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Fri, Jul 17, 2026 05:40 AM All times are UTC

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BOJ May Raise Inflation Forecast Amid Rising Food Prices, Holds Off on Rate Hikes

Jul 14, 2025 04:53 am UTC| Economy

The Bank of Japan (BOJ) is likely to revise its inflation forecast upward for the current fiscal year due to persistent food price increases, especially rice, according to sources familiar with the matter. However, the...

Albanese Urges China Collaboration on Global Steel Overcapacity During Shanghai Visit

Jul 14, 2025 01:45 am UTC| Politics Economy

Australian Prime Minister Anthony Albanese emphasized the need for joint action with China to tackle global steel overcapacity during a high-level meeting with business leaders in Shanghai. Speaking on Monday, Albanese...

Japan’s Core Machinery Orders Beat Forecasts with Annual Growth

Jul 14, 2025 01:26 am UTC| Economy

Japans core machinery orders dipped 0.6% in May from the previous month, according to data released by the Cabinet Office on Monday. While the month-on-month figure marked a decline, it was better than the 1.5% drop...

US Futures Slide as Trump’s Global Tariff Blitz Sparks Inflation Worries

Jul 14, 2025 01:21 am UTC| Economy

U.S. stock index futures dipped Sunday night as fears of a deepening global trade war resurfaced. President Donald Trump announced sweeping 30% tariffs on imports from Mexico and the European Union, expanding his...

Oil Prices Edge Higher Amid Russia Sanctions and Saudi Output Concerns

Jul 14, 2025 01:19 am UTC| Economy

Oil prices extended their rally on Monday, building on Fridays gains of over 2%, driven by growing geopolitical tensions and possible U.S. sanctions on Russia. Brent crude futures rose by 8 cents to $70.44 a barrel, while...

Singapore’s Q2 GDP Beats Forecasts Despite Global Trade Headwinds

Jul 14, 2025 01:17 am UTC| Economy

Singapores economy expanded 4.3% year-on-year in Q2 2025, surpassing the 3.5% growth forecast by economists, according to preliminary data from the Ministry of Trade and Industry. The quarter-on-quarter growth stood at...

Wall Street Futures Dip on Tariff Tensions, Dragging Asian Markets

Jul 14, 2025 01:16 am UTC| Economy

Asian stocks edged lower on Monday, weighed by losses in Wall Street futures after U.S. President Donald Trump threatened to impose 30% tariffs on imports from the EU and Mexico starting August 1. While the European Union...

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Economy

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook

Japans core consumer inflation likely accelerated in June as higher energy prices and revised medical service fees offset easing food inflation, reinforcing expectations that the Bank of Japan (BOJ) could continue raising...

Nikkei Plunges 5% as AI Stock Selloff Spreads Across Asia

Japans Nikkei 225 tumbled more than 5% on Friday, falling to its lowest level since June 11 as a global selloff in artificial intelligence (AI) and semiconductor stocks intensified. The decline mirrored heavy overnight...

Asian Stocks Slide as Nikkei Leads Losses on Tech Selloff and Rising U.S.-Iran Tensions

Asian stock markets ended mostly lower on Friday, led by a sharp decline in Japans Nikkei 225 as technology and semiconductor stocks extended a global selloff. Investor sentiment also remained under pressure amid...

Brazil Weighs IP Curbs, Patent Suspensions After New U.S. Tariffs

Brazil is preparing a series of retaliatory measures against the United States after the Trump administration imposed a 25% tariff on many Brazilian products, according to sources familiar with the discussions. Senior...

Politics

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

Iran Launches Fresh Attacks on U.S. Bases as Strait of Hormuz Tensions Escalate

Iran launched new attacks on U.S. military facilities in the Gulf on Friday after the United States carried out a sixth straight night of strikes on Iranian military targets, deepening a conflict that has unraveled last...

US Military Completes Sixth Night of Iran Strikes as Conflict Escalates

The U.S. military said it completed a new wave of strikes on Iran late Thursday, marking the sixth consecutive night of operations ordered by President Donald Trump as tensions between Washington and Tehran continue to...

Nicaragua Cuts Diplomatic Ties With Italy Over Red Brigades Extradition Dispute

Nicaragua has officially severed diplomatic relations with Italy after a renewed dispute over the extradition of former Red Brigades militant Alessio Casimirri, intensifying a decades-long conflict tied to one of Italys...

North Korea Calls South Korea ‘Puppet’ After U.S.-Led RIMPAC Naval Exercise

North Korea sharply criticized South Korea on Friday, labeling Seoul a puppet after its participation in the U.S.-led Rim of the Pacific Exercise (RIMPAC), warning that Washington and Seoul would be responsible for any...

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

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...

Sam Altman Admits OpenAI Missteps, Promises Major AI Comeback Focused on User Freedom

OpenAI CEO Sam Altman has publicly acknowledged that the company fell short of expectations over the past year, taking personal responsibility for its performance while outlining an ambitious vision for the future. In a...

Moonshot Launches Kimi K3, China's Largest Open-Source AI Model

Chinese artificial intelligence startup Moonshot has introduced Kimi K3, a new open-source AI model the company describes as the worlds largest of its kind, highlighting Chinas accelerating competition with leading U.S. AI...

Xi Jinping Calls for People-Centered AI Development at WAIC, Expands Global Cooperation

Chinese President Xi Jinping called for a people-centered approach to artificial intelligence (AI) development during his keynote speech at the opening ceremony of the World Artificial Intelligence Conference (WAIC) in...