A coordinated push towards global market diversification is urgently needed to shield savers from a potentially dangerous valuation correction in highly concentrated US equities, a former World Bank official has warned. Speaking at an event in Hong Kong on Thursday, Ian Goldin, the former World Bank vice-president, now a professor of globalisation and development at Oxford University, said the growing concentration of capital in a handful of highly valued US technology companies had left...

A senior Hong Kong police officer has been convicted of indecently assaulting a subordinate on three occasions at the force’s headquarters in Wan Chai, with one of the incidents taking place at a work party in full view of several colleagues. Senior Superintendent Ian Chow Ngai-kong, 51, was found guilty by West Kowloon Court Magistrate Vivian Ho Wai-han on Thursday, after she dismissed the defendant’s testimony and ruled that his attempt to characterise their interactions as an affair was...

China is developing an early warning system to spot asteroids that might smash into the Earth, according to the scientist leading the national mission. China planned to deploy multiple telescopes on the ground, alongside a constellation of satellites in orbit, state-run Science and Technology Daily quoted Li Mingtao, chief scientist at the asteroid monitoring and early-warning research centre under the China National Space Administration, as saying. None of the asteroids that had been discovered...

Mr. Zelenskyy has not named a successor in a host of changes that have also seen the Prime Minister removed

The capital will be used to accelerate SwitchOn's international expansion, strengthen R&D, and expand sales and go-to-market capabilities across key manufacturing sectors worldwide.

Paytm's continued increase in domestic ownership comes on the back of the company materially strengthening its operating performance.

Microsoft is instructing its sales teams to highlight its comprehensive AI platform. The company argues rival products from OpenAI and Anthropic are more limited. Microsoft executives claim their offerings provide lower costs and stronger security. They also state their platform helps businesses build and deploy AI applications. Microsoft CEO Satya Nadella noted AI cost management will be a key customer concern.

Angel One's total income rose 25.4% to Rs 1,434 crore during the April-June quarter of FY27 from Rs 1,143 crore a year ago.

The Retirement Fund Incorporated’s (KWAP) US$47.7 million investment in Indonesian agritech start-up eFishery was the victim of an orchestrated fraud, Malaysia’s finance ministry has confirmed. In a parliamentary written reply dated July 15, the ministry explained that KWAP’s July 2023 investment followed a robust evaluation and governance process. This included internal assessments, independent due diligence and the verification of financial statements by certified international auditors. KWAP...

In India, verbal rental agreements often lead to misunderstandings, as they lack essential written terms and legal safeguards. This scenario exposes tenants to unpredictable rent increases and abrupt evictions. The absence of documentation complicates security deposits, and property repairs frequently result in disputes. To protect both parties, written contracts are now a requirement under the Model Tenancy Act in states that have adopted it.

Arrival of outgoing British leader in Ukraine comes as Zelenskyy faces outrage after removing popular defence minister

and Artem Mazhulin
in Kyiv

Fedorov’s six months in office coincided with a dramatic improvement in Ukraine’s position on the battlefield. Kyiv has repeatedly hit Russian oil refineries with long-range drones, embarrassing Vladimir Putin and creating nationwide fuel shortages.

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Iran reports explosions in several cities including capital while US military says it also hit and disabled tanker in strait of Hormuz

• US attacks oil tanker in strait of Hormuz as strikes reported in Tehran

Iran has warned it would retaliate if its infrastructure is attacked, after Trump threatened that the US military could target Iranian bridges.

In a statement carried by state media, Ebrahim Zolfaghari, a spokesperson for the Iranian military’s Khatam al-Anbiya central headquarters, said “all infrastructure in the region will be crushed”.

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Explosions were heard across Iran overnight, shortly after neighbouring Gulf states began to report attacks.

A consumer court ordered Maruti Suzuki to replace a Grand Vitara with an E20-compatible model. The complainant alleged technical issues after E20 petrol became available. The court found the manufacturer and dealer guilty of deficiency in service. Maruti Suzuki must replace the SUV or pay its full value. The company also faces a compensation payment for mental agony.

A 32-year-old man allegedly shot his father dead after a heated argument. The dispute began when the father confronted his son for returning home drunk. A land dispute was also ongoing between the father and his elder son. The son then fired multiple bullets at his father, killing him instantly. Police have registered a murder case and are searching for the accused.

Many endangered species now live in the area that once formed the border between East and West Germany. Environment Minister Carsten Schneider recently visited the "Green Belt," and DW went along for the ride.

Rise in GDP follows a 0.1% decline in April, figures from the Office for National Statistics show

The UK economy returned to growth in May, despite the impact of the Iran war on energy costs, official figures show.

The Office for National Statistics said GDP rose 0.1% in May, in line with economists’ forecasts, after a 0.1% decline in April.

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"No that is very bad. 9th standard is stressful. Why do you introduce a new language in 9th? You introduce it in 6th. When we were there in our school we had both ICSE and SSLC. We were taught both syllabus. Only at the end of 9th standard we had to select," Justice BV Nagarathna, who was hearing plea challenging Madras high court direction to establish Jawahar Navodaya Vidyalayas in each district, said according to Live Law.

Turkmenistan's "door to hell" crater, a fiery landmark for decades, is significantly weakening. Authorities are actively reducing the natural gas flow feeding the persistent flames. This fiery spectacle, once a major tourist draw, is now an environmental concern. Scientists continue monitoring methane emissions from the site for climate research. The crater's future as a burning inferno appears uncertain.

