Oil prices jump, stocks retreat on US-Iran deadlock
Oil prices rallied and stock markets fell Tuesday as investors braced for further volatility after talks appeared to stall on ending the war in the Middle East and re-opening the Strait of Hormuz to tanker and cargo ship traffic.
Read moreSouth Korea official floats AI profit social tax as tech giants boom
A top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earnings for tech giants Samsung Electronics and SK hynix.
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Kremlin says no 'specifics' on ending Ukraine war despite Putin's words
The Kremlin said Tuesday there was no concrete plan to end the Ukraine war, days after Russian leader Vladimir Putin had suggested Europe's worst conflict since WWII could be winding down.
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Vodafone sees signs of recovery amid turnaround plan
British mobile phone giant Vodafone said Tuesday that it sharply reduced its annual losses as it undergoes major restructuring to refocus on its core markets after years of weak performance.
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Ruud crushes Musetti to reach Italian Open quarters, Sinner awaits derby
Casper Ruud strolled into the Italian Open quarter-finals on Tuesday after easily beating home hope Lorenzo Musetti 6-3, 6-1, as Jannik Sinner gets set for a derby with qualifier Andrea Pellegrino.
Read moreJapan Olympic official resigns after 'utterly unacceptable' remarks
The Japanese Olympic Committee's vice president has resigned, the organisation said Tuesday, after he apologised for making "utterly unacceptable" remarks that reportedly included an anti-Korean slur.
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Australia's economy 'hostage' to Mideast war: treasurer
Australia will avoid recession even if a prolonged Middle East war pushes the oil price to $200 a barrel, Treasurer Jim Chalmers said Tuesday, outlining a national budget "heavily hostage to events overseas".
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WHO chief says 'work not over' after hantavirus evacuation
World Health Organization chief Tedros Adhanom Ghebreyesus said on Tuesday "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness.
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UK PM Starmer defiant as quit calls grow
UK Prime Minister Keir Starmer told his top team Tuesday that he was getting on with governing, defying mounting calls from ministers and MPs to step down.
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Indigenous Australians awarded major compensation in mining dispute
An Australian court ordered iron ore giant Fortescue on Tuesday to pay Indigenous people more than Aus$150 million ($108 million) in compensation for mining on their traditional lands.
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