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Thu, Sep 10, 2026 05:09 AM All times are UTC

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Trump Considers 10% Tariffs on Chinese Imports Amid Drug Concerns

Jan 22, 2025 04:53 am UTC| Economy Politics

U.S. President Donald Trump announced on Tuesday that he is considering imposing 10% tariffs on Chinese imports starting February 1. Speaking at a White House event, Trump cited concerns over the flow of illicit drugs,...

Trump Announces $500 Billion AI Infrastructure Investment

Jan 22, 2025 04:53 am UTC| Economy Business Politics

U.S. President Donald Trump unveiled a $500 billion private sector initiative to boost artificial intelligence infrastructure in the United States, aiming to outpace global competitors. The joint venture, Stargate,...

Asia’s Tech Sector Set for Growth in 2025 Amid Valuation Recovery

Jan 22, 2025 04:52 am UTC| Economy Technology

Asias technology sector is poised for growth in 2025, with valuations now reflecting elevated bond yields and early signs of earnings recovery, according to Bernstein analysts. The sectors forward price-to-earnings (P/E)...

Asian Tech Stocks Surge Amid OpenAI’s $500 Billion AI Partnership

Jan 22, 2025 04:51 am UTC| Economy Fund

Asian markets mostly rose on Wednesday, led by a rally in technology stocks following OpenAIs announcement of a $500 billion AI infrastructure partnership in the U.S. Key players in the venture include Microsoft, NVIDIA,...

South Korea's Acting President Seeks Stronger U.S. Ties Amid Trade and Security Concerns

Jan 21, 2025 11:33 am UTC| Economy Politics

South Koreas acting president, Choi Sang-mok, expressed hopes for deeper, reciprocal relations with Washington under Donald Trumps second term as U.S. president. Concerns loom over the impact of Trumps policies on Asias...

Jefferies Lowers Ratings on Three Leading UK Industrial Stocks

Jan 21, 2025 08:30 am UTC| Economy Private Equity

Jefferies analysts have downgraded three major UK industrial stocks, including Judges Scientific (LON:JDG), Smiths Group (OTC:SMGZY), and XP Power (LON:XPP), lowering their ratings from buy to hold. Persistent economic...

Singapore’s Central Bank Faces Split Predictions Ahead of Policy Review

Jan 21, 2025 08:28 am UTC| Economy Central Banks

Economists remain divided on whether the Monetary Authority of Singapore (MAS) will ease monetary policy at its upcoming review or maintain current settings. A Reuters poll of 12 analysts revealed an even split: six...

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Economy

Asian Stocks Fall as Oil Tops $100, Yields Rise

Asian stock markets declined broadly on Thursday, led by losses in technology shares as investors weighed oil prices above $100 a barrel, elevated U.S. Treasury yields and upcoming U.S. inflation data. The regional...

Oil Prices Hold Near Highs as U.S.-Iran Conflict Escalates

Oil prices remained near recent highs on Thursday as escalating military action between the United States and Iran intensified concerns about Middle East energy supply disruptions. Brent crude futures traded around $101.22...

Gold Prices Steady Ahead of U.S. Inflation Data and Fed Decision

Gold prices held largely steady on Thursday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves interest rate decision next week. Higher Treasury yields and escalating Middle...

Iraq Seeks 6 Million Bpd OPEC+ Oil Quota

Iraq is pushing for a substantial increase in its OPEC+ oil production quota, seeking to have future output targets calculated using a production capacity of 6 million barrels per day (bpd), according to Bloomberg, citing...

UK Food Inflation Forecast to Hit 6.4% by Mid-2027

UK food price inflation is expected to accelerate over the coming year, potentially reaching 6.4% by mid-2027 as geopolitical tensions, extreme weather and higher production costs pressure the food industry, according to...

Politics

Trump Promises $5,000 Dividend if Republicans Win Midterms

U.S. President Donald Trump has pledged to provide a $5,000 dividend to every American adult if Republicans secure control of both chambers of Congress in the upcoming midterm elections. Speaking Wednesday during a...

Israel Orders UK East Jerusalem Consulate Closure

Israel has ordered the United Kingdom to close its consulate in East Jerusalem within 30 days, escalating a diplomatic dispute after Britain, France and Canada announced new sanctions targeting Israeli settlements in the...

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...

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

Nvidia Plans 2GW Australia AI Data Center Expansion by 2027

Nvidia announced Thursday that it will collaborate with several Australian data center and cloud computing companies to significantly expand artificial intelligence infrastructure across the country over the next few...

Nvidia-Groq AI Chip Deal Faces U.S. Antitrust Probe

The U.S. Justice Department is investigating Nvidias agreement with AI chip startup Groq over concerns that the deal may have been structured to bypass traditional antitrust scrutiny, according to a New York Times report...

Apple Unveils $1,999 Foldable iPhone Duo

Apple has officially entered the foldable smartphone market with the launch of the iPhone Duo, a $1,999 premium device unveiled Wednesday during the companys annual September product event. The iPhone Duo, Apples first...

OpenAI Targets Specialized Industries as Enterprise AI Demand Grows

OpenAI is expanding its focus on specialized industries such as chip design, life sciences and financial services while lowering AI model prices to compete with cheaper open-source alternatives, Chief Financial Officer...

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...