Brent crude jumps 9.6% to $83.30 amid Hormuz risks
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained...
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Gold falls below $4,000 after oil prices jump
Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened....
Samsung sets 2029 start for first Yongin semiconductor plant
Samsung Electronics plans to start operations at its first chip plant in Yongin in 2029. The revised target brings the opening forward by one to...
Bangladesh floods kill 51 and affect one million people
Floods, heavy rain and landslides have killed 51 people across Bangladesh, according to the latest government assessment. The disaster has affected 1,022,963 people in seven...
India and Australia deepen ties across defence and energy
India and Australia expanded ties on July 9, 2026, with agreements covering defence, energy, technology and education. Indian Prime Minister Narendra Modi and Australian Prime...
China unveils AI protein synthesis platform in Shanghai
Chinese researchers have unveiled an AI-assisted platform that converts computer-designed protein sequences into physical samples for laboratory testing. The National Facility for Protein Science in...
flydubai to restart daily Dubai-Aleppo flights on July 20
flydubai will restart daily nonstop flights between Dubai and Aleppo on July 20, 2026, restoring the route after nearly 14 years. The service will link...
OpenAI unveils GPT-5.6 models and Work agent
OpenAI has released the GPT-5.6 model family and introduced ChatGPT Work, an agent designed for longer and more complex assignments. The family includes GPT-5.6 Sol,...
Apple expands Broadcom chip deal in U.S. manufacturing
Apple announced a multiyear chip agreement with Broadcom valued at more than $30 billion. The deal covers custom silicon parts and wireless connectivity technology for...
China foreign exchange reserves decline in June
China’s foreign exchange reserves fell 0.75% in June, official data showed, as valuation changes linked to currencies and asset prices reduced the reported dollar value...