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China and the Philippines have each blamed the other for a confrontation in the South China Sea that left a Philippine sailor injured. The incident has renewed tensions in the contested waterway.
Japanese Prime Minister Takaichi unveiled a new economic blueprint aimed at revitalising the country's economy. The plan includes fiscal stimulus measures and growth-focused policies.
West African nations have signed off on a $25 billion mega gas-pipeline project intended to connect the region to European markets. The plan aims to significantly expand the region's energy export capacity.
US President Donald Trump has imposed 50% tariffs on a range of Canadian goods, citing longstanding disputes over automotive-sector trade. Canadian Prime Minister Mark Carney called the move an escalation and vowed to intensify talks with Washington.
Beijing and Manila exchanged fresh accusations over a clash in the South China Sea, coming just as China's top diplomat is due to attend the ASEAN foreign ministers' meeting in the Philippines. The China Coast Guard said two rubber dinghies were launched "illegally" from the Philippine Navy's BRP Sierra Madre near Second Thomas Shoal.
Copper futures slipped on Monday as supply risks in Chile and Peru, combined with shifting Chinese demand, tested the metal's energy-transition narrative. Markets are closely watching production disruptions in the two countries.
The Trump White House is reportedly weighing a ban on Chinese AI models as the artificial intelligence supremacy race between Washington and Beijing intensifies. Chinese models perform many of the same tasks at a fraction of the cost of US alternatives, and their prospective public listings could dilute investor appetite for mega-IPOs like Anthropic and OpenAI.
New Zealand's government has moved to provide up to $60 million in financial support to keep a domestic cement plant running. Officials say that without the funding, the plant would likely have had to close.
Algeria and Germany agreed to deepen energy ties during President Abdelmadjid Tebboune's recent visit to Berlin, as Algiers positions itself as a bigger gas supplier to Europe. The push comes even as Algeria grapples with tensions over Western Sahara and instability in the Sahel.
Under new EU rules, large companies across the bloc can no longer dispose of unsold clothes, accessories and footwear. The regulation aims to reduce textile waste from the fashion industry.
Brazilian President Luiz Inácio Lula da Silva publicly called on Donald Trump to explain the reasoning behind a 25% tariff imposed on most Brazilian products. Brasília says the measure is driven by political rather than commercial motives.
New Zealand's opposition Labour and Greens parties say the government's Employment Leave Bill promotes insecure work and will leave thousands of workers worse off. The bill has reignited a broader debate over labor rights across the country.
Andy Burnham, the former mayor of Manchester, is set to become the United Kingdom's new prime minister on Monday. His move from regional government to the global stage raises questions about how he will approach foreign affairs.
House Democrats split almost evenly in a vote on whether to cut US military aid to Israel, a measure defeated through near-total Republican opposition. Coming ahead of November's midterm elections, the vote signals a sharp erosion in support for Israel among left-leaning voters after years of war in Gaza.
The deals include rebuilding the long-defunct Iraq-Syria crude oil pipeline, which could offer a route bypassing the Strait of Hormuz. The visit is part of Iraq's effort to deepen economic ties with the US amid heightened regional tensions.
As Iran tightens its grip on the Strait of Hormuz, the shockwave from Asia's energy panic is reshaping Latin America's strategic calculus overnight. From Guyana's oil output to Chile's lithium mines, the region is reassessing its role in global supply chains.
US Central Command says it continues to enforce a naval blockade against Iran, while Kuwait and Bahrain say they have intercepted more Iranian projectiles. The announcement caps another night of strikes amid growing disruption to Gulf shipping.
A tanker was hijacked off the coast of Yemen by suspected Somali pirates, marking the second such incident in three months. The region has also seen several unsuccessful attacks, suggesting piracy is making a comeback.
Chinese President Xi Jinping urged Thailand and Cambodia to resolve their border dispute after meeting both countries' leaders on the same day. The dispute escalated into the deadliest fighting between the neighbours in more than a decade last year.
Geopolitical disruptions, including the Iran war and rising tariffs, have begun redrawing global shipping routes. Industry watchers say the risks could push more carriers toward alternative hubs, including Singapore.
The UK government has confirmed sweeping reductions to its bilateral aid programme. Nine African countries are set to lose more than 80% of direct British assistance by 2029 as overseas development spending is cut from 0.5% to 0.3% of gross national income.
