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Wed, May 20, 2026 05:57 PM All times are UTC

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Trump to Visit China for Key U.S.-China Summit With Xi Jinping

May 11, 2026 04:08 am UTC| Politics Economy

U.S. President Donald Trump is set to visit China from May 13 to 15 for a high-level summit with Chinese President Xi Jinping, according to Chinese state media reports released Monday. The visit marks a major diplomatic...

China Inflation Jumps as Iran Conflict Drives Energy Costs Higher

May 11, 2026 04:02 am UTC| Economy

Chinas inflation rate accelerated in April as rising energy prices and supply chain disruptions linked to the Iran conflict pushed consumer and producer costs higher than expected. According to data released by the...

Gold Prices Slip as Strong Dollar and Rising Oil Weigh on Market Sentiment

May 11, 2026 04:01 am UTC| Economy

Gold prices declined during Asian trading on Monday after recording solid gains last week, as rising oil prices and a stronger U.S. dollar reduced investor demand for the precious metal. Market sentiment shifted after U.S....

Asian Stocks Rise Despite Middle East Tensions as Chipmakers Boost Markets

May 11, 2026 03:58 am UTC| Economy

Asian stock markets edged higher on Monday despite escalating tensions in the Middle East and rising oil prices, as strong gains in technology and semiconductor shares helped support investor confidence. Optimism...

Australia Budget 2026: Smaller Deficit Expected Amid Tax Reform Push

May 11, 2026 03:57 am UTC| Economy

Australia is expected to announce a smaller-than-forecast budget deficit this week as stronger commodity prices and elevated inflation boost government revenues. Treasurer Jim Chalmers is preparing to deliver the federal...

Oil Prices Surge Over 3% as Trump Rejects Iran Peace Response

May 11, 2026 03:51 am UTC| Economy

Oil prices climbed sharply in Asian trading on Monday after U.S. President Donald Trump dismissed Irans response to a U.S.-backed peace proposal as totally unacceptable, fueling renewed concerns over Middle East tensions...

Saudi Aramco Q1 Profit Jumps 25% as Strait of Hormuz Crisis Reshapes Oil Exports

May 10, 2026 12:21 pm UTC| Economy

Saudi Aramco posted a strong 25% increase in first-quarter net profit for 2026, highlighting the companys resilience amid ongoing geopolitical tensions and major disruptions to global energy shipping routes. The Saudi...

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Economy

Asian Stocks Slide Ahead of Nvidia Earnings as Tech Shares Tumble

Asian stock markets declined sharply on Wednesday as investors pulled back from technology and semiconductor stocks ahead of Nvidias highly anticipated quarterly earnings report. The cautious mood followed another weak...

Asian Currencies Stay Rangebound as Dollar Holds Near Six-Week High Amid Iran War Concerns

Asian currencies traded within a narrow range on Wednesday as the U.S. dollar remained close to a six-week high, supported by growing expectations of another Federal Reserve rate hike and ongoing uncertainty surrounding...

Rubio to Push NATO Defense Spending, Strengthen India Ties During Key Diplomatic Tour

U.S. Secretary of State Marco Rubio is set to visit Sweden and India this week for high-level diplomatic talks focused on NATO defense spending, regional security, trade cooperation, and energy stability. The trip comes as...

Fed’s Anna Paulson Signals Rates Could Stay Higher Longer Amid Inflation Risks

Federal Reserve Bank of Philadelphia President Anna Paulson said Tuesday that financial markets are right to consider the possibility of future U.S. interest rate hikes as inflation pressures continue to linger. Speaking...

Nvidia Earnings in Focus as U.S. Stock Futures Hold Steady Amid Rising Treasury Yields

U.S. stock futures traded mostly flat Tuesday night as investors turned cautious ahead of Nvidias highly anticipated quarterly earnings report. Concerns over rising Treasury yields, stubborn inflation, and geopolitical...

Politics

Georgia GOP Senate Primary Heads to Runoff as Collins and Dooley Advance

Georgias Republican Senate primary will move to a runoff after U.S. Representative Mike Collins and former college football coach Derek Dooley emerged as the top candidates in Tuesdays election. With about 80% of votes...

US Expands Criminal Investigation Into Nicolas Maduro With New Florida Probe

The U.S. Justice Department is reportedly pursuing a second criminal investigation into former Venezuelan President Nicolas Maduro, increasing the likelihood that he could face additional federal charges in the United...

Kast Reshuffles Cabinet as Chile Pushes Tougher Security Agenda

Chilean President Jose Antonio Kast has announced major cabinet changes as his administration intensifies its focus on public security, migration control, and economic reform. The reshuffle comes just two months after Kast...

UK Diplomat James Roscoe Leaves Washington Embassy Role Amid Leadership Changes

James Roscoe, Britains second most senior diplomat in Washington, has stepped down from his position at the British Embassy in the United States, according to a statement released by the UK Foreign Office on Wednesday. The...

Venezuela to Release 300 Prisoners Amid Ongoing Human Rights Debate

Venezuelas National Assembly President Jorge Rodriguez announced Tuesday that the government will release 300 prisoners between Monday and Friday, drawing renewed attention to the countrys prison system and human rights...

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

SpaceX IPO Nears as Goldman Sachs Set to Lead Historic $75 Billion Offering

Goldman Sachs is expected to secure the prestigious lead-left position for SpaceXs highly anticipated initial public offering, according to reports from the Wall Street Journal. Morgan Stanley will also play a major role...

Blackstone and Google Launch AI Cloud Venture, Pressuring CoreWeave and Nebius Shares

Shares of CoreWeave and Nebius fell nearly 4.5% on Tuesday after Blackstone and Google announced a major joint venture focused on building a new artificial intelligence cloud infrastructure company powered by Googles...

Mistral AI Acquires Emmi AI to Expand Industrial AI Solutions in Europe

French artificial intelligence company Mistral AI has acquired Austrian startup Emmi AI in a strategic move to strengthen its industrial AI capabilities across Europe. The deal, announced Tuesday, highlights the growing...

Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services

Tencent Holdings (HK:0700) shares surged more than 4% on Tuesday after the Chinese tech giant announced plans to commercialize several of its artificial intelligence models, signaling a stronger push into monetizing AI...

Analog Devices Nears $1.5B Acquisition of AI Chip Firm Empower Semiconductor

U.S. semiconductor giant Analog Devices is reportedly in advanced discussions to acquire AI-focused chipmaker Empower Semiconductor in a deal valued at approximately $1.5 billion in cash, according to a Bloomberg News...