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Sat, Apr 04, 2026 12:09 PM All times are UTC

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Asian Currencies Steady as Yen Tests Intervention Levels and Dollar Holds Firm After U.S. Shutdown Ends

Nov 13, 2025 05:05 am UTC| Economy

Asian currencies traded mostly within tight ranges on Thursday, with investors watching the Japanese yen closely as it hovered near levels that have previously prompted government intervention. The U.S. dollar remained...

Asian Stocks Decline as Investors Rotate Out of Tech Ahead of Key Hong Kong Earnings

Nov 13, 2025 04:28 am UTC| Economy

Most Asian stock markets slipped on Thursday as investors pulled out of heavyweight technology shares amid growing concerns over high valuations and shifting focus toward major Hong Kong earnings. The move followed a mixed...

Trump Signs Bill Ending Record U.S. Government Shutdown After 43 Days

Nov 13, 2025 04:26 am UTC| Economy Politics

President Donald Trump has signed legislation officially ending the longest government shutdown in U.S. history, which lasted 43 days. The move came just hours after the House of Representatives voted 222-209 to approve a...

FAA Eases Flight Cuts as Government Shutdown Nears End

Nov 13, 2025 02:38 am UTC| Politics Governance Business Economy

The Trump administration has reduced government-imposed flight cuts at 40 major U.S. airports to 6%, signaling improving air traffic conditions as the record-long government shutdown draws to a close. The Federal Aviation...

UBS Sees Strong 2026 Gains for Emerging Markets Driven by AI and Tech Growth

Nov 13, 2025 02:35 am UTC| Economy Insights & Views

UBS forecasts a strong performance for emerging market (EM) and Asia ex-Japan equities in 2026, projecting bumper returns fueled by robust technology and artificial intelligence (AI) growth. The Swiss bank expects about a...

Bank of Japan Signals Confidence in Steady Inflation and Wage Growth

Nov 13, 2025 02:33 am UTC| Economy Central Banks

Bank of Japan (BOJ) Governor Kazuo Ueda reaffirmed the central banks commitment to achieving sustainable inflation supported by wage growth and steady economic expansion, aligning closely with Prime Minister Sanae...

Yen Near Record Low as Japan’s New PM Backs Slow Rate Hikes; Aussie Rises on Strong Jobs Data

Nov 13, 2025 02:32 am UTC| Economy

The Japanese yen hovered near a record low against the euro and a nine-month trough versus the U.S. dollar on Thursday after Japans new Prime Minister, Sanae Takaichi, urged the Bank of Japan (BOJ) to move cautiously on...

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Economy

UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire

Abu Dhabi authorities have temporarily halted operations at Habshan, the United Arab Emirates largest natural gas processing facility, following a devastating attack that triggered a major fire at the site. The incident...

Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

President Donald Trump has unveiled a bold federal budget proposal for fiscal year 2027, signaling a dramatic realignment of national spending priorities. The plan centers on a significant expansion of military funding...

U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict

A U.S. military aircraft was shot down by Iranian forces on Friday, marking a significant escalation in the ongoing five-week conflict between the United States, Israel, and Iran. Both nations confirmed the incident, with...

U.S. Job Market Braces for Slow Recovery Amid Middle East Tensions and Economic Uncertainty

The U.S. labor market is expected to post modest gains in March, recovering from Februarys sharp drop of 92,000 jobs, but persistent headwinds are keeping economists cautious. A Reuters poll forecasts nonfarm payrolls...

Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures

A senior Bank of Japan official reaffirmed the central banks commitment to continuing its interest rate hike cycle, while closely monitoring how the ongoing Middle East conflict is shaping Japans economic outlook and...

Politics

U.S. F-15E Shot Down Over Iran: One Crew Member Recovered Amid Escalating Conflict

A United States F-15E Strike Eagle fighter jet has been shot down over Iranian territory, marking the first confirmed incident of its kind since the start of the nearly five-week conflict between the U.S., Israel, and...

Judge Blocks DOJ Subpoenas in Federal Reserve Investigation, Delaying Powell Succession

A federal judge in Washington, D.C. has once again ruled against the Justice Departments efforts to revive a criminal investigation targeting Federal Reserve Chair Jerome Powell, dealing another significant blow to what...

Congo in Talks With Trump Administration to Accept Third-Country Deportees

The Democratic Republic of Congo is reportedly in discussions with the Trump administration about accepting deportees from third countries individuals who are not Congolese nationals but were living in the United States...

Russia's Easter Strikes Kill Multiple Civilians Across Ukraine

In a significant escalation of its ongoing war against Ukraine, Russia launched a massive daytime strike on Friday, killing at least six people across multiple regions, including Kyiv, Zhytomyr, Donetsk, and Kharkiv....

Iran Rejects U.S. Ceasefire Proposal Amid Ongoing Tensions

An unnamed source revealed to Irans semi-official Fars news agency on Friday that Tehran has turned down a ceasefire proposal put forward by the United States. According to the source, the offer was extended on Wednesday...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Digital Currency