Iran marks one year since Hezbollah chief Nasrallah’s assassination
Thousands gathered in Tehran on Thursday to commemorate one year since the assassination of longtime Hezbollah leader Hassan Nasrallah, as Iranian off...
Asian shares slipped on Thursday as disappointing Chinese economic data and a sharp fall in copper prices weighed on sentiment, while the yen firmed after the Bank of Japan held interest rates steady but raised its inflation forecast.
MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7%, though it remains on track for a fourth straight monthly gain in July. Stocks in Hong Kong and China led the declines after official purchasing managers’ indices showed weaker-than-expected activity.
The yen strengthened 0.6% to 148.62 per U.S. dollar after the Bank of Japan unanimously kept its short-term rate at 0.5% but signalled a possible rate hike later in the year. Japanese shares were little changed, with the Nikkei 225 index last up 0.9%.
Investors also digested a flurry of developments, including a U.S.-South Korea trade deal, the Federal Reserve’s decision to hold rates steady, and strong earnings from Microsoft and Meta Platforms. Nasdaq futures jumped 1.2% on the back of the tech results, while S&P 500 futures rose 0.8%.
The Federal Reserve’s rate-setting committee voted 9-2 to keep rates unchanged for the fifth consecutive meeting, the first time in over three decades that two governors dissented. Fed Chair Jerome Powell’s remarks tempered expectations of a September rate cut.
The U.S. dollar index traded at 98.81, just below Wednesday’s two-month high, and is set for its first monthly gain of 2025.
Copper futures plunged 19% after President Donald Trump announced a 50% tariff on copper pipes and wiring, though raw materials such as ores and cathodes were excluded.
Oil prices were steady, with Brent crude for September delivery down 0.2% at $73.10 a barrel, while U.S. West Texas Intermediate was unchanged at $70.01.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
The Commander of Iran’s Anti-Narcotics Police Brigadier General Iraj Kakavand is in Pakistan to discuss increasing the bilateral cooperation against drug trafficking networks, particularly along their shared border.
Azerbaijani President Ilham Aliyev met French President Emmanuel Macron in Copenhagen on 2 October to discuss regional peace and bilateral relations.
President Ilham Aliyev of Azerbaijan and Ukrainian President Volodymyr Zelenskyy met in Copenhagen on Thursday where discussions centred around peace, humanitarian support and future cooperation.
Azerbaijan’s President Ilham Aliyev met Armenian Prime Minister Nikol Pashinyan and European leaders in Copenhagen on Thursday, discussing the peace process, energy cooperation and transport links.
The opening ceremony of the 7th Summit of the European Political Community was held in Copenhagen, the capital of Denmark. President of the Republic of Azerbaijan Ilham Aliyev attended the event on Thursday (2 October).
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