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Fri, Apr 10, 2026 03:29 AM All times are UTC

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Mondelez Seeks Delay to EU Deforestation Law Amid Cocoa Price Surge

Jul 04, 2025 05:31 am UTC| Business Governance

Mondelez International (NASDAQ:MDLZ), the maker of Cadbury, is urging the European Union to postpone the implementation of its deforestation regulation, citing the chocolate industrys struggle with record-high cocoa prices...

China Reviews Rare Earth Export Licenses Amid Eased U.S. Tech Restrictions

Jul 04, 2025 05:06 am UTC| Politics Governance Technology Economy

Chinas Ministry of Commerce announced on Friday it is reviewing export license applications for sensitive items, including rare earths and related magnets, as part of its ongoing trade discussions with the United States....

US Eases Export Curbs, GE Cleared to Resume Jet Engine Shipments to China

Jul 04, 2025 04:48 am UTC| Economy Politics Governance

The U.S. government has cleared GE Aerospace (NYSE: GE) to resume jet engine shipments to Chinas state-owned aircraft manufacturer COMAC, signaling a thaw in ongoing trade tensions between the two economic superpowers....

Trump to Impose 20–30% Tariffs on Major Economies, Skipping Trade Talks

Jul 04, 2025 04:34 am UTC| Economy Politics Governance

U.S. President Donald Trump announced Thursday that the U.S. will begin notifying major global economies of new tariffs, abandoning plans for bilateral trade negotiations. Starting Friday, Washington will send letters to...

Trump Hikes National Park Fees for Foreigners Amid Budget Cuts

Jul 04, 2025 04:29 am UTC| Politics Governance

President Donald Trump has signed an executive order to increase entrance fees for international visitors at U.S. national parks. The move, aimed at raising hundreds of millions of dollars, comes as the administration...

Rachel Reeves Faces Fiscal Tightrope After Welfare U-Turn and Budget Woes

Jul 03, 2025 10:02 am UTC| Politics Economy Governance

U.K. Chancellor Rachel Reeves is under increasing fiscal pressure following a major policy reversal on welfare cuts, which may wipe out her estimated 10 billion budgetary buffer. The sudden U-turn triggered a sell-off in...

U.S. Resumes Ethane Exports to China After Trade Tensions Ease

Jul 03, 2025 01:57 am UTC| Politics Governance

The U.S. has lifted recent restrictions on ethane exports to China, signaling a positive step in easing trade tensions between the two nations. On Wednesday, the U.S. Commerce Department sent letters to key...

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Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

President Donald Trump escalated tensions with Iran on Wednesday, declaring that all U.S. military assets including ships, aircraft, and personnel would remain stationed in the region until a formal agreement with Tehran...

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...