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IN THE NEWS

Oil tumbles and stocks rally on peace hopes, Samsung tops $1 trillion

Oil tumbles and stocks rally on peace hopes, Samsung tops $1 trillion

Oil prices dived again Wednesday on fresh hopes for an end to the Iran war, while Samsung blasted past the $1 trillion valuation mark in an equity markets rally stoked by the AI tech boom.

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Asia football fans sweat on broadcast rights as World Cup nears

Asia football fans sweat on broadcast rights as World Cup nears

Swathes of football-mad Asia from China and India to Malaysia and Thailand are yet to confirm broadcast rights for the biggest-ever World Cup with kick-off barely one month away.

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US pauses Hormuz escorts, Trump says progress on Iran deal

US pauses Hormuz escorts, Trump says progress on Iran deal

The United States will pause escorting commercial ships through the Strait of Hormuz barely a day after it began doing so, President Donald Trump said, citing a desire to reach a peace deal with Iran.

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Cambodian PM's cousin says owned 30% of scam-linked firm

Cambodian PM's cousin says owned 30% of scam-linked firm

A cousin of Cambodian Prime Minister Hun Manet said Wednesday he owned a 30 percent stake in a digital payments platform linked to cyberscams and money laundering and sanctioned by Washington.

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Hegseth's church brings its Christian nationalism to Washington

Hegseth's church brings its Christian nationalism to Washington

Pentagon chief Pete Hegseth invited Christian nationalist pastor Doug Wilson, who opposes a woman's right to vote, to preach at the Defense Department earlier this year.

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Afrobeats' Tiwa Savage nurtures Africa's future talent

Afrobeats' Tiwa Savage nurtures Africa's future talent

Nigerian Afrobeats sensation Tiwa Savage walked around a music centre in Lagos, smiling, listening and giving words of encouragement to scores of young artists in an elite music training programme.

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Venice Biennale opens in turmoil over Russian presence

Venice Biennale opens in turmoil over Russian presence

Resignations, boycotts and threats to cut funding -- the Venice Biennale opens to the press on Wednesday in turmoil over the return of Russia for the first time since the Ukraine war broke out.

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Philips profits double in first quarter

Philips profits double in first quarter

Philips said Wednesday its first-quarter profits had doubled, maintaining its sales forecasts as the Dutch electronics and medical device manufacturer seeks to turn the page on a scandal involving faulty sleep machines.

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Strasbourg on verge of European final amid fan displeasure at owners BlueCo

Strasbourg on verge of European final amid fan displeasure at owners BlueCo

Strasbourg could this week reach the first European final in their history, at the end of a turbulent season for the club which belongs to the same BlueCo consortium that owns Chelsea.

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Tradition, Trump and tennis: Five things about Pope Leo

Tradition, Trump and tennis: Five things about Pope Leo

On May 8, 2025, Robert Francis Prevost became the first pope from the United States, taking the name Leo XIV.

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