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IN THE NEWS

New UK PM Burnham announces tax cut after cabinet shakeup

New UK PM Burnham announces tax cut after cabinet shakeup

New UK Prime Minister Andy Burnham announced a tax cut to ease cost-of-living pressures as he was set to convene his first cabinet meeting on Tuesday.

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Novartis says buoyed by new treatments in second quarter

Novartis says buoyed by new treatments in second quarter

Swiss pharmaceuticals giant Novartis said Tuesday that group sales exceeded expectations in the second quarter of 2026, on the back of a range of new products.

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China summons Philippine ambassador over clash in disputed waters

China summons Philippine ambassador over clash in disputed waters

China summoned the Philippine ambassador on Tuesday following a clash at a disputed shoal in the South China Sea, which sparked condemnation of Beijing by Manila's allies.

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Great Barrier Reef at risk of 'collapse', scientists warn

Great Barrier Reef at risk of 'collapse', scientists warn

Australia's Great Barrier Reef is at a very high risk of extreme and widespread bleaching and "ecosystem collapse" linked to this year's El Nino weather phenomenon, top scientists warned Tuesday.

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Panama, China renew maritime port agreement

Panama, China renew maritime port agreement

Panama announced on Monday an agreement with China to renew a maritime shipping treaty that grants advantages to Panamanian ships in Chinese ports.

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India's 'Cockroach' movement vows to protest until education minister resigns

India's 'Cockroach' movement vows to protest until education minister resigns

India's "Cockroach" party movement vowed Tuesday to press ahead with their campaign until the education minister resigns, a day after at least 180 people were injured in protests in New Delhi.

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De Gaulle returns to unite the French -- at the cinema

De Gaulle returns to unite the French -- at the cinema

A two-part biopic of French leader Charles de Gaulle has become a summer cinema hit in his homeland, delivering a strong dose of patriotism through one of the rare figures to unite the country.

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South Korea president urges regulator action on leveraged stock funds

South Korea president urges regulator action on leveraged stock funds

South Korea's president urged financial watchdogs to take "necessary measures" over new highly speculative investment products tied to the fortunes of the nation's AI chipmakers after share price declines left investors nursing losses.

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North Korea reaffirms support for Moscow over Ukraine

North Korea reaffirms support for Moscow over Ukraine

North Korea reaffirmed its support for Russia's war on Ukraine as the nations' foreign ministers met in Moscow, Pyongyang's state media reported Tuesday, increasing speculation Kim Jong Un may soon visit the Kremlin.

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Iran targets US military assets as Houthis threaten to expand Mideast war

Iran targets US military assets as Houthis threaten to expand Mideast war

Iran targeted US radar and air defence installations in the Gulf on Tuesday, warning Washington of "more decisive and powerful" attacks to come as the conflict threatened to widen with a blockade of Saudi ports by Houthi rebels in Yemen.

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