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• Asian stock markets are positioned to achieve a record-breaking quarter, signaling strong bullish momentum across the region. • This growth coincides with a decline in the U.S. dollar, which has negatively impacted the value of gold and the Japanese yen. • The shift reflects broader volatility in currency markets and a strategic pivot toward equity investments in Asia.

• India secured its first cricket World Cup victory on June 25, 1983, by defending a total of 183 runs against the West Indies at Lord's. • Captain Kapil Dev played a pivotal role in the win, highlighted by his iconic running catch to dismiss Viv Richards. • This historic triumph is credited with transforming cricket in India, establishing the nation as a global commercial and cultural powerhouse for the sport.

Speaking after signing trade agreement in Canberra, the European Commission president warns ‘situation is critical’ for global energy supplyGet our breaking news email, free app or daily news podcastThe US and Iran must come to the negotiating table to immediately end the de facto closure of the strait of Hormuz and stop hostilities in the Middle East, the head of the European Commission says.Ursula von der Leyen, the European Commission president, said Iran’s efforts to block the strategic waterway via attacks on unarmed commercial vessels and critical infrastructure “must be condemned”. Continue reading...

Iranian parliament speaker says ‘no negotiations’ held with US, as Trump postpones energy strikes for five days; European Commission chief says war must come to negotiated endTrump claims ‘productive’ talks with Iran but Tehran denies contactIsrael launches new strikes on Tehran as Trump pauses Iran energy attacksWelcome to our ongoing coverage of the US-Israeli war on Iran and its wider repercussions in the Middle East and globally.Donald Trump has claimed the US and Iran have held talks in which the two sides had “major points of agreement”, and speculated that a deal could soon be done to end the war, a claim contradicted by Tehran.Trump said the threatened US strikes on Iranian power plants had been postponed after “very good and productive” discussions with Iran about a “complete and total resolution of our hostilities” in the Middle East. After hitting a four-year high, the price of oil fell dramatically following Trump’s comments, while stocks in Asia rallied.Benjamin Netanyahu, meanwhile, said he had spoken with Trump, who saw a chance of an agreement with Iran, but added that Israel would continue its strikes against Iran and Lebanon. Trump believed there was a possibility of “leveraging the mighty achievements obtained by the Israeli and the US military, in order to realise the goals of the war in a deal – a deal that will preserve our vital interests”, the Israeli prime minister claimed in a video statement released by his office.Israel said it had launched “wide-scale” strikes on Iran on Monday morning, while Tehran continued to fire missiles at the UAE and Saudi Arabia. The Israeli military also claimed to have hit struck the main security headquarters of Iran’s Islamic Revolutionary Guard Corps as part of a “wave of strikes that was completed a short while ago in the heart of Tehran”.An Israeli strike also hit Beirut’s southern suburbs on Monday, Agence France-Presse quoted state media as saying, hours after the Israeli army issued an order for residents of the area to evacuate. An AFPTV live broadcast showed a cloud of smoke over the densely populated southern suburbs, which are considered a Hezbollah stronghold and have not been hit since Friday night. Continue reading...

• The U.S. dollar fell slightly to 159.70 Japanese yen from 159.88 yen, while the euro rose to $1.1478 from $1.1453 in early Thursday trading. • Currency moves followed Wall Street's slump, with Dow dropping 1.6% to 46,225.15, amid steady Fed rates and oil-driven inflation concerns. • A stronger dollar, combined with higher U.S. yields and oil prices over $111, pressured Asian assets and currencies significantly.

Adobe CEO Shantanu Narayen announced his resignation on March 13, 2026, amid growing investor doubts about the company's competitiveness in the AI-driven software market. The departure follows recent earnings reports showing AI-generated imagery eroding traditional stock photo revenues, prompting board concerns over strategic direction. This leadership change matters as Adobe grapples with integrating generative AI tools like Firefly while facing competition from startups, potentially delaying key product roadmaps. Analysts expect an interim CEO appointment within weeks, with a permanent successor search focusing on AI expertise.