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Tue, Dec 23, 2025 11:50 AM All times are UTC

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Japan Leadership Candidates Back Wage Growth, Differ on Strategies for Household Support

Sep 14, 2024 15:32 pm UTC| Business Economy

As Japans leadership candidates vie for the prime minister position, all contenders agree on continuing wage growth but differ on how to best support households amid rising prices. Some advocate for cash handouts, while...

Central Banking Series

Central banks should be independent of government. But our research shows they are under political pressure

Sep 14, 2024 08:04 am UTC| Insights & Views Economy Central Banks

In 2023, central banks, which manage the monetary policy of a country, faced unprecedented financial losses the US Federal Reserve alone reported a record US$114.3 billion (86 billion) operating loss. Losses like this...

$84bn lost to housing tax lurks? That would go a long way towards ending the housing crisis

Sep 14, 2024 08:03 am UTC| Insights & Views Economy

Australias deep housing crisis is causing enduring and widespread harm. A key impact is that it is increasing inequality. The children of parents who have paid off their mortgage and have disposal income are far more...

보잉 노동자 파업 예고, 노조 노동 계약 거부로 주가 하락

Sep 14, 2024 08:02 am UTC| Economy Business

보잉(Boeing) 공장 직원 3만 명 이상이 임금 인상을 요구하며 파업에 돌입할 예정이다. 미국 태평양 북서부 지역의 보잉 노동자들이 파업을 찬성하며 항공산업 대기업에 또 다른 도전 과제가 생겼다. 보잉 주가는 금요일 미국 프리마켓...

중국, 에버그란데 감사 관련 PwC에 6개월 금지 및 대규모 벌금 부과

Sep 14, 2024 08:02 am UTC| Economy

중국 규제 당국은 금요일 파산한 부동산 개발업체 중국 에버그란데(중국명: 헝다그룹) 그룹의 감사를 이유로 PwC 중국 본사에 대해 6개월 업무 정지와 6억4천1백만 위안(6천2백만 달러)의 기록적인 벌금을 부과했다. 중국...

주식 상승, 금 사상 최고치 기록…투자자들 공격적 금리 인하 고려

Sep 14, 2024 08:02 am UTC| Economy

미국 주식은 금요일 상승세로 출발했고, 금은 사상 최고치를 기록했다. 이는 다음 주 연방준비제도(Fed)의 대규모 금리 인하에 대한 투자자 기대가 급격히 변화한 데 따른 결과이다. 주식, 미 국채 가격, 원자재 모두 상승했다. 이는...

Digital Currency Revolution

하와이, 혁신적 규제 변화로 주요 암호화폐 허브 부상

Sep 14, 2024 07:59 am UTC| Digital Currency Economy

하와이의 최근 규제 변화가 주의 암호화폐 부문 성장에 큰 영향을 미치고 있다. 트란작(Transak)과 메타마스크(MetaMask) 같은 기업들이 사업을 확장하면서, 하와이는 블록체인 혁신의 중요한 허브로 빠르게 자리매김하고...

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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...