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Wed, May 27, 2026 10:27 PM All times are UTC

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Nvidia Earnings and Retail Sales in Focus as AI Boom and Inflation Shape U.S. Stock Market

May 18, 2026 02:49 am UTC| Economy

Investors are preparing for a critical week on Wall Street as Nvidia and major U.S. retailers including Walmart, Target, Home Depot, and TJX Companies release earnings reports that could influence the direction of the...

China Economic Growth Slows in April 2026 as Retail Sales and Factory Output Weaken

May 18, 2026 02:46 am UTC| Economy

Chinas economic growth lost momentum in April 2026 as weak consumer demand, slowing factory activity, and rising energy costs linked to the Iran conflict weighed heavily on the worlds second-largest economy. Fresh data...

Gold Prices Drop to 1.5-Month Low as Rising Yields and Iran Tensions Pressure Market

May 18, 2026 02:19 am UTC| Economy

Gold prices fell sharply during Asian trading on Monday, hitting their lowest level in nearly one and a half months as rising global bond yields and escalating tensions between the United States and Iran weakened investor...

Oil Prices Surge Above $110 as U.S.-Iran Tensions Escalate After UAE Drone Strike

May 18, 2026 02:14 am UTC| Economy

Oil prices climbed sharply during early Asian trading on Monday as geopolitical tensions in the Middle East intensified following a drone strike near the UAEs Barakah nuclear power plant. The incident has heightened...

Wall Street Futures Slip as Nvidia Earnings and U.S.-Iran Tensions Weigh on Markets

May 18, 2026 02:12 am UTC| Economy

U.S. stock futures traded slightly lower Sunday night after Wall Street wrapped up another record-setting week, with investors closely watching upcoming earnings from Nvidia and growing geopolitical tensions involving the...

China Home Prices Show Signs of Stabilization Amid Ongoing Property Market Challenges

May 18, 2026 02:07 am UTC| Economy

Chinas new home prices continued to decline in April 2026, but the pace of the drop slowed to its weakest level in a year, signaling early signs of stabilization in the countrys struggling property market. According to...

G7 Finance Ministers Meet in Paris Amid Global Trade and Economic Tensions

May 18, 2026 02:04 am UTC| Politics Economy

Finance ministers from the G7 nations gathered in Paris on Monday to address rising global economic tensions, supply chain risks, and critical mineral dependence as geopolitical divisions continue to challenge the groups...

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Economy

European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground

European car sales recorded strong growth in April 2026, driven by rising demand for electric and hybrid vehicles across the region. According to the latest data released by the European Automobile Manufacturers...

European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions

European stock markets opened higher on Wednesday as investors balanced ongoing uncertainty surrounding U.S.-Iran peace negotiations with growing optimism over artificial intelligence-driven market momentum. The positive...

UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026

UK grocery inflation slowed to 3.1% in the four weeks ending May 17, 2026, marking the lowest increase in supermarket prices since December 2024, according to new data released by Worldpanel by Numerator. The latest report...

Nikkei Hits Record High as AI Chip Stocks Power Japan Market Rally

Japans Nikkei share average surged to a fresh record high on Wednesday, driven by strong gains in chip-related stocks as investor enthusiasm around artificial intelligence continued to fuel global technology markets. The...

RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026

New Zealands central bank kept interest rates unchanged on Wednesday but warned that further monetary tightening may be necessary later this year as rising global tensions increase inflation risks and slow economic...

Politics

Baltic Drone Incursions Raise NATO Security Concerns Amid Russia-Ukraine Tensions

Recent Ukrainian drone incursions into Baltic airspace have heightened security concerns across Eastern Europe, increasing tensions between NATO members and Russia. The incidents come as Ukraine intensifies long-range...

Trump Administration Weighs Halting International Flights at Sanctuary City Airports

U.S. Homeland Security Secretary Markwayne Mullin said the Trump administration is considering plans to suspend customs and immigration processing for international travelers and cargo flights arriving at airports located...

Israel Says It Killed New Hamas Military Chief in Gaza Strike

Israel announced on Wednesday that it had killed Mohammad Odeh, the newly appointed head of Hamass armed wing in Gaza, as military operations intensified across Gaza, Lebanon, and the West Bank. The Israeli military said...

Biden Sues DOJ to Block Release of Audio From Classified Documents Probe

Former U.S. President Joe Biden has filed a lawsuit against the Department of Justice (DOJ) in an effort to stop the release of audio recordings and transcripts tied to Special Counsel Robert Hurs investigation into Bidens...

US Plans Kenya Ebola Quarantine Facility Amid Congo Outbreak

The Trump administration is preparing to deploy U.S. public health officers to Kenya as part of a proposed Ebola quarantine facility designed to support Americans exposed to the deadly virus during the ongoing outbreak in...

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

Xiaomi Shares Drop After Weak Q1 Earnings Amid Rising Smartphone Costs

Xiaomi Corp (HK:1810) shares declined on Wednesday after the Chinese tech giant reported weaker-than-expected first-quarter earnings, pressured by rising component costs and intense competition in the smartphone market....

Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027

Samsung Electronics is expanding its semiconductor operations in Southeast Asia with plans to invest nearly 39 trillion Vietnamese dong, or about $1.5 billion, in a new semiconductor testing facility in Vietnam. According...

Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence

Samsung Electronics workers have approved a new wage agreement, preventing a large-scale strike that could have disrupted global semiconductor supplies and impacted South Koreas economy. The deal was supported by nearly...

Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments

Elon Musk has reportedly discussed the possibility of combining Tesla and SpaceX, according to a CNBC report released Tuesday. The potential merger has become a major topic of discussion within both companies as they...

SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge

SK Hynix Inc. became the second South Korean company to surpass a $1 trillion market valuation on Wednesday, as booming artificial intelligence demand continued to drive investor confidence in global semiconductor stocks....