Breaking News
  • US dollar holds near two-month high as rate hike expectations, Iran tensions drive markets
  • Zelenskiy warns Russia preparing new massive attack on Ukraine
  • West Asia conflict widens as fighting spreads across region, raising concerns over global security
  • NSE IPO attracts over $10 billion in bids as investor demand remains strong
  • Trump and Xi face tensions over AI, trade and Iran but seek stability
  • Trump’s UN meetings focus on Iran, Ukraine and global security
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ECONOMY

Dollar rises to two-month high as markets assess rate outlook and Iran tensions

The dollar index, which measures the US currency against a basket of six major currencies, stood at around 100.56 in early trading on Wednesday.

Technology

STL Networks to set up wholly owned subsidiary for AI data centre and hyperscale connectivity

As data centre campuses increase in scale and complexity, reliable connectivity between data centres, cloud platforms, enterprise networks and telecom infrastructure has become an important requirement.

Asia

UAE sanctions Bank Melli Iran and bars transactions with Iran

Central Bank of the United Arab Emirates has cited violations of UAE regulations and supervisory requirements.

World

US invites Putin to G20 meeting in December this year

The Kremlin has said that it is considering the invitation.

AUTOMOBILE

Mercedes Benz unveils MercedesAMG G63 Offroad PRO

The top end vehicle will be available in limited numbers.

TELECOM

India, Indonesia strengthen telecom cooperation with focus on 6G

Another key area of cooperation will be the development of disaster-resilient and emergency communication systems to help maintain connectivity during natural disasters and other emergencies.

Spotlight

Opinion

ASIA

UAE sanctions Bank Melli Iran and bars transactions with Iran

Central Bank of the United Arab Emirates has cited violations of UAE regulations and supervisory requirements.

West Asia conflict widens as fighting spreads across region, raising concerns over global security

The conflict has expanded beyond the immediate Iran-Israel theatre, with attacks and security threats reported across the Gulf and Red Sea regions.

Trump and Xi face tensions over AI, trade and Iran but seek stability

The outcome of the meetings will depend on any commitments announced by the two leaders and the implementation of agreements reached through subsequent negotiations.

India faces 100% tariff threat over Russian oil after US House vote

Russian oil has become an important source of crude for Indian refiners, with discounted supplies helping them manage input costs and maintain access to large volumes of crude.

Saudi Arabia intensifies strikes in Yemen as Houthi attacks escalate

The Houthis have denied responsibility for the alleged drone attack near the holy city.