Death toll nears 400 as Australians remain missing after Nepal-Tibet floods
Families of Australians missing in Nepal and Tibet are appealing for information after deadly floods cut communications across parts of the Himalayan border region. At least 392 people have died and 1,468 are missing, with 39 Australians still unaccounted for, according to the supplied material. Several of the missing were on pilgrimages along the Nepal-Tibet border when floodwaters struck.One of those missing is Reshma Patel, a 46-year-old from Rankin Park near Newcastle, whose family says contact was lost near an immigration building on the border shortly before the flood. A family friend said she was last seen about 10 minutes... [Continue Reading]
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Tokyo Opens Higher as Nikkei Extends Record Run, Commodities Split on Energy and Metals
Executive summary: Tokyo and broader Asia-Pacific markets opened mixed, with the Nikkei 225 and Nikkei 225 ETF both higher, while Hong Kong and Australia slipped. In commodities, natural gas and silver led gains, gold edged up, and WTI crude and platinum fell. The yen weakened modestly against the dollar, while the yuan was little changed. The move set points to a session shaped by rate expectations, currency pressure, and a sharp divergence between energy and precious metals. [Continue Reading]
Kherson residents urged to leave as Russian strikes threaten power and heating
Residents of the southern Ukrainian city of Kherson have been urged to leave after Russian strikes badly damaged a district heating plant and raised the risk of prolonged electricity and heating outages. Regional governor Oleksandr Prokudin said the situation in the city was extremely difficult and warned that the attacks were intensifying. He specifically called on families with children and elderly people to leave if they were able to do so.Prokudin said Russian forces attacked Kherson's district heating plant overnight with glide bombs, causing very serious damage. He said the city could be left without electricity or heating not just... [Continue Reading]
Three killed in Gaza strikes as Israel renews expulsion threats over kite flying
At least three Palestinians were killed in separate Israeli attacks across the Gaza Strip on Thursday, according to medics and local media. One strike hit a tent sheltering displaced people west of Gaza City, while another targeted a similar shelter in the al-Mawasi area of western Khan Younis. A third attack struck an electric bicycle near the al-Sinaa intersection west of Gaza City, adding to the day's toll.A source at Al-Shifa Hospital said one person was killed and others were injured in the strike west of Gaza City. The Palestinian Wafa news agency reported that the drone strike in al-Mawasi... [Continue Reading]
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Nepal-Tibet border disaster worsens as Gyirong port flood footage emerges
Surveillance footage from the Chinese side of the Nepal-Tibet border has shown mud and debris surging towards Gyirong port as rescue teams continue searching after a glacial collapse triggered deadly flooding. The footage showed people running as parked vehicles were surrounded by floodwater, and it was later removed from Chinese platforms. The disaster has affected communities and border infrastructure on both sides of the frontier, with authorities still warning that further flooding remains possible.Chinese state media reported three deaths and 558 people missing at Gyirong, including 260 foreigners. On the Nepalese side, authorities said at least 270 people had died... [Continue Reading]
Piracy off Somalia surges to highest level since 2013, analysis of IMO data shows
Piracy off Somalia has risen to its highest level since 2013, according to an analysis of data from the International Maritime Organisation. At least 15 attacks have been reported since the start of the year across the Gulf of Aden, the Arabian Sea and the Indian Ocean within 2,000 kilometres of Somalia. The increase marks a sharp change after years in which the region recorded only a handful of pirate attacks annually.The analysis says eight of the attacks took place in the Gulf of Aden since May, an area between Somalia and Yemen that links the Red Sea to the... [Continue Reading]
Wall Street Opens Higher as Tech, Banks and Bitcoin Lead, While Energy and Oil Slide
Executive summary: U.S. equities opened firmer, with the S&P 500, Nasdaq Composite and Dow Jones all higher, led by gains in technology, financials and crypto-linked assets. The move came alongside a sharp drop in WTI crude and energy stocks, while natural gas surged and precious metals were mixed to lower. The opening tone suggests investors are rotating toward growth and rate-sensitive areas, even as commodity weakness points to easing inflation pressure at the margin. [Continue Reading]
Flooding hits Birmingham as storm warnings cover much of England and Wales
