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Wed, Apr 08, 2026 04:47 AM All times are UTC

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Wall Street Futures Hold Steady as Rate Cut Hopes Offset Tech Losses

May 16, 2025 02:16 am UTC| Economy

Stock index futures remained mostly flat Thursday evening, stabilizing after a mixed Wall Street session. Investors digested lukewarm economic data and growing expectations for Federal Reserve interest rate cuts in 2025....

Asian Currencies Rise as Weak Dollar and Trade Concerns Weigh on Markets

May 15, 2025 05:28 am UTC| Economy

Asian currencies gained ground on Thursday, led by a strong rebound in the South Korean won, as the U.S. dollar weakened amid uncertainty over trade negotiations and the Federal Reserves interest rate trajectory. The U.S....

Strong Australian Job Growth Fuels RBA Rate Cut Debate

May 15, 2025 05:23 am UTC| Economy

Australias job market beat expectations in April, complicating expectations around interest rate cuts. Employment surged by 89,000 jobsfar exceeding the 20,000 forecastmarking the biggest monthly gain in over a year. The...

BOJ Expected to Hold Rates Amid U.S. Tariff Uncertainty, Year-End Hike Still in Sight

May 15, 2025 05:04 am UTC| Economy

Most economists now believe the Bank of Japan (BOJ) will keep interest rates steady through September, as it monitors the economic impact of U.S. tariffs imposed by President Donald Trump. According to a Reuters survey...

South Korea and U.S. Discuss Forex and Tariffs as Won Surges

May 15, 2025 04:56 am UTC| Politics Economy

South Koreas Deputy Finance Minister Choi Ji-young met with Robert Kaproth, U.S. Treasury Assistant Secretary for International Finance, on May 5 in Milan during the 58th ADB Annual Meeting. The discussion focused on the...

Asian Stocks Dip as Tech Rally Cools, Investors Eye Alibaba Earnings

May 15, 2025 04:52 am UTC| Economy

Asian markets pulled back on Thursday following a strong tech-led rally earlier in the week, with investors shifting focus to key earnings from Chinese internet giant Alibaba and upcoming remarks from U.S. Federal Reserve...

Halloween Decor Exporters in China Face Challenges Despite US Tariff Truce

May 15, 2025 04:47 am UTC| Business Economy

A temporary tariff truce between the U.S. and China has sparked cautious optimism among Chinese manufacturers, but for Halloween decoration exporters in Yiwu, Zhejiang province, the damage may already be done. U.S. tariffs...

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Economy

Trump Suspends Iran Strikes for Two Weeks as Ceasefire Talks Begin

President Donald Trump announced Tuesday evening that he would delay planned military strikes against Iran for two weeks, marking a significant diplomatic breakthrough after weeks of escalating tensions. The suspension...

U.S. Stock Futures Surge as Trump Postpones Iran Strikes, Ceasefire Hopes Rise

U.S. stock index futures climbed sharply on Tuesday evening as optimism grew over a potential end to the ongoing Middle East conflict. The rally followed President Donald Trumps announcement that planned military strikes...

Oil Prices Crash 15% as Trump and Iran Agree to Two-Week Ceasefire

Crude oil markets were thrown into a frenzy on Wednesday after U.S. President Donald Trump announced a two-week ceasefire with Iran, triggering one of the sharpest single-day oil price drops seen in recent memory. The...

Asian Stocks Surge as U.S.-Iran Ceasefire Deal and Samsung Earnings Boost Market Confidence

Asian stock markets recorded sharp gains on Wednesday following news of a tentative two-week ceasefire agreement between the United States and Iran, while a blockbuster earnings forecast from Samsung Electronics further...

Gold Prices Surge to Three-Week High as Trump-Iran Ceasefire Weakens Dollar

Gold prices climbed to their highest level in three weeks during Asian trading on Wednesday, buoyed by a weakening U.S. dollar following a surprise ceasefire agreement between President Donald Trump and Iran. Spot gold...

Politics

Todd Blanche Defends Trump's Authority to Direct Federal Investigations

Acting U.S. Attorney General Todd Blanche made his first extended public remarks Tuesday since being appointed last week, defending President Donald Trumps authority to influence federal investigations including those...

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

UN Envoy Heads to Iran Amid Escalating Conflict and Ceasefire Talks

Jean Arnault, the United Nations Secretary-General Antonio Guterres newly appointed personal envoy, is making his way to the Middle East as part of a broader diplomatic push to bring an end to the ongoing Iran war. While...

Pakistan Urges Two-Week Ceasefire as U.S.-Iran War Enters Critical Phase

Pakistani Prime Minister Shehbaz Sharif has formally requested U.S. President Donald Trump to grant a two-week extension to his deadline for Iran, as American and Israeli military strikes on Iran intensified entering the...

Australia Welcomes U.S.-Iran Ceasefire But Criticizes Trump's Inflammatory Rhetoric

Australian Prime Minister Anthony Albanese has responded positively to a newly brokered ceasefire between the United States, Israel, and Iran, while expressing concern over the alarming language used by President Donald...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...