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Fri, Sep 18, 2026 09:37 AM All times are UTC

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U.S. under Trump Series: U.S. services could fall victim of trade war

Jul 18, 2018 08:30 am UTC| Commentary Economy

Despite market optimism being reflected through the stock market rise, the trade war initiated by the U.S. President Donald Trump continues under the rug. Since President Trump announced 25 percent tariffs on all steel...

New Zealand bonds gain at close despite improvement in global dairy prices at latest GDT auction

Jul 18, 2018 06:36 am UTC| Commentary Economy

New Zealand bonds closed higher Wednesday as investors have largely shrugged-off the improvement in global dairy prices, albeit still in red, at the countrys latest GlobalDairyTrade (GDT) price auction, held...

New Zealand bonds gain at close despite improvement in global dairy prices at latest GDT auction

Jul 18, 2018 06:36 am UTC| Commentary Economy

Japanese bonds tad lower on hopes of improvement in June trade balance, national core CPI

Jul 18, 2018 05:21 am UTC| Commentary Economy

The Japanese government bonds remained tad lower Wednesday as investors hope to see an improvement in the countrys trade balance data for the month of June and national consumer price inflation data for the same period,...

Australian 2-year bond yield hits 1-month high tracking U.S. Treasuries; June employment report in focus

Jul 18, 2018 04:15 am UTC| Commentary Economy

Australian government bonds traded narrowly mixed on Wednesday ahead of the June employment report. But, following the weakness in the U.S. Treasuries after Federal Reserve Chair Jerome Powell upbeat testimony to Congress,...

How rising inequality is stalling economies by crippling demand

Jul 17, 2018 14:15 pm UTC| Insights & Views Economy

Rising inequality is a concern across the developed economies, including Australia where top earners pay has soared to a 17-year high while ordinary workers wage growth has been the lowest on record. And thats ultimately...

U.S. 2-year Treasury yield trades at decade high on rising Fed rate hike expectations; markets eye Chair Powell’s testimony

Jul 17, 2018 11:24 am UTC| Commentary Economy

The U.S. 10-year Treasuries remained flat on Tuesday as investors wait to watch Federal Reserve Chair Jerome Powells testimony in front of the Congress, scheduled to be held today by 14:00GMT. However, the countrys 2-year...

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Economy

Bessent Presses Japan on Fiscal Policy as Yen Struggles

U.S. Treasury Secretary Scott Bessent has pushed Japan to tighten fiscal policy and support higher interest rates as Washington and Tokyo work to stabilize the yen and limit risks in global bond markets. Japanese Finance...

Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High

Asian currencies traded mixed on Friday, with the Japanese yen weakening despite a Bank of Japan interest rate hike, while a hawkish Federal Reserve outlook kept the U.S. dollar supported near a seven-week high. The U.S....

Asian Gold Stocks Rise as Bullion Rebounds on Softer Dollar

Asian gold stocks advanced on Friday as bullion extended its recovery from a nearly six-week low, supported by falling oil prices, lower Treasury yields and a weaker U.S. dollar. However, expectations for additional...

Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed

Venezuelas government and opposition are nearing an agreement to transfer roughly $4 billion worth of the countrys gold reserves from the Bank of England to the Federal Reserve Bank of New York, potentially ending a...

Yen Sinks as BOJ Rate Hike Fails to Impress Markets

The Japanese yen weakened sharply against major currencies on Friday after the Bank of Japans widely expected interest rate hike failed to impress currency markets. The yen fell as much as 0.8% to 157.145 per U.S. dollar,...

Politics

South Korea’s Lee Rules Out Military Role in Middle East War

South Korean President Lee Jae Myung said Friday that Seoul will not deploy military forces to the Middle East in any capacity that could pull the country into war, while confirming that officials are considering a greater...

Najib Razak Granted House Arrest Until 2028

Malaysias pardons board has agreed to allow jailed former Prime Minister Najib Razak to serve the remainder of his prison sentence under house arrest, according to a statement from the prime ministers legal department on...

Houthis Seize Bab el-Mandeb as Military Power Grows

Yemens Houthi movement has strengthened its position as a major regional military force after a rapid offensive gave it control of the strategically important Bab el-Mandeb Strait, a critical passage connecting the Red Sea...

Pentagon Restarts Testosterone Testing for US Troops

The Pentagon is reinstating mandatory testosterone deficiency screening for U.S. service members aged 30 and older, reviving a controversial military health policy that has drawn concerns from medical professionals over...

Kim Yo Jong Warns of Stronger Response to US-Led Military Drills

North Koreas Kim Yo Jong has blamed US-led military exercises for escalating tensions on the Korean Peninsula, warning that Pyongyang will continue strengthening its nuclear deterrent and could take more forceful...

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

Apple Pay Set for India Launch With Axis Bank

Apple is preparing to launch Apple Pay in India next month, initially partnering with Axis Bank to support the lenders credit cards, according to three people familiar with the plans. The rollout would bring Apples digital...

Hyundai CEO Warns Chinese Automakers Could Disrupt US Market

Hyundai Motor CEO Jose Munoz warned that Chinese automakers could eventually reshape the US auto market as they have in Europe unless Washington maintains tariffs and other market-access protections. Speaking in San Jose,...

US Federal Register Drops Alibaba Qwen AI Search Tool

A U.S. government website used an artificial intelligence model developed by Chinas Alibaba to help users search federal regulatory information, despite recent U.S. concerns about Chinese AI companies and their use of...

France Urges Faster AI Push Despite Safety Risks

French Finance Minister Roland Lescure has pushed back against calls to slow artificial intelligence development, arguing that such proposals could benefit U.S. technology leaders while making it harder for France and...

Guterres Urges Stronger Global AI Safeguards Ahead of UN Assembly

United Nations Secretary-General Antonio Guterres warned world leaders on Wednesday that the rapid development of artificial intelligence carries significant risks that governments cannot afford to overlook, highlighting a...