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Trails of Iranian ballistic missiles light up the night sky as seen from Gaza City during renewed missile strikes launched by Iran in retaliation against Israel on June 15, 2025. Anadolu | Anadolu | Getty ImagesTehran will “pay the price” for its fresh missile onslaught against Israel, the Jewish state’s defense minister warned Monday, as markets braced for a fourth day of ramped-up conflict between the regional powers.Fire exchanges have continued since Israel’s Friday attack against Iran, with Iranian media reporting Tehran’s latest strikes hit Tel Aviv, Jerusalem and Haifa, home to a major refinery. CNBC has reached out to…
Flight AI315 took off from Hong Kong at around 12.20 pm and landed just around an hour laterPublished Mon, Jun 16, 2025 · 03:56 PM[NEW DELHI] An Air India Boeing 787-8 Dreamliner plane bound for New Delhi returned to its origin of Hong Kong as a precautionary measure on Monday (Jun 16), after the pilot suspected a technical issue mid-air, a source with direct knowledge of the matter told Reuters.The incident comes days after an Air India flight to London, using the same type of Boeing aircraft, crashed in the western Indian city of Ahmedabad moments after take-off, killing 241…
[Singapore] Etiqa Insurance Singapore said on Monday (Jun 16) it will offer coverage to eligible customers affected by Jetstar Asia’s upcoming shutdown, following a similar decision by Income Insurance announced on Jun 12.While the shutdown of an airline’s operations is not typically covered under standard travel insurance policies, Etiqa said it will extend support to eligible customers “as a gesture of goodwill to alleviate the financial burden on its valued customers”. The move, which covers partial ticket expenses for flights booked after Jul 31, comes amid growing customer uncertainty following the Singapore-based low-cost carrier’s announcement that it will cease operations…
SYDNEY :Asian shares proved resilient on Monday and oil prices rose anew as the conflict between Israel and Iran showed no sign of cooling, adding geopolitical uncertainty to the world’s economic troubles in a week packed with central bank meetings.The escalation came just as Group of Seven leaders were gathering in Canada, with U.S. President Donald Trump’s tariffs already straining ties.Yet there was no sign of panic among investors as currency markets stayed calm and Wall Street stock futures firmed after an early dip. Oil did add 1 per cent to last week’s 13 per cent surge in an inflationary…
Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp to its export control list, as trade and technology frictions between the self-ruled island, China and the United States incr…TAIPEI, Taiwan — Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, as trade and technology frictions between the self-ruled island, China and the United States increase.Inclusion on the “strategic high-tech commodities” list means Taiwanese companies will need to obtain export permits before selling goods to the respective companies. Other entities on the list include organizations…
France’s President Emmanuel Macron gives the keynote address at the Shangri-La Dialogue Summit in Singapore on May 30, 2025. Ludovic Marin | Afp | Getty ImagesEuropean leaders are looking to Southeast Asia with renewed interest amid Washington’s aggressive tariff agenda, but experts warn that the state of regional trade ties makes it challenging to disrupt the U.S. or China’s hold.Southeast Asia is in a predicament: its ally China is ramping up its advances in the South China Sea, with state-of-the-art Chinese bomber planes. spotted in the disputed Paracel Islands in the region late last month as tensions flare with the…
Estee Lauder’s son – a “cosmetics industry icon” who built the make-up brand into a global powerhouse – has died aged 92.Leonard Lauder joined his parents’ business in 1958 following a stint in the US Navy, working his way up the ranks to become president and chief executive.”For more than six decades, Mr Lauder was a visionary and an innovator – helping transform the business,” the company said in a statement.The entrepreneur had a key role in helping Estee Lauder shift from selling a small number of products in US stores to owning a plethora of brands internationally.As well as…
Video Details Will Power reflected on his early exit from the Bommarito Automotive Group 500 in St. Louis after a tire failure ended his race. 6 HOURS AGO・NTT INDYCAR SERIES・1:00 NTT INDYCAR SERIES
Manfred Ugalde’s superb penalty finish sealed Costa Rica’s victory over Suriname.
HOW DID THIS HAPPEN? The bleak employment outlook is the result of both external and internal economic factors, analysts said. The US-China trade war and economic uncertainty have hurt export demand in certain industries such as manufacturing and commodities, resulting in layoffs, said Teguh. On the domestic front, the government ordered a 256 trillion rupiah (US$16 billion) budget cut for ministries and state agencies at the end of January. It also ordered a 50 trillion rupiah reduction in central government transfers to regional administrations to save a total of 306.6 trillion rupiah in state funds, in what President Prabowo Subianto…