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Mon, Jan 19, 2026 02:06 AM All times are UTC

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Trump Urges Fed to Cut Interest Rates, Criticizes Powell

May 17, 2025 21:00 pm UTC| Politics Governance Economy

U.S. President Donald Trump called on the Federal Reserve to cut interest rates sooner rather than later, emphasizing the growing consensus for easing monetary policy. In a social media post on Saturday, Trump also took a...

Vietnam, U.S. Begin Key Trade Talks Amid Looming Tariff Threat

May 17, 2025 05:04 am UTC| Economy Politics

Vietnam and the United States held their first direct ministerial-level trade negotiations on Friday in Jeju, South Korea, following the APEC Ministerial Meeting. The discussions come ahead of a potentially crippling 46%...

GOP Infighting Blocks Trump Tax Bill Amid Moody’s U.S. Credit Downgrade

May 17, 2025 04:25 am UTC| Politics Economy

Hardline Republicans in the U.S. House blocked President Donald Trumps proposed tax bill on Friday, just hours before Moodys downgraded the U.S. governments credit rating due to surging debt. The bill, aimed at extending...

Wall Street Rallies for Fifth Day Amid Tariff Truce and Rate Cut Hopes

May 17, 2025 03:59 am UTC| Economy

Wall Street closed higher on Friday, marking its fifth consecutive day of gains, as investors reacted positively to easing U.S.-China trade tensions despite concerning economic data. The SP 500, Nasdaq, and Dow all posted...

Gold Slumps as US-China Trade Truce Dents Safe-Haven Demand

May 16, 2025 07:06 am UTC| Economy

Gold prices declined in Asian trading on Friday, with spot gold dropping 0.8% to $3,214.90 per ounce and June futures down 0.3% to $3,217.65. The precious metal is on track for its steepest weekly loss since November 2024,...

Japan to Release More Emergency Rice as Prices Soar Amid Heatwave and Tourism Boom

May 16, 2025 06:56 am UTC| Economy Governance

Japan will release an additional 300,000 metric tons of rice from its emergency stockpile by July to address a nationwide shortage and curb surging prices. This move follows the release of 310,000 tons since Marchthe first...

Malaysia’s Q1 2025 GDP Growth Slows to 4.4% Amid Global Trade Tensions

May 16, 2025 06:42 am UTC| Economy

Malaysias economy expanded by 4.4% year-on-year in the first quarter of 2025, slightly below Reuters forecast of 4.5%, but in line with government expectations, official data showed Friday. On a quarter-on-quarter...

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Economy

Global Markets Slide as Trump Tariff Threats Shake Stocks, Boost Gold and Yen

U.S. stock futures fell sharply on Monday as fresh tariff threats from President Donald Trump rattled global financial markets, pushing investors toward traditional safe-haven assets such as gold, the Japanese yen, and the...

China’s Economic Growth Slows as Structural Challenges and Trade Risks Weigh on Outlook

Chinas economic growth likely cooled to a three-year low in the fourth quarter, reflecting weaker domestic demand even as the full-year performance stayed close to Beijings official target. According to a Reuters poll,...

Japan Snap Election Fuels Debate Over Consumption Tax Cut Amid Rising Living Costs

Japans expected snap general election is intensifying debate over a possible cut to the consumption tax, as both ruling and opposition parties signal support for easing the burden on households facing rising living costs....

Starmer Criticizes Tariffs on NATO Allies in Call With Trump

British Prime Minister Keir Starmer has expressed strong opposition to the idea of imposing tariffs on NATO allies, arguing that such measures undermine collective security efforts. Starmer made his position clear during a...

Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure

The proposed merger between mining giants Rio Tinto and Glencore could face significant regulatory challenges, particularly from China, the worlds largest commodity buyer. Analysts and legal experts suggest that to secure...

Politics

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...

Pentagon Prepares Alaska Troops for Possible Minnesota Deployment Amid Immigration Protests

The Pentagon has ordered approximately 1,500 active-duty U.S. Army soldiers stationed in Alaska to prepare for a potential deployment to Minnesota, as large-scale protests erupt over the federal governments immigration...

EU Prepares Retaliation as Trump Tariff Threats Over Greenland Escalate Transatlantic Tensions

European Union ambassadors have reached broad agreement to intensify diplomatic efforts aimed at discouraging U.S. President Donald Trump from imposing new tariffs on European allies, while simultaneously preparing...

Trump Administration Held Secret Talks With Venezuela’s Diosdado Cabello Ahead of Maduro Ouster

Senior officials from the Trump administration held months-long communications with Venezuelas powerful interior minister Diosdado Cabello prior to the U.S.-led operation that resulted in the seizure and removal of...

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