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Sun, Apr 05, 2026 08:07 PM All times are UTC

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South Korea’s Exports Surge in July on Strong Chip Demand Amid Tariff Uncertainty

Aug 01, 2025 01:47 am UTC| Economy

South Koreas exports grew for the second consecutive month in July, driven by a sharp rise in semiconductor shipments despite ongoing global trade tensions. According to trade data released Friday, outbound shipments rose...

Oil Prices Steady as U.S. Tariffs and Russian Crude Threats Stir Market Uncertainty

Aug 01, 2025 01:45 am UTC| Economy

Oil prices held steady on Friday after a more than 1% drop in the previous session, as traders weighed the impact of newly announced U.S. tariffs and potential disruptions to Russian crude exports. Brent crude futures...

U.S. Stock Futures Dip as Trump Tariffs and Mixed Tech Earnings Weigh on Markets

Aug 01, 2025 01:41 am UTC| Economy

U.S. stock futures edged lower Thursday evening as investors digested fresh tariff measures announced by President Donald Trump and mixed quarterly earnings from Amazon and Apple. The market also awaited Fridays key...

Trump Cuts Lesotho Tariffs to 15% Amid Ongoing Trade Dispute

Aug 01, 2025 01:39 am UTC| Economy Politics Governance

The United States has lowered tariffs on Lesotho to 15% following months of uncertainty that saw the Southern African nation threatened with a 50% duty, the highest rate imposed on any U.S. trading partner. The revised...

Trump Imposes Steep Tariffs on 69 Nations Ahead of Trade Deal Deadline

Aug 01, 2025 01:29 am UTC| Economy Politics Governance

U.S. President Donald Trump has imposed sweeping new tariffs on 69 trading partners, raising import duties between 10% and 41% as a Friday trade deal deadline loomed. Key nations impacted include Canada (35%), Brazil...

Trump Imposes Reciprocal Tariffs Up to 41% on U.S. Imports

Aug 01, 2025 01:27 am UTC| Politics Economy Governance

President Donald Trump signed an executive order Thursday imposing new reciprocal tariffs of 10% to 41% on U.S. imports from dozens of countries. The measure aims to pressure foreign governments into fairer trade terms,...

IMF Approves $2 Billion Disbursement to Argentina Under $20 Billion Program

Aug 01, 2025 01:20 am UTC| Economy

The International Monetary Fund (IMF) has completed its first review of Argentinas $20 billion financial support program, authorizing a $2 billion disbursement to bolster the countrys economic reforms. The review marks a...

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Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

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...

Politics

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

President Donald Trump is weighing a significant cabinet reshuffle as political pressure mounts over the ongoing U.S.-Iran conflict, according to Reuters, citing sources close to internal White House deliberations. The...

Iran Tightens Grip on Strait of Hormuz as Israel Prepares Strikes and Oil Markets Spiral

Tensions between Israel and Iran have reached a critical flashpoint, with Israeli defense officials confirming preparations for potential strikes on Iranian energy infrastructure, pending U.S. authorization. The...

U.S. and Israel Escalate Pressure on Iran Over Strait of Hormuz as War Enters Sixth Week

Six weeks into the U.S.-Israeli military conflict with Iran, tensions are reaching a critical point as President Donald Trump issued a 48-hour ultimatum demanding that Tehran open the Strait of Hormuz or face devastating...

Israel Poised to Strike Iranian Energy Sites, Awaiting U.S. Approval

Israel is reportedly preparing to launch military strikes against Iranian energy infrastructure, but is holding off pending authorization from the United States, according to a senior Israeli defense official who spoke out...

U.S. Envoys Witkoff and Kushner Expected to Visit Kyiv in April Amid Stalled Peace Talks

Senior Ukrainian presidential aide Kyrylo Budanov confirmed on Saturday that U.S. special envoys Steve Witkoff and Jared Kushner are expected to travel to Kyiv in April, marking what would be their first official visit to...

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