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Taiwan Criticizes New U.S. Tariffs, Cites Impact of Tech Curbs on China

Apr 03, 2025 11:02 am UTC| Business Politics

Taiwans government has condemned new U.S. tariffs as unreasonable and vowed to engage in talks with Washington to protect its interests. The tariffs, announced by President Donald Trump, impose a 32% duty on Taiwanese...

Nintendo Switch 2 Launches June 5 at $449.99 with Major Upgrades

Apr 03, 2025 11:02 am UTC| Technology Business

Nintendo (NYSE:SWCH) has officially announced the launch of its next-generation gaming console, the Switch 2, set for release on June 5. Priced at $449.99 in the U.S., the highly anticipated device features significant...

Mitsubishi to Invest $27B Over Three Years, Targets $8B Profit by FY2027

Apr 03, 2025 11:02 am UTC| Business

Japanese trading giant Mitsubishi Corp announced plans to invest at least 4 trillion yen ($27 billion) over the next three years to drive growth and innovation. The company aims to boost its net profit to 1.2 trillion yen...

Apple Faces Margin Pressure Amid Trump’s China and India Tariffs

Apr 03, 2025 11:02 am UTC| Business

Apple Inc. (NASDAQ: AAPL) is under pressure as new U.S. tariffs introduced by President Donald Trump threaten to significantly impact the tech giants gross margins. According to Citi, over 90% of Apples manufacturing takes...

Elon Musk’s Possible Exit from DOGE Seen as Bullish Signal for Tesla Stock

Apr 03, 2025 11:01 am UTC| Politics Business

Tesla Inc. (NASDAQ: TSLA) could benefit significantly from Elon Musks rumored departure from his role at the Department of Government Efficiency (DOGE), according to Wedbush analysts. Musk, who has been at the forefront of...

BHP Weighs Iron Ore and Coal Spin-Off Amid Strategic Pivot to Copper and Potash

Apr 03, 2025 11:01 am UTC| Business

BHP Group (NYSE: BHP), the worlds largest listed miner, considered spinning off its Australian iron ore and coal operations to sharpen its focus on future-facing commodities like copper and potash, according to sources...

Hyundai Rules Out U.S. Price Hike Despite New Tariffs

Apr 03, 2025 11:01 am UTC| Business

Hyundai Motor (OTC:HYMTF) has confirmed it will not raise vehicle prices in the U.S. market, despite the Biden administrations recent announcement of 25% tariffs on imported vehicles and parts. Speaking at a motor show in...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...