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Tue, Apr 07, 2026 02:14 AM All times are UTC

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Malaysia Slows Data Centre Boom Amid U.S.-China Tech Tensions

Sep 12, 2025 04:02 am UTC| Economy

Malaysia, once a hotspot for data centre investments, is reining in expansion as it faces power and water constraints and rising geopolitical pressure. The country has attracted major players like Microsoft, Amazon,...

Asian Currencies Edge Higher as Dollar Weakens Ahead of Fed Decision

Sep 12, 2025 04:00 am UTC| Economy

Most Asian currencies gained modestly on Friday, while the U.S. dollar nursed losses as traders maintained bets on an interest rate cut by the Federal Reserve next week. Despite hotter-than-expected U.S. consumer inflation...

U.S. and Japan Reaffirm Market-Driven Exchange Rate Policy Amid Trade Talks

Sep 12, 2025 03:58 am UTC| Politics Economy

The United States and Japan reaffirmed their commitment to market-determined exchange rates in a joint statement, stressing that foreign exchange interventions should only be used to curb excessive volatility. The...

Asian Stocks Surge as Fed Rate Cut Bets Boost Global Markets

Sep 12, 2025 02:59 am UTC| Economy

Asian stock markets climbed on Friday, mirroring Wall Street gains, as expectations of multiple U.S. Federal Reserve rate cuts lifted investor sentiment worldwide. Lower borrowing costs are seen as a major relief for...

Dollar Weakens as Fed Rate Cut Bets Intensify Amid Jobless Claims Surge

Sep 12, 2025 02:56 am UTC| Economy

The U.S. dollar came under pressure on Friday as a jump in jobless claims and steady inflation data reinforced expectations of Federal Reserve interest rate cuts next week. The dollar index slipped to 97.585, heading for a...

US Pushes G7 to Impose Tariffs on India and China Over Russian Oil Purchases

Sep 12, 2025 02:54 am UTC| Politics Economy

The United States is urging G7 countries to impose steep tariffs on India and China for continuing to buy Russian oil, according to the Financial Times. Washington hopes the move will pressure Moscow into peace talks with...

Oil Prices Slip on Weak Demand Outlook and Rising Supply

Sep 12, 2025 02:47 am UTC| Economy

Oil prices fell in Asian trade on Friday as weak demand signals and oversupply concerns pressured the market, though both benchmarks remained on track for modest weekly gains. Brent crude futures dropped 0.5% to $66.03 a...

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Economy

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110

Oil prices briefly surged past $110 per barrel on Monday after President Donald Trump escalated military and diplomatic pressure on Iran, demanding the reopening of the Strait of Hormuz by Tuesday evening or face strikes...

Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

Asian currencies struggled to find clear direction on Monday as the US dollar remained resilient, with investors carefully weighing escalating geopolitical risks in the Middle East against emerging ceasefire diplomacy. The...

Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

The Bank of Japan has raised concerns about the potential deterioration of regional economies, citing escalating oil prices and supply chain disruptions linked to ongoing conflict in the Middle East. In its latest...

India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

Indias services sector expanded at its slowest pace in 14 months during March, as the ongoing Middle East conflict weighed on domestic demand and cost pressures intensified sharply, according to the latest HSBC India...

Politics

Indonesia Files Genocide Case Against Myanmar's Min Aung Hlaing Over Rohingya Crisis

A coalition of civil society organizations filed a landmark criminal complaint in Indonesia on Monday against Myanmars newly elected President Min Aung Hlaing, accusing him of committing genocide against the Rohingya...

Ukrainian Drone Strikes Hit Novorossiysk, Injuring Eight and Cutting Power Across Russia

At least eight people, including two children, were injured Monday after Ukrainian drones struck Novorossiysk, a major Russian Black Sea port city. Local authorities confirmed that several residential buildings sustained...

Trump Endorses Steve Hilton for California Governor

Donald Trump has thrown his full support behind Steve Hilton, a Fox News host and former British government official, in Californias upcoming gubernatorial race. Announcing his endorsement on Truth Social, Trump expressed...

Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

Science

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...

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...

Technology

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...