New Zealand Trade Minister Todd McClay announced that trade talks with Switzerland are set to begin, describing the country as "an important partner" and one of the world's most innovative and advanced economies.
Malaysia's economy grew an unexpected 5.8%, driven by domestic demand and semiconductor exports, making it one of Southeast Asia's fastest-growing economies. The figure beat analysts' forecasts.
President Donald Trump said the United States will add pollution costs to tariffs on Canada as smoke from wildfires spreads unhealthy air across New York, Chicago and Detroit. The haze has also raised concerns for the World Cup final in New Jersey this weekend.
China criticized new US visa rules targeting students and journalists as 'discriminatory' and said it reserves the right to take reciprocal countermeasures. The regulations, announced by the US Department of Homeland Security, have raised concern among Chinese students already studying or planning to study in the United States.
BlackRock, the world's largest asset manager, says the newly introduced annual reviews of the USMCA trade agreement will inject fresh uncertainty into investment decisions in Mexico. The firm still considers it unlikely that Mexico will lose its investment-grade sovereign credit rating.
A new CNBC All-America Economic Survey shows public sentiment about the US economy has sunk to its lowest point since the years immediately following the pandemic. Respondents increasingly point to President Trump's policies as a factor behind the souring mood.
A global trade expert predicts New Zealand will soon be hit with a 12.5% tariff on all of its exports to the United States. The expected increase could raise costs for New Zealand exporters across multiple sectors.
Papua New Guinea has announced it will close Taiwan's trade mission in the country, freezing out its fifth-largest trading partner in a strategic move aimed at reaffirming ties with China. The decision follows a treaty recently signed with Australia.
Canadian Ambassador to Argentina Stewart Wheeler confirmed that both countries are interested in revamping an agreement originally signed in 1992 to boost mining investment. The talks are part of Argentina's broader push to attract foreign capital into its mining sector.
Community groups and unions met in New Zealand to discuss a looming decision on a takeover bid for Lyttelton Port, which handles roughly NZ$7.5 billion worth of South Island exports each year. The port could come under the control of an Emirati state-owned port operator. A final decision on the bid is expected soon.
China condemned new US legislative efforts to restrict its access to advanced semiconductor chips and chipmaking equipment, warning the measures would cause "arbitrary disruption and damage" to global supply chains. The warning follows reports that three export-control bills targeting China could be folded into the annual US defense policy bill. The dispute adds to ongoing US-China tension over technology.
Argentina's ruling La Libertad Avanza bloc failed to secure enough Senate votes for a bill that would ease restrictions on foreign purchases of rural land, postponing the vote to avoid a defeat. The bloc plans to bring the bill back on August 6. The legislation is part of the government's broader push to attract foreign investment.
China's vice-foreign minister Ma Zhaoxu is expected to travel to the United States soon, in a visit being described as a 'temperature test' of the current state of bilateral relations. The talks could help pave the way for higher-level contacts involving President Xi Jinping.
Taiwan Semiconductor Manufacturing Company has announced a further $100 billion investment to expand its US production capacity. The pledge builds on the chipmaker's existing commitment to its Arizona facilities and aligns with Washington's push to boost domestic chip manufacturing.
The meeting brings together economies from Europe, Asia, the Middle East, Africa, Latin America and the Pacific. The Auckland gathering is being described as the most extensive trade meeting in two decades.
Weak domestic demand and the impact of the Iran war on oil prices overshadowed the country's strong exports. Growth came in notably below the government's stated target.
Ukrainian President Volodymyr Zelensky said his country deserves full European Union membership. The remarks put Ukraine's EU integration demands back in the spotlight.
The treaty between the European Union and the United Kingdom over Gibraltar entered provisional application in the early hours of Wednesday. The agreement, signed in Brussels, brought the dismantling of the fence that had separated the British territory from the Spanish municipality of La Línea de la Concepción since the early twentieth century.
Washington imposed a 25% tariff on most Brazilian goods after a Section 301 investigation concluded the country's trade practices were unfair. A separate forced-labor enforcement probe could add another 12.5% duty, with a decision due next week.
The Trump administration has threatened a 100% tariff on India if it continues purchasing Russian oil. The move risks straining trade and diplomatic relations between the two countries.