North Korea test-fires cruise missiles from submarine – KCNA

Inquirer.net - Oct 15, 2026

SEOUL, South Korea – Pyongyang test-fired two types of cruise missile from a submarine, its state news agency said Thursday, after weeks of friction with Seoul over a landmine explosion along their border. The missiles were fired into the East Sea, also known as the Sea of Japan, on Wednesday without “any adverse impact on the

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Wall Street tumbles as hot inflation data feeds worries about Fed rate hikes
Oct 15, 2026
Wall Street tumbles as hot inflation data feeds worries about Fed rate hikes

Hotter-than-expected inflation data sent Wall Street tumbling on Wednesday, with worries about more interest rate hikes from the Federal Reserve pummeling shares of Oracle, CoreWeave and other AI stocks sensitive to higher borrowing costs. Increased bets that the Fed will have to further hike rates to tame inflation dealt a sharp blow to some of the market's biggest gainers of 2026. Oracle lost 7.3 percent, while AI-infrastructure firms CoreWeave and Nebius tumbled 15 percent and 10 percent, respectively. Dell dropped 12 percent and Hewlett Packard Enterprise lost 7.6 percent after Barclays downgraded the AI server makers to "equal-weight" from "overweight." The Philadelphia SE Semiconductor index dropped almost 4 percent, down for a sixth straight session and on track for its longest losing streak since May 2025. US consumer prices accelerated in September as the cost of gasoline surged and price pressures broadened beyond energy, data from the Labor Department's Bureau of Labor Statistics showed. Interest rate traders are pricing in a 37 percent chance that the Fed will raise rates at i

Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers
Oct 15, 2026
Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers

NEW YORK — Oil prices rose on Wednesday after the Houthis attacked Saudi Aramco's headquarters and Iran said it was deploying new tactics to target ships and keep oil prices high. Brent crude futures were up 87 cents, or 0.82 percent, at $106.56 a barrel by 1:25 p.m. ET (1725 GMT). U.S. West Texas Intermediate crude gained $1.46, or 1.55 percent, to $95.60, touching a three-week high. Attacks on ships transiting the Strait of Hormuz and strikes between Saudi Arabia and the Iran-allied Houthis are driving up oil prices, said Phil Flynn, senior analyst with the Price Futures Group. "We're seeing a lot of fear trade today," he added. Iranian officials declined to provide details of the new strategy to target ships, but one said Iran had started using different offensive tactics about 10 days ago. Gulf oil flows excluding Iran surged in September to more than 81 percent of prewar levels, data showed, led by a recovery in Saudi exports. Iranian exports fell to zero owing to a U.S. blockade. "More crude reaching international markets does not necessarily mean more oil is being produced," Saxo

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Oct 15, 2026
US stocks drop to their worst day since July as inflation worsens

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Zelenskyy says 'we count' on US partnership, urges Starlink switch-on
Oct 15, 2026
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Oct 15, 2026
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Trump claims again Korea to invest in Alaska LNG project under trade deal
Oct 15, 2026
Trump claims again Korea to invest in Alaska LNG project under trade deal

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School roof collapse kills at least 29, injures more than 50 in Pakistan
Oct 15, 2026
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Iran-backed Houthis strike Saudi oil company Aramco's headquarters, officials say
Oct 15, 2026
Iran-backed Houthis strike Saudi oil company Aramco's headquarters, officials say

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Oct 15, 2026
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Oct 15, 2026
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Oct 15, 2026
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Albanian students protest over education, jobs, clash with police
Oct 15, 2026
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Demonstrators and riot police clashed in Albania's capital on Wednesday in a second straight day of violence triggered by student protests calling for better university conditions and Prime Minister Edi Rama's resignation. Protesters formed makeshift barricades in the capital, Tirana, while riot police responded with water cannon, after street violence overnight left 16 people arrested and government buildings badly damaged.

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