The International Criminal Court ordered a medical assessment of former Philippine President Rodrigo Duterte to determine whether he is fit to stand trial, with proceedings set to start in November. It is the second time that Duterte, who is facing charges of crimes against humanity over his drug war that killed thousands of people, will undergo a health check ordered by the court. The ICC’s pre-trial chamber found in January that the former leader, who ruled the Philippines from 2016 to 2022,...

A possible meeting next week between Indian Prime Minister Narendra Modi and US President Donald Trump offers a chance to reset ties following a year of strained relations over tariffs, Pakistan, and now, the Iran war. US forces this week attacked three Indian-crewed vessels in the Gulf of Oman region, killing at least three sailors and prompting protests from New Delhi. Modi and Trump would likely want to contain the latest tensions and avoid derailing efforts to get relations back on track...

In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire. Shares of SpaceX rose 19 per cent on Friday to US$160.95 each in their first day of trading, vaulting the value of the rocket and AI company Musk founded to US$2.2 trillion. His fortune now stands at the...

In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire. Shares of SpaceX rose 19 per cent on Friday to US$160.95 each in their first day of trading, vaulting the value of the rocket and AI company Musk founded to US$2.2 trillion. His fortune now stands at the...

The US and Iran may sign an agreement to reopen the Strait of Hormuz on the sidelines of the Group of Seven world leaders summit next week, according to senior officials. A senior Iranian official indicated overnight that a deal is likely, said a G7 official and a diplomat from outside the group, who both asked not to be named discussing sensitive matters. This year’s G7 summit takes place in Evian, in the French Alps, from June 15 to June 17. Geneva, in Switzerland, is nearby and being floated...

The US and Iran may sign an agreement to reopen the Strait of Hormuz on the sidelines of the Group of Seven world leaders summit next week, according to senior officials. A senior Iranian official indicated overnight that a deal is likely, said a G7 official and a diplomat from outside the group, who both asked not to be named discussing sensitive matters. This year’s G7 summit takes place in Evian, in the French Alps, from June 15 to June 17. Geneva, in Switzerland, is nearby and being floated...

Investors across Asia have been largely shut out of the world’s largest-ever initial public offering, which has forced them to find creative ways to make bets on SpaceX’s US$75 billion global spectacle. With no direct access to the IPO, traders from Seoul to Shanghai are piling into companies along the space supply chain, industry-themed exchange-traded funds (ETF) and Nasdaq 100 Index-tracking funds in hopes of eventually capturing some of the gains that many expect once SpaceX shares hit the...

US President Donald Trump said he is nominating Jay Clayton to be the next director of national intelligence, following backlash over his selection of housing regulator Bill Pulte to serve in the role on an acting basis. Clayton, the top federal prosecutor in Manhattan, was chairman of the Securities and Exchange Commission during Trump’s first term. “I encourage the United States Senate to confirm Jay as soon as possible,” Trump said on social media. Clayton, as US attorney for the Southern...

As protests in Tirana extend into a second week, they have escalated from opposition to two €5 billion (US$5.7 billion) planned resorts in ecologically sensitive areas linked to Jared Kushner into demands for the entire Albanian political establishment to step aside. Anger erupted on the coast on May 30 when bulldozers moved into one of the sites, spreading to the capital two days later. Every evening at 6pm since then, thousands of people have been gathering in a central square and marching...