Scenario archive

Hong Kong issues amber rainstorm warning, tells public to brace for possible floods

The Hong Kong Observatory has issued the amber rainstorm warning and urged residents to brace for widespread heavy rain and potential flooding under the influence of a broad trough of low pressure. The signal, sent out at 9.50am, was the second amber rainstorm warning to be issued on Friday. An earlier alert went out just after midnight and was cancelled at 2.15am. The Observatory urged residents to take all necessary precautions to reduce their exposure to risks posed by the heavy rain and...

July 29, 2026

Industrial Metals Decline as Traders Weigh Fed Rate Outlook

Base metals retreated on Friday as traders weighed the likelihood of higher interest rates and their negative impact on demand.

July 29, 2026

US escalates attacks on Iran as it expands range of targets

American forces hit deeper inside the country as Islamic republic reports strikes on its infrastructure

July 29, 2026

HDFC Bank, ICICI Bank Eye FX Deposits For Margin Boost

The Reserve Bank of India’s latest measures to attract foreign currency inflows are set to lift optimism when some of the country’s largest private sector banks report on Saturday.

July 29, 2026

Trump’s China election claims mark new front in the rivalry, analysts say

US President Donald Trump’s prime-time attack on China over alleged election interference marks a significant escalation in the rivalry between Washington and Beijing, elevating the issue from a cyber dispute to a broader national security confrontation, analysts say. “This speech is significant not simply because it criticises China. It is significant because it elevates alleged Chinese election interference to the level of a central national security narrative, comparable to how Russia was...

July 29, 2026

Gold set for biggest weekly fall in six as Iran war fans inflation worries

Gold prices saw a rebound on Friday, yet are set for a significant weekly loss. Renewed clashes between the United States and Iran have lifted oil prices considerably. This escalation has stoked inflation concerns and strengthened expectations for higher interest rates. Fed officials are signaling openness to rate hikes amid persistent inflation. Economic data shows a slight increase in U.S. retail sales and falling unemployment claims.

July 29, 2026

North Korean leader Kim Jong Un meets with top Chinese official

The meeting comes after Xi visited Kim, promising closer diplomatic, law enforcement and military cooperation.

July 29, 2026

China, elections and Iran: the takeaways from Trump’s White House address

In a fiery prime-time address to the nation, US President Donald Trump delivered an unprecedented broadside against China, accusing Beijing of orchestrating the “largest compromise of election data in history” and declaring an end to complacency in the face of “Chinese interference”. The speech, which blended escalating tensions over Iran with sharp domestic warnings ahead of this year’s midterm elections, is one of the most confrontational White House addresses of his second term, directly...

July 29, 2026

SpaceX scrubs Starship launch after some of its engines didn't start

"Now offloading propellant. Next launch attempt hopefully in a few days."

July 29, 2026

Qatar says it intercepted attacks

Qatar says it intercepted attacks Qatar said Friday it intercepted a missile attack, after several blasts were heard in the Gulf country's capital. "The Ministry of Defense of State of Qatar announces that armed forces intercepted missile attack which targeted State of Qatar," the defence ministry wrote on X.

July 29, 2026

Vietnam exam scandal exposes pressures driving school corruption

July 29, 2026

Trump’s intense attacks have failed to sway Iran. He’s trying again anyway

President Donald ⁠Trump has ramped up US air strikes on Iran and threatened broader escalation, but there is ⁠little sign that a military strategy that has already failed to extract concessions from Tehran will succeed this time. With the collapse of an interim ceasefire deal reached a month ago, Trump finds himself in a bind as he seeks to break Iran’s grip on the vital Strait of Hormuz and force Tehran to accept his demands. While the two sides have so far avoided a return to full-scale...

July 29, 2026

Global Market Today: Asian stocks drop after chip selloff, oil gains

Asian stocks declined as chipmakers pulled down Wall Street amid valuation concerns. Oil prices climbed higher this week due to escalating Middle East hostilities. Investors are questioning the sustainability of massive artificial intelligence investments and tech valuations. Heightened geopolitical tensions fueled inflation worries and potential interest rate hikes. Consumers continue spending and the labor market shows resilience despite economic challenges.

July 29, 2026

Blasts rock Qatar's Doha

Blasts rock Qatar's Doha Several explosions were heard in Qatar's capital Doha early on Friday, but cause of the sounds was not immediately clear. A government security alert was also sent to mobile phones, according to various reports. The public safety alert, which has since been indicated to be over by the interior ministry, warned that the security threat level was "elevated" and urged residents to take shelter.

July 29, 2026

US delivers missile strike on Iran’s Bandar Lengeh — Mehr

Attack on another city, Veysian, was reported as well, details of both strikes are unknown at this point

July 29, 2026

Logistics firms set for strong Q1 revenue growth despite margin pressure

Logistics sector revenue is poised for healthy growth in the June quarter. This expansion is driven by e-commerce demand and increased supply-chain outsourcing. However, elevated fuel costs and pricing pressures may impact profitability across companies. Container Corporation of India and Delhivery anticipate revenue increases with margin challenges. Blue Dart Express and TCI also expect revenue growth, with fuel prices being key.

July 29, 2026

Iranian drones attack US air base in Bahrain — Tasnim

The report said the attack came as part of Iran’s military operation against US bases in the Middle East in response to continued US attacks on Iran

July 29, 2026

Kuwaiti air defenses repel attack of Iranian drones, missiles

The news came shortly after reports of Iranian drone strikes on a US military base with helicopters and reconnaissance aircraft in Bahrain

July 29, 2026

Venezuelan earthquake death toll reaches 4,930

According to President of the National Assembly of the Bolivarian Republic Jorge Rodríguez, 16,740 people were injured

July 29, 2026

‘True everyday hero’: Chinese man has nose bitten off saving woman from attacker

A man in central China who had his nose bitten off while subduing an attacker to save a woman has been recognised as a national hero. Zeng Fanlin, 69, from Chenzhou, Hunan province, previously served as a village official before becoming a volunteer mediator who helped resolve disputes among villagers. The incident happened in April, when a man in his 20s entered the village and went on a violent rampage, attacking passers-by and kicking doors, according to local media reports. The attacker...

July 29, 2026

Brazilian football legend Pele’s World Cup shirt sells for $4.9m

The sale is a record for the Brazilian footballing great, but far from the most expensive piece of sporting memorabilia.

July 29, 2026

Falling debris from intercepted Iranian strikes sparks fires in Kuwait

Moment a projectile struck a border area between Kuwait and Iraq, sparking a fire and sending thick smoke into the sky.

July 29, 2026

US escalates attacks on Iran as it expands range of targets

American forces hit deeper inside the country as Islamic republic reports strikes on its infrastructure

July 29, 2026

Taco Bell Pulls Lettuce in Some States After Cyclospora Outbreak

Taco Bell said it has voluntarily removed potentially affected lettuce from a supplier linked to a multistate Cyclospora outbreak and will replace the ingredient within 24 hours at restaurants in affected states.

July 29, 2026