Category: Specialized & Regional
Specialized & Regional Networks
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Oil rises $2 as Iran announces closure of Strait of Hormuz following US strikes
June 11 : Oil prices climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran.Brent futures rose $2.30, or 2.47 per cent, to $95.40 a barrel, while U.S. West Texas Intermediate (WTI) crude climb
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Japan business mood sours in April-June as Middle East war hits
TOKYO, June 11 : Japanese business sentiment soured in April-June for the first time in four quarters, a government survey showed on Thursday, a sign of growing economic pain from the Middle East conflict.An index measuring big companies’ sentiment fell to -0.5 per cent point in the second quarter following a
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Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows
Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran.
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Inside India newsletter: Hollywood is debating AI. India’s filmmakers are embracing it
Even as Hollywood remains the world’s most influential storyteller, experiments in AI filmmaking are increasingly happening in India.
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Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend
Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia from Singapore.
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Oracle’s AI spending blows past estimates, raising worries over growing debt
June 10 : Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the staggering scale of cash burn needed to build out its AI infrastructure.Its shares fell 8.9 per cent in extended t
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Meet the CEO of Section L, the apartment-hotel brand that’s rethinking extended stays in Japan
Tested by fire through the COVID-19 pandemic, Section L is all about breezy extended stays that feel like home, enhanced by efficient technology.
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South Korea presses EU for fair treatment on new steel import duties
SEOUL, June 11 : South Korean President Lee Jae Myung asked the European Union to give Korean steel makers “favorable consideration” as the bloc gets set to raise import tariffs on July 1, his office said on Thursday. Lee made the request during a summit with European Council President Antonio Costa and Europ
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Ljubicic to replace Baumgartner in Austria’s World Cup squad
June 11 : Austria coach Ralf Rangnick has called up Dejan Ljubicic as a late replacement for Christoph Baumgartner, the Austrian Football Association said on Wednesday.Baumgartner was ruled out of the tournament after sustaining a thigh injury before a 1-0 friendly win over Tunisia this month.Rangnick
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FIFA and players’ union FIFPRO announce cooperation agreement
June 10 : FIFA and global players’ union FIFPRO announced on Wednesday a cooperation agreement that grants players a formal role in governance and sets up a framework for negotiating changes to the transfer system, player welfare rules and rest periods.The deal, which runs until December 2031, formally recogn
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