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Fri, Sep 04, 2026 06:15 AM All times are UTC

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Oil Prices Edge Higher as US-Iran Sanctions Fuel Supply Concerns

Aug 25, 2026 03:19 am UTC| Economy

Oil prices edged higher on Tuesday as investors assessed the potential impact of expanded U.S. sanctions against Iran and Tehrans threat to retaliate, keeping concerns over Middle East crude supplies firmly in focus. Brent...

ECB Rate Hike Bets Rise as Inflation Risks Persist

Aug 24, 2026 06:46 am UTC| Central Banks Economy

Money markets are increasingly betting on a more hawkish European Central Bank as geopolitical tensions and persistent energy pressures threaten to keep euro zone inflation elevated. Traders now see the ECB deposit rate...

China EV Stocks Slide as Door Handle Recall Hits 4.3 Million Vehicles

Aug 24, 2026 06:29 am UTC| Economy Business

China EV stocks fell on Monday after Tesla and several major Chinese automakers announced recalls affecting about 4.3 million vehicles over safety concerns involving electronic door handles. Xiaomi shares led the decline,...

UK Economy Shows Strength as Burnham Gets Early Boost

Aug 24, 2026 06:27 am UTC| Economy

Britains economy is showing unexpected signs of strength, giving new Prime Minister Andy Burnham an early boost as improving business activity and consumer confidence offset concerns over inflation and strained public...

Indian Sugar Stocks Surge on Tight Supply, Festive Demand

Aug 24, 2026 06:24 am UTC| Economy

Indian sugar stocks rallied sharply on Monday as strong domestic sugar prices and expectations of tighter supplies ahead of the festive season boosted investor interest in the sector. Bajaj Hindusthan Sugar led the gains,...

Dollar Near Multi-Month Lows as Treasury Buybacks Rattle Markets

Aug 24, 2026 06:17 am UTC| Economy

The U.S. dollar hovered near multi-month lows on Monday as investors assessed the Treasury Departments plan to increase purchases of long-dated bonds while awaiting new Iran sanctions and key central bank speeches. The...

Norway Backs Barents Sea Oil and Gas Expansion

Aug 24, 2026 06:14 am UTC| Economy

Norway plans to continue developing oil and gas resources in the Barents Sea despite European Union support for restrictions on new Arctic hydrocarbon projects, Energy Minister Terje Aasland said. Since Russia invaded...

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Economy

Asian Currencies Rise as Yen Surges on Fed Rate Outlook

Asian currencies strengthened on Friday, led by a sharp rally in the Japanese yen as the U.S. dollar weakened following dovish comments from Federal Reserve Governor Christopher Waller. The yen was heading for a weekly...

US Oil Blockade Deepens Iran’s Economic Crisis

Iran is facing mounting economic strain as a U.S. campaign targeting its oil exports, financial networks and sanctions-evasion channels increasingly restricts Tehrans access to foreign currency and essential imports,...

U.S. Payrolls Seen Rebounding in August as Labor Market Stays Soft

U.S. payroll growth is expected to have recovered in August as local government education employment rebounded, although job losses linked to changes in immigration protections could limit overall gains. Economists...

Gold Prices Hold Near $4,500 as Fed Rate Hike Bets Ease

Gold prices hovered near $4,500 an ounce on Thursday, extending a strong rebound as Federal Reserve Governor Christopher Wallers comments reduced expectations for a September interest rate hike. A softer U.S. dollar and...

Singapore Straits Times Index Hits Record High as Banks, Property Stocks Rally

Singapores benchmark stock market surged to a fresh record high on Friday, supported by strong gains in major banking and real estate stocks as positive sentiment swept across Asian markets. The Straits Times Index (STI)...

Politics

South Korea, US Discuss Chip Investments Amid Tariff Plans

South Korea and the United States are holding discussions over semiconductor investments in U.S. manufacturing as the two countries navigate broader economic and trade negotiations, a senior Seoul official said Friday. The...

Trump Seeks Europe Repayment for U.S. Ukraine Military Aid

U.S. President Donald Trump said Thursday he plans to ask European nations to reimburse the United States for military aid and munitions previously supplied to Ukraine, while signaling that U.S. weapons sales to allies...

Brazil Warns EU of Retaliation Over Animal Products Ban

Brazil has warned that it could impose reciprocal measures against the European Union if negotiations fail to resolve a new EU ban on Brazilian animal products, raising the prospect of fresh trade tensions between the two...

Pacific Leaders Raise Alarm Over China Missile Test as Nauru Dissents

Pacific Island leaders have raised concerns over Chinas latest intercontinental ballistic missile (ICBM) test in the Pacific, although Nauru formally rejected the regional blocs position during an annual summit in Palau....

US Investigates Deadly Strike on Iranian Wedding

U.S. Vice President JD Vance said Washington is investigating a deadly strike on an Iranian wedding after a Reuters analysis indicated the incident was likely caused by a direct hit from a U.S. munition. The explosion...

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

Anthropic Nears $15 Billion Credit Deal Ahead of IPO

Anthropic is reportedly close to finalizing an expansion of its revolving credit facility to $15 billion, strengthening the artificial intelligence companys financial position ahead of its widely anticipated initial public...

Xiaomi Shares Jump on Europe EV Expansion Plan

Xiaomi shares climbed sharply on Friday after the Chinese technology giant confirmed plans to begin selling its electric vehicles in Europe in 2027, marking a major step in its international EV expansion. Xiaomi Corp...

Nvidia Eyes $2.5 Billion Investment in Thinking Machines Lab

Nvidia is reportedly in discussions to invest about $2.5 billion in Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, as the chip giant continues to expand its...

Chinese AI Stocks Rally After OpenAI Launches GPT-6 Astra

Chinese AI stocks rallied on Friday after OpenAI unveiled GPT-6 Astra, its latest artificial intelligence model, fueling investor optimism over accelerating AI development and the commercial potential of advanced AI...

OpenAI Launches GPT-6 Astra With Advanced AI Agent Capabilities

OpenAI unveiled GPT-6 Astra on Thursday, describing it as its most capable artificial intelligence model yet as the company confronts growing concerns over the safety and control of increasingly autonomous AI systems. The...