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Mon, Jan 19, 2026 10:27 PM All times are UTC

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IMF Eases Argentina Reserve Targets in $20B Program Ahead of 2026

Aug 02, 2025 03:27 am UTC| Economy

The International Monetary Fund (IMF) has adjusted Argentinas reserve accumulation targets in its $20 billion program, lowering requirements through 2026 while maintaining the 2027 goal. The revision, disclosed in an IMF...

Global Stocks Plunge as Weak U.S. Jobs Data Fuels Recession Fears and Rate Cut Bets

Aug 02, 2025 02:06 am UTC| Economy

Global markets tumbled Friday after weaker-than-expected U.S. jobs data heightened recession concerns and boosted expectations for a Federal Reserve rate cut in September. MSCIs global equities index fell 1.32% to 917.39,...

U.S. Jobs Data Revisions and Trump’s BLS Firing Spark Market Turmoil

Aug 02, 2025 02:04 am UTC| Economy

U.S. markets were rattled Friday as sharp downward revisions to prior jobs data and President Donald Trumps sudden firing of the Bureau of Labor Statistics (BLS) chief fueled fears over economic data reliability and...

S&P 500 Falls as Weak Jobs Report, Trump Tariffs Shake Markets

Aug 02, 2025 01:51 am UTC| Economy

U.S. stocks closed sharply lower Friday after a disappointing July jobs report fueled recession fears and renewed volatility in tech shares led by Amazon. The Dow Jones Industrial Average dropped 542 points (1.7%), the SP...

Gold Prices Steady as Strong Dollar Offsets Safe-Haven Demand Amid US Tariff Escalation

Aug 01, 2025 07:54 am UTC| Economy

Gold prices remained largely unchanged in Asian trade on Friday, poised for a third consecutive weekly decline as a stronger U.S. dollar outweighed safe-haven demand driven by escalating trade tensions. Spot gold edged up...

Cambodia Secures 19% U.S. Tariff, Safeguarding $10B Garment Exports

Aug 01, 2025 04:33 am UTC| Politics Economy

Cambodia has secured a 19% tariff rate on its exports to the United States, a move Deputy Prime Minister Sun Chanthol said was crucial to protecting the countrys garment and footwear industry from collapse. Speaking to...

Asian Currencies Weaken as Dollar Gains Ahead of U.S. Jobs Data

Aug 01, 2025 04:30 am UTC| Economy

Asian currencies slipped on Friday, pressured by escalating trade tensions from President Donald Trumps new tariffs and expectations that U.S. interest rates will stay elevated longer. The dollar strengthened, trading near...

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Economy

Tariff Tremors: Trump’s Greenland Fight Rattles Global Markets

Fears of a global trade war have been revived by President Trumps declaration of 10% tariffs on imports from eight EU countries over issues connected with Greenland on January 17, 2026. Against a backdrop of strained...

France Nears 2026 Budget Deal as Government Offers Concessions to Avoid No-Confidence Vote

France is moving closer to securing a 2026 budget deal after months of political deadlock, following new concessions proposed by President Emmanuel Macrons minority government. Senior Socialist lawmaker Boris Vallaud said...

Asian Stock Markets Slide as Trump’s Greenland Tariff Threat Shakes Global Sentiment

Asian stock markets mostly declined on Monday as renewed trade tariff threats from U.S. President Donald Trump reignited global risk aversion. Investor sentiment weakened after Trump announced potential tariffs of up to...

China Economic Growth Slows in Q4 as Domestic Demand Weakens Despite Meeting 2025 Target

Chinas economic growth slowed to a three-year low in the fourth quarter, highlighting mounting pressure on the worlds second-largest economy as weak domestic demand, a prolonged property downturn, and structural imbalances...

Oil Prices Steady in Asia as Iran Supply Fears Ease and Trump Tariff Threats Weigh

Oil prices were largely steady during Asian trading on Monday, reflecting a cautious market mood after significant volatility last week driven by geopolitical and trade-related developments. Brent crude futures for March...

Politics

Kazakh President Tokayev Accepts Invitation to Join Trump-Proposed “Board of Peace”

Kazakh President Kassym-Jomart Tokayev has agreed to join the proposed Board of Peace, an international initiative put forward by U.S. President Donald Trump, according to statements from Tokayevs spokesperson. The...

Trump Criticizes NYSE Texas Expansion, Calls Dallas Exchange a Blow to New York

U.S. President Donald Trump has sharply criticized the establishment of a Dallas-based stock exchange branded as a New York Stock Exchange, calling the move unbelievably bad for New York and warning that it represents a...

CBS News to Air Delayed 60 Minutes Report on El Salvador’s CECOT Mega-Prison

CBS News is set to air a previously postponed 60 Minutes investigation on Sunday night, focusing on El Salvadors controversial CECOT mega-prison and the treatment of migrants deported from the United States. The report,...

Vietnam Communist Party Congress to Shape Leadership and Economic Strategy

Hundreds of delegates from Vietnams ruling Communist Party are gathering in Hanoi under tight security for a pivotal week-long congress that will determine the countrys top leadership and set economic and security...

Iran Warns of Harsh Response to Possible U.S. Strike Amid Deadly Nationwide Protests

Irans president has warned that any U.S. military strike against the country would trigger a harsh and regrettable response, as Iran faces mounting international scrutiny over its deadliest wave of protests in decades. The...

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...

Digital Currency