TSMC says started mass production of ‘most advanced’ 2nm chips
Taipei, Taiwan -- Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in...
Business
Saudi Arabia condemns ‘dangerous’ UAE moves in Yemen after striking shipment
Riyadh also backed a demand from Yemen's presidential council for Emirati forces to withdraw from the country within 24 hours,...
Geostrategy
Geostrategy
Netanyahu floats ‘allowing’ Palestinians out of Gaza as mediators renew truce push
For Palestinians, any effort to force them off their land would recall the "Nakba", or catastrophe -- the mass displacement...
- Past calls to resettle Gazans outside of the war-battered territory, including from US President Donald Trump, have sparked concern among Palestinians and global community
- Netanyahu defended his war policies in a rare interview with Israeli media, broadcast shortly after Egypt said Gaza mediators were leading a renewed push to secure a 60-day truce
Geostrategy
Zelensky says US summit in Alaska a ‘personal victory’ for Putin
Ukrainian President Volodymyr Zelensky said Tuesday that Russian counterpart Vladimir Putin had scored a "personal victory" by getting invited to...
- Zelensky also ruled out withdrawing troops from Ukraine's eastern Donbas region as part of a peace deal, after Trump said he and Putin might negotiate a land swap to end the war
- The summit, set to take place in Alaska on Friday, will be the first between a sitting US and Russian president since 2021 and comes as Trump seeks to broker an end to Ukraine war
Business
China Evergrande Group says to delist from Hong Kong
Hong Kong, China -- Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange...
- The Hong Kong bourse's listing committee decided to cancel Evergrande's listing as it had failed to meet a July deadline to resume trading, according to an exchange filing.
- Once China's biggest real estate firm, Evergrande was worth more than $50 billion at its peak and helped propel the country's rapid economic growth in recent decades.
Business
ADNOC L&S H1 net profit $420m
The company’s revenue reached $2.43bn
- ADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1.258 billion (AED 4.618 billion)
- In H1 2025, the company’s revenue was $2.439 billion (AED 8.9 billion), a 40 percent YoY increase.
Geostrategy
The Elders group of global leaders terms Gaza situation ‘unfolding genocide’
The London-based group also called for the "recognition of the State of Palestine", but added "this will not halt the...
- "What we saw and heard underlines our personal conviction that there is not only an unfolding, human-caused famine in Gaza. There is an unfolding genocide," it added.
- "Transfers of arms and weapons components to Israel must be suspended immediately," it added, saying Prime Minister Benjamin Netanyahu should be sanctioned.
Arts & Culture
Lebanese craftsman keeps up tradition of tarboosh hat-making
Tripoli, Lebanon -- Nestled among shops in a bustling market in north Lebanon's Tripoli, Mohammed al-Shaar is at his workshop...
- The brimless hats are made with maroon, black or green felt, some bearing floral motifs or embroidered with Lebanon's national emblem, the cedar.
- While the tarboosh has been around in Lebanon for several centuries, it became particularly common during the late Ottoman period.
Geostrategy
Iran security chief meets officials in Iraq before Lebanon visit
Ali Larijani, the head of Iran's top security body, met with senior officials in Iraq on Monday, ahead of a...
- Tehran has suffered a series of blows in its long-running rivalry with Israel, including during 12 days of open war between the two countries in June
- Israel, briefly joined by the United States, struck Iranian nuclear facilities, while Israel has also devastated Hamas and Hezbollah since late 2023
Economy
Most markets rise as China-US tariff truce extended, US inflation data in focus
In an executive order, the White House reiterated its position that there are "large and persistent annual US goods trade...
- Donald Trump's widely expected trade announcement avoids the reimposition of sky-high levies and allows officials from Washington and Beijing to continue talking into November
- the White House reiterated its position that there are "large and persistent annual US goods trade deficits" and they "constitute an unusual and extraordinary threat."
Geostrategy
Accumulating bitcoin a risky digital rush by companies?
London, United Kingdom - US President Donald Trump's media group and Tesla, the electric carmaker owned by tech billionaire Elon...
- Companies frequently own bitcoin to take part in sector activities such as "mining", which refers to the process of validating transactions in exchange for digital tokens
- Other players who had core operations totally unrelated to cryptocurrency, such as Japanese hotel business MetaPlanet, have switched to buying bitcoin
Geostrategy
US toughens terrorism ban of Pakistan separatist fighters
The United States on Monday toughened its terrorist designation of separatist militants in Pakistan's southwest Balochistan province who were behind...
- The State Department listed the Baloch Liberation Army (BLA) as a foreign terrorist organization, which makes it a crime in the United States to provide support to the group
- Washington had already listed the BLA under the less severe label of specially designated global terrorists, which targets financial resources
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
TSMC says started mass production of ‘most advanced’ 2nm chips
Taipei, Taiwan -- Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in...
Business
Company News
Latest News
No link between paracetamol and autism, major review finds
Paris, France -- There is no clear link between pregnant women taking the common painkiller paracetamol and autism in their...
Science
Amazon rainforest sets stage for toughest climate talks yet as world leaders gather for COP30
The United States, the world's largest economy and second-biggest emitter of greenhouse gases, is absent for the first time in...
Economy
Israel confirms remains returned are officer Goldin killed in 2014 Gaza war
Jerusalem, Undefined - Israel said the remains it received on Sunday from Hamas were those of Lieutenant Hadar Goldin, an...
Geostrategy
Most Read
Geostrategy
Ukraine scrambles for energy with power generation at ‘zero’
Kyiv, Ukraine -- Ukraine was scrambling to turn lights and heating back on Sunday after Russian attacks targeting energy infrastructure...
- launched hundreds of drones at energy facilities across the country overnight into Saturday.
- The attacks interrupted electricity, heat and water supplies in several cities, with state power firm Centerenergo warning generating capacity "is down to zero".
Economy
China’s consumer prices rose in Oct, reversing stagnation
Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
- The consumer price index, a key measure of inflation, rose 0.2 percent year-on-year last month, according to the National Bureau of Statistics (NBS).
- Consumer prices were stagnant in July followed by two months of decline.
Geostrategy
Tunisian opponents go on collective hunger strike to support jailed figure
Tunis, Tunisia - Prominent Tunisian opposition figures including Rached Ghannouchi said Friday they would go on hunger strike in solidarity...
- Jawhar Ben Mbarek, co-founder of the National Salvation Front, Tunisia's main opposition alliance, launched a hunger strike last week to protest his detention since February 2023
- In April, he was sentenced to 18 years behind bars on charges of "conspiracy against state security" and "belonging to a terrorist group" in a mass trial criticised by rights group