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Fri, Jan 16, 2026 11:16 AM All times are UTC

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Alibaba Stock Surges on AI Chip Progress and Jack Ma’s Comeback Buzz

Sep 17, 2025 05:20 am UTC| Technology Business

Alibaba Group (NYSE: BABA; HKG: 9988) shares jumped 4.8% to HK$160.10 in Hong Kong on Wednesday, reaching their highest level since November 2021. The rally boosted the Hang Seng index by 1.5%, fueled by optimism over...

Australia Tests Bank-Owned Software for Teen Social Media Ban

Sep 17, 2025 05:17 am UTC| Governance Technology Business

Australia is preparing to enforce its world-first ban on teenagers using social media, set to begin in December, and banks may play an unexpected role. Major lenders are testing ConnectID, an identity verification tool...

China’s SMIC Trials First Domestic Advanced Chipmaking Equipment for AI Processors

Sep 17, 2025 01:02 am UTC| Technology Business

Semiconductor Manufacturing International Corp (HK:0981), Chinas largest chipmaker, is conducting trials on the countrys first domestically built advanced chipmaking equipment, according to the Financial Times. The...

China Backs TikTok Deal as U.S. Ownership Talks Advance

Sep 17, 2025 01:00 am UTC| Politics Business Technology

China has welcomed the framework deal to transfer TikToks U.S. assets to American ownership, calling it a win-win move that reflects mutual respect and cooperation. The agreement, reached in Madrid, would shift control of...

OpenAI Hires Former xAI CFO Mike Liberatore as Business Finance Chief

Sep 16, 2025 05:29 am UTC| Technology Business

OpenAI has appointed Mike Liberatore, former Chief Financial Officer at Elon Musks xAI, as its new business finance officer, according to a report by CNBC. Liberatore officially joined the Microsoft-backed artificial...

Oracle Emerges as Key Player in Potential TikTok Deal Amid U.S.-China Talks

Sep 16, 2025 05:03 am UTC| Business Technology

Oracle Corporation (NYSE: ORCL) is reportedly part of a consortium that could secure TikToks future in the U.S., according to CBS News. The framework deal, still under discussion between Washington and Beijing, may involve...

Google Commits £5 Billion to UK with New Data Centre and Shell Partnership

Sep 16, 2025 04:58 am UTC| Technology Business

Google has announced a 5 billion ($6.8 billion) investment in the United Kingdom, marking a major boost ahead of U.S. President Donald Trumps state visit. The funding includes the launch of a new data centre near London,...

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Economy

Australia Treasurer Backs RBA Governor’s Support for Fed Chair Jerome Powell Amid Independence Concerns

Australias Treasurer Jim Chalmers has publicly backed Reserve Bank of Australia (RBA) Governor Michele Bullock after she joined a group of global central bank leaders in expressing solidarity with U.S. Federal Reserve...

Asian Currencies Trade Narrowly as US Dollar Holds Near Six-Week High on Strong Data

Most Asian currencies traded within tight ranges on Friday, while the U.S. dollar remained firm near a six-week high, supported by strong U.S. economic data and fading expectations for imminent Federal Reserve rate cuts....

Canada–China Strategic Partnership Signals Reset With Historic Economic Potential

Canada and China are moving toward a renewed strategic partnership that could deliver historic economic gains by building on the complementary strengths of both nations, Canadian Prime Minister Mark Carney said during...

Malaysia Economy Posts Strong Q4 2025 Growth on Domestic Demand Boost

Malaysias economy recorded a solid expansion of 5.7% year-on-year in the fourth quarter of 2025, according to official advance estimates released on Friday, marking its fastest growth pace in more than a year. The robust...

Retail Investors Crowd Into Silver as Prices Surge to Record Highs

Individual investors are buying silver at an unprecedented pace, turning the metal into one of the most crowded commodity trades in global markets, according to a new report from Vanda Research. Over the past 30 days...

Politics

U.S. and Mexico Reaffirm Security Partnership Amid Calls for Stronger Border Action

Mexican Foreign Minister Juan Ramón de la Fuente and U.S. Secretary of State Marco Rubio held a high-level call on Thursday focused on security cooperation and the future of the U.S.-Mexico partnership, according to...

Former South Korean President Yoon Suk Yeol Faces Historic Court Ruling Over Failed Martial Law Attempt

Former South Korean President Yoon Suk Yeol is set to face his first court ruling on Friday in a landmark criminal case tied to his failed attempt to impose martial law, a political crisis that stunned the nation and drew...

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion

Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its Managing Director of India, signaling a major push into one of the worlds fastest-growing AI markets. The appointment...

TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) shares surged to a record high in Taipei trading on Friday, underscoring strong investor confidence driven by robust fourth-quarter earnings and sustained demand from the...

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...