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Oil Prices Drop as Israel-Hamas Ceasefire Eases War Premium

Oct 09, 2025 01:36 am UTC| Economy

Oil prices declined in early Thursday trading after Israel and Hamas agreed to the first phase of a plan aimed at ending the long-standing conflict in Gaza. The announcement reduced the war risk premium on crude, prompting...

BOJ May Hike Rates in October as Yen’s Slide Deepens, Says Former Executive

Oct 08, 2025 05:53 am UTC| Economy Central Banks

The yens sharp decline following Sanae Takaichis rise in Japans political landscape may pressure the Bank of Japan (BOJ) to raise interest rates sooner than expected, possibly as early as this month, according to former...

Malaysia’s 2026 Budget Expected to Boost Subsidies Amid Fiscal Tightening Efforts

Oct 08, 2025 05:51 am UTC| Economy

Malaysia is expected to increase spending on public subsidies and social assistance in its 2026 national budget as the government seeks to ease the burden of rising living costs while maintaining fiscal discipline....

Honda Faces Market Shake-Up as Vietnam Accelerates Electric Motorbike Transition

Oct 08, 2025 05:48 am UTC| Business Economy Politics Governance

Hondas long-standing dominance in Vietnams motorbike market is facing growing pressure as the government pushes for a rapid shift toward electric vehicles (EVs), giving local manufacturer VinFast a major boost. Following...

Trump Yet to Finalize Plan for Fannie Mae and Freddie Mac Public Listing

Oct 08, 2025 02:52 am UTC| Politics Economy Business

U.S. President Donald Trump has not yet made a decision on the long-discussed plan to publicly relist mortgage giants Fannie Mae and Freddie Mac, according to Federal Housing Director Bill Pulte. Speaking on Tuesday, Pulte...

New Zealand Central Bank Cuts Interest Rate to 2.5% Amid Economic Weakness

Oct 08, 2025 02:47 am UTC| Economy Central Banks

New Zealands central bank shocked some analysts by slashing its benchmark interest rate by 50 basis points to 2.5%, signaling deep concern over the countrys sluggish economic recovery. The Reserve Bank of New Zealand...

Gold Prices Hit Record $4,000 as Investors Seek Safety Amid Global Uncertainty

Oct 08, 2025 02:45 am UTC| Economy

Gold prices soared past the historic $4,000 per ounce mark on Wednesday, reaching an all-time high as investors flocked to the precious metal amid rising economic and geopolitical instability. Spot gold rose 0.3% to...

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Economy

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...

Asian Stocks Slide as Trump-Greenland Tensions and Japan Election Jitters Rattle Markets

Asian stocks declined broadly on Tuesday, extending sharp losses from the previous session as investors remained cautious amid rising geopolitical tensions and political uncertainty. Regional markets were unsettled by...

Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness

The Bank of Japan (BOJ) is widely expected to raise its economic growth forecast this Friday and signal its readiness to tighten monetary policy further, as persistent yen depreciation and expectations of solid wage growth...

China Holds Loan Prime Rates Steady in January as Market Expectations Align

China kept its benchmark lending rates unchanged for the eighth consecutive month in January, signaling a continued cautious approach to monetary policy amid a fragile economic recovery. The decision, announced on Tuesday,...

Dollar Slides to One-Week Low as White House Threats Spark ‘Sell America’ Trade

The U.S. dollar weakened to its lowest level in a week during early trading on Monday as renewed geopolitical tensions involving the White House and the European Union triggered a broad selloff across U.S. financial...

Politics

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...

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...

Russian Drone and Missile Attack Disrupts Power and Water in Kyiv

Russian forces carried out a large-scale combined drone and missile attack on Ukraines capital, Kyiv, early Tuesday, causing significant disruptions to essential infrastructure and injuring at least one person, according...

Trump Administration Appeals Judge’s Order Limiting ICE Tactics in Minneapolis

The Trump administration has filed an appeal against a federal judges ruling that restricts certain tactics used by U.S. immigration agents during enforcement operations in Minneapolis, escalating tensions surrounding...

Syrian Government Consolidates Control as Kurdish Forces Withdraw from Key Regions

Syrian government troops tightened their control over large parts of northern and eastern Syria on Monday after Kurdish-led forces abruptly withdrew, marking a major shift in the countrys balance of power. The pullback by...

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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