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Wed, Sep 09, 2026 05:22 AM All times are UTC

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Asian Currencies Mixed as Fed Holds Rates, Yen Gains on BOJ Outlook

Jul 31, 2025 05:16 am UTC| Economy

Asian currencies traded mostly flat to lower on Thursday as the U.S. Federal Reserve kept interest rates unchanged and signaled little urgency for future rate cuts, pressuring regional units amid weak Chinese economic...

Trump to Sign Executive Orders Imposing Higher Tariffs on Key U.S. Trade Partners

Jul 31, 2025 03:13 am UTC| Politics Governance Economy

U.S. President Donald Trump is preparing to sign a series of executive orders by Thursday to impose higher tariffs on nations that failed to secure new trade deals with Washington before his self-imposed August 1 deadline,...

Asian Stocks Slip as Weak China Data, Copper Plunge Weigh on Markets

Jul 31, 2025 03:10 am UTC| Economy

Asian equities retreated on Thursday following disappointing Chinese economic data and a sharp drop in copper prices, while investors assessed a new trade deal between South Korea and the U.S. The dollar hovered near a...

China’s Manufacturing PMI Falls Sharply in July Amid Weather Disruptions and Weak Demand

Jul 31, 2025 01:56 am UTC| Economy

Chinas manufacturing activity contracted more than expected in July, with official Purchasing Managers Index (PMI) data showing a reading of 49.3, below forecasts of 49.7. A PMI reading under 50 signals contraction,...

Hyundai, Kia Shares Drop as U.S. Imposes 15% Tariff on South Korean Auto Imports

Jul 31, 2025 01:54 am UTC| Business Economy

Shares of South Korean automakers Hyundai Motor (OTC: HYMTF) and Kia Corp declined on Thursday following U.S. President Donald Trumps announcement of a 15% tariff on imports from South Korea, including automobiles, under a...

U.S. Dollar Nears Two-Month High After Fed Holds Firm on Interest Rates

Jul 31, 2025 01:52 am UTC| Economy

The U.S. dollar hovered close to a two-month peak on Thursday after Federal Reserve Chair Jerome Powell maintained a cautious stance on interest rate cuts, boosting confidence in the greenback. The dollar index remained...

Copper Prices Rise on LME as U.S. Tariff Impact Eases Premium Gap

Jul 31, 2025 01:45 am UTC| Economy Politics

Copper prices on the London Metal Exchange (LME) gained at Thursdays open as traders reacted to reduced U.S. copper tariffs announced by President Donald Trump. Benchmark LME copper rose 0.9% to $9,785 per metric ton,...

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Economy

Oil Prices Rally as Brent Nears $100 on U.S.-Iran Escalation

Oil prices extended their rally during Asian trading on Wednesday, with Brent crude approaching the key $100-per-barrel level as escalating U.S.-Iran tensions fueled concerns over Middle East oil supplies and shipping...

Asian Stocks Mixed as AI Chip Rally Meets Oil Surge

Asian stocks traded mixed on Wednesday as semiconductor shares extended gains on strong artificial intelligence demand, while rising oil prices and escalating Middle East tensions fueled concerns about inflation and higher...

Asian Stocks Mixed as Korean Chipmakers Rally

Asian stocks traded mixed on Tuesday as strong gains in South Korean semiconductor shares boosted the regions technology sector, while rising oil prices, higher U.S. Treasury yields and expectations for tighter monetary...

Canada Retaliatory Tariffs on U.S. Goods Take Effect

Canada imposed retaliatory tariffs on $20 billion worth of U.S. goods early Tuesday, escalating its trade dispute with the United States after negotiations between the two countries collapsed last month. Prime Minister...

Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate

Iran warned Monday that it would retaliate against further U.S. attacks, threatening American oil and gas interests across the Gulf as renewed hostilities raise concerns over global energy supplies and shipping through the...

Politics

Xi, Putin Reaffirm Ties With North Korea on Founding Anniversary

Chinese President Xi Jinping and Russian President Vladimir Putin reaffirmed their countries close strategic relationships with North Korea as Pyongyang celebrated the 78th anniversary of its founding, North Korean state...

FDA Names Permanent Drug and Biologics Center Chiefs

The U.S. Department of Health and Human Services on Tuesday named permanent leaders for two major Food and Drug Administration centers responsible for overseeing drugs, vaccines and other biological products, as the agency...

Trump Administration Removes Confederate Memorial Criticism From Arlington Website

President Donald Trumps administration has removed language criticizing the Confederate Memorial that once stood at Arlington National Cemetery, according to archived versions of the cemeterys website. The deleted material...

Trump Rallies Republicans at Dallas Midterm Convention

President Donald Trump and the Republican Party will hold an unusual national convention in Dallas this week, hoping the high-profile event can energize GOP voters ahead of the November 3 midterm elections and help...

Trump Threatens Bombardier U.S. Sales Ban

U.S. President Donald Trump threatened to block Canadian aircraft maker Bombardier from selling planes in the United States unless the company expands its manufacturing operations in the country, escalating tensions...

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

Qualcomm Stock Jumps on Amazon AI Chip Deal

Qualcomm Technologies (NASDAQ: QCOM) shares surged 9.5% after the chipmaker announced a multi-generational partnership with Amazon to develop custom silicon and high-speed optical connectivity technology for artificial...

Google Revamps EU Search Results to Meet DMA Rules

Alphabets Google has introduced major changes to its search results in Europe as it seeks to comply with European Union antitrust rules under the Digital Markets Act (DMA). Google said Tuesday that the overhaul represents...

Australia Plans New Rules Giving Users Control Over Social Media Feeds

Australia has proposed new social media regulations that would give users greater control over the content appearing in their feeds, expanding the governments efforts to strengthen online safety and regulate major...

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...