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Members of the International Monetary Fund (IMF) have called for increased financial assistance to countries facing short-term funding difficulties caused by war-related disruptions and high energy prices, warning that global...

Ethiopian Prime Minister Abiy Ahmed has appointed a temporary administration for the conflict-hit Tigray region, setting a six-month deadline to organize elections as renewed fighting raises concerns about stability in...

Two cargo vessels have sunk near the Strait of Hormuz after being struck by projectiles in separate incidents, raising fresh concerns about the safety of commercial shipping along one of...

The US dollar weakened on Thursday after reaching an 18-month high in the previous session, as falling Treasury yields and comments from Federal Reserve officials reduced expectations of an interest...

Global oil prices fell by around 2 per cent on Thursday as reports that the United States may relax sanctions on some Russian oil tankers raised expectations of increased supply...

Technology stocks across Asia tumbled on Thursday as concerns over rising borrowing costs and mounting debt linked to artificial intelligence infrastructure unsettled investors, while government bonds gained as traders sought...

A failure by the United States and Iran to reach an agreement within weeks on reopening a safe passage for fertilizer shipments through the Strait of Hormuz could trigger a...

Global oil prices rose on Wednesday after two vessels were struck in the Strait of Hormuz, while Iranian officials said Tehran had introduced new tactics to target shipping in a...

Saudi Arabia’s state-owned oil giant, Saudi Aramco, came under attack at its headquarters complex in Dhahran on Tuesday night, triggering a limited fire as Houthi missile and drone strikes intensified...

The Nigerian Air Force has confirmed the recovery of additional wreckage from the ATR 42-500 aircraft that crashed in Igbokoda, Ondo State, as underwater search operations continue. The Air Force...