Asian Markets Hit Record Highs on AI Optimism and Iran Peace Hopes
TOKYO — Asian stock markets surged to record highs on Tuesday, fueled by renewed investor enthusiasm for artificial intelligence and growing optimism surrounding a potential peace agreement in Iran. ...
Families of Minab School Students Arrive in Karbala for Shrine Visit
KARBALA, Iraq — Families of students killed in the Minab school incident arrived in the Iraqi city of Karbala on Monday to visit the holy shrine of Imam Hussein (AS). The group traveled from Iran to p...
Iren Acquires Mirantis to Pivot Toward AI Infrastructure
NEW YORK — Iren (IREN) announced Monday the acquisition of Mirantis, a move designed to significantly expand its artificial intelligence cloud capabilities and strengthen its position in deploying con...
UK Chancellor, US Treasury Secretary Clash Over Iran Strategy at IMF Meeting
WASHINGTON — A sharp diplomatic rift emerged between the United States and the United Kingdom on Monday as Treasury Secretary Scott Bessent and UK Chancellor of the Exchequer Rachel Reeves engaged in ...
UAE restricts air traffic, activates emergency security measures
ABU DHABI, United Arab Emirates (May 5, 2026) — The United Arab Emirates has significantly restricted air traffic within its airspace, limiting operations to a small number of authorized routes until ...
Britain sanctions 35 targets linked to migrant recruitment for Russia's war effort
LONDON — The United Kingdom announced sanctions Monday against 35 individuals and organizations involved in recruiting vulnerable migrants to fight in Russia's war against Ukraine and to manufacture m...
Investigative Journalist Julie K. Brown Wins Special Pulitzer Citation for Epstein Reporting
NEW YORK — Investigative journalist Julie K. Brown received a special Pulitzer citation on Tuesday for her groundbreaking reporting on financier Jeffrey Epstein, work that exposed a controversial 2008...
Israeli PM Netanyahu Seeks Postponement of Court Hearing
JERUSALEM — Israeli Prime Minister Benjamin Netanyahu requested a postponement of his upcoming court hearing on Monday, citing urgent political and security consultations required amid ongoing regiona...
Ukraine Strikes Russian Military Facility in Cheboksary with Long-Range Missiles
KYIV — President Volodymyr Zelenskyy confirmed Monday that Ukrainian forces launched Flamingo long-range missiles overnight, striking military-industrial targets deep inside Russian territory, includi...
Cyber Fraud Surge Hits Batangas Tourism Sector
MANILA (May 6, 2026) — A wave of cyber fraud targeting resort bookings has inflicted financial losses exceeding P5.6 million on travelers in the Philippine province of Batangas, authorities announced ...
Saudi Arabia's Fiscal Deficit Widens to 125.7 Billion Riyals in Q1 Amid Spending Surge
RIYADH (Reuters) — Saudi Arabia's fiscal deficit expanded to 125.7 billion riyals in the first quarter of 2026, driven by a 20% surge in government spending even as oil revenues declined by 3%. The Ki...
Gaza Health Ministry Reports Casualty Figures Following Ceasefire
GAZA CITY — The Gaza Ministry of Health reported updated casualty statistics for the past 24 hours and since the ceasefire began on October 11, providing the latest data on the humanitarian situation ...
Fire Extinguished on Korean Ship in Strait of Hormuz; All Crew Safe
SEOUL — A fire aboard a South Korean vessel in the Strait of Hormuz has been extinguished, and all 24 crew members are safe, officials confirmed Monday. The incident occurred early Monday morning in ...
IRGC Commander Warns U.S. of Severe Repercussions Amid Escalating Tensions
TEHRAN, Iran (AP) — A senior commander of Iran's Islamic Revolutionary Guard Corps has warned that the United States will face severe repercussions if it escalates tensions, asserting that American mi...
IDF Widens Access Routes in Southern Lebanon Amid Hezbollah Drone Attack Claims
BEIRUT — Israeli Defense Forces deployed heavy engineering equipment on Tuesday to expand access routes in southern Lebanon, intensifying operations near the border as Hezbollah claimed to have target...
