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Thu, May 21, 2026 08:35 AM All times are UTC

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Norway Core Inflation Hits 3.2% in April, Fueling Interest Rate Hike Expectations

May 11, 2026 06:21 am UTC| Economy

Norways annual core inflation rate climbed to 3.2% in April, reinforcing expectations that the countrys central bank could maintain higher interest rates for a longer period. The latest figures, released by Statistics...

Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns

May 11, 2026 06:13 am UTC| Business Insights & Views Economy

Goldman Sachs has pushed back its forecast for U.S. Federal Reserve interest rate cuts, now expecting reductions in December 2026 and March 2027 instead of the previously projected September and December 2026 cuts. The...

ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve

May 11, 2026 06:09 am UTC| Economy Central Banks

European Central Bank (ECB) governing council member Martin Kocher signaled that the ECB may soon need to adjust interest rates if inflation in the eurozone does not show meaningful improvement. His comments, published...

Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears

May 11, 2026 05:15 am UTC| Economy

Indian stock markets opened sharply lower on Monday as investors reacted to growing concerns over the economic fallout from the escalating Middle East conflict and rising crude oil prices. The Nifty 50 index declined 1.2%...

US Auto Industry Urges Trump to Block Chinese EV Market Access

May 11, 2026 05:11 am UTC| Business Politics Economy

As President Donald Trump prepares for a high-profile meeting with Chinese President Xi Jinping, pressure is mounting from U.S. automakers, lawmakers, unions, and manufacturers urging the administration to keep Chinese...

Asian Currencies Slide as Iran Tensions Boost Dollar and Oil Prices

May 11, 2026 05:07 am UTC| Economy

Most Asian currencies weakened on Monday as rising geopolitical tensions in the Middle East reduced investor appetite for riskier assets. Concerns grew after U.S.-Iran peace negotiations appeared to stall, pushing the U.S....

Trump Rejects Iran Proposal as Strait of Hormuz Crisis Pushes Oil Prices Higher

May 11, 2026 05:02 am UTC| Politics Economy

Oil prices surged Monday after former U.S. President Donald Trump rejected Irans latest response to a U.S.-backed peace proposal, raising fears that the ongoing Middle East conflict could intensify and further disrupt...

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Economy

ECB Signals Possible Rate Hike as Middle East Tensions Push Euro Zone Inflation Higher

The European Central Bank (ECB) is increasingly likely to raise interest rates in June as escalating geopolitical tensions in the Middle East continue driving energy prices higher across the euro area. ECB policymaker and...

Asian Stocks Rally as Nvidia Earnings Boost Tech Shares, Samsung Jumps on Wage Deal

Asian stock markets surged on Thursday after strong earnings from Nvidia reignited investor confidence in artificial intelligence-related technology stocks. The positive momentum spread across regional markets, while...

Australia Regulator Flags Private Credit Risks Amid Global Market Uncertainty

Australias financial regulator has warned that the countrys growing private credit sector faces increasing risks tied to global market instability, geopolitical tensions, and rapid technological change. The Australian...

Japan Manufacturing Growth Slows in May as Services Sector Stagnates Amid Rising Middle East Supply Costs

Japans manufacturing sector continued to expand in May 2026, although growth slowed slightly as escalating supply-chain pressures tied to the Middle East conflict increased business costs and weighed on overall economic...

Moody’s Downgrades Mexico Credit Rating Amid Rising Debt and Fiscal Pressure

Moodys Ratings downgraded Mexicos long-term local and foreign-currency issuer ratings from Baa2 to Baa3 on Tuesday, while revising the outlook to stable from negative. The agency also cut the ratings for Mexicos senior...

Politics

Trump Warns Iran of Renewed Action as Nuclear Deal Talks Stall

Iran said Thursday it is reviewing Washingtons latest proposal aimed at ending the ongoing conflict, after U.S. President Donald Trump warned that military action could resume if Tehran fails to reach an agreement. The...

Trump-Taiwan Talks Could Reshape U.S.-China Relations

Taiwan said President Lai Ching-te would welcome direct talks with U.S. President Donald Trump, signaling a potentially historic moment in U.S.-Taiwan relations. If the conversation happens, it would mark the first direct...

Trump Delays Iran Strike as Peace Talks Continue, Markets Watch Strait of Hormuz Closely

Iran said it is reviewing the latest proposal from the United States aimed at ending the ongoing conflict, after U.S. President Donald Trump signaled he may delay military action in favor of reaching a diplomatic...

Raul Castro Indicted by U.S.: Cuba’s Revolutionary Leader Faces Renewed Scrutiny in 2026

Former Cuban President Raul Castro, the longtime revolutionary leader and younger brother of Fidel Castro, has been indicted by the United States over Cubas deadly 1996 shootdown of aircraft operated by the anti-communist...

Trump Warns of Renewed Military Action Against Iran as Peace Talks Stall

U.S. President Donald Trump warned that the United States is prepared to launch additional military strikes against Iran if Tehran fails to agree to a peace deal, raising fears of renewed conflict in the Middle East....

Science

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...

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...

Technology

SoftBank Shares Surge as OpenAI IPO Buzz and SB Energy Filing Boost AI Optimism

SoftBank Group (TYO:9984) shares soared on Thursday as investor confidence returned to the Japanese technology giant, driven by growing excitement around its artificial intelligence investments. The companys stock jumped...

X Corp Loses Legal Battle Over Australia Child Safety Fine

Elon Musks social media company X Corp has officially admitted breaching Australias Online Safety Act after failing to provide required details about its child protection measures, ending a legal dispute that lasted nearly...

Samsung Shares Surge After Strike Deal Eases Labor Tensions

Samsung Electronics Co Ltd (KS:005930) shares climbed sharply on Thursday after the company reached a last-minute agreement with a major South Korean labor union, avoiding a potentially disruptive strike. Investor optimism...

Intuit Raises Full-Year Forecast After Strong Q3 Earnings Despite Stock Drop

Intuit (NASDAQ: INTU) delivered stronger-than-expected fiscal third-quarter earnings and raised its full-year guidance, driven by growth in its AI-powered financial platform. Despite the upbeat results, Intuit stock...

Anthropic Revenue Surge Signals Strong AI Market Momentum in 2026

Anthropic is on track to dramatically increase its revenue in 2026, according to a Wall Street Journal report citing figures shared during the companys latest fundraising discussions. The artificial intelligence startup is...