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Russia-Ukraine War: Kyiv Denies Russia Claim of Destroying Patriot Missile System

May 18, 2023 11:13 am UTC| Politics

Ukraine has denied Russias claims of having destroyed the US-made Patriot missile defense system during an overnight strike on Ukraines capital Kyiv this week. Kyiv said that such claims are just Russian propaganda. On...

Russia-Ukraine War: Kyiv Tells Chinese Envoy Ukraine Will Not Accept Ceding Land to Russia

May 18, 2023 10:06 am UTC| Politics

The Ukrainian foreign minister told the visiting Chinese envoy that Kyiv would not accept any peace proposals that would involve ceding territories to Russia as the war continues. The comments come amidst Moscows ramped-up...

UK: Northern Ireland Holds Local Elections as DUP Looks to Boost Efforts in Obtaining Concessions on Post-Brexit Trade Deal

May 18, 2023 09:53 am UTC| Politics

Northern Ireland is set to hold its local elections for council positions this week. The elections come as the Democratic Unionist Party is looking to use the elections as an opportunity to boost its calls for concessions...

Turkey Opposition Party Files Complaints Over Irregularities in Ballot Boxes Following Elections

May 18, 2023 09:17 am UTC| Politics

The main Turkish opposition party filed complaints this week against irregularities found in thousands of ballot boxes following the recent elections over the weekend. The complaints come as the presidential race is headed...

Myanmar Coup: China, Russia, Providing Lethal Aid to Myanmar Military, Says UN Expert

May 18, 2023 08:56 am UTC| Politics

Myanmar has been under a state of unrest since February 2021, when its generals staged a coup and overthrew the elected civilian government, forcing the country back into military rule. Despite sanctions imposed on...

North Korea: Kim Jong-Un Inspects Military Satellite Station

May 18, 2023 08:33 am UTC| Politics

North Korean leader Kim Jong-un reportedly inspected the nations military satellite station, according to state media. Kim also approved the next steps that would be taken by the committee overseeing the launch. North...

Former UK PM Liz Truss Warns West Against Appeasing China During Taiwan Visit

May 18, 2023 07:28 am UTC| Politics

Former British Prime Minister Liz Truss warned the West against trying to appease China in her visit to the democratically governed island of Taiwan this week. Truss also stressed the need to support the island nation,...

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Economy

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

The Japanese yen extended its rally against the U.S. dollar on Monday, climbing nearly 1% as investors increased bets that Japanese authorities could launch another coordinated currency intervention with the United States...

Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

Gold prices edged higher on Monday after a sharp decline in oil prices eased inflation concerns, boosting demand for safe-haven assets. The rally came after U.S. President Donald Trump delayed a planned military strike...

Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings

U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

Politics

DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote

The U.S. Justice Department has rescinded an order establishing the controversial Anti-Weaponization Fund just days before the Senate Judiciary Committee is set to consider Todd Blanches nomination for attorney general, a...

Former House Appropriations Chair Kay Granger Dies at 83

Former U.S. Representative Kay Granger, a longtime Texas Republican and the first Republican woman to chair the powerful House Appropriations Committee, has died at the age of 83, according to confirmation from her son,...

Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

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

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

Meta Platforms has reportedly reduced the amount of IT work it outsources to Wipro Ltd by at least 25% following an artificial intelligence-driven restructuring that resulted in the closure of its digital marketing...

Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...
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