Scunthorpe factory is expropriated from China’s Jingye and ministers will ask a valuer to assess compensation

British Steel has formally been taken into public ownership 15 months after the government stepped in to prevent the closure of its steelworks in Scunthorpe and the loss of 4,000 jobs.

Keir Starmer on Thursday said that it was in the national interest for the government to take over the factory from its Chinese owner, Jingye, in one of the last significant actions overseen by him as prime minister after the Steel Industry (Nationalisation) Act received Royal Assent on Wednesday.

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Vessels believed to have departed from Myanmar in late June, with mostly Muslim Rohingya minority onboard

The United Nations has said more than 500 people are feared dead after reports of two large shipwrecks off Myanmar since late June.

The UN’s International Organization for Migration (IOM) and its refugee agency UNHCR voiced alarm in a joint statement at reports “that two boats carrying more than 500 people may have capsized off the coast of Myanmar in recent days”.

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Dena Karari’s attorney said what drew Tehran authorities to Ms. Karari was her operation of the non-profit Children of Mehr Foundation, which helped impoverished children in Iran through private donations.

The order exempts some goods that are not produced in the U.S. or that officials worry would disrupt supply chains

Calling the AI Impact Summit in New Delhi a success, she congratulated India for hosting the event

Russians have long pulled the strings when it comes to the governing body of international chess. But now two Germans are vying for FIDE's top job.

India will soon launch its first hydrogen fuel cell train on Friday. Prime Minister Narendra Modi will flag off the train in Haryana. This train generates its own electricity onboard using hydrogen fuel. The project establishes India's first integrated hydrogen railway ecosystem. This initiative marks a significant step towards cleaner transport solutions.

UN agencies say more than 500 people are feared dead after reports that two boats carrying members of Myanmar’s persecuted Rohingya minority have capsized in the Bay of Bengal

Sean Combs sold a Miami mansion for fifty-five million dollars. This waterfront property was previously offered as bail collateral. Homeland Security agents had searched the estate during an investigation. Combs was convicted on two counts and sentenced to prison. He is currently serving his sentence while his appeal is pending.

Woman in her 60s was riding on popular cycling trail in northern NSW when she ran over the two-metre-long eastern brown snake, one of the world’s most venomous

A woman in her 60s is recovering after being bitten by a two-metre-long eastern brown snake that had become entangled in her bike chain in regional Australia.

She was riding on the northern rivers rail trail near Burringbar, in the Tweed shire in northern New South Wales, when she ran over the snake.

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A large billboard showing Donald Trump in a coffin appeared in Tehran's Enghelab Square. This display coincided with renewed military strikes between the United States and Iran. US forces conducted strikes targeting Iranian command centers and air defense systems. Iranian authorities reported a missile strike near a cancer hospital in Ahvaz. Damage was also reported at an industrial facility in Qeshm following an enemy attack.

The United States has greenlit a major arms transaction with Saudi Arabia, encompassing the sale of twenty thousand precision-guided rockets focused on air defense. This acquisition aims to bolster Saudi Arabia's operational capacity against ground and aerial threats, responding to security concerns raised by recent regional conflicts. Furthermore, the sale equips Saudi forces to effectively counter the increasing challenges posed by drone warfare.

A Hongkonger has died in a traffic accident in New Zealand, marking at least the second fatal crash involving city residents in the country this year. The Chinese consulate in Christchurch said on Thursday that the resident died in a “serious traffic accident” a day earlier along Crown Range Road near Queenstown. “Our consulate is deeply saddened by the loss and has activated its emergency response mechanism immediately,” it said. “We extend our deepest condolences to the family of the victim...

Metastable Materials believes India's growing battery waste isn’t really waste. The Bengaluru startup extracts lithium, cobalt, nickel, copper and aluminium from spent batteries and sells them as refined commodity metals.

The UN has reported that two vessels carrying Rohingya refugees set off in hazardous conditions and are believed to have capsized. In recent years, thousands of Rohingya have attempted dangerous sea crossings.

Iran retaliates with missile and drone attacks on Bahrain, Jordan and Kuwait, authorities in those countries home to U.S. forces said

Hong Kong authorities plan to invite ride-hailing platforms to apply for operator licences as early as next month and will begin approving them in batches from the end of November, the city’s transport minister has said. Secretary for Transport and Logistics Mable Chan laid down the timeline on Thursday as lawmakers completed the negative vetting process to approve the subsidiary legislation for the ride-hailing regulatory regime. “In August, we will invite ride-hailing platform companies to...

Riddhi Chauhan, a 17-year-old Indian-American student from Queens, has secured admission to the Naval Academy Preparatory School, taking a step towards becoming a commissioned US Navy officer. As the Battalion Commanding Officer of her school’s NJROTC unit, she leads nearly 300 cadets through drills, training and mentoring activities before classes begin. Her journey includes multiple leadership roles, academic achievements and the development of her unit’s first SeaPerch underwater robot.

This article was first published on July 17, 1986. Cafe de Coral the live wire in quiet market by John Mulcahy Fast-food counter Cafe de Coral hit the boards yesterday (July 16, 1986), trading up to $1.35 and recording the biggest volume of the day. Although 16.6 million Cafe de Coral shares traded, at a total value of $22.08 million, this was about all the excitement the market could muster, as it took a breather after some hectic activity on Monday and Tuesday. Another talking point was Yeo...

Other booksellers have been detained in recent months as part of a broad national security crackdown.