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Tue, Dec 23, 2025 01:37 PM All times are UTC

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China's Central Bank Signals More Rate Cuts Amid Economic Slowdown, RRR to Drop by 50 BPS

Sep 24, 2024 15:58 pm UTC| Business Economy

The Peoples Bank of China plans to cut the reserve requirement ratio by 50 basis points, with further reductions expected by year-end. Governor Pan Gongsheng suggested additional rate cuts, including a reduction in the...

U.S. Unveils $100 Million Global AI Partnership with Tech Titans OpenAI, NVIDIA, and Meta

Sep 24, 2024 15:49 pm UTC| Business Economy

U.S. Secretary of State Antony Blinken announced a $100 million AI initiative at the United Nations AI Summit, partnering with major tech companies like OpenAI, Microsoft, and Meta. The goal is to expand AI access...

독일 정부, 12% 지분 유지 계획에 코메르츠방크·유니크레디트 주가 하락

Sep 24, 2024 11:14 am UTC| Economy Business

월요일 코메르츠방크(Commerzbank)와 유니크레디트(UniCredit)의 주가가 하락했다. 독일 정부가 코메르츠방크의 12% 지분을 당분간 유지하겠다고 밝히면서, 이탈리아 은행과의 합병이 보류될 가능성이 커졌기 때문이다. 지난 금요일...

태국, 10월 1일 최저임금 인상 연기 예정

Sep 24, 2024 11:13 am UTC| Economy

태국은 10월 1일로 예정된 최저임금 인상을 약 2주 연기할 예정이라고 월요일 한 고위 노동부 관계자가 밝혔다. 이는 인상 관련 회의에서 정족수를 충족하지 못했기 때문이다. 태국 노동부 차관 파이롯 촛티카사티엔에 따르면, 고용주,...

독일 기업 활동 위축 심화, PMI 지표 발표

Sep 24, 2024 11:13 am UTC| Economy

월요일 발표된 조사에 따르면, 9월 독일 기업 활동이 7개월 만에 가장 가파른 속도로 위축되었으며, 이는 유럽 최대 경제국인 독일이 경기 침체에 빠졌음을 시사하고 있다. SP 글로벌이 집계한 HCOB 독일 플래시 종합 구매 관리자...

영국 라이트무브, REA 그룹의 81억 달러 인수 제안 검토 예정

Sep 24, 2024 11:13 am UTC| Economy Business

영국의 부동산 매물 사이트 운영사 라이트무브(Rightmove)는 월요일, 호주 부동산 기업 REA 그룹의 61억 파운드(81억2천만 달러) 인수 제안을 신중히 검토할 것이라고 밝혔다. 이는 두 차례의 이전 제안을 거절한 후 나온 것이다. 최신...

유럽 주식 혼조세, PMI 및 코메르츠방크 주목

Sep 24, 2024 11:12 am UTC| Economy

유럽 주식시장은 월요일 혼조세를 보이며, 투자자들이 지난주 연방준비제도(Fed)의 대규모 금리 인하를 소화하는 가운데 신중한 출발을 보였다. 그리니치 표준시(GMT) 07:10 기준, 독일 DAX 지수는 0.1% 상승, 영국 FTSE 100 지수는...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

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...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...