Author: Press Room

SINGAPORE: Ministers and representatives of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) welcomed the agreement between the United States and Iran, including steps towards reopening the Strait of Hormuz and restoring free and safe navigation.In a joint ministerial statement on Friday (Jun 26), the free-trade bloc underscored the importance of keeping sea lanes open and secure, ensuring freedom of navigation and overflight, and maintaining “safe, unimpeded, and continuous transit passage” through the Strait of Hormuz.They also called for disruptions to energy trade flows to be minimised in accordance with international law, “as reflected in the UN Convention on…

NEWYou can now listen to Fox News articles! For the third time in WNBA history, a player has scored 53 points.Toronto Tempo star Marina Mabrey tied the single-game scoring record with 53 points in a dominant 125-94 victory over the Los Angeles Sparks on Thursday night. Only A’ja Wilson and Liz Cambage have reached that 53-point mark before Mabrey.Mabrey, who poured in nine three-pointers in the win, helped the Tempo set the highest point total scored in a regulation game in WNBA history. The Phoenix Mercury scored 127 points in a 2010 game, though it was double overtime. Marina Mabrey…

The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on Nov. 21, 2025.Kazuhiro Nogi | AFP | Getty ImagesSoftBank Group plunged more than 13% on Friday, leading a broad selloff in Asian technology stocks, amid mounting concerns over the rising cost of artificial intelligence infrastructure. The Japanese conglomerate led losses across the region after the Nasdaq Composite fell for a fourth straight session overnight. The tech-heavy index dropped 0.46% as a 6% plunge in Apple overshadowed Micron’s stronger-than-expected earnings. SoftBank Group could remain under pressure after its chip designer Arm Holdings fell 3.2% overnight, underperforming the broader semiconductor…

Kaan Ayhan scored the winner late in stoppage time as Turkiye handed the US their first defeat of the 2026 FIFA World Cup.Published On 26 Jun 202626 Jun 2026Turkiye beat a heavily changed United States 3-2 with a late Kaan Ayhan winner in an action-packed dead-rubber clash that gave the 2026 World Cup cohosts their sternest test so far ahead of the knockout rounds.Already crowned the Group D winners, the US arrived in Los Angeles seeking to extend a perfect start with a third win, but with more than an eye on next Wednesday’s last-32 meeting against Bosnia and Herzegovina.Recommended…

JPMorgan Chase on Thursday promoted two of its top executives into newly created co-president roles, marking the latest step in CEO Jamie Dimon’s long-running succession planning while announcing the retirement of one of Dimon’s most prominent potential successors.Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since early 2024, were named co-presidents of JPMorgan effective immediately, according to a regulatory filing.As part of the changes, Petno, 61, becomes the sole chief executive of the commercial and investment banking division, while Rohrbaugh, 56, will take over as CEO of the firm’s consumer and community…

NEWYou can now listen to Fox News articles! Rep. Harriet Hageman, R-Wyo., is sounding the alarm over polling revealing that a record-low number of Americans were “very proud” of their country last year.”In Gallup’s 25-year patriotism survey, just 17 percent, or less than 1 in 5 American adults, reported that they were ‘very proud’ of being an American,” Hageman said in a floor speech on Tuesday.”Our excitement for America has been dimmed by accusations of an unacceptable morality, our self-image tarnished by a novel self-flagellation,” she added.Hageman’s speech, set to be delivered in the coming week, argues that the country…

Asian markets are learning that the AI boom has a price tag. A week that began with record highs ended with investors questioning whether surging demand for memory chips is becoming an inflation problem for technology buyers. Apple’s decision to raise prices on iPads and MacBooks rattled sentiment, even as Micron’s earnings showed that chipmakers remain on the right side of the boom. The result was a sharp pullback across Asia, a firmer dollar, renewed pressure on the yen and a more complicated read on risk before the quarter closes.Apple turns AI demand into a cost shockMSCI’s broadest index of…

The hotly debated reopening of downtown Winnipeg’s Portage Avenue and Main Street intersection has not significantly affected traffic safety in the past year, according to officials. The sidewalks of the iconic intersection were blocked by concrete barricades beginning in February 1979. Portage and Main remained closed to pedestrians from then until last June, despite a number of attempts to reopen it, including a 2018 plebiscite. 1:48 The history of Portage and Main Since its reopening on June 27 of last year, Manitoba Public Insurance (MPI) said there have been no pedestrian-involved collisions at the intersection. Story continues below advertisement In terms…

Art Garfunkel has claimed his long and often turbulent relationship with Paul Simon has reached a place of reconciliation.The 84-year-old singer reflected on the enduring bond with his Simon and Garfunkel partner – also 84 – in an interview with People.Garfunkel explained the pair met for dinner last year after years of well-publicised tensions. His comments come as he continues his What a Wonderful World tour, and follows renewed interest in Simon and Garfunkel’s legacy after the release of the 2024 documentary In Restless Dreams: The Music of Paul Simon.”We had a dinner last year. It was very lovely. There…

Chip giants SK hynix and Samsung were down around 5 per cent each in early trading.The index has seen some wild moves this week – including Tuesday’s 10 per cent drop – amid waxing and waning optimism over the AI boom.Tokyo, which is also heavy with tech firms, shed more than 3 per cent. Tech investment giant SoftBank plunged more than 12 per cent as the New York Times reported that ChatGPT-maker OpenAI is considering holding off an initial public offering until 2027.There were also steep losses in Hong Kong, Shanghai, Singapore and Taipei.The losses came even as investors pared…