Flooding has affected parts of Birmingham and the wider West Midlands as thunderstorms are forecast across large areas of England and Wales. West Midlands Fire Service said it had been called to significant flooding in the city after a flood warning was issued for the Perry Barr area on Wednesday night because of rising river levels. Birmingham City Council urged people to take care and avoid walking, cycling or driving through flood water.The fire service said it was responding to incidents around Curbar Road, Thornbridge Avenue and Haddon Road. The Environment Agency had issued 22 flood alerts across the Midlands... [Continue Reading]
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Nepal flash floods leave NSW couple among missing Australians on Himalayan tour
The identity of a missing New South Wales couple has now been confirmed after catastrophic flash flooding in Nepal left a tour group unaccounted for in the Langtang Valley. Venkatraman Balakrishnan, 52, and his wife Chitra Venkatraman, 46, from Western Sydney are among 15 Australians missing from the group, according to the latest confirmed details. The tour was taking place near the Tibet border when the flooding struck, and the wider group remains unaccounted for.The couple were travelling with a US-based hiking company, and their son said he last spoke to his parents when they were about 15 kilometres from... [Continue Reading]
Tokyo closes mixed as energy and metals diverge, Nikkei edges higher while crude slides
Executive summary: Tokyo and broader Asia-Pacific trading ended with a mixed tone, as the Nikkei 225 and Kospi posted modest gains while the Hang Seng and ASX 200 slipped. The sharpest moves in the session were outside equities, with WTI crude falling more than 4%, natural gas jumping over 5%, and gold and silver holding firmer. The yen weakened against the dollar, adding another layer to the cross-asset picture. [Continue Reading]
Qatari PM heads to Tehran as mediation efforts continue over US-Iran talks
Qatar's prime minister is due in Tehran on Thursday for talks aimed at de-escalating tensions and reviving dialogue between Iran and the United States. The visit comes as the wider conflict has entered its sixth month without a diplomatic breakthrough. Qatar said the trip reflects its view that diplomacy remains the best way to resolve differences and support stability in the region.A spokesman for Qatar's Ministry of Foreign Affairs said Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani will meet a number of Iranian officials. According to the statement, the discussions will focus on ways to reduce tensions and create... [Continue Reading]
Nepal-Tibet avalanche and mudslide rescue continues as China sends military aid
Rescue teams are continuing to mobilise on both sides of the Nepal-China border after an avalanche and mudslide left hundreds dead or missing in the Himalayan frontier region. The disaster has affected areas in Nepal and Tibet, with emergency crews working in difficult terrain and authorities warning that the search for survivors is becoming increasingly limited. Images from the area showed a mass of water, mud and debris sweeping through buildings in a valley near the border.China has sent military personnel to the region, along with more than 30,000 emergency kits containing tents, stoves, clothing and other basic supplies for... [Continue Reading]
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US sanctions Palestine Action and allied groups amid wider crackdown
The United States has imposed sanctions on Palestine Action, the pro-Palestine network Masar Badil, and Autistici Inventati, an Italy-based group that provides digital services to left-wing organisations. The move was announced by the US Department of the Treasury on Wednesday and comes as the administration of President Donald Trump intensifies what it describes as a global crackdown on critics of Israel. Palestine Action rejected the sanctions and linked them to the group's legal fight in the United Kingdom.According to the Treasury, the measures include financial penalties against the three organisations. Palestine Action co-founder Huda Ammori said the US action should... [Continue Reading]
Day News Recap: Nepal flood toll rises as Haiti killings, Iran tensions and trade war deepen
Nepal’s flash floods and mudslides along the Nepal Tibet border have worsened, with at least 22 bodies recovered and 384 people still missing, after earlier reports said at least eight people had died in the disaster zone. 🔗 🔗In Haiti, the UN says at least 47 people were killed in a gang attack near Kenscoff, close to the capital Port au Prince, one of the deadliest recent assaults in the area. Survivors are still searching for missing relatives after armed men descended on the farming community and bodies were left in the streets. 🔗 🔗Iran remained at the centre of... [Continue Reading]
