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Fri, Jan 16, 2026 01:40 PM All times are UTC

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Philippines' Trade Deficit Slightly Widens to $4.6 Billion in May

Jul 11, 2024 20:42 pm UTC| Economy

According to the Philippine Statistics Authority, the countrys trade deficit slightly increased to $4.6 billion in May. Both exports and imports experienced annual declines, with exports down 3.1% and imports decreasing by...

Global Wealth Rebounds Post-Pandemic, Driven by U.S. and Emerging Markets

Jul 11, 2024 20:39 pm UTC| Economy

Global wealth increased by 4.2% in 2023, according to UBSs latest wealth report. Despite ongoing inflation, the United States and emerging markets drove this rebound, showcasing significant growth in wealth accumulation...

UN Condemns Libya's Leaders for Human Rights Abuses to Retain Power

Jul 11, 2024 05:06 am UTC| Economy

The UNs chief human rights official has accused Libyas political leaders of severe human rights abuses to suppress dissent and retain power, worsening the nations crisis and deepening its social and economic divides. UN...

Oxford Economics: Inflation to Rise Regardless of 2024 Election Outcome

Jul 11, 2024 02:07 am UTC| Economy

Inflation is set to rise regardless of the 2024 election outcome, according to Oxford Economics. Their analysis suggests varying degrees of impact based on policies implemented by either Biden or Trump. Oxford...

India's Inflation Rises in June Amid Surging Vegetable Prices, Reuters Poll Shows

Jul 10, 2024 14:35 pm UTC| Economy

According to a Reuters poll, Indias consumer price inflation likely rose in June, reversing five months of declines. The increase was driven by a surge in vegetable prices caused by extreme weather disrupting agricultural...

Asia-Pacific Markets Mixed; Japan's Nikkei Nears High as China Inflation Misses Expectations

Jul 10, 2024 14:32 pm UTC| Economy

On July 10, Asia-Pacific markets showed mixed performance despite positive signals from Wall Street. Japans Nikkei 225 approached its all-time intraday high, while Chinas consumer price index for June fell short of...

Fed Chair Powell Warns Congress: Delaying Rate Cuts Could Harm Economic Growth and Jobs

Jul 10, 2024 14:27 pm UTC| Economy

Jerome Powell, the US Federal Reserve Chairman, cautioned Congress on July 9 that maintaining high interest rates for too long could harm economic growth and employment. He emphasized the importance of carefully timing...

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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...