Jaishankar Warns of Major Food Crisis as Conflicts Hit Global South
S. Jaishankar warns of a major food crisis in coming months, citing fertiliser shortages and energy market stress from the Ukraine and Iran-Gulf conflicts.
International Relations
Australia's August Inflation Cools More Than Expected as Core Measure Eases
Australian consumer prices rose 0.4% in August, below forecasts, while core inflation increased 0.2%, easing pressure for further rate hikes.
Boeing Wins $20 Billion Contract for US Navy's Next-Generation Fighter
The Pentagon has awarded Boeing a $20 billion contract to develop the US Navy's next-generation fighter jet, beating Northrop Grumman.
Oil prices climb as Trump rules out sanctions relief for Iran
Crude benchmarks hit their highest levels since May after Trump denied a report he would ease Iran sanctions, with Brent set for a 14% September gain.
US to Weigh Trade-Deal Tariff Caps in Excess Capacity Probe
US Trade Representative Jamieson Greer says tariff caps in existing trade deals will be considered in a pending excess-capacity investigation.
China's services sector grows at fastest pace in three months in September
China's services PMI rose to 51.6 in September from 51.4 in August, with new business growing at its quickest rate since June.
China's factory activity climbs to five-month high in September
China's manufacturing PMI rose to 52.1 in September from 51.5 in August, beating forecasts, with export orders growing at their fastest pace in seven months.
Ukraine Eyes High-Tech Export Push, Touts Wartime Digital Resilience
Ukraine plans to turn its wartime digital and military-tech expertise into a high-tech export drive, its digital transformation minister said in Washington.
Basel Chair Warns Supervisory Fragmentation Could Deepen Global Financial Risks
Basel Committee chair Erik Thedéen warns that fading international cooperation among banking supervisors could fragment finance and complicate cross-border risk oversight.
Amplitude Energy greenlights East Coast Supply Project development
Amplitude Energy has taken a final investment decision on the development phase of the East Coast Supply Project, targeting first gas in 2028.
Japan 2-year bond yield slips ahead of auction as BOJ rate-hike bets build
Japan's 2-year government bond yield fell 1.5 bps to 1.945% on Wednesday ahead of an auction, as markets price in another BOJ rate hike as early as October.
Japan's factory output slips again in August, defying forecasts
Japan's industrial output fell 1.7% in August, a second straight monthly decline, against expectations of a 1.7% rise.
Trump, Tech CEOs Sign Voluntary Accord on Super Intelligence Safety
US President Donald Trump and top tech CEOs signed a voluntary accord on frontier AI safety, outlining four layers of controls and audits.
North Korea Denies Laying DMZ Mines, Kim Yo Jong Warns of Retaliation
Kim Yo Jong dismissed South Korea's mine assessment as a 'conspiratorial farce' and threatened retaliation if Seoul fires on North Korean troops.
Virginia Man Freed After 25 Years as Murder Conviction Is Vacated
Justin Michael Wolfe's murder conviction was vacated Monday after the sole witness recanted, ending a 25-year legal saga that included more than a decade on death row.
Liontown Approves A$389 Million Kathleen Valley Expansion, Raises FY27 Capex Guidance
Liontown Resources has approved a A$389 million expansion of its Kathleen Valley lithium mine, raising FY27 capex guidance by roughly 35%.
Trump Signs 'Morally Binding' Super Intelligence Accord With Tech Leaders
Trump signed a voluntary White House accord on Super Intelligence with Musk, Zuckerberg, Huang and Amodei, and ordered federal agencies to drop the term 'AI'.
EU Trade Chief Backs G20 Push on Excess Industrial Capacity
The EU's trade commissioner welcomed US efforts to tackle excess industrial capacity at the G20 and pushed for similar reforms at the WTO.
Trump, AI Executives Sign Voluntary Safety Accord at White House
President Trump and top AI executives signed a voluntary accord on AI safety, with self-policing, audits and board reviews, but no federal mandates.
Carney Accuses Cleveland-Cliffs of Betraying Workers as Stelco Layoffs Hit Hamilton
Canadian PM Mark Carney accused Cleveland-Cliffs of betraying workers after Stelco announced layoffs tied to US tariffs, and threatened legal action.