Dutch settlement-trade ban faces court challenge over stock deadline
A Dutch evangelical group linked to the Israel Product Centre has taken the Dutch state to court in an effort to block a planned ban on trade in goods from Israeli settlements in the occupied West Bank and Golan Heights. The summary proceedings were filed in the Netherlands, with a hearing due on Wednesday, as the group argues the measure is too broad and leaves it too little time to sell existing stock. The case centres on a decree announced in July and due to take effect on 22 September for three years.The planned ban would prohibit importing, buying and... [Continue Reading]
China tells citizens to leave Eswatini over security risks
China's foreign ministry has told its citizens to leave Eswatini as soon as possible, citing security risks in the southern African kingdom. The advisory also warned of cyber fraud and criminal activity linked to gambling, but did not provide further details. It suggested that Chinese nationals who need to relocate should consider nearby South Africa as a relatively safer option.The warning comes after reports that 40 Chinese nationals have been in detention in Eswatini since last month. According to the supporting report, they were first arrested in March during raids on alleged illegal online gambling centres in Mbabane and surrounding... [Continue Reading]
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Trump-backed candidates win Republican runoff races in South Carolina and Oklahoma
Donald Trump has secured two projected Republican runoff victories in South Carolina and Oklahoma, giving the former president a boost after a series of losses for his endorsed candidates. US media projected that Darline Graham won the South Carolina contest against veteran congressman Ralph Norman, while Mike Mazzei won the Oklahoma runoff for governor against state attorney general Gentner Drummond. The results were reported on Tuesday and were presented as a sign that Trump still retains significant influence over Republican voters.In South Carolina, Trump campaigned directly for Graham, travelled to the state and held a telephone rally on the eve... [Continue Reading]
Breakfast News Recap: Haiti massacre, Hormuz tensions and trade war escalation dominate a busy global briefing
At least 47 people have been killed in a gang attack near Haiti’s capital, in Kenscoff, where survivors are still searching for missing relatives and bodies were left in the streets. The UN says the assault is one of the deadliest recent attacks in the area, and hostages are also being threatened. 🔗 🔗In Sudan, a medical network says 27 people, including four children, were killed in attacks in South Kordofan, the latest violence linked to the country’s wider conflict. The UN has also said Myanmar’s human rights situation has “plummeted to a new low”, warning that civilians continue to... [Continue Reading]
Tokyo and Asia-Pacific close higher as oil slides, gold firms and Korea leads regional gains
Executive summary: Asia-Pacific markets ended mixed to firmer at the Tokyo close, with South Korea’s Kospi the standout mover, while Japan’s Nikkei 225 and the Nikkei ETF posted only modest gains. The sharpest cross-asset move was in energy, where WTI crude fell more than 7%, helping support risk sentiment across the region. Gold also advanced, the yen weakened against the dollar, and the Australian and Hong Kong benchmarks finished higher. [Continue Reading]
Dozens killed in rebel attacks in Sudan's South Kordofan, medical group says
A Sudanese medical network says 27 people, including four children, were killed in attacks in South Kordofan, in the latest reported violence linked to the country's wider war. The Sudan Doctors Network said the killings took place in Qardud and Abu Hamama, two areas inhabited by the Otoro tribe. It said the attacks triggered a wave of displacement toward Abu Hitan and Kadugli.The group accused the Sudan People's Liberation Movement-North, or SPLM-N, of carrying out the attacks. It said the violence targeted unarmed civilians on ethnic grounds and amounted to a clear breach of international humanitarian law. The network also... [Continue Reading]
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Tokyo Opens Mixed as Oil Slumps, Gold Surges and Korea Leads Asia-Pacific Higher
Executive summary: Asia-Pacific markets opened with a split tone, as South Korea and Australia advanced while Japan slipped modestly. The sharpest cross-asset move was in energy, where WTI crude fell -7.7%, while gold jumped +4.3% and the yen weakened against the dollar. The combination points to a market still reacting to shifting Middle East risk, softer oil, and a stronger bid for defensive metals. [Continue Reading]
Wall Street closes mixed as oil tumbles, gold surges and megacap tech splits the tape
