News

South Korea sets June 3 as provisional date for presidential election

bno - Taipei Bureau April 8, 2025

Under South Korean law, a presidential election must be held within 60 days following the Constitutional Court’s ruling to dismiss former President Yoon Suk Yeol, who was removed from office on April 4.

Russia’s Alrosa cuts record-breaking 200 carat diamond

bne IntelliNews April 8, 2025

Russian diamond producer Alrosa showcased the largest diamond ever cut in the country’s history – a 100-carat vivid yellow gem named “New Sun” – on April 4.

Hungary braced for blow from US tariffs as Audi, pharma and agri exports hit

bne IntelliNews April 8, 2025

Hungary's export-reliant economy is under growing strain as sweeping new US tariffs take effect.

Hungary says no to EU countermeasures targeting US products

bne IntelliNews April 8, 2025

Hungary has come out forcefully against European Commission plans to impose retaliatory tariffs on US imports, with Foreign Minister Peter Szijjarto warning that such measures would inflict economic harm on consumers and escalate tensions.

Death toll rises to 20 in Thailand as more bodies pulled from collapsed high-rise

bno - Bangkok Office April 8, 2025

The deceased have been transferred to the Institute of Forensic Medicine at the Police General Hospital for identification. Authorities have not yet released the names of the victims, pending notification of their families.

Trump gave his backing to Erdogan's arrest of main political rival Imamoglu, claims opposition leader

Akin Nazli in Belgrade April 7, 2025

Turkey run by junta that mounted coup, says Ozgur Ozel, adding that its president “no longer has legitimacy. He fears elections. He fears the streets.”

Trump tells Israel's Netanyahu in meeting that US is holding direct talks with Iran

bnm Tel Aviv bureau April 7, 2025

US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at the White House on the evening of April 7, with discussions focusing heavily on Iran's nuclear programme and the ongoing Gaza conflict.

Iranian President Pezeshkian says US must prove it seeks genuine negotiations

bnm Tehran bureau April 7, 2025

Iranian President Masoud Pezeshkian has stated that while Iran believes in negotiations, it will not engage in talks "at any cost", stressing that the United States must prove it seeks genuine dialogue.

US defence chief's Panama visit heightens pressure over Chinese canal influence

Alek Buttermann April 7, 2025

The Panama Canal has once again become the focus of geopolitical friction, as the US escalates diplomatic and strategic pressure on Panama over what it claims is growing Chinese influence around the critical waterway.

Egypt, Jordan, France call for immediate ceasefire in Gaza amid trilateral summit in Cairo

bna Cairo bureau April 7, 2025

King Abdullah II of Jordan, Egyptian President Abdel Fattah El-Sisi, and French President Emmanuel Macron convened a trilateral summit in Cairo on April 7 to address the escalating humanitarian and security crisis in Gaza

Brazil’s agriculture sees mixed fortune in Trump tariffs as competitors face steeper levies

bne IntelliNews April 7, 2025

Brazil's agricultural sector is bracing for mixed impacts from newly announced US tariffs, with analysts suggesting the country could emerge relatively advantaged despite the blanket 10% levy.

Warsaw Stock Exchange halts trading as global markets tumble

bne IntelliNews April 7, 2025

Trading on the Warsaw Stock Exchange was suspended for one hour on the afternoon of April 7, the exchange’s operator said, citing concerns about market stability.

Trump tumult hits Borsa Istanbul and Turkey’s CDS as lira remains at 38.00

Akin Nazli in Belgrade April 7, 2025

Turkish stock exchange is, however, controlled by the regime to guard against collapses.

Turkey says it wants no confrontation with Israel in Syria

Akin Nazli in Belgrade April 7, 2025

“Unfortunately Israel is taking out, one by one, all military capabilities that a new state can use,” says Turkish foreign minister.

Middle East markets suffer massive losses as Trump tariff effects continue

bnm Gulf bureau April 7, 2025

Middle East stock markets continued to bleed losses at the start of trading on April 7, as the effects of US tariffs on numerous countries persist.

Netanyahu to discuss Turkey-Israel relations with Trump at White House on April 7

Akin Nazli in Belgrade April 7, 2025

Threat to bomb Iran over its nuclear programme also on agenda.

Milei to amend Argentine laws to accomodate Trump tariffs after meeting flop

Mathew Cohen April 7, 2025

President Javier Milei has pledged to adjust Argentina's regulations to align with US President Donald Trump's new tariff requirements following the imposition of 10% duties on Argentine imports.

Italian pianist expelled from Serbia for supporting protests

bne IntelliNews April 7, 2025

Martello was expelled from Serbia on April 6 after participating in a student protest in the southern city of Niš.

Oil falls 3.75% amid global trade war recession fears

Newsbase MENA syndication April 7, 2025

Oil prices fell 3.75% on April 7, continuing last week's losses, as escalating trade tensions between the United States and China fuelled fears of an economic recession that could reduce crude demand.

Thailand sees the Songkran festival generating over $3.7bn in 2025

bno - Bangkok Office April 7, 2025

Deputy government spokesperson Anukool Pruksanusak cited a survey by the University of the Thai Chamber of Commerce, which showed the projected figure was up from THB128.83bn in 2024

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