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Business

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US: China lags in AI chips, but catching up fast
Huawei can make 200,000 AI chips in 2025, US says

WASHINGTON, D.C.: The U.S. government estimates that Huawei will only be able to manufacture up to 200,000 advanced AI chips next year—well...

Chime soars in debut, giving fintech sector a much-needed boost
Chime IPO pops 59%, valuing digital bank at $18.4 billion

SAN FRANCISCO, California: After months of muted IPO activity in the fintech world, digital bank Chime Financial reignited investor...

Switch 2 breaks Nintendo record with 3.5M units sold in 4 days
Nintendo Switch 2 becomes fastest-selling console ever

TOKYO, Japan: Nintendo's latest console is off to a roaring start. The company says it has sold over 3.5 million units of the newly...

U.S.-China trade progress lifts oil prices to multi-week peak
Oil hits 7-week high on U.S.-China deal and easing inflation

LONDON, UK: Crude prices surged this week as investors welcomed fresh signs of progress in U.S.-China relations, lifting hopes of reduced...

Debt fears drive fund outflows from US, inflows to Europe
Investors shift billions from US stocks to Europe, Asia

NEW YORK CITY, New York: Investor confidence in U.S. markets is showing signs of strain as global funds redirect billions toward Europe...

Japan celebrates new sumo grand champion
Onosato becomes first Japanese sumo yokozuna Since 2017

TOKYO, Japan: Japan has a new top sumo wrestler — and he's Japanese. Onosato, who weighs 191 kilograms (421 pounds), has become a yokozuna,...

Middle East

Section
U.S.-China trade progress lifts oil prices to multi-week peak
Oil hits 7-week high on U.S.-China deal and easing inflation

LONDON, UK: Crude prices surged this week as investors welcomed fresh signs of progress in U.S.-China relations, lifting hopes of reduced...

UN nuclear authority 'deeply concerned' about attacks on Iran's nuclear plants
International Atomic Energy Agency slams attacks on nuclear facilities

NEW YORK, New York - The head of the International Atomic Energy Agency (IAEA) says it is deeply concerning that Israel is carrying...

Sirens sound across Israel as Iran launches drones and missiles
Iran fights back after Israeli attacks, explosions heard in Tel Aviv

TEL AVIV, Israel - Israel has suffered casualties as Iran fights back from the Jewish state's unprecedented unilateral attacks which...

Scores of Israeli planes swarm over Iran in surprise invasion
Explosions in Tehran as Israel invades Iran

WEST JERUSALEM, Israel - The Israel Air Force has launched a pre-emptive Pearl Harbour style air raid over Iran, dropping bombs over...

Iran missile strikes kill 8 in Israel as conflict enters fourth day
Iran missile strikes kill 8 in Israel as conflict enters fourth day

JERUSALEM, June 16 (Xinhua) -- Iran launched a new pre-dawn missile attack on Israel on Monday, killing at least eight people and wounding...

US aerial tankers headed to Middle East - media
US aerial tankers headed to Middle East - media

The reported deployment has driven speculation that the US is directly involved in the Israel-Iran war The US has reportedly deployed...

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