Tokyo Opens Higher as Nikkei Extends Rally, Kospi Surges and China-Hong Kong Divergence Deepens
Executive summary: Asia-Pacific trading opened with a sharp split in risk appetite, led by a powerful rally in South Korea and gains in Japan, while Hong Kong and Australia traded lower. The Nikkei 225 rose +2.6% and the Nikkei 225 ETF gained +2.7%, but the standout move was the Kospi, which jumped +11.5% after a dramatic overnight surge. Commodities were mixed, with gold up +1.1% and WTI crude down -1.1%, while the yen and yuan were little changed against the dollar. [Continue Reading]
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Day News Recap: Deadly disasters and conflict flare across multiple regions as Ukraine war escalates
Russia said at least seven people were killed in what it called the largest Ukrainian drone attack of 2026, with 822 drones launched, while President Volodymyr Zelensky said Russian forces used North Korean missiles and warned that up to 50,000 North Korean troops could reinforce Moscow's war effort. 🔗 🔗Ukraine also reported fresh Russian strikes on Kyiv, where six people were injured at a market, and elsewhere in the country, while a separate report said British made drones were used to strike targets inside mainland Russia for the first time. 🔗 🔗In the Middle East, Israeli air strikes in southern... [Continue Reading]
Hurricane Lala weakens but flooding and outages persist in Hawaii
Hurricane Lala weakened to a tropical storm after passing south of Hawaii, but dangerous flooding, strong winds and power outages continued to affect the islands on Sunday. The Big Island remained the main focus of concern as pounding surf, heavy rain and gusty squalls continued to lash coastal and inland areas. Tropical storm warnings also stayed in place for several other islands as the system moved west.Governor Josh Green said more than 60,000 households were without power and that three hospitals had switched to generator power. He also said at least one person died in a car accident in the... [Continue Reading]
Russian strikes hit Kyiv market and other areas across Ukraine
Russian strikes have injured six people at a market in the Ukrainian capital Kyiv, according to the supplied report, as a fresh wave of attacks hit several areas across the country. Firefighters were still working to extinguish hot spots at the market site when the area was visited, indicating the damage remained active after the strike. The market was described as a place that sells items such as books and posters, underlining the civilian character of the location.The report said five people were reportedly killed across Ukraine in the same series of strikes. It also noted that Russian officials said... [Continue Reading]
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Zimbabwe ferry disaster death toll rises to 69 after Lake Kariba capsizing
Recovery teams in Zimbabwe have pulled 23 more bodies from a ferry that capsized on Lake Kariba, raising the death toll to 69. The vessel overturned on Tuesday after leaving Kariba town harbour, and search and recovery operations were still under way on Saturday. Police said the boat was carrying far more people than it was authorised to hold, making the disaster one of the country's worst maritime accidents in decades.Authorities said the ferry was carrying an estimated 153 people despite a maximum authorised capacity of 90 passengers. Police investigations suggest the vessel was overloaded when it overturned in rough... [Continue Reading]
Day News Recap: Earthquake toll rises in Indonesia as Middle East tensions and wildfires deepen
Indonesia is facing the worst of the day’s developments after a powerful 7.7 magnitude earthquake off Flores Island killed at least 38 people, injured many more and caused widespread damage, with aftershocks continuing across eastern Indonesia. 🔗In the Middle East, Lebanese officials said Israeli air strikes killed nine people in the south, while Yemen’s internationally recognised government said a Houthi strike on the Red Sea port city of al Makha killed at least four. 🔗 🔗Lebanon’s political and security tensions also sharpened as the prime minister pressed for a clear timetable for Israel’s withdrawal from Lebanese territory, even as Hezbollah... [Continue Reading]
Breakfast News Recap: Hormuz tensions flare as Lebanon, Indonesia and Afghanistan crises deepen
Donald Trump has escalated tensions with Iran by saying he would soon declare the Strait of Hormuz part of United States territory, a claim Tehran rejected as shipping concerns over the strategic waterway remained unresolved. Iran said it had not yet decided whether to restart talks with Washington, while also working separately with Oman on a temporary shipping route. 🔗 🔗In the Middle East, Lebanese state media said an Israeli airstrike on a home near Ansar in southern Lebanon killed seven people and wounded three, as fresh attacks continued in the south. Separately, Lebanon's prime minister is pressing for a... [Continue Reading]
Papua LNG project faces renewed push for approval in Papua New Guinea
Global oil and gas companies are pressing to advance the long-delayed Papua LNG project in Papua New Guinea's Gulf Province, with one government minister saying it could be approved by the end of the year. The project would tap the Elk-Antelope gas field and build a 320-kilometre pipeline to move gas to a liquefaction facility. If completed, it is expected to produce more than 5 million tons of LNG a year.The renewed momentum comes after years of delays linked to political upheaval, cost blowouts, design changes, investor uncertainty and disputes with landowners. The field, discovered in 2006, is described as... [Continue Reading]
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US inflation slows in July as energy prices briefly retreat amid Strait of Hormuz disruption
