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

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Bank of Japan Eyes Rate Hike as Trump Era Begins

Jan 20, 2025 08:55 am UTC| Economy Politics

The Bank of Japan is expected to raise its short-term interest rate to 0.5% this Friday, barring significant market disruptions as U.S. President-elect Donald Trump takes office. This move would mark the first increase...

Trump Plans National Emergency to Expand Energy Production and Policy Control

Jan 20, 2025 08:54 am UTC| Economy Politics

President-elect Donald Trump plans to declare a national emergency to expand his powers, prioritizing domestic energy production and rolling back climate change policies. The declaration is expected on day one of his...

Oil Prices Steady as Markets Eye Potential Trump Policy Shift on Russia

Jan 20, 2025 08:54 am UTC| Economy Politics

Oil prices remained stable on Monday as speculation over U.S. President-elect Donald Trump easing energy sanctions on Russia to end the Ukraine conflict offset concerns of supply disruptions due to stricter sanctions....

China’s Han Zheng Meets Tesla CEO Elon Musk to Boost U.S.-China Trade Ties

Jan 20, 2025 08:53 am UTC| Economy Technology Business Politics

Chinas Vice President Han Zheng met Tesla (NASDAQ:TSLA) CEO Elon Musk and U.S. business leaders on Sunday in Washington D.C., according to Xinhua. Han encouraged Tesla and other American companies to capitalize on Chinas...

South Korea Boosts Export Financing to Tackle U.S. Trade Policy Risks

Jan 20, 2025 08:53 am UTC| Economy Business

South Korea announced a record 360 trillion won ($247.74 billion) in policy financing for exporters to counter potential challenges posed by new U.S. trade policies under President Donald Trumps second term. The finance...

U.S. Stock Futures Slide Amid Investor Caution Ahead of Trump’s Inauguration

Jan 20, 2025 08:53 am UTC| Economy Market Roundups

U.S. stock index futures edged lower in Asian trading on Monday as caution set in before President-elect Donald Trumps inauguration. Markets will remain closed for Martin Luther King Jr. Day, with Trump officially assuming...

Asian Stocks Climb Amid Optimism Over U.S.-China Trade Outlook

Jan 20, 2025 08:52 am UTC| Economy Market Roundups

Asian markets rose on Monday, fueled by optimism that U.S. President-elect Donald Trump might adopt a less aggressive stance on China. Japans Nikkei 225 and TOPIX surged 1.5%, and Hong Kongs Hang Seng climbed 1.6%, leading...

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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...