae Myung was set to meet with the chai...
Golden Dragon drills for gold beneath 3km WA anomaly
Golden Dragon has kicked off drilling on a 3km-long gold anomaly at its Cue project in WA’s Murchison, following auger results that appear to link four prospects.
China’s Most Controversial Region Has Become a Showcase for Its Commercial Ambitions
Xinjiang, once the focus of international criticism, is key to Beijing’s plan to expand exports and energy production.
SK Hynix shares rebound after initial drop on scrapped Solidigm IPO plans
SK Hynix shares rebound after an inital drop in early trading, following halted review of Solidigm IPO plans in the U.S.
SpaceX records $561 million investment gain from stake in Elon Musk's Boring Co.
SpaceX's stake in Boring Co. helped boost its net income in the third quarter.
Japon : après un léger ralentissement, l'inflation accélère nettement en septembre, à 2,1%
Les prix à la consommation hors produits frais ont augmenté de 2,1 % sur un an en septembre contre 1,7% en août, un chiffre conforme aux attentes du marché.
Iran Threatens Wider Strikes on Economic and Civilian Targets if U.S. Attacks
As Tehran retains missile and drone stockpiles, Washington is trying to move more servicemembers and diplomatic staff out of harm’s way.
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