US consumer inflation slowed in July as energy prices eased briefly, but the data still showed persistent pressure from fuel costs linked to disruption in the Strait of Hormuz. Consumer prices rose 0.1% from June and were 3.4% higher than a year earlier, according to the Department of Labor's Bureau of Labor Statistics. The figures point to a modest monthly cooling, while leaving the broader inflation picture elevated.Energy prices fell 1.5% over the month, yet remained 14.7% higher than in July last year. Petrol prices dropped 2.9% month on month, but were still up 39.1% year on year, underscoring how... [Continue Reading]
Former Chinese Premier Zhu Rongji dies at 97 after shaping trade opening and reforms
Former Chinese Premier Zhu Rongji has died at the age of 97, according to the supplied report. He served as China's premier from 1998 to 2003 and was widely associated with the country's push into global trade and a series of major economic reforms. The report says he played a leading role in China's entry into the World Trade Organization and in policies that helped open Chinese factories to international markets.The report says Zhu was one of the most important economic reformers of his era. It says he moved local tax powers to the central government, closed or privatised failing... [Continue Reading]
Trump Media launches premium Truth Social API as market-moving access concerns grow
Trump Media & Technology Group has launched a premium data service for Truth Social that can deliver selected posts, including those from Donald Trump, within milliseconds to paying subscribers. The move has drawn attention because Trump's posts have repeatedly been able to move markets, particularly when they touch on tariffs, sanctions, military action or energy policy. The service is being marketed to investors and trading firms that want faster access to those messages than the general public.According to the supplied material, the premium Truth Social API was introduced earlier this month. The company says subscribers can receive posts from selected... [Continue Reading]
Dubai Property Market Faces Litmus Test as Nakheel Waterfront Investors Await Final Judicial Verdict
Hundreds of international and local investors who purchased land plots in Nakheel’s massive "Waterfront" project nearly two decades ago are holding their breath. Following the official cancellation of the project by the Dubai Land Department and its integration under Dubai Holding, a special judicial committee appointed by His Highness Sheikh Mohammed bin Rashid Al Maktoum has been tasked with resolving the liquidation and settling investor claims. ​Because the decisions of this specialized committee are legally binding and final, with no avenue for appeal, the upcoming rulings are being viewed as a critical turning point for the regulatory reputation of Dubai's... [Continue Reading]
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The Mirage of the Umbrella: The Shifting Sands of the U.S.-Israel-GCC Alliance
As I sat in a recent debate at the historic Carlton Club in London, listening to Faisal Abbas, the Editor-in-Chief of Arab News, I felt a tangible shift in the room, not because a new fact had been revealed, but because an old illusion had finally lost its last breath. The old-world order has not merely changed, it has evaporated, leaving the Gulf to realize it is no longer watching a distant fire from the safety of marble towers and air-conditioned ministries, but is instead standing directly inside the smoke. The GCC today is caught in a lethal crossfire between... [Continue Reading]
The Glass Elevator to Nowhere: A World Trapped in a Chocolate Factory
As a journalist in my mid-fifties, I thought my skin had thickened to the point of being impenetrable. I have covered the rise and fall of regimes, the grinding gears of the Cold War's leftovers, and the digital revolutions that promised to unite us. I thought I had seen every trick in the political playbook. Then came Donald Trump’s 2026 foreign policy, and I realized I was not watching a statesman; I was watching a child play with a chemistry set he does not understand. The Willy Wonka of the West: Rule by Whim Walking into a press briefing lately... [Continue Reading]
When Deterrence Becomes Reality
Yesterday the war crossed a line! For years the Sejjil ballistic missile existed mostly as a symbol. A weapon paraded in military videos, discussed in defense briefings, whispered about in strategic circles as one of Iran’s most serious capabilities. A weapon that analysts described as deterrence, not something meant to be used. But on March 15, 2026, that line disappeared. Iran reportedly launched the Sejjil (also known as Ashoura) as part of what Tehran called the 54th wave of Operation True Promise 4, a massive strike package that also included the Fattah hypersonic missile and the Qadr ballistic missile system.... [Continue Reading]
The Madness of Power, From Balfour to the Edge of World War Three
A Voice in the Wilderness of War: Who Still Dares to Speak Truth While Empires March There are moments in history when the world suddenly accelerates toward disaster, moments when anyone who has studied history can feel the temperature rising even before the explosions reach their peak. The current escalation in the Middle East is one of those moments. According to the facts we now see unfolding, the United States and Israel made the unilateral decision to attack Iran without the approval of the United Nations, without a global coalition mandate, and without the support of most of the international... [Continue Reading]
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There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]