Russian Strike Hits Central Chernihiv, Police Release Aftermath Images
CHERNIHIV, Ukraine — Russian forces struck central Chernihiv early Monday, leaving significant damage to infrastructure and buildings in the historic city center, Ukrainian police said. The attack oc...
44,000 Gazans Depart for Third Countries via Land Crossings
GAZA STRIP — Approximately 44,000 Palestinians from the Gaza Strip have departed for third countries via land crossings, the Coordinator of Government Activities in the Territories announced on Monday...
DuPont Shares Surge on Earnings Beat, Raised Guidance Amid Iran Conflict
WILMINGTON, Del. (AP) — DuPont shares climbed more than 9% in Monday trading after the chemical giant reported quarterly earnings that surpassed analyst expectations and raised its full-year outlook, ...
UK Markets Shift Focus to Fundamentals Amid Inflation and Rate Concerns
LONDON (AP) — The FTSE 100 is undergoing a significant shift toward an earnings-driven regime as investors increasingly prioritize near-term cash flows and balance sheet quality over long-term growth ...
Berkshire Hathaway Cash Pile Nears $400 Billion Amid Market Caution
OMAHA, Neb. (AP) — Berkshire Hathaway Inc. has amassed a cash reserve approaching $400 billion as the conglomerate adopts a conservative investment stance and trims major equity holdings in response t...
Mexican Navy helicopter crashes in Sinaloa following engine failure
MAZATLAN, Mexico — A Mexican Naval Aviation Mi-17 helicopter crashed shortly after takeoff early Monday at the Fourth Naval Base in Mazatlán, Sinaloa, following an engine failure, authorities confirme...
Iranians Gather for 65th Night of National Anthem Singing in Tehran
TEHRAN, Iran — Iranians gathered in Tehran’s Enghelab Square for the 65th consecutive night on Monday to sing the national anthem, “Ey Iran,” in a sustained display of national unity and patriotism. ...
IRGC Navy Stages Over 85 Fast Attack Craft in Strait of Hormuz
TEHRAN — More than 85 fast attack craft belonging to the Islamic Revolutionary Guard Corps Navy have been identified in the waters of the Strait of Hormuz, positioned just south of Qeshm Island. The v...
US Air Force Deploys Nine Refueling Aircraft Near Israel, Strait of Hormuz
JERUSALEM (AP) — The United States Air Force has deployed nine refueling aircraft to strategic locations across the Middle East, with operations underway over Israel, Jordan, and the Strait of Hormuz....
Iranian Defense Official Warns of High Costs for US and Israel Hostile Moves
TEHRAN, Iran — A senior Iranian defense official warned Monday that any hostile actions by the United States and Israel against Iran would incur costs exceeding the tolerance thresholds of both nation...
Iranian Foreign Minister Warns U.S. Against Regional Conflict
TEHRAN, Iran (May 4, 2026) — Iranian Foreign Minister Abbas Araghchi issued a stern warning to the United States on Monday, cautioning Washington against being drawn into a regional conflict by extern...
Micron Shares Rise on IDC Forecast of Stabilized Memory Market
SAN FRANCISCO — Micron Technology Inc. shares climbed on Monday following a new industry analysis suggesting the global memory market may finally break free from its historical pattern of dramatic boo...
Ukrainian Artillery Unit Strikes Multiple Targets in Vovchansk Direction
VOVCHANSK DIRECTION, Ukraine — An artillery reconnaissance battery designated 'ARES' conducted counter-battery operations in the Vovchansk direction on Monday, striking multiple enemy targets includin...
Majority of Russians Want Western Companies to Return, Survey Finds
MOSCOW — A majority of Russians want Western companies to return to the country, according to a survey released Monday by the Group 7/89 research company. The poll found that 56% of respondents expres...
Italy Opens Investigation Into Detention of Nationals by Israel
ROME — Italy has launched a formal investigation into the detention of Italian nationals by Israeli forces following the interception of the Global Sumud Flotilla in international waters off the coast...