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Iran war sends Korean stocks tumbling 12%

[ . South Korean shares sank 12% on Wednesday, posting the biggest drop in their 46-year history and wiping half a trillion dollars in value just this week, as fears that the Iran war could cripple Asia’s fourth-largest economy sent the won to a 17-year low. Israeli and US forces continued attacking Iran, prompting retaliatory … Read more

‘Scream’ franchise joins elite horror club

scream

The Scream franchise has officially entered the billion-dollar club, with its latest installment, Scream 7, pushing the series past $1 billion at the global box office. The seventh entry in the long-running horror saga earned nearly $100 million worldwide in its opening weekend, cementing the series’ status as one of cinema’s most lucrative horror properties. … Read more

US sub sinks Iran warship

87 bodies recovered off Sri Lanka; Iran claims control of Strait of Hormuz; Turkey says missile detroyed by NATO This frame grab from a video released by the US Department of Defense shows what it says is periscope footage of a US Navy submarine firing on and sinking an Iranian warship in the Indian Ocean. … Read more

Rice, seafood, minerals top Pak-China trade talks

[ ISLAMABAD: Rana Ihsaan Afzal Khan, Coordinator to the Prime Minister on Commerce, held a meeting with the Chinese Minister Counsellor to review bilateral trade relations and explore practical measures to enhance economic cooperation between Pakistan and China. The meeting provided an opportunity to assess current trade dynamics and examine factors affecting export growth. Discussions … Read more

Who is Mojtaba Khamenei, frontrunner to be Iran’s supreme leader?

Mojtaba has survived US-Israeli air war on Iran and seen as potential successor to his father Mojtaba Khamenei, the second son of Iran’s late Supreme Leader Ayatollah Ali Khamenei, visits Hezbollah’s office in Tehran, Iran, October 1, 2024. Photo: Reuters/ File Ayatollah Ali Khamenei’s son Mojtaba has emerged as frontrunner to succeed his late father as Iran’s supreme … Read more

Qatar shuts gas liquefaction

[ LONDON: Qatar declared force majeure on gas exports on Wednesday amid the US-Israeli war on Iran, with sources saying it may take at least a month to return to normal production volumes. The move means global gas markets will experience shortages for weeks even in the unlikely scenario the conflict ends today, as Qatar … Read more