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Thu, Apr 30, 2026 04:33 AM All times are UTC

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US imposes more restrictions on Huawei suppliers

Mar 12, 2021 00:00 am UTC| Business

The Biden administration further restricted US companies from selling 5 G-related items to Chinas Huawei Technologies Co by amending their licenses. The amendment would make the licenses more consistent with the tougher...

Boeing selling dozens of 737 MAX 7 to Southwest Airlines

Mar 11, 2021 23:59 pm UTC| Business

Boeing Co is close to selling dozens of its 737 MAX 7 jets to Southwest Airlines Co, that includes potentially significant options. Each 737 MAX 7has a listed price of around $100 million, though it sells for less than...

EV start-up Canoo to offer pod-like electric pickup in 2023

Mar 11, 2021 23:58 pm UTC| Business

Los Angeles-based electric vehicle startup Canoo Inc will introduce an American-built pod-like electric pickup truck in the first quarter of 2023 and would begin taking pre-orders in the second quarter of 2021. Canoo...

Roblox shares soar 54% in NYSE debut, valued at $45.2 billion

Mar 11, 2021 23:56 pm UTC| Business

Shares of US gaming company Roblox Corp closed at $69.47 in its New York Stock Exchange trading debut, up by 54.4 percent from the reference price of $45, valuing the company at $45.2 billion. The San Mateo,...

Container ships face longer turnaround at Singapore ports due to increased vessel calls, container volumes

Mar 11, 2021 23:54 pm UTC| Business

Container vessels at Singapores port now need to wait five to seven days for a turnaround, up from a two-day maximum for ultra-large 18,000 TEU vessel, due to a recent surge in vessel calls and container volumes. There...

SK vows to reject LG's resolution offer if its means discontinuation or reduced US business

Mar 11, 2021 23:53 pm UTC| Business

SK Innovation Co Ltd vowed not to accept any proposal by rival LG Energy Solution to resolve their legal dispute if it would result in crippling its business in the US. LG reportedly proposed settlement terms to SK,...

Kumho Tire to expand its plant in Vietnam with $297.6 million investment

Mar 11, 2021 11:56 am UTC| Business

Kumho Tire revealed this week that it would be investing KRW340 billion won or around $297.6 million to expand its plant in Vietnam. This move will allow the company to double its production capacity. The reason behind...

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Economy

Dollar Holds Near Two-Week High as Fed Hawkish Shift Lifts Yields, Yen Near Intervention Zone

The U.S. dollar remained close to its strongest level in more than two weeks on Thursday, supported by a hawkish shift from Federal Reserve policymakers that pushed Treasury yields to a one-month high. Currency markets are...

US Stock Futures Mixed as Fed Holds Rates, Oil Prices Surge, and Big Tech Earnings Drive Market Moves

U.S. stock index futures traded mixed on Wednesday evening as investors reacted to the Federal Reserves latest policy decision, rising oil prices, and a fresh round of earnings from major technology companies. Market...

China Factory Activity Extends Growth in April Despite Global Pressures

Chinas manufacturing sector continued to expand for a second consecutive month in April, signaling resilience in the worlds second-largest economy despite ongoing global uncertainties. According to official data from the...

AI Stocks Rally in Asia as Oil Surge and Hawkish Central Banks Shake Global Markets

Asian markets showed resilience on Thursday as AI-related stocks climbed following strong earnings from major U.S. tech firms, even as rising oil prices and tightening monetary policy pressured global bonds and currencies....

China Manufacturing PMI Beats Forecasts in April Amid Weak Domestic Demand

Chinas manufacturing sector showed modest growth in April, surpassing expectations, but broader economic momentum remained uneven due to weak domestic demand and slowing non-manufacturing activity. According to data...

Politics

US House Advances $70 Billion Immigration Enforcement Budget Plan

The U.S. House of Representatives has approved a three-year budget framework that could unlock an additional $70 billion for immigration enforcement, marking a significant step in shaping future border security policies....

Trump to Receive Briefing on Potential U.S. Military Action Against Iran

U.S. President Donald Trump is expected to receive a high-level security briefing on Thursday regarding new military options targeting Iran, according to a report by Axios citing unnamed sources. The briefing will be led...

Taiwan Independence Explained: History, Status, and Rising China Tensions

Taiwan independence remains a highly debated issue in global politics, especially as tensions between China and the United States continue to shape international relations. The topic is expected to feature prominently in...

Taiwan Activates Backup Communications After Undersea Cable Break on Dongyin Island

Taiwan has activated emergency backup communications for Dongyin, its northernmost and strategically important island, after an undersea cable was damaged due to shifting shipwreck debris caused by severe weather. The...

US-China Talks Put Taiwan at Center of Rising Geopolitical Tensions

A high-stakes diplomatic meeting between the United States and China is drawing global attention, with Taiwan emerging as a central issue that could reshape regional stability. As U.S. President Donald Trump prepares for a...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

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 Mission: First Crewed Lunar Journey Since Apollo

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...

Technology

Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings

Meta Platforms has increased its full-year capital expenditure guidance for 2026, signaling continued aggressive investment in artificial intelligence infrastructure despite rising costs and market concerns. The company...

Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges

Amazon (AMZN) shares slipped 2.6% in after-hours trading on Wednesday, even after the company delivered record-breaking quarterly earnings that exceeded Wall Street expectations. The decline reflects investor concerns over...

Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance

Alphabet Inc. delivered an impressive first-quarter performance, surpassing Wall Street expectations with strong growth driven by its Cloud division and core Search business. The tech giant reported adjusted earnings per...

Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat

Qualcomm Inc. (NASDAQ: QCOM) shares climbed sharply on Wednesday, closing up 9% after a volatile trading session triggered by its fiscal second-quarter 2026 earnings report and softer-than-expected forward guidance. The...

Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition

Microsoft has projected stronger-than-expected growth for its Azure cloud business, signaling continued momentum in the competitive cloud computing and artificial intelligence market. The company announced it expects Azure...