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China’s Bank Lending Rebounds in May but Misses Forecasts Amid Weak Credit Demand

Jun 16, 2025 01:40 am UTC| Economy

Chinas new bank lending rebounded in May but remained weaker than expected, highlighting ongoing caution among businesses and consumers despite recent rate cuts and easing trade tensions. According to data from the Peoples...

U.S. Futures Rebound Ahead of Fed Decision Amid Israel-Iran Conflict

Jun 16, 2025 01:05 am UTC| Economy

U.S. stock index futures rose slightly Sunday evening, aiming to recover from last weeks selloff driven by escalating tensions between Israel and Iran. The rebound comes as investors shift focus to this weeks Federal...

Oil Prices Surge Amid Israel-Iran Tensions and Supply Disruption Fears

Jun 16, 2025 01:00 am UTC| Economy

Oil prices jumped in early Asian trading Monday after renewed military strikes between Israel and Iran sparked fears of a wider Middle East conflict and potential disruptions to global oil supply. Brent crude rose $1.70...

US-China Trade Talks Stall on Rare Earth and AI Export Dispute

Jun 16, 2025 00:58 am UTC| Economy Politics

The latest US-China trade talks in London yielded limited progress, leaving key export control issues unresolved. While both sides agreed to ease tariffs55% on Chinese goods and 10% on US goodscritical national...

UK and Canada Launch Trade Working Group Ahead of G7 Summit

Jun 16, 2025 00:08 am UTC| Politics Economy

Canada and the United Kingdom have announced the formation of a new Economic and Trade Working Group to boost bilateral trade ties. The agreement was reached ahead of the G7 Summit in Alberta, during British Prime Minister...

Albanese to Meet Trump at G7 Summit to Discuss AUKUS Pact and Tariffs

Jun 15, 2025 06:23 am UTC| Politics Economy

Australian Prime Minister Anthony Albanese will meet U.S. President Donald Trump on the sidelines of the upcoming Group of Seven (G7) summit in Canada, marking their first in-person meeting. Key topics will include the...

Israeli Strike Ignites Fire at Iran’s South Pars Gas Field, Halting Production

Jun 14, 2025 23:36 pm UTC| Economy Politics

Iran has partially suspended operations at the South Pars gas fieldits largest and the worlds biggestfollowing an Israeli airstrike that triggered a fire, according to semi-official Tasnim news agency. This marks the first...

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Economy

100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth

More than 100 major global companies, including Nestlé, Uber, IKEA, Volvo Cars, Iberdrola, Levi Strauss, Nikon Corporation, and Mahindra Group, are urging governments to place electrification at the heart of their...

Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty

The U.S. dollar remained largely stable on Monday after the first round of diplomatic talks between the United States and Iran concluded with signs of progress, although lingering geopolitical risks continued to keep...

China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery

Chinas central bank left its benchmark lending rates unchanged in June, marking the 13th consecutive month without an adjustment and reinforcing expectations that policymakers are not rushing to introduce additional...

US Stock Futures Recover as Iran Signals Progress in Peace Talks

U.S. stock index futures pared earlier losses on Sunday night after Iran reported progress in ongoing peace negotiations held in Switzerland, easing investor concerns about escalating geopolitical tensions in the Middle...

Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook

Gold prices moved higher on Monday as investors closely followed developments in U.S.-Iran negotiations and evaluated the future direction of U.S. monetary policy after the Federal Reserves recent hawkish stance. Spot gold...

Politics

US Military Strike on Suspected Drug Trafficking Vessel Leaves Two Dead in Caribbean

The U.S. military has confirmed that it carried out a strike on a vessel in the Caribbean Sea, resulting in the deaths of two individuals whom officials described as male narco-terrorists. The operation, announced by U.S....

Taiwan Launches Five-Day Combat Readiness Drill Amid Rising China Military Activity

Taiwans military will begin a five-day combat readiness exercise this week as part of its broader military modernization strategy aimed at improving war preparedness and strengthening defense capabilities against growing...

Pedro Sanchez’s Wife Ordered to Stand Trial in Spain Corruption Case

Spanish Prime Minister Pedro Sanchezs wife, Begoña Gomez, has been ordered to stand trial on corruption-related charges and has been barred from leaving Spain, according to a ruling issued by Judge Juan Carlos...

Moscow Downs Dozens of Ukrainian Drones as Airports Halt Flights Amid Escalating Attacks

Russias capital, Moscow, came under a major drone attack early Monday, with air defense systems intercepting nearly 60 Ukrainian drones heading toward the city, according to Mayor Sergei Sobyanin. The incident briefly...

China Adds MP Materials, USA Rare Earth to Export Control List Amid Escalating U.S.-China Trade Tensions

China has expanded its export control measures by adding two major U.S. rare earth companies, MP Materials Corp (NYSE: MP) and USA Rare Earth Inc (NASDAQ: USAR), to its export control list, according to a notice issued by...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SK Hynix Overtakes Samsung as South Korea’s Most Valuable Company

SK Hynix briefly surpassed Samsung Electronics in market capitalization on Monday, marking a historic milestone in South Koreas corporate landscape. The AI-driven semiconductor boom has propelled the memory chip giant to...

US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation

A potential easing of tensions between the United States and Iran is redirecting Washingtons attention toward major technology policy initiatives and executive actions, according to a new report from Wolfe Research. The...

Google’s Open-Source AI Data Center Cooling Design Raises Commoditization Concerns

Googles newly introduced open-source liquid-cooling design for AI data centers is drawing attention across the data center infrastructure industry, with analysts suggesting it could accelerate the commoditization of...

John Jumper Leaves Google DeepMind for Anthropic Amid Intensifying AI Talent Race

John Jumper, the Google DeepMind researcher who shared the 2024 Nobel Prize in Chemistry for his groundbreaking work on the AlphaFold artificial intelligence system, has announced that he is leaving Google DeepMind to join...

Trump Says Anthropic No Longer Seen as National Security Threat

U.S. President Donald Trump said he no longer views artificial intelligence company Anthropic as a national security threat, marking a significant shift from his stance just a week earlier. The comments came during an...
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