Executive summary: US stocks finished mixed, with the Dow edging higher while the S&P 500 and Nasdaq Composite slipped. The session was defined by a sharp drop in WTI crude, a powerful rally in gold, and a split among big tech and chip shares, with Meta, Tesla and Microsoft higher but Nvidia and the broader SOXX chip gauge lower. Defensive and rate-sensitive signals were also visible in the move lower in energy stocks and the rise in banks, while Bitcoin and ether moved in opposite directions. [Continue Reading]
Victoria inquiry urges tougher waste-to-energy rules but stops short of minimum home setback distances
A parliamentary inquiry in Victoria has recommended tighter rules for waste-to-energy facilities, including continuous emissions monitoring and a review of the approvals process. The report was tabled in state parliament on Tuesday and drew protests from residents who travelled to Parliament House to oppose proposed plants in Melbourne's outer suburbs. Critics say the inquiry did not go far enough because it stopped short of setting minimum distances between waste-to-energy sites and homes.The committee made 33 recommendations in all, covering emissions oversight, planning approvals and local impacts. It also said waste-to-energy companies should contribute to the upkeep of local roads, reflecting... [Continue Reading]
Day News Recap: Haiti church massacre, Ukraine drone strike and US sanctions drive a grim global day
At least 40 displaced people were killed when armed gang members attacked a church shelter in Kenscoff, in the hills above Port-au-Prince, in one of the deadliest assaults yet in Haiti's spiralling violence. A fresh overnight raid in the same hillside community left dozens more dead and others injured, underlining how gangs continue to terrorise areas around the capital. 🔗 🔗In Ukraine, authorities said a Russian drone guided by artificial intelligence killed three people in Zaporizhzhia, which they described as the first confirmed AI guided strike of its kind. President Volodymyr Zelenskyy also said there is a limited window for... [Continue Reading]
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Wall Street opens mixed as gold surges, oil slumps and chip stocks retreat
Executive summary: U.S. markets opened with a split tape, as the S&P 500 and Nasdaq slipped while the Dow held a modest gain. The biggest moves came in commodities and rate-sensitive sectors, with gold jumping +3.6%, WTI crude dropping -6.2%, and defence, energy and chip stocks all under pressure. The pattern points to a sharp rotation away from cyclical and semiconductor exposure and toward haven assets. [Continue Reading]
UN watchdog criticises India over hate crimes and alleged law-enforcement abuses
A United Nations racial discrimination watchdog has said India urgently needs to address hate crimes against Bengali-speaking Muslims and strengthen protections for other vulnerable communities. The Committee on the Elimination of Racial Discrimination said it was gravely concerned by reports of large-scale violations involving law-enforcement officials. Its findings also pointed to alleged abuses affecting tribal peoples, Scheduled Tribes, Scheduled Castes, particularly Dalits, and non-citizens.The committee said the reported abuses included racially motivated violence, excessive use of force, extrajudicial killings, arbitrary and prolonged detention without due process, torture, ill-treatment and sexual violence. It urged India to investigate all such claims and... [Continue Reading]
Burnham likely to attend UN General Assembly in New York after Kyiv talks on Ukraine missiles
UK Prime Minister Andy Burnham has said he is likely to attend the United Nations General Assembly in New York next month, in what would be his first visit to the United States since taking office. The trip is not yet fully confirmed, and Downing Street said the plans remain uncertain. Burnham made the comments after meeting Ukrainian President Volodymyr Zelenskyy in Kyiv, where he said the discussion had clarified what he needs to do in the coming weeks.Burnham told Bloomberg that he was looking forward to going to New York in September. He said he had not fully confirmed... [Continue Reading]
Breakfast News Recap: Haiti church massacre, US sanctions on Iran and Ukraine AI drone strike dominate briefing
At least 40 displaced people were killed when armed gang members attacked a church shelter in Kenscoff, in the hills above Port-au-Prince, in one of the deadliest assaults yet on civilians fleeing violence in Haiti. 🔗The United States has launched a fresh sanctions offensive against Iran, widening financial pressure and warning that countries or entities doing business with Tehran could face consequences, while Iran said it was ready and vowed retaliation. 🔗 🔗In Ukraine, authorities said a Russian drone guided by artificial intelligence killed three people in Zaporizhzhia, which they described as the first confirmed AI guided strike of its... [Continue Reading]
