Author: Editor-In-Chief

More than 500 people fleeing violence in Myanmar are feared dead after two boats went missing in rough weather off the coast of Myanmar, two United Nations migration agencies said. The ships left Myanmar’s western Rakhine state in late June and were carrying mainly Rohingya passengers, according to a joint statement released Thursday by the International Organization for Migration and the United Nations Refugee Agency. One boat carrying 250 people lost contact shortly after departure, and another boat carrying about 280 passengers is believed to have sunk off Myanmar’s Ayeyarwaddy coast on July 8, the statement said. The Rohingya are…

Seoul, South Korea – 2025/05/07: An overview of the Bank of Korea head office in central Seoul. The Bank of Korea (BOK) is the central bank of South Korea and the institution that issues the Korean won. Established in Seoul on June 12, 1950. (Photo provided by: Kim Jae-hwan/SOPA Images/LightRocket, Getty Images)Sopa Images | Light Rocket | Getty ImagesSouth Korea’s central bank raised its benchmark policy interest rate on Thursday, the first increase since January 2023, as South Korea’s inflation rate gradually rises. The Bank of Korea’s 25 basis point rate hike to 2.75% was in line with the median…

Ukrainian President Volodymyr Zelenskiy attends the National Day of Ukraine ceremony in Kiev on July 15, 2026, amid Russia’s invasion of Ukraine.Tetiana Dzhafarova | AFP | Getty ImagesUkrainian Defense Minister Mykhailo Fedorov was abruptly dismissed from his post as President Volodymyr Zelenskiy embarks on the fourth major government reshuffle since the start of Russia’s full-scale invasion.Fedorov, a popular figure and seen as a champion of Ukraine’s drone war, acknowledged his dismissal in a social media post on Wednesday, saying: “It has been a great honor to serve the Ukrainian people.” Fedorov listed some of the team’s accomplishments during his six-month…

WASHINGTON, DC – JULY 14: Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on Capitol Hill on July 14, 2026 in Washington, DC. Eric Lee | Getty Images News | Getty ImagesHello, my name is Anique Bao from Singapore. Welcome to another edition of CNBC’s Daily Open.Even as hostilities in the Middle East escalated, Wall Street saw benchmark indexes rising on strength from Big Tech and signs of easing inflation, overcoming geopolitical tensions.A $53 billion tender offer for PayPal sent the company’s stock price soaring, but SpaceX learned that what went up could come down quickly…

Russian missiles struck Kiev early Thursday and loud explosions were heard in the Ukrainian capital, hours before British Prime Minister Keir Starmer arrived for talks with President Volodymyr Zelenskiy. The attack hit two districts of Kiev, killing two people, including a teenager, according to Ukraine’s State Emergency Service. The strike reportedly caused a fire in the warehouse and nearby vehicles. The attack came ahead of a visit to Kiev on Thursday, one of Starmer’s last international engagements before he takes office as the new prime minister. Mr Starmer and Mr Zelensky will discuss developments in the war against Russia, including…

Applied Computing, a London-based startup building foundational AI models for the oil, gas and petrochemical industries, has raised $20 million in Series A led by engineering giant KBR, with participation from Databricks Ventures. Founded in 2023, the startup targets oil, gas, refining, and petrochemical systems, where a single facility can install thousands of sensors measuring everything from temperature and pressure to velocity and viscosity. While there is a huge market to help energy companies solve data tracking problems, fragmentation remains a major hurdle. As a result, facilities end up using less than 8% of the available data to make operational…

Representative Hal Rogers, Republican of Kentucky and Chairman of the House Appropriations Subcommittee on Commerce, Judiciary, Science, and Related Agencies, was seated on the left, with Representative John Carter, Republican of Texas, in attendance at a public hearing on Thursday, June 5, 2025, in Washington, DC. Eric Lee | Bloomberg | Getty ImagesA former senior adviser to the Federal Reserve has been sentenced to more than three years in prison for lying to federal investigators about sharing restricted central bank information with Chinese intelligence agents, the Justice Department said. John Harold Rogers, 64, was convicted in February of denying sharing…

The Taiwan Semiconductor Manufacturing Company (TSMC) logo is seen at the opening ceremony of the TSMC Global RnD Center in Hsinchu on July 28, 2023.Amber Wang | AFP | Getty ImagesTaiwan Semiconductor Manufacturing Co., Ltd. on Thursday reported a 77.4% year-over-year increase in second-quarter profit, smashing expectations as the world’s largest contract chipmaker continues to set consecutive record-breaking milestones. Below are TSMC’s second quarter results for LSEG SmartEstimates. We focus on more consistently accurate analyst forecasts.Revenue: NT$1.27 trillion ($39.45 billion) vs. NT$1.264 trillion Net profit: NT$706.56 billion vs. NT$632.64 billion The Taiwanese tech giant’s net profit for the three months…

Rio de Janeiro, Brazil, with Sugarloaf Mountain and Botafogo Beach in the background.Jeremy Walker Stone | Getty ImagesThe United States will impose 25% tariffs on most imports from Brazil starting next week, ending a year-long investigation into what Washington calls unfair trade practices and reigniting tensions with Brazil after negotiations broke down. The action was taken under Section 301 of the Trade Act of 1974 and targets Brazilian practices, including orders directing U.S. technology companies, including X, Meta, and Google, to remove certain political content and suspend accounts belonging to U.S. residents, preferential tariffs for Mexico and India, weak intellectual…

President Donald Trump also received options to expand military operations in Iran during Tuesday’s Situation Room meeting, which focused on ways to step up efforts to loosen Iran’s grip on the Strait of Hormuz, two people familiar with the matter said. President Trump has publicly said he intends to hit Iran harder over the coming week, including threats to civilian infrastructure and possible energy targets. Behind the scenes, he is discussing various scenarios for future military action with senior officials, hoping to identify ways to pressure Iran into complying with U.S. demands after previous efforts failed to bring it to…