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Business
UNITED ARAB EMIRATES / RankWire.AI / – Gold prices held above $4,400 an ounce on Thursday after reversing an earlier decline in the previous session. Spot gold rose 0.3% to $4,414.28 an ounce by 0419 GMT. U.S. gold futures for December delivery slipped 0.1%…
PANAMA / RankWire.AI / – The Panama Canal is considering another reduction in daily ship transits as drought pressure weighs on its water supply. Administrator Ilya Espino de Marotta said traffic could fall to about 29 vessels a day in February or March 2027.…
BERLIN / RankWire.AI / – German automaker Volkswagen AG agreed Monday to sell its Osnabrück manufacturing plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony, setting up the site’s conversion into a dedicated defense manufacturing facility. Under the preliminary…
CAIRO, EGYPT / RankWire.AI / – Egypt’s net international reserves reached a record $57.2145 billion at the end of August 2026. The Central Bank of Egypt reported the provisional figure on September 7. Reserves had stood at $56.2939 billion at the end of July.…
SEOUL / RankWire.AI / – South Korea and African partner nations will launch a major economic cooperation framework focused on artificial intelligence and technology-driven development at the 8th Korea-Africa Economic Cooperation Ministerial Conference in Seoul. The upcoming ministerial gathering marks the 20th anniversary of…
SEJONG, SOUTH KOREA / RankWire.AI / – South Korea’s consumer inflation accelerated to 3.1% in August from a year earlier, official data showed. The rate increased from 2.8% in July and moved back above 3%. Consumer prices also rose 0.2% from the previous month.…
SEOUL / RankWire.AI / – South Korea’s outbound shipments surged 68.7% year-on-year in August to reach $98.25 billion, driven by sustained global demand for high-performance memory chips and artificial intelligence infrastructure. Official data released by the Ministry of Trade, Industry and Resources showed that…
NEW DELHI, INDIA / RankWire.AI / – Prime Minister Narendra Modi praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. The latest official data showed that economic activity remained firm across manufacturing, services, consumption and investment. Modi described the…
TOKYO / RankWire.AI / – Japan’s Nikkei 225 slid nearly 2% in early trade Monday as markets reacted to rising expectations for higher interest rates. The benchmark fell 1.97% to 65,096.63 before extending losses to an intraday low of 64,832.10. Selling centered on technology…
JAKARTA, INDONESIA / RankWire.AI / – Indonesia has formalized new cooperation between its investment and sports authorities to expand business activity in the national sports sector. Investment and Downstreaming Minister Rosan Perkasa Roeslani and Youth and Sports Minister Erick Thohir signed the agreement on…
SINGAPORE / RankWire.AI / – Oil prices moved higher on Tuesday after both major crude benchmarks posted losses of more than 2% a day earlier. Brent crude rose 27 cents to $92.44 a barrel by 0330 GMT. U.S. West Texas Intermediate gained 37 cents…
HONG KONG / RankWire.AI / – Alibaba Group has priced a HK$80 billion share placement as it increases spending on artificial intelligence and cloud infrastructure. The Chinese technology company will issue 710 million new ordinary shares at HK$112.70 each. The offering is worth about…
BUSAN, SOUTH KOREA / RankWire.AI / – A South Korean container ship has left Busan for Europe on the country’s first Arctic trial involving commercial container cargo. PanStar Acro departed Busan New Port on August 22 for a planned 45-day round trip. The 2,758-TEU…
TOKYO, JAPAN / RankWire.AI / – Japan posted record monthly values for both imports and exports in July 2026, as higher energy costs and strong technology demand lifted total trade. Imports climbed 27.8% from a year earlier to about 12.15 trillion yen. Exports rose…
NEW YORK / RankWire.AI / – U.S. stocks finished higher Wednesday as a sharp decline in long-term Treasury yields supported Wall Street. The S&P 500 gained 16.22 points, or 0.21%, to close at 7,707.98. The Dow Jones Industrial Average rose 119.65 points, or 0.22%,…
SEOUL, SOUTH KOREA / RankWire.AI / – South Korea’s automobile exports climbed 7.0% from a year earlier to US$6.24 billion in July 2026. The figure set a record for the month of July and exceeded the previous July high of US$5.90 billion in 2023.…
Technology
CUPERTINO, CALIFORNIA / RankWire.AI / – Apple has introduced the iPhone 18 Pro and iPhone 18 Pro Max with upgrades to cameras, battery life and processing power. Both models use the new A20 Pro chip and a redesigned vapor chamber for sustained performance. Apple also added a smaller Dynamic Island and new camera controls for professional users. Preorders open September 12, while sales begin September 18 across more than 65 countries and regions. The biggest camera change is a 48-megapixel Fusion Main camera with variable aperture. Six internal…
Sports
LONDON / RankWire.AI / – Lionel Messi, Kylian Mbappé, Lamine Yamal and Erling Haaland are among the 30 nominees for…
BUENOS AIRES, ARGENTINA / RankWire.AI / – Lionel Messi has ended his international career with Argentina after 21 years at…
Budapest, Hungary / RankWire.AI / – International motorsport governance and European state leadership converged at the Hungaroring circuit as Federation…
ARLINGTON, TEXAS / MENA Newswire / – Spain reached the FIFA World Cup quarter-finals with a 1-0 win over Portugal…
EAST RUTHERFORD, NEW JERSEY / MENA Newswire / – Norway reached the FIFA World Cup quarterfinals for the first time…