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Sun, Aug 02, 2026 12:13 AM All times are UTC

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China Mulls Tariff Exemptions on Select U.S. Goods Amid Escalating Trade War

Apr 25, 2025 05:34 am UTC| Politics

China is reportedly considering exemptions on certain U.S. imports from its 125% tariff list, as the economic toll of the trade war with the U.S. intensifies. According to Bloomberg, Beijing may lift tariffs on critical...

U.S. Eyes $100B+ Arms Deal with Saudi Arabia Amid Shifting Middle East Alliances

Apr 25, 2025 05:31 am UTC| Politics

The United States is preparing to offer Saudi Arabia a defense package exceeding $100 billion, according to six sources familiar with the matter. The proposed deal is expected to be announced during President Donald Trumps...

DOJ Slashes $811M in Grants, Sparking Outcry Over Victim Services Cuts

Apr 25, 2025 05:26 am UTC| Governance Politics

The U.S. Justice Department is cutting $811 million in competitive grants, affecting hundreds of programs aiding crime victims, trauma centers, and law enforcement training. The cuts, managed by the Office of Justice...

US Denies Airstrike Near Yemen UNESCO Site, Blames Houthi Missile

Apr 25, 2025 05:25 am UTC| Politics

The U.S. military has denied responsibility for a deadly blast near Yemens UNESCO World Heritage Site in Sanaa, blaming a Houthi missile instead. The explosion, which occurred on Sunday, killed at least a dozen people,...

Trump Eyes Asia Backing for $44B Alaska LNG Project at June Summit

Apr 25, 2025 05:25 am UTC| Politics Business

U.S. President Donald Trumps Energy Security Council plans to host a summit in Alaska around June 2, aiming to secure commitments from Japan and South Korea for the $44 billion Alaska LNG project. The massive initiative...

Federal Judges Block Trump-Era Cuts to School DEI Funding

Apr 25, 2025 05:17 am UTC| Politics Law

Federal judges in Maryland, New Hampshire, and Washington, D.C., have blocked the Trump administration from cutting off funding to schools supporting diversity, equity, and inclusion (DEI) initiatives. The rulings came in...

Republicans Unveil $150B Defense Package Boosting Trump’s Golden Dome Shield

Apr 25, 2025 05:17 am UTC| Politics

Republicans in Congress are introducing a $150 billion defense package to enhance U.S. military capabilities, including a $27 billion boost to President Donald Trumps Golden Dome missile defense shield. The plan, which...

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Economy

Citi Says Sharp TOPIX Drop Could Push USD/JPY Lower as Yen Gains Momentum

A significant correction in Japanese equities could trigger a sharp decline in the USD/JPY exchange rate, although Citi analysts believe the stock market would need to fall much further before the Japanese yen strengthens...

Iran Warns of Retaliation as Trump Threatens New Strikes, Oil Risks Intensify

Iran warned over the weekend that it would respond forcefully to any new U.S. military action, escalating tensions in the Middle East as President Donald Trump reiterated threats of additional strikes on Iranian targets....

South Korea Exports Surge 62.8% in July on AI Chip Demand

South Koreas exports posted stronger-than-expected growth in July, fueled by robust global demand for semiconductors and AI-related technology, reinforcing the countrys position as a major beneficiary of the artificial...

U.S. Treasury Joins Japan in Yen Intervention as Currency Nears 40-Year Lows

The U.S. Treasury reportedly stepped into currency markets on Friday by buying Japanese yen, joining Japans efforts to stabilize the currency after it weakened to levels close to a four-decade low. According to a Financial...

Gold Ends July Higher as Weaker Dollar Offsets Fed Inflation Concerns

Gold prices posted modest monthly gains in July, supported by a weaker U.S. dollar and the Federal Reserves decision to keep interest rates unchanged. However, renewed inflation concerns fueled by rising oil prices limited...

Politics

Capital One Says AML Review Led to Closure of Trump Organization Accounts

Capital One Financial has defended its decision to close hundreds of bank accounts linked to the Trump Organization, arguing in a court filing that the move followed an extensive anti-money laundering (AML) review rather...

Trump Weighs Iran Strikes as U.S. Embassies Issue Emergency Security Alerts

The United States has issued emergency security alerts across the Middle East as tensions with Iran continue to escalate, prompting officials to warn Americans to consider leaving the region and prepare for possible flight...

Spain Installs Floating Barrier as Ceuta Migrant Crossings Halt After Deadly Surge

Spain said migrant crossings into its North African enclave of Ceuta came to a halt overnight as authorities began installing a 500-metre floating barrier along the border with Morocco following a deadly mass migration...

Israel Strikes Gaza Near Hospital as Uncertainty Grows Over Hamas Disarmament Deal

Israel carried out fresh airstrikes in Gaza on Saturday, killing two Palestinians and destroying warehouses storing medical supplies near Al-Aqsa Martyrs Hospital, as uncertainty continues over whether Israel will accept a...

Ukraine Protests Grow Over Zelensky’s Dismissal of Defence Minister Mykhailo Fedorov

Thousands of Ukrainians marched through central Kyiv on Friday, intensifying pressure on President Volodymyr Zelensky to reinstate former Defence Minister Mykhailo Fedorov, whose unexpected dismissal has sparked growing...

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

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...

Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations

Roblox Corp. (NYSE: RBLX) shares plunged about 16% in premarket trading after the gaming platform reported mixed second-quarter 2026 results and issued weaker-than-expected third-quarter bookings guidance, raising concerns...

Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat

Apple (NASDAQ: AAPL) shares fell more than 7% in premarket trading after the tech giant issued weaker-than-expected guidance for the September quarter, overshadowing better-than-anticipated quarterly earnings and revenue....

Sony Raises Full-Year Outlook After Q1 Profit Jumps 40% on Gaming and Chip Growth

Sony Group (TYO: 6758) delivered a strong start to its fiscal 2026, reporting a 40% year-over-year increase in first-quarter operating profit and raising its full-year earnings outlook, fueled by robust performance in its...