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Fri, Apr 10, 2026 03:12 AM All times are UTC

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Trump Says TikTok Deal Still Possible Amid China Tensions

Apr 11, 2025 11:18 am UTC| Politics Business

President Donald Trump said Wednesday that a potential deal to spin off TikToks U.S. operations remains on the table, despite recent delays and mounting political pressure. The short video app, used by over 170 million...

Volkswagen Doubles Europe EV Sales in Q1 2025, Leads Market with 26% Share

Apr 11, 2025 11:17 am UTC| Business

Volkswagen Group (ETR:VOWG) nearly doubled its all-electric vehicle (BEV) deliveries in Europe during Q1 2025, reinforcing its position as the regions top EV manufacturer. The German automaker reported a 113% year-on-year...

Citi Cuts Japan 2025 Growth Outlook Amid Rising U.S. Tariffs and Global Tensions

Apr 11, 2025 11:17 am UTC| Business Economy

Citi has lowered its 2025 economic growth forecast for Japan, citing escalating U.S. trade tariffs and weakening global demand. The investment bank now expects Japans GDP to grow just 0.9% in 2025, down from its previous...

Frontier Airlines Withdraws 2025 Forecast Amid Weak Travel Demand and Trade War Fears

Apr 11, 2025 11:17 am UTC| Business

Frontier Group, the parent company of Frontier Airlines, has withdrawn its 2025 outlook and warned of a larger-than-expected first-quarter loss due to declining travel demand, triggered by the ongoing U.S.-China trade war....

BlackRock Q1 Profit Dips Amid Market Volatility and Rising Costs

Apr 11, 2025 11:15 am UTC| Business

BlackRock, the worlds largest asset manager, reported a decline in first-quarter profit due to higher operating expenses and increased market uncertainty. Net income dropped to $1.51 billion, or $9.64 per share, from $1.57...

Hyatt Expands in India Amid Rising Travel Demand and Growing Middle Class

Apr 11, 2025 11:12 am UTC| Business

Hyatt Hotels (NYSE:H) is ramping up its presence in India, targeting the countrys booming population, urbanization, and rising consumer spending to fuel double-digit revenue growth in fiscal 2026. With over 1.4 billion...

Pentagon Cuts $5.1B in IT Contracts with Accenture, Deloitte to Curb Spending

Apr 11, 2025 11:12 am UTC| Politics Business

U.S. Defense Secretary Pete Hegseth has ordered the cancellation of information technology service contracts valued at $5.1 billion, including agreements with major consulting firms Accenture (NYSE: ACN) and Deloitte. The...

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Economy

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Trump Slams Iran Over Strait of Hormuz Oil Restrictions Amid Fragile Ceasefire

President Donald Trump publicly criticized Iran on Thursday over its handling of oil shipments through the Strait of Hormuz, escalating tensions just days after a tentative ceasefire agreement between Washington and...

Oil Prices Rise Amid Strait of Hormuz Tensions and U.S.-Iran Talks

Oil prices climbed during Asian trading on Friday, building on Thursdays modest recovery, as markets remained on edge over ongoing supply disruptions in the Middle East and closely watched diplomatic developments ahead of...

Gold Prices Rise on Weaker Dollar and Ceasefire Hopes

Gold prices edged higher on Thursday, supported by a softer U.S. dollar and improving geopolitical sentiment after Israel announced plans to open direct negotiations with Lebanon. The development offered a measure of...

China's Inflation Data Misses Forecasts as Consumer Prices Slow in March

Chinas latest inflation figures came in below market expectations in March, highlighting the ongoing disinflationary challenges facing the worlds second-largest economy. According to official data released Friday, the...

Politics

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

President Donald Trump escalated tensions with Iran on Wednesday, declaring that all U.S. military assets including ships, aircraft, and personnel would remain stationed in the region until a formal agreement with Tehran...

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

Treasury Secretary Scott Bessent is calling on Congress to pass landmark federal cryptocurrency legislation, warning that regulatory uncertainty is pushing blockchain innovation and investment out of the United States. In...

North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

North Korea has conducted a series of weapons tests this week, showcasing cutting-edge military technology including cluster-bomb warheads, electromagnetic weapons, and carbon-fibre bombs, according to state media outlet...

Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

A U.S. federal appeals court has dismissed the case against former Honduran President Juan Orlando Hernández, vacating his prior conviction following a presidential pardon granted by Donald Trump in December. The...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...

Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...