BOJ to Hold Rates Steady Amid Tariff Uncertainty, May Cut Growth Outlook

The Bank of Japan (BOJ) is expected to keep its short-term interest rate unchanged at 0.5% on Thursday, while cutting its economic growth forecasts due to rising uncertainty from U.S. tariffs under President Donald Trump....

Japan’s Factory Activity Contracts for 10th Month as Export Demand Weakens

Japans manufacturing sector shrank for the 10th consecutive month in April, as global demand softened and concerns over U.S. trade tariffs intensified. The final au Jibun Bank Japan Manufacturing Purchasing Managers Index...

Oil Prices Rebound Slightly After Sharp Drop on Saudi Supply Signals

Oil prices edged higher on Thursday following a steep decline the previous day, as investors weighed signals of potential increased output from Saudi Arabia and a weaker U.S. economic outlook. Brent crude futures rose by...

Dollar Stabilizes Amid Trade War Easing Hopes and Yen Waits on BOJ Decision

The U.S. dollar held steady on Thursday, shrugging off weak domestic data as markets turned hopeful over signs of easing global trade tensions. Despite suffering its steepest monthly decline in over two years through...

U.S. Warns Iran Over Houthi Support Amid Ongoing Nuclear Talks

U.S. Defense Secretary Pete Hegseth issued a stern warning to Iran on Wednesday over its support for Yemens Houthi rebels, even as indirect nuclear negotiations between the two nations continue. Speaking via X (formerly...

Singapore PM Urges Support for Trusted Team Ahead of May 3 Election

Singapore Prime Minister Lawrence Wong has urged voters to re-elect his cabinet in the May 3 general election, emphasizing the need for experienced leaders with strong ties to both the U.S. and China. Addressing 1.4...

Australia’s Labor Government Poised for Narrow Election Win Amid Trump Policy Backlash

Australias center-left Labor government appears on track to secure re-election in a tightly contested national vote this weekend, according to two opinion polls released Thursday. A RedBridge-Accent poll conducted April...

Trump Administration Open to Boosting North American Manufacturing with Canada’s PM Carney

The Trump administration is prepared to collaborate with Canadas newly appointed Prime Minister Mark Carney to strengthen North American manufacturing, according to U.S. Trade Representative Jamieson Greer. In a televised...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Amazon Launches Nova Premier AI to Compete with GPT-4o and Gemini

Amazon (NASDAQ:AMZN) has unveiled Nova Premier, its most advanced artificial intelligence model to date, at the AWS re:Invent conference, signaling a bold push into the competitive generative AI market. Delivered through...

Xiaomi Unveils MiMo AI Model, Shares Surge 5% on Breakthrough Launch

Xiaomi Corp (HK:1810) launched its first open-source large language model, MiMo, on Wednesday, marking its official entry into the competitive artificial intelligence space. The debut sent Xiaomis Hong Kong-listed shares...

Alibaba Launches Qwen 3 AI Model Amid Intensifying China Tech Competition

Chinese tech giant Alibaba Group (NYSE:BABA) unveiled Qwen 3 on Tuesday, a next-generation AI model featuring hybrid reasoning capabilities aimed at boosting performance and adaptability. The move underscores Alibabas...

Amazon Enters Satellite Internet Race with First Kuiper Deployment

Amazon (NASDAQ:AMZN) has officially entered the satellite broadband market with the successful launch of 27 operational satellites for Project Kuiper, its high-speed internet initiative aimed at rivaling SpaceXs Starlink....