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Thu, Jun 18, 2026 03:35 AM All times are UTC

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Asian Stocks Sink as AI Rally Cools and Middle East Tensions Rattle Markets

Jun 08, 2026 04:14 am UTC| Economy

Asian stock markets suffered steep losses on Monday as investors locked in profits from the booming technology and artificial intelligence sectors, while escalating tensions between Iran and Israel further weakened market...

Oil Prices Surge as Iran-Israel Tensions Escalate, Raising Supply Concerns

Jun 08, 2026 04:13 am UTC| Economy

Global oil prices climbed sharply in Asian trading on Monday after Iran launched multiple missile attacks toward Israel, escalating tensions in the Middle East and raising concerns about potential disruptions to global...

Indian Companies Battle Rising Costs as Oil Prices, Freight Rates and Inflation Pressure Margins in 2026

Jun 08, 2026 04:12 am UTC| Economy

Indian companies are facing growing challenges as rising oil prices, higher freight and insurance costs, and weaker consumer spending put significant pressure on business margins in 2026. The ongoing U.S.-Israeli conflict...

Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook

Jun 07, 2026 00:00 am UTC| Insights & Views Economy

Goldman Sachs expects the U.S. dollar to remain supported by strong economic fundamentals, although improving global risk sentiment and resilient foreign currencies may limit additional gains. The bank noted that recent...

Canada-Indonesia Trade Pact Gains Momentum as Carney and Prabowo Discuss Economic Cooperation

Jun 07, 2026 00:00 am UTC| Politics Economy

Canadian Prime Minister Mark Carney and Indonesian President Prabowo Subianto held talks on Saturday to discuss the ongoing conflict in the Middle East and its potential effects on global energy markets and the broader...

US Weighs Using Frozen Iranian Assets to Rebuild Gulf Infrastructure After Regional Attacks

Jun 06, 2026 23:48 pm UTC| Politics Economy

The United States is reportedly considering a plan to redirect frozen Iranian assets to help Gulf allies rebuild infrastructure damaged in recent attacks linked to Tehran, according to a Reuters report published on...

US-Iran Gulf Clash Raises Oil Market and Defense Stock Concerns

Jun 06, 2026 02:20 am UTC| Politics Economy

A fresh military confrontation between the United States and Iran has intensified concerns over global oil supplies, defense sector performance, and Middle East security. According to reports citing U.S. Central Command...

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Economy

Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets

Federal Reserve Chair Kevin Warsh unveiled sweeping plans to review key central bank practices on Wednesday while signaling an end to forward guidance, marking what he described as a new chapter for U.S. monetary policy....

Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions

U.S. President Donald Trump and Iranian President Masoud Pezeshkian have reportedly signed a memorandum of understanding (MoU) aimed at reducing tensions between Washington and Tehran, according to multiple media reports....

US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook

U.S. stock index futures surged Wednesday evening after reports indicated that U.S. President Donald Trump and Iranian President Masoud Pezeshkian had signed a preliminary agreement aimed at ending the months-long conflict...

Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns

Oil prices declined in Asian trading on Thursday as investors evaluated the impact of a newly announced U.S.-Iran peace agreement and growing expectations of a global oil supply surplus. The prospect of increased Iranian...

Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals

Gold prices climbed during Asian trading on Thursday, recovering from losses recorded in the previous session as investors reacted positively to the signing of an interim peace agreement between the United States and Iran....

Politics

Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups

The Australian government has announced significant changes to its planned capital gains tax (CGT) reforms following widespread concerns from industry groups and business leaders that the original proposal could hinder...

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

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

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...