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Fri, Sep 25, 2026 05:44 AM All times are UTC

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Japan Falls to Third-Largest Global Creditor as China Overtakes in 2025

May 26, 2026 01:02 am UTC| Economy

Japan slipped to the position of the worlds third-largest net creditor nation in 2025 after China surpassed it in global rankings, despite Japan recording a historic high in net external assets, according to data released...

Oil Prices Slide as U.S.-Iran Talks Raise Hopes for Strait of Hormuz Reopening

May 26, 2026 00:59 am UTC| Economy

U.S. crude oil futures dropped sharply in early Asian trading on Tuesday after reports emerged that the United States and Iran are discussing a potential agreement to reopen the Strait of Hormuz following a ceasefire deal....

Senegal Appoints Economist Ahmadou Al Aminou Lo as Prime Minister Amid IMF Debt Crisis

May 26, 2026 00:57 am UTC| Politics Economy Central Banks

Senegal President Bassirou Diomaye Faye has appointed veteran economist Ahmadou Al Aminou Lo as the countrys new prime minister following the dismissal of Ousmane Sonko and his cabinet. The move comes as Senegal faces...

US-Iran Framework Deal Raises Hopes for Strait of Hormuz Reopening

May 25, 2026 10:36 am UTC| Politics Economy

Iran and the United States have reportedly moved closer to ending their two-month conflict after both sides reached a preliminary framework agreement, according to comments from an Iranian foreign ministry spokesperson...

Oil Prices Drop Below $100 as U.S.-Iran Talks Ease Strait of Hormuz Fears

May 25, 2026 10:34 am UTC| Economy

Oil prices plunged on Monday after signs of progress emerged in negotiations between the United States and Iran aimed at reopening the Strait of Hormuz, one of the worlds most critical oil shipping routes. The decline in...

Dollar Weakens as Iran Peace Deal Hopes Boost Global Market Sentiment

May 25, 2026 10:33 am UTC| Economy

The U.S. dollar declined in thin holiday trading as growing optimism surrounding a potential U.S.-Iran peace agreement increased investor confidence and reduced demand for safe-haven assets. The dollar index slipped 0.3%,...

Japan Plans $19 Billion Extra Budget as Bond Market Faces Pressure

May 25, 2026 10:29 am UTC| Economy Politics

Japans government will prepare an additional budget worth around 3 trillion yen ($19 billion), Prime Minister Sanae Takaichi announced on Monday, raising concerns about further fiscal expansion and growing pressure on the...

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Economy

Fed Unveils Stablecoin Rules Under GENIUS Act

The Federal Reserve has proposed a broad regulatory framework for payment stablecoin issuers, moving forward with implementation of the GENIUS Act and efforts to bring dollar-backed digital assets further into the...

U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge

The U.S. dollar strengthened for a fourth consecutive session on Thursday, reaching its highest level in nearly two months as rising oil prices, surging Treasury yields and expectations for further Federal Reserve rate...

U.S. Treasury Yields Surge as 30-Year Hits 22-Year High

U.S. Treasury yields surged again Thursday as investors sold government bonds amid rising inflation concerns, strong economic data and growing expectations that the Federal Reserve will continue raising interest rates. The...

Soybean Futures Slip as Traders Await Trump-Xi Trade Signals

Chicago soybean futures edged lower on Thursday as traders closely watched Chinese President Xi Jinpings state visit to Washington for signs of progress on U.S.-China agricultural trade and future soybean purchases. CBOT...

European Stocks Fall as Bond Yields and Geopolitical Risks Weigh

European stocks closed lower on Thursday as rising bond yields, geopolitical uncertainty in the Middle East and concerns surrounding artificial intelligence weighed on investor sentiment. The pan-European STOXX 600 dropped...

Politics

North Korea Warns South Korea Over US-Led Defense Role

North Korea warned that South Korea could become a decisive target for collective retaliation if Seoul develops into a central hub for a US-led collective defense system, according to state media KCNA on Friday. The...

Pezeshkian Says US Must Choose When Iran War Ends

Iranian President Masoud Pezeshkian said the United States holds the key to ending the Iran war, signaling that Tehran does not want the conflict to continue but will not surrender under US pressure. Asked whether the war...

Trump Asks Supreme Court to Restore Third-Country Deportations

President Donald Trumps administration asked the U.S. Supreme Court on Thursday to allow it to continue deporting migrants to countries other than their homelands without automatically giving them an opportunity to raise...

Netanyahu Defends Israel at UN as Delegates Stage Walkout

Israeli Prime Minister Benjamin Netanyahu delivered a defiant address to the United Nations General Assembly on Thursday, defending Israels military actions as dozens of delegates walked out in protest. The speech came as...

US Backs Musk in Fight Against EU’s €120 Million X Fine

The U.S. government has formally moved to join Elon Musks legal challenge against a 120 million ($136.5 million) European Union fine imposed on his social media platform X, escalating a dispute over the reach of European...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Jeff Bezos Invests $32 Billion in Blue Origin as Space Firm Targets Major Growth

Jeff Bezos has invested about $32 billion in Blue Origin since founding the space company in 2000, underscoring the Amazon founders long-term commitment to competing in the rapidly expanding commercial space industry....

OpenAI to Preview GPT-6 Cyber AI Model for Cybersecurity

OpenAI is preparing to preview GPT-6 Cyber, a new artificial intelligence model focused on cybersecurity, within days as the company expands its push into AI-powered security tools, according to a Fortune report cited by...

Former OpenAI Data Center Chief Chris Malone Joins Nvidia

Chris Malone, the former head of data centers at OpenAI, has joined Nvidia as vice president of its DSX Platform, strengthening the chipmakers leadership team as demand for artificial intelligence infrastructure continues...

Akamai Shares Surge on $11.6B Anthropic AI Cloud Deal

Akamai Technologies shares jumped as much as 20% in after-hours trading Thursday after the cloud computing company announced an $11.6 billion, seven-year agreement with artificial intelligence firm Anthropic. The contract...

Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays

Oracle Corp. shares fell after reports that the technology giant is seeking protection from financial obligations linked to its massive artificial intelligence data center project in New Mexico amid regulatory and...