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Tue, Sep 08, 2026 05:02 AM All times are UTC

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Gold Loses Luster: Trade Truce and Rate Pause Weigh on Prices

May 15, 2025 08:58 am UTC| Insights & Views

Gold lost its shine as trade war tension eased. It hit an intraday low of $3135 and is currently trading around $3142. Trade Truce Dulls Golds Appeal The easing of US-China trade tensions, with tariffs reduced and a...

Australia's Job Market Soars: Unexpected Surge in April

May 15, 2025 04:35 am UTC| Insights & Views

In April 2025, the Australian labor market was given a huge boost as there was a surprise additional 89,000 jobs above the expected 20,000. The number of employed workers increased to an all-time high of 14.64 million. The...

Gold Slumps Despite Soft US CPI: What's Driving the Dip?

May 14, 2025 12:05 pm UTC| Insights & Views

Gold trades weak despite weak US CPI data. It hit an intraday low of $3213 and is currently trading around $3215. US consumer inflation was a bit tighter in April 2025 as the Consumer Price Index (CPI) rose 0.2% on a...

Sui Surpasses $2 Billion TVL, Exploding onto the Layer-1 Scene

May 14, 2025 10:39 am UTC| Digital Currency Insights & Views

Sui blockchain achieved a new all-time high in Total Value Locked (TVL) at over $2.1 billion in May 2025, as per DefiLlama data. The achievement marks an increase of 17% from levels in early May and close to ten times more...

SEC Pumps Brakes: Solana and Litecoin ETF Decisions Delayed

May 14, 2025 10:12 am UTC| Digital Currency Insights & Views

The United States Securities and Exchange Commission (SEC) delayed Grayscales spot Litecoin (LTC) and Solana (SOL) exchange-traded funds (ETFs) to October 2025. The SEC requires additional time to decide whether these ETFs...

Steady as She Goes: Australian Wages Maintain Moderate Growth in March 2025

May 14, 2025 05:32 am UTC| Insights & Views

Australian WPI rose by 0.9% quarter-on-quarter in March 2025, according to the last quarter. WPI rose by 3.4% year-on-year from the last 3.2% in December 2024 but less than the same period 4.0%. Private sector rose by 0.9%...

Tron Flips Ethereum: New King of USDT Supply

May 13, 2025 12:12 pm UTC| Digital Currency Insights & Views

Tron surpassed Ethereum for circulating USDT supply for the first time with around $73.8 billion USDT versus Ethereums $71.9 billion up to May 2025. It is a new development being introduced by Tron due to its minimal fees,...

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Economy

Canada Retaliatory Tariffs on U.S. Goods Take Effect

Canada imposed retaliatory tariffs on $20 billion worth of U.S. goods early Tuesday, escalating its trade dispute with the United States after negotiations between the two countries collapsed last month. Prime Minister...

Iran Threatens Gulf Energy Assets as U.S. Tensions Escalate

Iran warned Monday that it would retaliate against further U.S. attacks, threatening American oil and gas interests across the Gulf as renewed hostilities raise concerns over global energy supplies and shipping through the...

US Stock Futures Mixed as Fed Rate Hike Bets Rise

U.S. stock futures traded mixed Tuesday as Wall Street returned from the Labor Day holiday, with investors weighing stronger employment data, rising oil prices and growing expectations that the Federal Reserve could raise...

China Exports Surge 25% in August as Trade Surplus Hits $119 Billion

Chinas exports posted another strong increase in August, while imports exceeded market expectations, highlighting resilient trade activity despite signs of weakness in the worlds second-largest economy. Official customs...

Japan GDP Growth Beats Forecast, Boosting BOJ Rate Hike Bets

Japans economy expanded faster than previously estimated in the second quarter, signaling that the recovery maintained momentum despite subdued household spending and weaker business investment. Gross domestic product grew...

Politics

Iran Threatens US With ‘Economic Warfare’ as Gulf Tensions Rise

Iran threatened the United States with economic warfare on Tuesday and claimed it had launched an advanced ballistic missile toward U.S. warships, raising concerns about another escalation in the six-month conflict. The...

Russia Seeks to Claw Back Soldier Bonuses After Crimes

Russias Defence Ministry is proposing a new measure that would allow the government to recover part of the signing bonuses paid to contract soldiers who are convicted of criminal offences, according to a draft law...

Flavio Bolsonaro Rallies Brazil Opposition Ahead of Election

Brazils conservative opposition staged a major Independence Day demonstration in Sao Paulo on Monday, as presidential candidate Senator Flavio Bolsonaro sought to turn growing tensions surrounding the Supreme Court into...

Merz Rejects AfD Alliance After Saxony-Anhalt Surge

German Chancellor Friedrich Merz has ruled out cooperation with the Alternative for Germany (AfD) after the far-right party scored a historic victory in Saxony-Anhalt, a result he admitted had shaken his Christian...

Japan, U.S. Stay Aligned on Yen as Currency Surges

Japanese Finance Minister Satsuki Katayama said Tuesday that Japan and the United States remain closely aligned on foreign exchange policy, reaffirming their commitment to maintaining stability in currency markets as 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

Anthropic Drops $6 Billion Decart AI Acquisition Talks

Anthropic has reportedly abandoned plans to acquire artificial intelligence startup Decart AI after exploring a potential transaction valued at roughly $6 billion, according to Bloomberg News. The maker of the Claude AI...

Huawei Launches Mate XT2 Foldable Phone in China

Huawei unveiled its latest flagship foldable smartphone, the Mate XT2, on Monday as the Chinese technology giant looks to maintain its dominance in the countrys premium smartphone market amid growing competition from Apple...

Nvidia CEO Says AGI Has Arrived With OpenAI GPT-6 Astra

Nvidia (NASDAQ: NVDA) CEO Jensen Huang has declared that artificial general intelligence, or AGI, has arrived, pointing to OpenAIs newly launched GPT-6 Astra as a major milestone in the accelerating development of...

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...