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Gold Prices Edge Lower as Dollar Strengthens Amid U.S.-Iran Tensions

Jun 23, 2025 08:15 am UTC| Economy

Gold prices slipped slightly in Asian trading Monday, pressured by a stronger U.S. dollar following American military strikes on key Iranian nuclear sites. The geopolitical escalation in the Middle East shifted safe-haven...

Asian Currencies Slip After U.S. Strikes Iran, Dollar Climbs

Jun 23, 2025 04:56 am UTC| Economy

Most Asian currencies fell on Monday as the U.S. dollar strengthened in the wake of American strikes on three Iranian nuclear facilities, stoking demand for safe-haven assets. The dollar index added roughly 0.3% in early...

Surge in Applications for New Zealand’s Revamped Golden Visa Program

Jun 23, 2025 04:31 am UTC| Governance Economy

New Zealand has seen a surge in applications for its revamped foreign investor migrant visa, as the centre-right government aims to attract high net-worth individuals to boost economic growth. The Active Investor Plus visa...

South Korea Warns of Trade Risks Amid U.S.-Iran Tensions and Oil Price Surge

Jun 23, 2025 04:18 am UTC| Economy

South Korea has raised concerns over the economic fallout from the recent U.S. airstrikes on Iran, particularly regarding the countrys trade and energy stability. First Vice Industry Minister Moon Shin-hak said Monday that...

UK Unveils Industrial Strategy to Cut Energy Bills and Boost Growth

Jun 23, 2025 02:16 am UTC| Economy

The UK government will unveil a new industrial strategy aimed at slashing energy bills for more than 7,000 electricity-intensive businesses by up to 25% starting in 2027. The initiative, part of the 20252035 economic...

Dollar Gains Slightly as Markets Brace for Iran’s Response to U.S. Strikes

Jun 23, 2025 02:11 am UTC| Economy

The U.S. dollar edged higher on Monday as investors sought safety amid escalating tensions in the Middle East following U.S. airstrikes on Irans nuclear facilities. The greenback saw modest gains, with the dollar index up...

Goldman Sachs Warns Oil Could Spike to $110 on Hormuz Disruption

Jun 23, 2025 01:28 am UTC| Economy Insights & Views

Goldman Sachs has issued a warning about growing risks to global energy markets, pointing to potential disruptions in the Strait of Hormuza vital chokepoint for oil and gas shipments. In a research note dated Sunday, the...

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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...

European Stocks Slide as Trump Tariff Threats Rekindle Trade Tensions

European shares fell sharply on Monday as fresh tariff threats from U.S. President Donald Trump rattled global markets, reigniting trade tensions and casting uncertainty over previously reached agreements. The renewed...

Trump Escalates Greenland Rhetoric, Citing Russia Threat and Pressure on Denmark

U.S. President Donald Trump intensified tensions with Europe on Sunday after claiming that Denmark has failed to counter what he described as a growing Russian threat to Greenland, adding that the United States would move...

Asian Currencies Steady as China Growth Lifts Yuan Amid U.S. Tariff Concerns

Most Asian currencies traded largely unchanged on Monday as markets adopted a cautious, risk-off stance following renewed U.S. tariff threats against Europe, even as slightly stronger-than-expected economic data from China...

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...
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