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Finance & Trade

South Korea’s Exports Hit Record $709.4 Billion as AI Chip Demand Surges

Web Admin Sep 5, 2026 0
South Korea's exports have already reached $709.4 billion in 2026, surpassing the country's full-year record of $709.3 billion set last year. The surge has been driven primarily by extraordinary global demand for semiconductors used in…
Finance & Trade

Global Food Prices Hit Highest Level Since 2022 Amid Rising Supply Risks

Web Admin Sep 5, 2026 0
Global food prices climbed to their highest level since late 2022 in August, according to the UN Food and Agriculture Organization. Rising supply risks, adverse weather and disruptions linked to conflicts are putting additional pressure on…
Finance & Trade

Oil Prices Surge as US-Iran Tensions Raise Global Supply Concerns

Web Admin Sep 5, 2026 0
Oil prices recorded a sharp weekly increase as renewed U.S.-Iran tensions raised concerns about disruptions to global energy supplies. Brent crude rose to around $96 per barrel, with markets closely watching developments around Iran and the…
Finance & Trade

Wall Street Falls as Strong US Jobs Data Fuels September Rate-Hike Fears

Web Admin Sep 5, 2026 0
U.S. stocks ended lower on Friday after stronger-than-expected employment data increased expectations that the Federal Reserve could raise interest rates in September. Treasury yields and the dollar also moved higher following the jobs…
Finance & Trade

Pakistan Allocates Over $86 Million to Boost Exports and Support Businesses

Web Admin Sep 5, 2026 0
Pakistan has earmarked more than $86 million for an export support fund aimed at strengthening the country's export sector and helping businesses compete in international markets. The initiative comes as Islamabad seeks to increase…
International

Putin Meets Trump Envoys in Moscow as US Pushes to Revive Ukraine Peace Talks

Web Admin Sep 5, 2026 0
Russian President Vladimir Putin met U.S. special representatives Steve Witkoff and Jared Kushner in Moscow as Washington sought to revive stalled efforts to end the war in Ukraine. Putin described the situation in Ukraine as difficult…
International

US Strikes Three Iranian Oil Tankers as Tensions Escalate Around Strait of Hormuz

Web Admin Sep 5, 2026 0
U.S. forces have struck three Iranian oil tankers after Washington said Iranian forces targeted U.S. Navy warships with ballistic missiles. The Pentagon said the strikes destroyed one tanker and disabled two others, while reporting no U.S.…
International

US Ambassador Says Washington Has No Plan to Force Palestinians Out of Gaza

Web Admin Sep 5, 2026 0
U.S. Ambassador to Israel Mike Huckabee has said there is no U.S.-backed plan to force Palestinians to leave Gaza. His comments came after proposals by two Israeli ministers calling for the mass removal of Palestinians from the territory.…
International

Miracle Rescue in Nepal as Survivors Pulled From Flooded Tunnel After 10 Days

Web Admin Sep 5, 2026 0
Rescue teams in Nepal have pulled additional survivors from tunnels and debris more than a week after catastrophic flooding devastated parts of the Himalayan region. A Chinese national was rescued alive from a 225-metre tunnel at the Upper…
International

Two Greek Pilots Killed After F-4 Fighter Jet Crashes During Air Show Near Athens

Web Admin Sep 5, 2026 0
Two Greek military pilots were killed when an F-4 Phantom fighter jet crashed during an air show near Athens on Saturday. The aircraft went down roughly two kilometres from Tanagra air base shortly after takeoff. Officials said there were…
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