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Wed, Sep 09, 2026 08:07 AM All times are UTC

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Brazil’s Supreme Court Upholds Most IOF Tax Hike, Boosting Lula’s Fiscal Plan

Jul 17, 2025 00:44 am UTC| Politics Economy Governance

Brazils Supreme Court has upheld most of President Luiz Inacio Lula da Silvas controversial decree increasing the Financial Operations Tax (IOF), delivering a key fiscal win for his administration. The ruling, issued by...

Australia Nears Breakthrough in Canola Trade Talks with China

Jul 16, 2025 23:50 pm UTC| Politics Economy

Australia is close to finalizing a deal with China to resume canola exports after a four-year suspension, according to sources familiar with the matter. The agreement could allow five trial shipments of Australian canola,...

S&P 500 Rises as Trump Denies Powell Firing Rumors, Markets React to Inflation Data and Earnings

Jul 16, 2025 23:45 pm UTC| Economy

The SP 500 closed higher Wednesday after President Donald Trump dismissed reports suggesting he was close to firing Federal Reserve Chair Jerome Powell. Trump clarified he had no plans to remove Powell, though he...

Bahrain, U.S. Seal $17B in Trade Deals to Boost Economic Partnership

Jul 16, 2025 05:15 am UTC| Politics Economy

Bahrain and the United States have signed a series of major trade and investment agreements valued at approximately $17 billion, aimed at deepening economic cooperation across key sectors including aviation, technology,...

Asian Currencies Steady as Strong U.S. Inflation Data Lifts Dollar

Jul 16, 2025 05:07 am UTC| Economy

Most Asian currencies steadied on Wednesday following overnight losses, as the U.S. dollar strengthened on hotter-than-expected inflation data, reinforcing concerns over President Donald Trumps ongoing trade tariffs. The...

U.S. Launches Trade Probe Into Brazil Amid Rising Tariff Tensions

Jul 16, 2025 05:02 am UTC| Politics Economy

The U.S. has opened a formal investigation into Brazils trade practices, escalating tensions after President Donald Trump threatened to impose a 50% tariff on Brazilian imports starting August 1. U.S. Trade Representative...

Asian Stocks Dip Amid Inflation Fears and Trump Tariff Concerns; Hong Kong Tech Shares Rally

Jul 16, 2025 04:53 am UTC| Economy

Asian markets mostly declined on Wednesday, echoing Wall Streets weak overnight performance as hotter-than-expected U.S. inflation data and renewed trade tariff threats from President Donald Trump rattled investor...

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Economy

Japanese Yen Nears Seven-Month High as Oil Approaches $100

The Japanese yen held near its strongest level since February on Wednesday, pressuring the U.S. dollar as escalating Middle East tensions pushed oil prices toward $100 a barrel and investors prepared for major central bank...

US Bans Canadian Alcohol, Motorcycles as Trade War Escalates

The United States has announced sweeping import bans on Canadian alcoholic beverages, motorcycles and some dairy products, escalating a trade dispute between the longtime North American allies. The restrictions, announced...

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...

Politics

Chris Hipkins Targets Cost-of-Living Relief in New Zealand Election

Former New Zealand Prime Minister Chris Hipkins says Labour was too slow to recognize the cost-of-living pressures facing households after the COVID-19 pandemic, as the party seeks to regain urban and middle-income voters...

Trump’s ‘New America’ Proposal Draws Backlash in New Mexico

President Donald Trumps proposal to rename New Mexico as New America has sparked criticism from residents and political leaders who say the move threatens to erase centuries of history and cultural identity. Trump, a...

US Judge Dismisses Imran Ahmed Deportation Lawsuit

A federal judge in New York has dismissed a lawsuit filed by British anti-disinformation campaigner Imran Ahmed challenging the Trump administrations authority to detain and deport him, potentially clearing the way for...

Iran Strikes U.S.-Used Jordan Base as Gulf War Escalates

Irans Islamic Revolutionary Guard Corps (IRGC) launched ballistic missiles at a military base in Jordan used by U.S. forces and said it attacked 10 ships near the Strait of Hormuz on Wednesday, marking a sharp escalation...

U.S. Envoy Warns Taiwan Conflict Could Devastate Global Economy

A military conflict across the Taiwan Strait could inflict greater damage on the global economy than World War Two, the top U.S. diplomat in Taipei warned on Wednesday, highlighting the importance of an upcoming U.S.-China...

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

Kioxia Rules Out SK Hynix Manufacturing Partnership

Kioxia Holdings CEO Hiroo Ota has ruled out closer manufacturing cooperation with South Korean memory chipmaker SK Hynix, pointing to antitrust concerns and complications involving Kioxias existing production partnership...

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...