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IN THE NEWS

Stocks diverge with eyes on key economic data

Stocks diverge with eyes on key economic data

Stock markets diverged Tuesday as traders monitored key economic indicators, with US inflation data due later this week that could influence Federal Reserve policy.

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German business groups pressure Merz over ailing economy

German business groups pressure Merz over ailing economy

German business associations in talks with Chancellor Friedrich Merz stressed the "urgency" of steps to help the ailing economy, one group said Tuesday, with reports describing a stormy encounter.

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Drone flights 'most serious attack' on Danish infrastructure, PM says

Drone flights 'most serious attack' on Danish infrastructure, PM says

Large drones that flew over Copenhagen airport for hours and caused it to shut down constituted the "most serious attack on Danish critical infrastructure" to date, Prime Minister Mette Frederiksen said Tuesday.

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Indonesia, EU sign long-awaited trade deal

Indonesia, EU sign long-awaited trade deal

Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a senior minister said.

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Howe confident Newcastle will find 'X factor'

Howe confident Newcastle will find 'X factor'

Eddie Howe is confident that goal-shy Newcastle will discover their "X factor" as they adapt to life without star striker Alexander Isak.

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Trump returns to UN podium and Zelensky talks

Trump returns to UN podium and Zelensky talks

Donald Trump makes his big comeback to the UN General Assembly podium on Tuesday, where the US president intends to denounce "globalist institutions" and meet with Ukrainian President Volodymyr Zelensky as patience with Russia wears thin.

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Tech migrants 'key' for US growth, warns OECD chief economist

Tech migrants 'key' for US growth, warns OECD chief economist

High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry.

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East Timor to become ASEAN bloc's 11th member in October

East Timor to become ASEAN bloc's 11th member in October

East Timor is slated to become the 11th member of the ASEAN regional bloc in October, Malaysian Prime Minister Anwar Ibrahim said Tuesday during a visit to the Southeast Asian nation.

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Singapore firm rejects paying $1bn Sri Lankan pollution damages

Singapore firm rejects paying $1bn Sri Lankan pollution damages

A Singapore shipping company told AFP on Tuesday it will refuse to pay Sri Lankan court-ordered damages of US$1 billion for causing that country's worst case of environmental pollution.

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OECD ups world economic outlook as tariffs contained, for now

OECD ups world economic outlook as tariffs contained, for now

The world economy will grow more than previously forecast this year after absorbing the shock of US President Donald Trump's tariffs, but their full impact remains uncertain, the OECD said Tuesday.

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