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Mon, Dec 22, 2025 10:58 AM All times are UTC

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DOJ Halts Controversial Plan to Dismantle Tax Division Amid Backlash

Apr 22, 2025 09:19 am UTC| Governance Politics

The U.S. Department of Justice (DOJ) has abandoned a controversial plan to dismantle its Washington-based Tax Division and redistribute prosecutors to U.S. attorneys offices nationwide. The decision, revealed in an...

Paul Atkins Appointed as New SEC Chairman, Marking Return of Business-Friendly Leadership

Apr 22, 2025 09:18 am UTC| Politics

Paul Atkins, a former U.S. Securities and Exchange Commission (SEC) commissioner known for his pro-business stance, has officially been sworn in as the new SEC chairman. The SEC confirmed his appointment in a statement...

U.S. to Resume Student Loan Collections on May 5 After 5-Year Pause

Apr 22, 2025 09:18 am UTC| Governance Politics

The U.S. Department of Education announced it will restart federal student loan collections from borrowers in default starting May 5, ending a pause that began in 2020 due to the COVID-19 pandemic. This move affects over 5...

Trump Approval Rating Hits New Low Amid Power Consolidation Concerns

Apr 22, 2025 09:18 am UTC| Politics

President Donald Trumps approval rating has dropped to its lowest level since his return to the White House, according to a new Reuters/Ipsos poll. The nationwide survey, conducted over six days with 4,306 adults, shows...

China Imposes Sanctions on U.S. Officials Over Hong Kong Dispute

Apr 21, 2025 14:25 pm UTC| Politics Governance

BEIJING China has announced sanctions targeting several U.S. lawmakers, government officials, and heads of non-governmental organizations in retaliation for what it described as egregious behavior concerning Hong Kong....

JD Vance Visits India Amid U.S.-India Trade Talks and Growing Diplomatic Ties

Apr 21, 2025 14:24 pm UTC| Politics

U.S. Vice President JD Vance began a four-day visit to India on Monday, aiming to strengthen diplomatic and trade relations as both countries work toward a potential trade deal. Vance is scheduled to meet Prime Minister...

BOJ Governor Ueda Heads to Washington Ahead of Key Rate Review

Apr 21, 2025 14:24 pm UTC| Politics Central Banks

Bank of Japan (BOJ) Governor Kazuo Ueda is set to travel to Washington from Tuesday through Sunday to participate in the G20 finance ministers meeting and the International Monetary Fund (IMF) spring gatherings, the...

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Economy

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...

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

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...