live Fresh attack on Strait of Hormuz shipping raising fears of oil supplies
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the ...
Japanese Prime Minister Shigeru Ishiba announced on Tuesday that Japan and the United States have not reached a comprehensive tariff agreement, with key disagreements persisting between the two economic powers.
Speaking to reporters in Calgary, Ishiba emphasized Japan's commitment to securing a trade deal that is mutually beneficial while staunchly safeguarding its national interests. A central point of contention remains the 25% tariff imposed by U.S. President Donald Trump on Japanese auto imports, a measure Ishiba stated is significantly impacting Japanese companies, particularly in the automotive sector, and has broader implications for the global economy.
Ishiba revealed that "both Japan and the United States have continued sincere discussions, exploring the possibility of an agreement until the last moment." However, he conceded that "there still remain points of disagreement between the two sides." He had held direct talks with President Trump on Monday, but the meeting concluded without a breakthrough on lowering or eliminating these tariffs.
Beyond the bilateral trade discussions, the G7 summit itself concluded without a joint statement of support for Ukraine. This was largely due to President Trump's expression of support for Russian President Vladimir Putin and his early departure from the summit to address the escalating Israel-Iran conflict.
During his time at the Canadian Rockies resort, Prime Minister Ishiba also engaged in bilateral talks with other world leaders, including his inaugural meeting with German Chancellor Friedrich Merz and discussions on security relations with South Korean President Lee Jae-myung, before returning to Tokyo.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad saying the strike originated from Iraq.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
Dubai’s property market has spent years climbing. Now, for the first time since 2021, prices are moving in the opposite direction.
Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday, according to the UK Maritime Trade Operations (UKMTO), adding to concerns about energy supplies after Saudi Arabia shut down a vital oil pipeline on Saturday.
A Kyiv-Warsaw train was struck near the Polish border, Ukraine's state railway firm said on Sunday. No passengers were injured. Ukrainian Railways said that the country's railways were facing systematic attacks for a second day and warned of widespread delays.
Indonesian rescuers are searching for 130 people after a passenger ship carrying 243 people sank in the Java Sea following bad weather, while 113 people have been evacuated and six have died, the country’s search and rescue agency said on Sunday.
China will lead the creation of an open source platform among BRICS members to promote cooperation on large language models, Chinese President Xi Jinping said on Sunday.
Swedes vote in an election on Sunday (13 September) that could see the far-right enter government for the first time if the country's right-wing parties can form a majority.
Philippine rescuers recovered 41 more charred remains from a ferry fire on Saturday (12 September), taking the death toll to 76, while 13 people remained unaccounted for as forensic teams worked to identify the victims.
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