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Tue, Jan 20, 2026 01:28 PM All times are UTC

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Dollar Holds Near Three-Month High as Fed Division and RBA Decision Loom

Nov 04, 2025 01:37 am UTC| Economy

The U.S. dollar remained steady on Tuesday, hovering close to a three-month high, as mixed signals from the Federal Reserve prompted traders to scale back expectations for further interest rate cuts. Investors are also...

G20 Experts Call for Global Action on Inequality as Wealth Gap Reaches Crisis Levels

Nov 04, 2025 01:14 am UTC| Politics Economy

A G20 taskforce led by South African President Cyril Ramaphosa has called for the establishment of a global panel to tackle inequality, warning that widening wealth gaps threaten democracy and global economic stability....

Gold Prices Rise Slightly as Fed Uncertainty and Trade Optimism Weigh on Outlook

Nov 03, 2025 09:21 am UTC| Economy

Gold prices edged higher in Asian trading on Monday but continued to face headwinds after two consecutive weekly losses. The precious metal remains pressured by uncertainty over future U.S. interest rate cuts and easing...

Indonesia’s Trade Surplus Narrows to $4.34 Billion in September as Exports and Imports Surge

Nov 03, 2025 05:18 am UTC| Economy

Indonesia recorded a trade surplus of $4.34 billion in September 2025, according to official data released on Monday. The figure came in slightly below the $4.79 billion forecast by economists in a Reuters poll, as both...

RBA Expected to Hold Rates Steady Amid Rising Inflation and Hawkish Outlook

Nov 03, 2025 05:15 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) is expected to keep its benchmark interest rate unchanged at 3.60% following the conclusion of its two-day policy meeting on November 4. Markets anticipate a hawkish tone from the...

Asian Currencies Hold Steady as Fed Signals Caution, RBA Decision in Focus

Nov 03, 2025 05:05 am UTC| Economy

Most Asian currencies traded in narrow ranges on Monday, extending their subdued performance against the U.S. dollar after the Federal Reserve tempered expectations for a December rate cut. The dollar index hovered near a...

Asian Stocks Rise as Investors Weigh AI Spending and Fed’s Hawkish Tone

Nov 03, 2025 04:49 am UTC| Economy

Asian stocks climbed on Monday as investors assessed last weeks earnings from major tech firms that highlighted massive investments in artificial intelligence (AI), while the U.S. dollar held firm near a three-month high...

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Economy

India–EU FTA Nears Finish Line Ahead of New Delhi Summit

With most discussions over before the January 27 New Delhi summit of the leaders, India and the European Union are nearing finalization of their much anticipated Free Trade Agreement. Although the official signing will...

Gold Price Hits Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Gold prices surged to a fresh record high during Asian trading on Tuesday, extending a powerful rally as investors sought safety amid heightened geopolitical uncertainty and a weaker U.S. dollar. Bullion remained firmly...

Japanese Government Bond Yields Surge to Record Highs Amid Election and Fiscal Fears

Long-dated Japanese government bond (JGB) yields surged to record highs on Tuesday, rattling global fixed-income markets as investors reacted to mounting political and fiscal uncertainty ahead of a potential February...

Asian Currencies Trade Narrowly as Dollar Slips on Trump-Greenland Tensions

Most Asian currencies traded within a tight range on Tuesday, while the U.S. dollar edged lower as renewed geopolitical concerns dampened investor appetite for American assets. Market sentiment turned cautious after U.S....

Australia’s Second-Largest Pension Fund Boosts Currency Hedging Amid Weaker U.S. Dollar Outlook

Australias second-largest pension fund, Australian Retirement Trust (ART), has announced it is reducing its exposure to the U.S. dollar by increasing currency hedging, as global investors reassess their U.S. allocations...

Politics

Supreme Court Tests Federal Reserve Independence Amid Trump’s Bid to Fire Lisa Cook

The U.S. Supreme Court is once again at the center of a high-stakes legal battle with major economic implications, as it considers the legality of President Donald Trumps attempt to fire Federal Reserve Governor Lisa Cook....

Trump Revives Greenland Ownership Push Ahead of World Economic Forum in Davos

U.S. President Donald Trump has once again reignited debate over Greenland, reiterating his long-standing call for American ownership of the Arctic territory just days before attending the World Economic Forum (WEF) in...

Trump Says Greenland Is Key to Global Security After Call With NATO Chief

U.S. President Donald Trump said on Tuesday that he held a very good telephone conversation with NATO Secretary General Mark Rutte, during which they discussed issues of global security, including the strategic importance...

Trump Threatens 200% Tariff on French Wine Over Macron’s Refusal to Join Peace Board

U.S. President Donald Trump has sparked fresh controversy after saying he would impose a 200% tariff on French wines and champagnes, linking the move to French President Emmanuel Macrons refusal to join his proposed Board...

Minnesota U.S. Citizen Detained by ICE in Armed Raid Sparks Outrage and Civil Rights Concerns

A Minnesota mans traumatic encounter with U.S. Immigration and Customs Enforcement has ignited renewed debate over immigration enforcement practices and civil rights under the Trump administration. ChongLy Thao, 56, a...

Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10%

Shares of Taiwans Powerchip Semiconductor Manufacturing Corp jumped nearly 10% on Monday following news that U.S. memory chip giant Micron Technology plans to acquire one of Powerchips fabrication facilities in Taiwan,...

Tesla Revives Dojo Supercomputer Project With AI5 Chip at the Core

Tesla Inc (NASDAQ: TSLA) is set to restart development of its next-generation supercomputer, Dojo3, marking a renewed push into artificial intelligence infrastructure. Tesla CEO Elon Musk confirmed on Sunday that work on...

South Korea Seeks Favorable U.S. Tariff Terms on Memory Chip Imports

South Korea is moving to secure favorable treatment from the United States on tariffs affecting memory chip imports, following recent trade actions announced by the U.S. government. A spokesperson from South Koreas...

South Korea Sees Limited Impact From New U.S. Tariffs on Advanced AI Chips

South Koreas trade minister said a newly announced U.S. tariff on certain advanced computing chips is expected to have only a limited short-term impact on South Korean companies, while cautioning that future measures could...

Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains

Elon Musk has escalated his legal battle against OpenAI and Microsoft, seeking up to $134 billion in damages over what he claims are wrongful gains stemming from his early involvement in the artificial intelligence...

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