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Europe opens mixed as gold surges, Brent eases and FTSE outperforms on a weaker dollar
Executive summary: European markets opened with a split tone, as the FTSE 100 rose sharply while the CAC 40 and DAX were little changed to slightly lower. The biggest cross-asset moves came from commodities and FX, with gold extending a powerful rally, Brent crude easing, and the pound and euro both firmer against the dollar. The pattern points to a market still balancing growth concerns, currency moves and a strong bid for defensive assets. [Continue Reading]
Tokyo and Asia-Pacific Close Mixed as Nikkei Extends Gains, Gold Surges and Oil Slips on Sanctions Risk
Executive summary: Tokyo and broader Asia-Pacific trading ended mixed, with Japan and Australia higher while Korea weakened. The Nikkei 225 rose +0.8% and the ASX 200 gained +1.0%, while the Kospi fell -1.8%. In commodities, gold jumped +4.2% and WTI crude dropped -4.0%, a combination that points to a market leaning toward safe havens and away from energy exposure as investors weigh sanctions-related headlines and broader risk sentiment. [Continue Reading]
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Reno wildfire forces mass evacuations as fire remains uncontained
Around 42,000 people have been ordered to leave their homes immediately as a wildfire on the outskirts of Reno, Nevada, continues to spread, with a further 45,000 told to prepare to evacuate. Officials said the fire had burned about 10,500 acres by Sunday evening and remained 0% contained. The blaze was first reported on Saturday morning and has already injured six people.Governor Joe Lombardo declared a state of emergency in Washoe County and ordered the Nevada National Guard to support firefighting and law enforcement efforts. Officials said the fire was caused by humans and that windy, unpredictable weather has helped... [Continue Reading]
Trump renews Strait of Hormuz claim as Iran threatens to keep waterway closed
Donald Trump has renewed his claim over the Strait of Hormuz after posting a map on Truth Social that depicted the strategic waterway as "new American territory". He did not comment on the image, but the post revived a dispute that has already drawn sharp responses from Iranian officials. The exchange centres on one of the world's most important shipping lanes and comes amid continuing tension between Washington and Tehran.The latest remarks were followed by a direct warning from Mohsen Rezaei, secretary of Iran's Supreme National Security Council, who said the strait would remain closed until the United States changes... [Continue Reading]
More than 100 former UK and French diplomats urge action over Israel's 'erasure' of Palestine
More than 100 former British and French diplomats have called on their governments to take urgent action over what they describe as the "erasure" of Palestine. In an open letter addressed to French President Emmanuel Macron and British Prime Minister Andy Burnham, they urge trade and arms-sales bans on Israel. The signatories accuse Israel of ethnic cleansing and say the situation demands a stronger response from London and Paris.The letter was signed by 52 former French diplomats and 50 former British ambassadors, according to the text. Among the British signatories are two former United Nations envoys, Jeremy Greenstock and Emyr... [Continue Reading]
PlayStation fans plan week-long boycott over Sony's move away from physical discs
PlayStation fans are preparing a week-long boycott in protest at Sony's decision to stop producing PlayStation game discs after 2027. The planned action, described by organisers as a "PS blackout", is due to run from Sunday, August 23, 2026, to Sunday, August 30, 2026. Supporters are being urged to avoid logging in, playing games or making purchases on PlayStation during that period.The protest is being organised through the X account DoesItPlay1, which posted a call for a "one week warning" for the blackout. The message said the minimum requirement was "no logins, no playing, no purchasing on PlayStation", while also... [Continue Reading]
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International condemnation grows over Israel's E1 West Bank settlement plan
Multiple governments and the United Nations have condemned Israel's opening of construction tenders for more than 1,200 housing units in the E1 settlement project in the occupied West Bank. The latest criticism came after a joint statement from the United Kingdom, France, Germany, Italy, the Netherlands, Canada and Norway described the plan as unacceptable. The move has intensified diplomatic pressure on Israel over a project long seen as one of the most sensitive in the occupied territory.The European and Canadian statement warned that the plan would undermine the territorial contiguity of the Palestinian territories and said it could carry legal... [Continue Reading]
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]





