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Thu, Apr 02, 2026 03:52 AM All times are UTC

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Chinese Equities Surge on Stimulus Measures, Posting Strongest Weekly Gains Since 2008

Oct 02, 2024 03:45 am UTC| Economy

Last weeks surge in Chinese equities marked the strongest weekly performance since 2008 for the Shanghai Shenzhen CSI 300 index, following stimulus measures introduced by the countrys central bank and regulators. The...

FTSE China A50 Turns Neutral After Stimulus, U.S. Markets Trend Bullish: Citi

Oct 02, 2024 03:33 am UTC| Economy

Positioning in the FTSE China A50 index turned neutral last week after months of bearish sentiment, following Beijings recent stimulus package, according to Citigroup strategists. Both the FTSE China A50 and the Hang...

Goldman Sachs Increases 2025 Gold Price Forecast to $2,900 per Ounce

Oct 02, 2024 03:23 am UTC| Economy

Goldman Sachs has revised its gold price forecast for early 2025, raising the target to $2,900 per troy ounce from the previous $2,700. The investment bank cited two key factors for the increase: the anticipated decline in...

Global Geopolitics Series

Middle East Tensions Rattle Markets, Prompting Flight to Safe-Haven Assets

Oct 02, 2024 03:08 am UTC| Economy

Rising tensions in the Middle East have dampened investor confidence, triggering concerns about the impact on riskier assets, including the high-valued U.S. stock market. The uncertainty comes after reports of escalating...

S&P Global Downgrades Israel’s Credit Rating Amid Regional Tensions

Oct 02, 2024 02:53 am UTC| Economy

SP Global has downgraded Israels long-term credit rating from A+ to A, citing risks to the countrys economy and public finances from ongoing military conflicts, particularly those involving Gaza, and potential escalation...

Oil Prices Rise Amid Middle East Conflict, Heightening Supply Concerns

Oct 02, 2024 02:47 am UTC| Economy

Oil prices surged Wednesday as tensions flared in the Middle East, raising concerns over potential disruptions to global oil supplies. Brent crude futures rose 83 cents, or 1.13%, to $74.39 a barrel, while U.S. West Texas...

U.S. Stocks Decline as Middle East Tensions Rise; Defense and Energy Stocks Gain

Oct 02, 2024 02:38 am UTC| Economy

U.S. stocks ended lower on Tuesday as concerns over the conflict between Israel and Hezbollah, Iran-backed militants in Lebanon, raised market uncertainties. Reports of rising tensions in the Middle East prompted investor...

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Economy

U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address

U.S. stock index futures held steady Wednesday evening as investors turned their attention to a primetime address from President Donald Trump regarding a possible military de-escalation with Iran. The cautious tone in...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell

Oil prices continued their downward trend during Asian trading hours on Thursday, pressured by fading geopolitical risk and a larger-than-expected rise in American crude stockpiles. Brent crude futures for June delivery...

Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism

Gold prices climbed sharply on Wednesday, marking the sixth gain in eight sessions as easing geopolitical tensions between the United States and Iran renewed investor appetite for the precious metal. Spot gold XAU/USD rose...

South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures

South Koreas consumer inflation climbed at a slower-than-anticipated pace in March, offering mild relief even as surging global oil prices driven by the ongoing Iran war continued to weigh on the broader economy. The...

Politics

Congress Eyes Two-Bill Strategy to Resolve DHS Funding Crisis

Republican congressional leaders have unveiled a two-pronged legislative strategy to end the ongoing Department of Homeland Security funding deadlock, aiming to reopen the agency, ensure federal workers receive back pay,...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Science

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...