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Sun, Jan 18, 2026 12:44 PM All times are UTC

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Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Eases Supply Limits

Mar 07, 2025 12:22 pm UTC| Economy Business

Saudi Arabia has lowered oil prices for its key Asian market as OPEC+ starts to ease production cuts. State-owned Saudi Aramco (TADAWUL:2222) will reduce the Arab Light crude price by 40 cents per barrel for April, a...

Gold Prices Steady Amid Dollar Weakness and Trade Policy Uncertainty

Mar 07, 2025 12:22 pm UTC| Economy

Gold prices remained stable in Asian trading on Friday, poised for a nearly 2% weekly gain as the U.S. dollar hovered near a four-month low. Investors remained cautious ahead of a key U.S. employment report that could...

European Stocks Slide as ECB Cuts Rates and U.S. Trade Uncertainty Weighs on Markets

Mar 07, 2025 12:22 pm UTC| Economy Central Banks

European stock markets tumbled Friday following the European Central Banks latest rate cut and concerns over U.S. trade policy shifts. At 09:03 GMT, the Stoxx 600 fell 0.9%, Germanys DAX dropped 1.5%, Frances CAC 40...

China’s Trade Surplus Soars as Imports Plunge Amid U.S. Tariffs

Mar 07, 2025 12:21 pm UTC| Economy

Chinas trade surplus surged to $172.5 billion in the first two months of 2025, far surpassing the projected $143.1 billion. The unexpected 8.4% drop in imports, driven by weak domestic demand and escalating U.S.-China...

U.S. Plans Port Fees on Fleets Linked to China, Pressures Allies to Follow

Mar 07, 2025 06:11 am UTC| Economy Politics

The U.S. is preparing to impose port fees on ships tied to Chinese-built or Chinese-flagged vessels, aiming to revive domestic shipbuilding and counter Chinas dominance in global shipping. A draft executive order under...

Iron Ore Futures Rebound After Losing Streak but Face Weekly Drop Amid China Steel Cuts and Trade Tensions

Mar 07, 2025 06:11 am UTC| Economy

Iron ore futures in Dalian edged higher on Friday after nine consecutive losses but remained on track for a weekly decline due to concerns over Chinas steel production cuts and escalating U.S.-China trade tensions. The...

Japan Signals End to Deflation as Key Economic Indicators Turn Positive

Mar 07, 2025 06:11 am UTC| Economy Central Banks

Japan has cleared a crucial threshold for officially declaring an end to long-term deflation, according to Economy Minister Ryosei Akazawa. This optimism could influence the Bank of Japans (BOJ) approach to future interest...

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Economy

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...

Russia Stocks End Mixed as MOEX Index Closes Flat Amid Commodity and Currency Moves

Russian stocks finished the latest trading session mixed after the close on Saturday, as gains in select blue-chip shares were offset by declines in energy and technology names. By the end of trading in Moscow, the MOEX...

EU Ambassadors Hold Emergency Talks as Trump Threatens Tariffs Over Greenland Dispute

Ambassadors from the European Unions 27 member states are set to gather on Sunday for an emergency meeting following escalating tensions with the United States, after U.S. President Donald Trump threatened a new wave of...

Macron Warns EU Will Respond to U.S. Tariff Threats Over Greenland

French President Emmanuel Macron has strongly criticized recent tariff threats reportedly made by U.S. President Donald Trump concerning Greenland, warning that Europe will not tolerate economic intimidation and will...

Trump Administration Pushes Rollback of Vehicle Emissions Rules to Lower Car Prices

Senior officials from the Trump administration are promoting major changes to U.S. auto policy, arguing that rolling back vehicle emissions regulations will help lower car prices and address affordability concerns for...

Politics

Pentagon Prepares Troops for Possible Minnesota Deployment Amid Deportation Protests

The Pentagon has placed roughly 1,500 active-duty U.S. Army soldiers on prepare-to-deploy status amid escalating protests in Minnesota linked to the federal governments immigration enforcement campaign, according to U.S....

Pedro Sánchez Warns U.S. Greenland Move Could Undermine NATO and Benefit Russia

Spanish Prime Minister Pedro Sánchez has warned that any attempt by the United States to invade or forcibly acquire Greenland would seriously damage NATO unity and ultimately benefit Russian President Vladimir...

U.S. Military Kills Al Qaeda-Linked Leader Connected to Deadly ISIS Attack in Syria

U.S. military forces have killed a senior al Qaeda affiliate leader in Syria who was directly linked to a recent Islamic State (ISIS) attack that targeted American personnel, according to a statement released by U.S....

JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony

United States Vice President JD Vance will lead the American presidential delegation to the opening ceremony of the Milano Cortina Winter Olympics, President Donald Trump announced on Saturday. The highly anticipated...

DOJ Urges Judge to Block Lawmakers’ Bid for Special Master in Jeffrey Epstein Records Case

The U.S. Justice Department has formally asked a New York federal judge to reject a request by two bipartisan lawmakers seeking court oversight of the public release of records related to the late financier and convicted...

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

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...

China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production

Suppliers producing key components for Nvidias H200 artificial intelligence chips have reportedly paused production after Chinese customs authorities blocked shipments of the newly approved AI processors from entering...

California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery

California Attorney General Robert Bonta has issued a cease-and-desist letter to Elon Musks artificial intelligence company xAI, demanding an immediate stop to the creation and distribution of AI-generated nonconsensual...

TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure

TikTok is set to roll out new age-detection technology across Europe in the coming weeks, as the popular social media platform faces increasing regulatory scrutiny over child safety and age verification. The move follows a...