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Gold Prices Slip in Asia as Iran Strait Deadline Looms

Apr 06, 2026 04:31 am UTC| Economy

Gold prices retreated in Asian trading on Monday following a strong weekly performance, with investors closely watching escalating tensions between the United States and Iran over control of the Strait of Hormuz. Spot gold...

Strait of Hormuz Crisis Fuels Oil Surge as Asian Markets Brace for Impact

Apr 06, 2026 04:05 am UTC| Economy

Asian markets opened with a cautious tone Monday as geopolitical tensions in the Middle East continued shaking investor confidence. U.S. President Donald Trumps stern warning to Iran threatening devastating military...

Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation

Apr 06, 2026 03:52 am UTC| Economy

Global currency markets opened cautiously on Monday as the U.S. dollar maintained its footing while the Japanese yen hovered dangerously close to the psychologically significant 160-per-dollar threshold. Thin trading...

Trump-Xi Summit 2026: U.S.-China Trade War Tensions and Tariff Talks

Apr 06, 2026 01:14 am UTC| Politics Economy

U.S. President Donald Trump is scheduled to meet Chinese President Xi Jinping in May 2026 during his first trip to China in eight years a high-stakes diplomatic visit arriving amid one of the most turbulent periods in...

U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump

Apr 06, 2026 01:06 am UTC| Economy

U.S. stock index futures pulled back Sunday night as geopolitical tensions in the Middle East intensified, pushing oil prices sharply higher after President Donald Trump issued a military ultimatum to Iran over access to...

Strait of Hormuz Disruption Sparks Global Oil Supply Fears

Apr 06, 2026 00:58 am UTC| Economy Insights & Views

Growing concerns over a potential global oil shortage have resurfaced as escalating Middle East tensions disrupt energy shipments through the Strait of Hormuz, one of the worlds most strategically vital oil transit routes....

Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply

Apr 06, 2026 00:57 am UTC| Economy

Global oil prices climbed sharply on Monday following the Easter holiday weekend, driven by escalating tensions between the United States, Israel, and Iran that continue to rattle international energy markets. The ongoing...

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Economy

US Stock Futures Mixed as Fed Rate Hike Bets Rise

U.S. stock futures traded mixed Tuesday as Wall Street returned from the Labor Day holiday, with investors weighing stronger employment data, rising oil prices and growing expectations that the Federal Reserve could raise...

China Exports Surge 25% in August as Trade Surplus Hits $119 Billion

Chinas exports posted another strong increase in August, while imports exceeded market expectations, highlighting resilient trade activity despite signs of weakness in the worlds second-largest economy. Official customs...

Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets

Japans economy expanded faster than previously estimated in the second quarter, signaling that the recovery maintained momentum despite subdued household spending and weaker business investment. Gross domestic product grew...

Gold Prices Rise as Yen Rally Weakens Dollar

Gold prices moved higher on Tuesday as a strong rally in the Japanese yen pressured the U.S. dollar, boosting demand for dollar-denominated bullion. Gains remained limited, however, as rising energy prices fueled concerns...

South Korea GDP Surges on Chip and AI Boom

South Koreas nominal GDP recorded its fastest annual growth in nearly 47 years during the second quarter of 2026, fueled by strong semiconductor exports and rising artificial intelligence investment, according to Bank of...

Politics

Japan, U.S. Stay Aligned on Yen as Currency Surges

Japanese Finance Minister Satsuki Katayama said Tuesday that Japan and the United States remain closely aligned on foreign exchange policy, reaffirming their commitment to maintaining stability in currency markets as the...

Kyiv Mothers Give Birth Amid Russian Drone Attacks

Women in Kyiv are giving birth under the constant threat of Russian drone attacks, highlighting how Ukraines escalating air war is reshaping everyday life and deepening the countrys demographic crisis. Alyona Bohatyrenko,...

Iran Plans New Gulf Restricted Zone as Hormuz Tensions Push Oil Higher

Iran plans to establish a new restricted zone in the Gulf and introduce shipping routes through the Strait of Hormuz, escalating tensions after renewed U.S.-Iran strikes disrupted maritime traffic and pushed oil prices...

Iran Vows Tougher Response as U.S. Sanctions Squeeze Economy

Iran pledged to intensify efforts to counter mounting U.S. sanctions and economic pressure, while a senior official warned Washington that any further attacks would trigger a faster and more severe Iranian response. Six...

EU to Boost Greenland Investment Amid Trump Pressure

European Commission President Ursula von der Leyen is expected to announce a major increase in EU investment in Greenland on Monday, strengthening economic and political ties as U.S. President Donald Trump continues to...

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

Anthropic Drops $6 Billion Decart AI Acquisition Talks

Anthropic has reportedly abandoned plans to acquire artificial intelligence startup Decart AI after exploring a potential transaction valued at roughly $6 billion, according to Bloomberg News. The maker of the Claude AI...

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...

Nvidia CEO Says AGI Has Arrived With OpenAI GPT-6 Astra

Nvidia (NASDAQ: NVDA) CEO Jensen Huang has declared that artificial general intelligence, or AGI, has arrived, pointing to OpenAIs newly launched GPT-6 Astra as a major milestone in the accelerating development of...

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...
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