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UK Investment Giants Set to Pour Billions Into U.S. Real Estate, Avoiding Office Market

Sep 23, 2024 16:35 pm UTC| Business Economy

British investment firms Legal General and Schroders are gearing up for major U.S. real estate investments, focusing on rental properties and data centers. Avoiding the troubled office sector, they aim to capitalize on...

FxWirePro- Major Economic events to watch

Sep 23, 2024 02:46 am UTC| Economy

Date Time (GMT) Currency Event Forecast Previous Sep 23rd 2024 7:15 am EUR French Flash...

Kenya’s President Open to Turning Haiti Anti-Gang Mission into U.N. Peacekeeping Operation

Sep 22, 2024 14:49 pm UTC| Business Economy

Kenyan President William Ruto indicated his openness to converting Kenyas anti-gang mission in Haiti into a U.N. peacekeeping operation. This comes as the U.N. Security Council considers extending the mandate of the...

Why China Isn’t Reacting Swiftly to Economic Slowdowns Despite Mounting Global Concerns

Sep 22, 2024 14:37 pm UTC| Business Economy

Despite weakening economic data, Chinas leadership remains measured in its response, prioritizing long-term growth over immediate stimulus. President Xi Jinpings focus on advanced manufacturing and green energy has led to...

U.S. Invests $3 Billion to Boost Domestic EV Battery Production, Reduce Reliance on China

Sep 21, 2024 20:32 pm UTC| Economy

The U.S. Department of Energy is allocating $3 billion to 25 projects across 14 states to enhance domestic electric vehicle battery production. This move aims to shift production away from China and create 12,000 jobs,...

Yen Weakens After Bank of Japan Signals Delayed Rate Hikes Amid Global Uncertainty

Sep 21, 2024 18:19 pm UTC| Business Economy

Following Bank of Japan Governor Kazuo Uedas cautious remarks on future rate hikes, the yen weakened to 143.50 against the dollar. Investors interpreted Uedas comments as a sign that the BOJ may delay tightening monetary...

닛폰제강, 미 철강 인수 속 부채 관리 위해 2억1100만 달러 자산 매각

Sep 21, 2024 11:46 am UTC| Economy Business

로이터통신에 따르면 닛폰제강이 부채 관리를 위해 올해 회계연도에 최소 300억 엔(2억1100만 달러) 상당의 자산을 매각할 계획이라고 닛케이가 금요일 닛폰제강 부회장을 인용해 보도했다. 이는 149억 달러 규모의 미 철강 인수 제안의...

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Economy

Wall Street Ends Lower as AI Selloff, Iran Tensions Weigh on Tech Stocks

Wall Street closed sharply lower on Friday, ending a two-week winning streak as investors sold technology shares amid a continued pullback in the artificial intelligence (AI) sector and renewed concerns over inflation...

Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears

Global oil prices posted their strongest weekly gains in months on Friday as the escalating conflict between the United States and Iran heightened concerns over global crude supply and shipping disruptions through the...

Trump Threatens Higher Canada Tariffs as Wildfire Smoke Sparks U.S. Air Quality Crisis

President Donald Trump has threatened to impose higher tariffs on Canada, blaming the country for worsening air pollution across the United States as smoke from hundreds of active Canadian wildfires spreads south of the...

AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software

The explosive rally in AI semiconductor stocks is showing signs of cooling as investors question lofty valuations and whether the massive spending on artificial intelligence infrastructure can continue at its current pace....

Malaysia Q2 Economy Grows 5.8%, Beating Forecasts on Strong Tech Exports and Domestic Demand

Malaysias economy expanded by 5.8% year-on-year in the second quarter of 2026, outperforming market expectations and highlighting the countrys resilience despite ongoing geopolitical uncertainties. According to advance...

Politics

Iran Expands Gulf Attacks as U.S. Strikes Intensify, Oil Prices Surge

Iran widened its military campaign against U.S. allies in the Gulf on Saturday after the United States carried out a seventh consecutive night of strikes on Iranian military targets, marking another escalation in the...

Brazil Supreme Court Tightens Jair Bolsonaro House Arrest Ahead of Election

Brazils Supreme Court has imposed stricter restrictions on former President Jair Bolsonaro, suspending all non-essential visits to his residence for 30 days as the country moves closer to its October presidential election....

US Expands Iran Strikes as Strait of Hormuz Shipping Drops, Oil Prices Climb

The United States carried out a seventh straight night of military strikes on Iran, extending operations beyond the countrys southern coast and deeper into its interior, while Tehran launched retaliatory attacks on...

DOJ Subpoenas Major Law Firms in Trump Executive Order Dispute

The U.S. Justice Department has issued subpoenas to 14 major law firms seeking records and sworn testimony related to executive orders signed by President Donald Trump that targeted several prominent legal firms or...

Trump Criticizes ABC, NBC and CNN for Limiting Coverage of Election Speech

President Donald Trump criticized ABC, NBC and CNN after the three major U.S. news organizations declined to air his prime-time address on their main television platforms, intensifying his long-running dispute with the...

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

DeepSeek Eyes $74 Billion Valuation Ahead of Planned China IPO

Chinese artificial intelligence startup DeepSeek is preparing a new fundraising round that could value the company at approximately 500 billion yuan ($74 billion) as it moves closer to a potential initial public offering...

SpaceX Eyes Pentagon AI Deal as Cloud Pricing Strategy Pressures CoreWeave

SpaceX briefly recovered some of its losses on Friday after a Wall Street Journal report said the aerospace company is negotiating a multi-billion-dollar agreement with the Pentagon to provide artificial intelligence...

Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit

Swiss automation and machining systems manufacturer Mikron Group AG reported lower first-half 2026 results as weaker demand in its Automation and Machining businesses offset strong growth in its Tool division. Despite the...

KAIST, Stanford Develop Self-Dressing Robot for Cleanrooms and Emergency Gear

Researchers from South Koreas Korea Advanced Institute of Science and Technology (KAIST) and Stanford University have developed an innovative self-dressing robotic technology that allows people to put on clothing without...

SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch

SpaceX (NASDAQ: SPCX) called off the 13th test flight of its Starship rocket just minutes before its scheduled liftoff from its Texas launch site on Thursday after an engine-related issue triggered an automatic abort. CEO...
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