01-06-2025 WASHINGTON/ TEHRAN: The US has sent Iran a proposal for a nuclear deal between Tehran and Washington, the White House confirmed on Saturday. Iranian Foreign Minister Abbas Araghchi said he had been presented with “elements of a US deal” by his Omani counterpart Badr Albusaidi during a short visit …
Read More »‘India to exempt Saudi fund from foreign portfolio investment rules’
01-06-2025 Bureau Report NEW DELHI: India has agreed to exempt Saudi Arabia’s sovereign wealth fund from a set of foreign portfolio investment rules to attract capital flows and strengthen financial ties between the two nations, two sources said. The rules, which club investments through various sovereign entities together and cap …
Read More »Israel risks sanctions if Gaza blockade continues: Macron
01-06-2025 PARIS/ BERLIN: France could harden its position on Israel if it continues to block humanitarian aid to Gaza, French President Emmanuel Macron said on Friday, reiterating that Paris was committed to a two-state solution to resolve the Israel-Palestinian conflict. “The humanitarian blockade is creating a situation that is untenable …
Read More »‘Pakistan & India close to completing border troop reduction’
01-06-2025 SINGAPORE: Pakistan and India are close to reducing the troop buildup along their border to levels before conflict erupted between the nuclear-armed neighbors this month, a top Pakistani military official told on Friday, although he warned the crisis had increased the risk of escalation in the future. Both sides …
Read More »US to double tariffs on steel & aluminium imports to 50%
01-06-2025 WASHINGTON: President Donald Trump has announced the US will double its current tariff rate on steel and aluminium imports from 25% to 50%, starting on Wednesday. Speaking at a rally in Pittsburgh, Pennsylvania, Trump said the move would help boost the local steel industry and national supply, while decreasing …
Read More »‘North & South Korea are in an underground war’
01-06-2025 PYONGYANG/ SEOUL: The border between North and South Korea is swamped with layers of dense barbed-wire fencing and hundreds of guard posts but dotted among them is something even more unusual; giant, green camouflaged speakers. As I stood looking into the North one afternoon last month, one of the …
Read More »Floods kill at least 115 people after heavy rain in Nigeria
01-06-2025 ABUJA: At least 115 people have died in floods caused by torrential rain in central Nigeria, officials have told media. The downpours lasted for several hours, said the head of the Niger State Emergency Management Agency (Nsema), Abullahi Baba-Arah. He added that “surging flood water submerged and washed away …
Read More »Last hospital in Gaza governorate evacuated after Israeli order
01-06-2025 GAZA STRIP: The last hospital providing health services in the North Gaza governorate is out of service after the Israeli military ordered its immediate evacuation, the facility’s director has said. Dr Mohammed Salha told media that patients were evacuated from al-Awda hospital in Jabalia on Thursday evening after “two …
Read More »Cambodia PM urges calm after border clash with Thailand
31-05-2025 PHNOM PENH: Cambodia’s leader has called for calm in the country a day after a soldier was killed in a brief clash with troops from neighboring Thailand, in a disputed zone along the Thai-Cambodia border. In a written statement on Thursday, Prime Minister Hun Manet said people should not …
Read More »Hopeful of a good outcome soon in India-US trade talks
31-05-2025 Bureau Report NEW DELHI: Trade discussions between India and the United States are moving forward effectively, according to India’s chief negotiator, Rajesh Agrawal. His comments were made on Thursday, suggesting a positive outcome may be on the horizon. New Delhi is working towards finalizing a trade agreement with Washington. …
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