INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Iran Guards seize foreign-crewed oil tanker in Gulf: state media

Iran's Revolutionary Guards on Wednesday seized an oil tanker in the Gulf carrying more than a dozen foreign crew members,...
  • Iranian forces regularly announce the interception of ships it says are illegally transporting fuel in the Gulf
  • They regularly target tankers that Tehran accuses of being part of the illicit trade in the Strait of Hormuz

Israel to invest $110 billion over the next decade to develop its own independent arms industry

Prime Minister Benjamin Netanyahu said Wednesday that Israel would invest $110 billion over the next decade to develop its own...
  • In a controversial speech, Netanyahu said Israel was becoming increasingly isolated and had to adopt a "super-Sparta" approach
  • In 2026, Israel will allocate about 16 percent of its public budget to defence -- around $35 billion out of an overall budget of $208 billion

Libyans united in grief for army chief killed in plane crash

General Mohammed al-Haddad and his four aides died on Tuesday after a visit to Ankara, with Turkish officials saying an...
  • "It will be hard to find a man of his calibre," Nasreddine al-Maghribi told AFP at a cafe in Libyan capital Tripoli.
  • Until a successor is selected, Haddad's deputy, General Salaheddine al-Namroush, will stand in for him, according to the presidential council.

Why metal prices are soaring to record highs

London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...
  • Gold has climbed more than 70 percent this year and passed $4,500 an ounce for the first time on Wednesday.
  • A weak dollar is also boosting industrial metals, since commodities priced in dollars become cheaper for buyers when the currency falls.

Palestinian Authority says Israel tightening control over West Bank with new settlements

The Palestinian Authority condemned on Tuesday Israel's recent approval of 19 settlements in the occupied West Bank, accusing it of...
  • On Sunday, Israel's far-right Finance Minister Bezalel Smotrich announced the authorities had greenlit the settlements
  • The latest move brings the total number of settlements approved over the past three years to 69, Smotrich's office said

“New Suez Canal on rails”: Egypt high-speed trains to connect Red Sea, Mediterranean

Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the...
  • The Green Line, as it is known, is the latest of a long list of megaprojects undertaken by El-Sisi's government in the past decade
  • The Green Line will run across the country's north, from Ain Sokhna on the Red Sea to Marsa Matrouh on the Mediterranean

Gazans fear renewed displacement after Israeli strikes

Residents say the strikes have targeted neighborhoods east of the so-called Yellow Line -- a demarcation established under the truce...
  • Earlier this month, Israeli army chief Lieutenant General Eyal Zamir described the Yellow Line as the "new border line" with Israel.
  • For Palestinian officials, the line is seen as a tool for permanent displacement.

Kuwait signs $4.1 billion deal with China to build port

Kuwait City, Kuwait -- Kuwait has signed a deal worth $4.1 billion with China to complete the construction of a...
  • Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah project would "enhance Kuwait's share in the regional and international trade and global supply chain".
  • Chinese acting charge d'affaires Liu Xiang said the deal "constitutes participation in the 'belt and road' initiative".

Ex-Israeli PM accuses Netanyahu of ‘treason’ over alleged Qatar funding to his aides

Former Israeli premier Naftali Bennett, widely regarded as a leading contender in next year's legislative elections, called on Monday for...
  • Bennet's remarks followed a report which purportedly revealed conversations between Netanyahu's advisers in connection with the case
  • In April 2025, Netanyahu declared that Qatar was "not an enemy" of Israel, defending his two advisers who had been taken into custody

Tech stocks lead Wall Street higher, gold hits fresh record

Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
  • Gold, which benefits from expectations of lower US interest rates, hit a fresh record of $4,442.19, while silver also struck a new peak.
  • The precious metals, which are go-to assets in times of crisis, also benefited from geopolitical worries as Washington steps up its oil blockade against Venezuela.

Trump threatens European nations with tariffs over Greenland

Trump aimed his ire at Denmark, a fellow NATO member, as well as several European countries that have deployed troops...

Latest News

Saudi strikes Yemen after separatist leader skips talks

A Saudi-led coalition struck the home province of Yemen's UAE-backed separatist leader on Wednesday, after he failed to show up...

US energy secretary says will control Venezuelan oil sales ‘indefinitely’

US Energy Secretary Chris Wright said Wednesday that Washington will control sales of Venezuelan oil "indefinitely," a day after President...

Yemen separatists set for Riyadh talks after fighting: official

The leader of Yemen's separatists is heading to Riyadh on Tuesday for talks, a Yemeni official told AFP, after days...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Oil prices gain, as equities extend record run higher

Oil prices have experienced choppy trading since the surprise US raid Saturday on Caracas that saw Venezuelan president Nicolas Maduro...
  • Brushing off geopolitical concerns, some major stock markets have begun the new year with new all-time highs, having smashed records in 2025.
  • Seoul rose more than one percent Tuesday to top 4,500 points for the first time, helped by another strong rally in chip giant SK hynix.

US operation in Venezuela undermined international law: UN

"States must not threaten or use force against the territorial integrity or political independence of any state," Ravina Shamdasani, spokeswoman...
  • Shamdasani said the UN rights office had spent years reporting on the "continued deterioration" in Venezuela.
  • But she dismissed US justifications for its actions, saying accountability for rights violations "can't be achieved by military intervention in violation of international law".

Venezuela’s interim leader names commission to handle Maduro’s release

Venezuela's interim president Delcy Rodriguez on Sunday created a commission to seek the release of president Nicolas Maduro and his...
  • Rodriguez tapped her brother Jorge, president of the National Assembly, and Foreign Minister Yvan Gil to co-chair the commission
  • Accused of drug trafficking and terrorism, Maduro was detained in a New York jail Saturday and is due in court Monday