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Sat, Dec 06, 2025 05:21 AM All times are UTC

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Philippines Eyes Tariff Talks as U.S. Raises Import Duties to 20%

Jul 10, 2025 01:08 am UTC| Politics Economy

The Philippines is seeking to negotiate lower tariffs with the United States after Washington imposed a 20% duty on imports from Manila, up from the previously proposed 17%. Philippine Ambassador to the U.S. Jose Manuel...

Australia Seeks Clarity on Trump’s 200% Tariff Threat on Pharma Exports

Jul 09, 2025 04:49 am UTC| Politics Economy

Australia is urgently seeking clarification on U.S. President Donald Trumps proposed 200% tariffs on pharmaceutical imports, which could severely impact one of Australias key export sectors. Treasurer Jim Chalmers...

Malaysia Stays Optimistic Amid U.S. Tariff Talks, Seeks Win-Win Deal

Jul 09, 2025 04:43 am UTC| Politics Economy

Malaysias Minister of Investment, Trade and Industry, Tengku Zafrul Aziz, said the country has no plans to retaliate against the 25% tariff imposed by the United States on its exports. Speaking at the Reuters NEXT Asia...

Kevin Hassett Emerges as Leading Contender to Replace Fed Chair Powell

Jul 09, 2025 04:20 am UTC| Politics

White House economic adviser Kevin Hassett is gaining traction as a top candidate to succeed Jerome Powell as Federal Reserve Chair, according to a report by the Wall Street Journal. Hassett, a longtime ally of President...

Chinese IT Manager Arrested in Italy Over Alleged U.S. Cyber-Espionage Ties

Jul 09, 2025 02:01 am UTC| Politics Law

A Chinese national accused of state-sponsored cyber-espionage has been arrested in Italy at the request of the U.S. Department of Justice (DOJ). Xu Zewei, a 33-year-old IT manager from Shanghai, was detained on July 3 at...

Colombia Seeks Diplomatic Reset with U.S. After Coup Allegation Tensions

Jul 09, 2025 01:56 am UTC| Politics

Colombias ambassador to the United States, Daniel Garcia Pena, returned to Washington this week in an apparent effort to ease recent diplomatic tensions. Speaking to reporters, Garcia Pena dismissed accusations of U.S....

Trump and Netanyahu Discuss Gaza as Ceasefire Deal Nears

Jul 09, 2025 01:51 am UTC| Politics

U.S. President Donald Trump met with Israeli Prime Minister Benjamin Netanyahu for the second time in two days, amid growing optimism over a potential Gaza ceasefire agreement. The leaders met privately for just over an...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

The upcoming Federal Reserve meeting is shaping up to be one of the most closely watched and contentious in years, with investors focused on how divided policymakers are over a potential interest-rate cut and the signals...

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

U.S. stocks ended higher on Friday as a softer inflation reading strengthened expectations that the Federal Reserve could move forward with an interest-rate cut next week. The SP 500 climbed 0.2%, the Dow Jones Industrial...

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

U.S. stocks closed the week with modest gains on Friday, as investors weighed a wave of delayed economic data and maintained strong expectations for a Federal Reserve interest rate cut at next weeks policy meeting. Despite...

Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

The U.S. Consumer Financial Protection Bureau (CFPB) is preparing to convene its Consumer Advisory Board next week to review major policy changes, including a controversial proposal to scale back long-standing...

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

The U.S. Supreme Court has agreed to examine the legality of President Donald Trumps directive aimed at restricting birthright citizenship, a move that could redefine a long-standing interpretation of the 14th Amendment....

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...