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Thu, Jul 16, 2026 12:57 AM All times are UTC

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Gold Prices Surge Over 2% After U.S.-Israel Strikes on Iran Spark Safe-Haven Demand

Mar 02, 2026 00:52 am UTC| Economy

Gold prices jumped more than 2% during Asian trading on Monday as investors flocked to safe-haven assets following major U.S. and Israeli airstrikes on Iran. The attacks reportedly killed Irans Supreme Leader, Ayatollah...

Australia Housing Market Hits Record High Despite RBA Rate Hike

Mar 02, 2026 00:50 am UTC| Economy

Australias housing market extended its upward momentum in February, with national home prices climbing to a new record high despite the Reserve Bank of Australias recent interest rate increase. According to fresh data from...

China’s New Home Prices Post Sharpest Drop Since 2022 Amid Ongoing Property Slump

Mar 01, 2026 09:17 am UTC| Economy

Chinas new home prices recorded their steepest decline in more than three years in February, highlighting the persistent weakness in the countrys property market despite continued policy support. According to data released...

Strait of Hormuz LNG Crisis Triggers Global Energy Market Shock

Mar 01, 2026 09:02 am UTC| Economy

The global energy market is facing its most serious disruption since the Ukraine invasion, as escalating tensions involving Iran have effectively halted traffic through the Strait of Hormuz. This narrow waterway is the...

Trump Warns Iran as Gulf Conflict Disrupts Oil Markets and Global Trade

Mar 01, 2026 09:01 am UTC| Politics Business Economy

U.S. President Donald Trump has issued a stern warning to Iran, cautioning against further retaliatory attacks targeting the United States and its Middle East allies. In a recent Truth Social post, Trump stated that any...

Strait of Hormuz Oil and LNG Shipments Disrupted After U.S.-Israel Strikes on Iran

Mar 01, 2026 00:16 am UTC| Economy

Global oil and liquefied natural gas (LNG) shipments through the Strait of Hormuz have been disrupted after the United States and Israel launched attacks on Iran, prompting Tehran to declare the strategic waterway closed....

MOEX Russia Index Hits 3-Month High as Energy Stocks Lead Gains

Mar 01, 2026 00:08 am UTC| Economy

Russian stocks closed mixed on Saturday, with the MOEX Russia Index finishing flat but reaching a new three-month high. Despite ending the session unchanged at 0.00%, investor sentiment remained supported by strong...

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Economy

Port of Los Angeles Posts Record June Cargo Volume as Importers Rush Ahead of U.S. Tariffs

The Port of Los Angeles handled a record amount of cargo in June as importers accelerated shipments ahead of higher fuel costs and new U.S. tariffs, highlighting continued strength in U.S. trade activity despite growing...

ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain

The European Central Bank (ECB) does not currently see evidence that the U.S.-Israeli conflict with Iran is triggering broader inflationary pressures across the euro area, although policymakers remain alert to potential...

Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions

Asian stock markets traded mostly higher on Wednesday after weaker-than-expected U.S. inflation data eased expectations of a near-term Federal Reserve interest rate hike, although escalating tensions in the Middle East...

Asian Currencies Stay Rangebound as Middle East Tensions, Weak China GDP Weigh on Sentiment

Most Asian currencies traded in narrow ranges on Wednesday as investors remained cautious over escalating tensions in the Middle East and weaker-than-expected Chinese economic growth, despite a softer U.S. dollar following...

China Home Prices Fall Again in June Despite Slower Pace of Decline

Chinas new home prices continued to decline in June, highlighting the ongoing challenges facing the countrys property market despite signs that the pace of deterioration is easing. Official data released by the National...

Politics

Russian Missile Strike Sparks Fires in Kyiv After Early Morning Air Alert

Russian missiles struck at least two districts in Ukraines capital, Kyiv, early Thursday, igniting fires and prompting authorities to issue an air raid alert before declaring the immediate danger over. Kyiv Mayor Vitali...

Senate Weighs Permanent Daylight Saving Time Bill as Support Remains Uncertain

The U.S. Senate is reviewing legislation that would make daylight saving time permanent nationwide, but Senate Majority Leader John Thune said it remains uncertain whether the proposal has enough support to pass the...

Trump Slams New York Data Center Ban, Warns AI Investment Could Shift to Other States

U.S. President Donald Trump sharply criticized New Yorks new one-year moratorium on large-scale data center construction, arguing that the move will discourage investment, eliminate jobs, and weaken the states position in...

Trump Expands U.S. Strikes on Iran, Warns Attacks Will Continue Until Nuclear Deal

The United States launched a new wave of military strikes against Iran on Wednesday, intensifying its campaign against Tehran as President Donald Trump warned that attacks would continue until Iran agreed to negotiate. The...

Trump ICC Sanctions Challenged as Advocacy Groups File Free Speech Lawsuit

Two U.S.-based advocacy organizations have filed a lawsuit against the Trump administration, arguing that sanctions targeting the International Criminal Court (ICC) violate First Amendment free speech protections. The...

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

xAI Sues Man for Allegedly Using Grok to Generate AI Child Abuse Deepfakes

Elon Musks artificial intelligence company xAI has filed a federal lawsuit against a South Carolina man accused of using its Grok chatbot to generate child sexual abuse material (CSAM) and non-consensual explicit...

Apple Intelligence Cleared for China as Alibaba and Baidu AI Power iPhone Features

Apple has moved a step closer to launching Apple Intelligence in China after the countrys cyberspace regulator officially registered the companys on-device generative AI service for use on iPhones. The approval marks a...

Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI

Alibaba Group shares climbed about 5% in U.S. premarket trading on Wednesday after Chinese regulators approved Apples on-device artificial intelligence platform for launch in China, marking a major step for the iPhone...

ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings

ASML Holding (AS: ASML) reported stronger-than-expected second-quarter 2026 earnings on Wednesday, fueled by robust demand for artificial intelligence (AI) chip manufacturing equipment and higher sales from its installed...

Trump Administration Launches AI Cybersecurity Partnership to Protect Critical Infrastructure

The Trump administration is launching a new initiative to strengthen U.S. cybersecurity by bringing together leading artificial intelligence developers and operators of critical infrastructure to identify and address...