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Taiwan Delegation Extends Support at Trump Inauguration Amid China Tensions

Jan 19, 2025 08:08 am UTC| Politics Economy

Taiwans delegation, led by Parliament Speaker Han Kuo-yu, is attending Donald Trumps U.S. presidential inauguration to represent Taiwans 23 million people and extend highest blessings to the United States. Speaking at...

Cleveland Fed President Warns of Ongoing Inflation Challenge

Jan 18, 2025 06:31 am UTC| Economy Fund Business

The U.S. continues to face an inflation problem, according to Cleveland Federal Reserve Bank President Beth Hammack, who spoke with The Wall Street Journal on Friday. Hammack, who opposed a December Fed decision to cut...

Rupee Marginally Weaker Amid Dollar Demand and RBI Intervention

Jan 17, 2025 07:08 am UTC| Economy Investing Fund

The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its previous close of 86.55. The slight dip was driven by heightened dollar demand due to the maturity of...

China's Economic Resurgence: Strong Growth Signals a Bright Future Ahead

Jan 17, 2025 04:39 am UTC| Economy

The Chinese economy had fared even better than its forecast of 5.0% at the same quarter last year with the report of an annualized increase of 5.4% in the fourth quarter of 2024. The increase came in contrast with previous...

Bull Market Optimism Persists Amid Historical Trends and Economic Growth

Jan 17, 2025 03:39 am UTC| Digital Currency Investing Economy

As the bull market enters its third year, the Sevens Report remains optimistic despite concerns over stretched valuations and geopolitical risks. The report cites factors such as robust economic growth, pro-growth policies...

Wall Street Slips as Apple Drags Tech Amid Mixed Economic Data

Jan 17, 2025 02:54 am UTC| Economy Business

The SP 500 dipped Thursday as banking sector strength was overshadowed by a tech slump led by Apple. At market close, the Dow fell 0.2%, the SP 500 dropped 0.2%, and the NASDAQ slid 0.9%. Apple shares tumbled 4% after...

UK Economy Sees Marginal Growth Amid Tax Hikes and Business Caution

Jan 16, 2025 09:20 am UTC| Economy Fund

The UK economy showed a modest rebound in November, with GDP increasing by 0.1% from October, according to the Office for National Statistics (ONS). This marks the first monthly growth since August, falling short of...

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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...
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