President Donald Trump has accused Iran of shooting down an advanced US military helicopter near the strategic Strait of Hormuz. While the US Central Command confirmed the crash and rescued the crew, they noted that the exact cause remains under investigation.
A major earthquake struck near the coastal area of General Santos City on Mindanao Island in the southern Philippines on Monday morning.
The price of a 14.2 kg domestic LPG cylinder in India has risen by INR 29, pushing the retail rate in Delhi to INR 942. Driven by surging international energy costs and massive under-recoveries by state-owned oil companies—who were losing nearly INR 703 per cylinder—this decision follows recent steep hikes in petrol, diesel, and CNG prices across the country.
As the Middle East conflict hits its 100-day mark, global financial markets are reacting with mixed resilience. While Artificial Intelligence infrastructure spending and strong US business metrics have propelled the S&P 500 to record highs, underlying threats remain severe. Sovereign bond yields continue to face inflationary strain, the Strait of Hormuz remains largely blocked, and global commodity prices have pushed US inflation to a three-year high of 3.8%, threatening long-term demand destruction if left unresolved.
The Trump administration is preparing plans for a proposed $250 commemorative bill that could feature US President Donald Trump’s portrait if Congress approves new legislation. Current US law prohibits living individuals from appearing on American currency, but Trump allies are seeking an exception as part of the country’s 250th anniversary celebrations.
Bank of Japan faces a fierce internal debate over raising its 0.75% benchmark interest rate amid a global energy crisis.
Donald Trump rejects rushing an Iran deal over midterm election pressure, warning Washington is ready for military alternatives.
The government opens executive recruitment for the top regulatory seat at the Nepal Insurance Authority, locking in strict master's degree requirements and senior managerial experience by Jestha 19.
A major sell-off hit the energy sector this Monday, sending crude prices down nearly 6% after President Donald Trump teased progress on peace talks with Iran.
The Trump administration has announced a major immigration overhaul, ending the ability for temporary visa holders to apply for green cards from within the U.S. and forcing them to return to their home countries to process permanent residency.
President Trump announced that a landmark peace deal with Iran is "largely negotiated," which includes plans to reopen the strategic Strait of Hormuz shipping route despite lingering caution from Tehran.
Over 500 children have died in Bangladesh following a catastrophic measles outbreak fueled by immunization gaps from recent political unrest. Hospitals in Dhaka face a severe shortage of ICU beds as an emergency vaccination drive races to reach millions of vulnerable infants.