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Mon, Dec 22, 2025 08:48 PM All times are UTC

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F-35s and $500 Billion: U.S.-India COMPACT Sets Lofty Goals

Feb 17, 2025 05:16 am UTC| Economy

Indian Prime Minister Narendra Modi and U.S. President Donald Trump in February 2025 launched the U.S.-India COMPACT (Catalyzing Opportunities for Military Partnership, Accelerated Commerce Technology) for the 21st...

UK Business Confidence Plummets as Tax Hikes Loom

Feb 17, 2025 03:31 am UTC| Business Economy

British employers are bracing for rising costs and workforce cuts due to the governments payroll tax increase set for April, according to surveys by the Chartered Institute of Personnel Development (CIPD) and the...

China's Record Bank Loans in January Signal More Stimulus Amid Trade War

Feb 17, 2025 03:31 am UTC| Economy

Chinese banks issued a record 5.13 trillion yuan ($706.40 billion) in new loans in January, surpassing analyst expectations of 4.5 trillion yuan and quadrupling Decembers 990 billion yuan, according to the Peoples Bank of...

UK Housing Market Slows Amid Tax Hike Concerns

Feb 17, 2025 03:31 am UTC| Business Real Estate Economy

The surge in asking prices for newly listed homes in the UK has eased ahead of an upcoming property tax increase, according to Rightmoves latest survey. The property platform reported that average asking prices rose by...

Singapore’s Non-Oil Domestic Exports Decline 2.1% in January Amid Global Uncertainties

Feb 17, 2025 03:29 am UTC| Economy

Singapores non-oil domestic exports (NODX) fell 2.1% year-on-year in January 2025, driven by a decline in non-electronic shipments, according to data from Enterprise Singapore. This drop exceeded a Reuters poll forecast of...

Yen Gains on Robust GDP as Dollar Falters Amid Weak U.S. Data

Feb 17, 2025 03:29 am UTC| Economy

The Japanese yen strengthened 0.27% to 151.94 per dollar on Monday after Japans Q4 GDP data exceeded expectations, fueling speculation of further rate hikes by the Bank of Japan (BOJ) in 2024. Traders are now pricing in 35...

Japan's Q4 GDP Surges 2.8% YoY on Export Recovery

Feb 17, 2025 03:29 am UTC| Economy

Japans economy exceeded expectations in Q4 2024, with GDP rising 0.7% quarter-on-quarter, surpassing the forecasted 0.3% and improving from Q3s revised 0.4%. Year-on-year, GDP surged 2.8%, up from a revised 1.7% in the...

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Economy

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Kremlin Rejects U.S. Intelligence Claims on Putin’s Alleged Plans to Expand War Beyond Ukraine's

The Kremlin has firmly rejected claims attributed to U.S. intelligence suggesting that Russian President Vladimir Putin intends to seize all of Ukraine and potentially reclaim parts of Europe that were once under Soviet...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

Southeast Asian foreign ministers convened in Malaysia on Monday in a renewed diplomatic effort to restore a fragile ceasefire between Thailand and Cambodia after nearly two weeks of intense border fighting. The conflict,...

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...