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Fri, Mar 20, 2026 11:42 AM All times are UTC

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Gold Prices Climb Amid U.S.-Iran War Uncertainty and Oil Supply Fears

Mar 10, 2026 05:22 am UTC| Economy

Gold prices pushed higher in Asian trading on Tuesday, building on a volatile session as investors kept a close eye on escalating tensions between the United States, Israel, and Iran, along with growing concerns about...

Chinese Electric Freight Trucks Are Disrupting Europe's Market in 2026

Mar 10, 2026 05:20 am UTC| Business Economy

A wave of Chinese electric freight trucks is entering Europe in 2026, bringing advanced technology and competitive pricing that could reshape the continents commercial vehicle landscape. Reuters has identified over half a...

Treasury Secretary Scott Bessent Slams JPMorgan Report on Gulf Oil Insurance as ‘Completely Irresponsible’

Mar 07, 2026 05:02 am UTC| Politics Business Economy

U.S. Treasury Secretary Scott Bessent sharply criticized JPMorgan Chase Co. (NYSE: JPM) on Friday, calling the banks recent analysis of a government-backed oil tanker insurance program terrible and completely...

China Aims to Maintain Stable Employment Amid AI Growth and Labor Market Challenges

Mar 07, 2026 04:41 am UTC| Economy

China remains confident it can maintain stable employment and sustain positive economic momentum over the next five years, even as global uncertainties and the rapid development of artificial intelligence reshape the labor...

Japan Seeks U.S. Tariff Exemption as Trade Tensions Lift USD/JPY

Mar 07, 2026 04:39 am UTC| Economy Politics

Japan has formally asked the United States for assurances that its exports will not be negatively affected by Washingtons latest tariff plans, as Tokyo works to preserve the favorable conditions secured in last years...

Fed May Tighten Policy if Inflation Stalls Despite Weak Labor Market

Mar 07, 2026 04:37 am UTC| Central Banks Economy

Cleveland Federal Reserve President Beth Hammack signaled that the U.S. central bank may consider tighter monetary policy later in 2026 if progress on inflation slows, even as signs of a cooling labor market complicate the...

Oil Prices Surge as Middle East Conflict Disrupts Global Supply

Mar 07, 2026 04:35 am UTC| Economy

Global oil prices jumped sharply on Friday as escalating tensions between the United States, Israel, and Iran triggered significant disruptions in worldwide energy supply. U.S. crude futures recorded a dramatic rise, with...

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Economy

J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures

J.P. Morgan has dramatically reversed its outlook on European monetary policy, now forecasting two European Central Bank rate hikes in April and July a stark departure from its earlier prediction of unchanged rates...

Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks

Goldman Sachs has revised its outlook for Bank of England interest rate cuts, now pushing expectations back to 2027 after the central bank held rates steady and flagged growing inflation concerns tied to the ongoing Middle...

Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict

Most Asian currencies declined Friday as rising oil prices triggered by the U.S.-Israel war on Iran rattled financial markets, while the U.S. dollar also edged lower despite briefly touching multi-month highs earlier in...

Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis

A new wave of Israeli military strikes hit Tehran on Friday, one day after U.S. President Donald Trump explicitly warned Israeli Prime Minister Benjamin Netanyahu against targeting Iranian energy infrastructure. The move...

Asian Markets Mixed as Oil Volatility and Inflation Fears Weigh on Sentiment

Asian stock markets traded in a choppy, directionless pattern on Friday as surging crude oil prices tied to escalating Middle East tensions rattled investor confidence across the region. The uncertainty followed a weak...

Politics

Trump Presses Japan to Support Iran War Effort, Cites Pearl Harbor in Surprise Defense

President Donald Trump met with Japanese Prime Minister Sanae Takaichi at the White House Thursday, urging Japan to contribute military support amid the ongoing U.S. war with Iran and growing concerns over skyrocketing...

Australian PM Albanese Heckled at Sydney Mosque During Eid al-Fitr Prayers

Australian Prime Minister Anthony Albanese faced vocal protests during his visit to Lakemba Mosque in western Sydney on Friday, where he joined thousands of worshippers for Eid al-Fitr celebrations marking the end of...

Taiwan Strengthens Deterrence Amid Ongoing Chinese Military Threat

Taiwans Defence Minister Wellington Koo issued a stern warning on Friday, reaffirming that Chinas relentless military expansion continues to pose a serious and pressing threat to the island nation. His remarks came shortly...

U.S. Officials Express Optimism Over New CDC Director Selection Amid Vaccine Policy Turmoil

The United States is moving closer to naming a permanent leader for the Centers for Disease Control and Prevention, according to a top health official. Chris Klomp, chief counselor at the Department of Health and Human...

S&P 500 Rebounds After Netanyahu's Statements on Iran's Military Setbacks

U.S. stock markets showed resilience Thursday as the SP 500 recovered from a 1% intraday decline to trade nearly flat, driven by remarks from Israeli Prime Minister Benjamin Netanyahu claiming significant damage to Irans...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Jeff Bezos Eyes $100 Billion Fund to Transform Manufacturing With AI

Amazon founder Jeff Bezos is in early-stage discussions to raise a massive $100 billion investment fund focused on acquiring manufacturing companies and accelerating their automation through artificial intelligence. The...

OpenAI's Desktop Superapp: Unifying ChatGPT, Codex, and Browser Tools for Enterprise AI

OpenAI is moving forward with an ambitious plan to consolidate its flagship products ChatGPT, Codex, and its browser-based tools into a single, unified desktop application, according to a Wall Street Journal report. The...

Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case

Super Micro Computer Inc (NASDAQ: SMCI) saw its stock drop as much as 14.6% in after-hours trading Thursday following a major legal development tied to illegal exports of artificial intelligence technology to China. The...

Xiaomi's AI Model "Hunter Alpha" Mistaken for DeepSeek's Next Release

A mysterious artificial intelligence model that appeared anonymously on the developer platform OpenRouter last week has been identified as a product of Chinese tech giant Xiaomi, not the widely anticipated next release...

Apple Defies China's Smartphone Slump with Strong Early 2026 Sales

Apple has recorded a remarkable 23% jump in China smartphone sales during the first nine weeks of 2026, outperforming a broader market that contracted by 4% over the same period. The surge highlights Apples strengthening...