Bank of Japan to Hold Rates Steady Amid U.S. Tariff Risks and Weak Yen Pressures

The Bank of Japan (BOJ) is expected to keep interest rates steady on Thursday, signaling caution as U.S. tariffs continue to threaten Japans fragile economic recovery. Governor Kazuo Ueda, after meetings in Washington...

ECB Faces Complex June Decision Amid U.S. Tariff Inflation Risks

The European Central Bank (ECB) faces a complicated decision at its upcoming June meeting, as policymakers weigh inflation risks stemming from U.S. tariffs, Dutch central bank governor Klaas Knot said in an interview with...

China Confident of 5% Growth Target for 2025 Amid Global Challenges

Chinas National Development and Reform Commission (NDRC) expressed strong confidence in achieving the nations 2025 economic growth target of around 5%. Zhao Chenxin, vice chair of the NDRC, stated at a press conference on...

China’s Gold Consumption Drops as Investors Flock to Bullion in Q1 2025

Chinas gold consumption fell 5.96% year-on-year to 290.492 tons in the first quarter of 2025, according to the China Gold Association, as high gold prices dampened demand for traditional jewellery. The surge in gold prices...

U.S. Urges Calm Amid Rising India-Pakistan Tensions Following Kashmir Attack

The U.S. State Department said Sunday it is engaging with India and Pakistan to encourage a responsible resolution after a deadly militant attack in Kashmir heightened tensions between the two nations. India blamed...

Trump’s Global Impact Boosts Albanese Ahead of Australia’s Election

In Sydneys affluent Bondi Junction, early voters said Donald Trump and the global economy influenced their choices ahead of Australias May 3 national election. Prime Minister Anthony Albanese and the ruling Labor Party are...

Bessent Says No Confirmation on Trump-Xi Talks as U.S.-China Trade Tensions Escalate

U.S. Treasury Secretary Scott Bessent said on Sunday he was unaware if President Donald Trump had spoken with Chinese President Xi Jinping, nor could he confirm whether formal trade negotiations were underway. Speaking...

Japan Denies U.S. Pushed for Weak Dollar, Strong Yen at Finance Talks

Japans top currency official on Monday denied reports that U.S. Treasury Secretary Scott Bessent advocated for a weak dollar and strong yen during recent bilateral talks. Atsushi Mimura, Japans vice finance minister for...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...

Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Nvidia Shares Dip as Huawei Tests Rival AI Chip

Nvidia Corporation (NASDAQ: NVDA) slipped in after-hours trading on Sunday, following reports that Chinas Huawei is testing a powerful artificial intelligence chip aimed at challenging Nvidias dominance. NVDA shares fell...

Huawei Challenges Nvidia with New Ascend 910D AI Chip Amid U.S. Export Curbs

Huawei Technologies is preparing to launch its most advanced artificial intelligence processor yet, the Ascend 910D, aiming to compete with Nvidias high-end chips, according to a Wall Street Journal report. Sample batches...

China Accelerates AI Self-Reliance Amid Nvidia H20 Chip Ban

The U.S. move to tighten export controls on Nvidias H20 chips is adding pressure to Chinas AI sector, but immediate disruption appears limited as domestic firms rapidly pivot to local alternatives. Analysts at Bernstein...

Nintendo Unveils Switch 2 Amid Tariff Concerns and Soaring Demand

Nintendo offered fans an early hands-on experience with its new Switch 2 console at an event near Tokyo on Saturday, as concerns grow that tariffs could push prices higher. Since Mr. Trump became president, tariffs have...