Claims that Washington and Tel Aviv are preparing a large-scale new military strike on Iran have raised regional tension, just days before Israel's October 27 parliamentary election and the United States' November 3 midterm vote. Neither government has confirmed the reports.
Israeli military attacks killed four Palestinians in Gaza, including a young girl, local officials said. The strikes came as Israeli forces continued expanding operational control across parts of the territory, adding to displacement and the destruction of homes.
Washington confirmed the Quadrilateral Security Dialogue will hold its first leaders' summit in more than two years on the sidelines of regional talks in Manila, as the Philippine envoy signalled likely 'Squad' talks too.
The central bank lifted its policy rate sharply as the country reels from war-fuelled price rises and faces further risk from an approaching 'super' El Nino.
German federal prosecutors say they have arrested a Ukrainian national suspected of gathering defence-related information on behalf of Russian intelligence. The case adds to a string of recent espionage arrests across Europe tied to the war in Ukraine.
The European Parliament adopted a resolution urging the EU to weigh a naval operation in the Black Sea after a string of attacks on civilian commercial vessels. Lawmakers want Brussels to explore options to protect shipping lanes vital to regional trade.
Initial filings for US unemployment insurance slipped to a seasonally adjusted 194,000, among the lowest readings since the 1960s. The data points to a continuing trend of low layoffs across the American labor market.
Meta Platforms shares fell 6% after third-quarter spending on artificial intelligence infrastructure pushed the company's free cash flow negative for the first time in years. Prices for Meta's five-year credit default swaps climbed to record highs as investors signaled growing concern over the company's debt risk.
Hospitals across the Gaza Strip say their backup generators are close to shutting down and suffering permanent damage because of a severe fuel shortage. Medical staff warn the equipment keeps essential wards, including intensive care units, running.
Iran's navy said four vessels were struck simultaneously while transferring oil cargo ship-to-ship in the northern Persian Gulf and continued burning. The Islamic Revolutionary Guard Corps Navy did not say who was responsible for the strikes.
Australia's federal government has extended its ban on KPMG bidding for new government contracts until at least the end of February, citing what it called serious ethical failings. The move follows allegations that audit partners at the firm misused client data and then mishandled a whistleblower's complaint about the matter.
New Zealand's annual inflation rate tumbled to 3.7 percent. The slowdown has raised the odds that the Reserve Bank will lift its benchmark interest rate at next week's policy meeting, even as price pressures are forecast to pick up again soon.
Chinese artificial-intelligence company DeepSeek has completed a new fifteen-billion-dollar funding round. The company is now preparing for one of China's most closely watched market debuts in years, as it positions itself as a serious rival to leading US AI labs.
Australia and East Timor signed a new defence agreement on Thursday to strengthen cyber and maritime security cooperation. Canberra will provide roughly $44 million and expand joint military exercises, part of an effort to limit Beijing's growing influence among Pacific and Southeast Asian neighbours.
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