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Fri, Jan 16, 2026 03:16 PM All times are UTC

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Asian Markets Slide as Investors Await Key U.S. Economic Data and Fed Signals

Aug 22, 2024 03:31 am UTC| Economy

Asian markets declined on August 21, ending a strong recovery streak in global equities. The dip comes as investors anticipate key U.S. economic data and Federal Reserve speeches, which could signal future interest rate...

Japan’s Exports Surge 10.3% in July, Boosted by Weaker Yen and Auto Demand

Aug 22, 2024 03:12 am UTC| Economy

Japans exports increased by 10.3% in July, driven primarily by a weaker yen and robust demand for chip parts and automobiles, according to data from the Ministry of Finance. Despite a surge in imports, the rise in exports...

UAW Threatens Nationwide Strike as Stellantis Allegedly Breaks Production Promises

Aug 20, 2024 15:43 pm UTC| Economy

The United Auto Workers union announced on August 19 that it may initiate a nationwide strike against Stellantis, accusing the automaker of failing to uphold production commitments. The dispute, involving tens of thousands...

Oil Prices Drop 2% Amid Gaza Ceasefire Talks and China's Economic Slowdown

Aug 20, 2024 15:39 pm UTC| Economy

Oil prices fell by 2% on August 19, with Brent crude dropping below $80 per barrel. The decline comes as successful Middle Eastern peace talks seem likely to reduce supply risks, coupled with concerns over weakening demand...

Rising Household Debt in South Korea Signals Central Bank's Reluctance for Rate Cuts

Aug 20, 2024 15:36 pm UTC| Economy

South Koreas household debt surged last quarter, reaching 1,896 trillion won, as mortgage loans soared by 5.9%. This increase is likely to deter the Bank of Korea from considering an interest rate cut when it meets on...

Ethiopia’s $1 Billion Debt Restructure Faces Investor Pushback Amid Economic Uncertainty

Aug 20, 2024 15:05 pm UTC| Economy

Ethiopia is pushing forward with the restructuring of its $1 billion international bond, despite investor concerns over the governments proposed debt haircut. The nations efforts come amid severe foreign currency shortages...

A more varied diet would help the world’s economy as well as its health

Aug 20, 2024 05:23 am UTC| Economy

More than 75% of the food consumed in the world today comes from just 12 plant and five animal species. The over-dependence on this small selection, which includes rice, maize and wheat, damages the environment and human...

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Economy

Australia Treasurer Backs RBA Governor’s Support for Fed Chair Jerome Powell Amid Independence Concerns

Australias Treasurer Jim Chalmers has publicly backed Reserve Bank of Australia (RBA) Governor Michele Bullock after she joined a group of global central bank leaders in expressing solidarity with U.S. Federal Reserve...

Asian Currencies Trade Narrowly as US Dollar Holds Near Six-Week High on Strong Data

Most Asian currencies traded within tight ranges on Friday, while the U.S. dollar remained firm near a six-week high, supported by strong U.S. economic data and fading expectations for imminent Federal Reserve rate cuts....

Canada–China Strategic Partnership Signals Reset With Historic Economic Potential

Canada and China are moving toward a renewed strategic partnership that could deliver historic economic gains by building on the complementary strengths of both nations, Canadian Prime Minister Mark Carney said during...

Malaysia Economy Posts Strong Q4 2025 Growth on Domestic Demand Boost

Malaysias economy recorded a solid expansion of 5.7% year-on-year in the fourth quarter of 2025, according to official advance estimates released on Friday, marking its fastest growth pace in more than a year. The robust...

Retail Investors Crowd Into Silver as Prices Surge to Record Highs

Individual investors are buying silver at an unprecedented pace, turning the metal into one of the most crowded commodity trades in global markets, according to a new report from Vanda Research. Over the past 30 days...

Politics

U.S. and Mexico Reaffirm Security Partnership Amid Calls for Stronger Border Action

Mexican Foreign Minister Juan Ramón de la Fuente and U.S. Secretary of State Marco Rubio held a high-level call on Thursday focused on security cooperation and the future of the U.S.-Mexico partnership, according to...

Former South Korean President Yoon Suk Yeol Faces Historic Court Ruling Over Failed Martial Law Attempt

Former South Korean President Yoon Suk Yeol is set to face his first court ruling on Friday in a landmark criminal case tied to his failed attempt to impose martial law, a political crisis that stunned the nation and drew...

Schumer Urges Trump to Halt ICE Raids, Citing Fear in U.S. Cities

U.S. Senate Democratic Leader Chuck Schumer sharply criticized Immigration and Customs Enforcement operations during a meeting with President Donald Trump on Thursday, warning that ongoing ICE raids in major U.S. cities...

U.S.–Taiwan Trade Deal Spurs $500 Billion Semiconductor Investment in America

A new U.S. trade deal with Taiwan is set to significantly reshape the global semiconductor landscape, with massive investments aimed at strengthening chip manufacturing in the United States. According to Commerce Secretary...

Trump Pushes Gaza Demilitarization Deal With Backing From Egypt, Turkey, and Qatar

U.S. President Donald Trump said on Thursday that Egypt, Turkey, and Qatar are backing his push for a comprehensive demilitarization agreement with Hamas, as Washington moves forward with the next phase of its plan to end...

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

Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion

Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its Managing Director of India, signaling a major push into one of the worlds fastest-growing AI markets. The appointment...

TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) shares surged to a record high in Taipei trading on Friday, underscoring strong investor confidence driven by robust fourth-quarter earnings and sustained demand from the...

Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft

A federal judge in Oakland, California, has rejected renewed attempts by OpenAI and Microsoft to dismiss a high-profile lawsuit filed by Elon Musk, allowing the case to proceed to a jury trial starting April 27. The ruling...

Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement

Major publishing companies Hachette Book Group and Cengage Group have formally asked a California federal court for permission to intervene in a proposed class action lawsuit against Google, intensifying the ongoing legal...

China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO

Chinas artificial intelligence capabilities are rapidly catching up to those of the United States and other Western nations, according to Demis Hassabis, CEO of Google DeepMind. Speaking on a CNBC podcast, Hassabis said...