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Thu, May 21, 2026 01:10 AM All times are UTC

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ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve

May 11, 2026 06:09 am UTC| Economy Central Banks

European Central Bank (ECB) governing council member Martin Kocher signaled that the ECB may soon need to adjust interest rates if inflation in the eurozone does not show meaningful improvement. His comments, published...

Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears

May 11, 2026 05:15 am UTC| Economy

Indian stock markets opened sharply lower on Monday as investors reacted to growing concerns over the economic fallout from the escalating Middle East conflict and rising crude oil prices. The Nifty 50 index declined 1.2%...

US Auto Industry Urges Trump to Block Chinese EV Market Access

May 11, 2026 05:11 am UTC| Business Politics Economy

As President Donald Trump prepares for a high-profile meeting with Chinese President Xi Jinping, pressure is mounting from U.S. automakers, lawmakers, unions, and manufacturers urging the administration to keep Chinese...

Asian Currencies Slide as Iran Tensions Boost Dollar and Oil Prices

May 11, 2026 05:07 am UTC| Economy

Most Asian currencies weakened on Monday as rising geopolitical tensions in the Middle East reduced investor appetite for riskier assets. Concerns grew after U.S.-Iran peace negotiations appeared to stall, pushing the U.S....

Trump Rejects Iran Proposal as Strait of Hormuz Crisis Pushes Oil Prices Higher

May 11, 2026 05:02 am UTC| Politics Economy

Oil prices surged Monday after former U.S. President Donald Trump rejected Irans latest response to a U.S.-backed peace proposal, raising fears that the ongoing Middle East conflict could intensify and further disrupt...

China Car Sales Drop Again as EV Export Growth Surges in April

May 11, 2026 04:31 am UTC| Economy

Chinas auto market extended its downturn in April as domestic vehicle sales continued to weaken, while strong export demand helped automakers offset mounting pressure at home. According to data released by the China...

Dollar Rises as Strait of Hormuz Crisis Pushes Oil Prices Higher

May 11, 2026 04:25 am UTC| Economy

The U.S. dollar strengthened across Asian markets on Monday as growing tensions between the United States and Iran fueled fears of prolonged disruption in the Strait of Hormuz, a critical global oil shipping route....

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Economy

China Delays Pentagon Official’s Beijing Visit Amid Taiwan Arms Deal Tensions

China is reportedly delaying a planned visit by U.S. Pentagon official Elbridge Colby as tensions grow over a proposed $14 billion U.S. weapons package for Taiwan. According to a Financial Times report published Thursday,...

Oil Prices Climb as Trump Warns of Possible U.S. Strike on Iran

Oil prices moved higher during early Asian trading on Thursday after U.S. President Donald Trump warned that Washington was prepared to launch military action against Iran if Tehran failed to agree to a peace arrangement....

Dollar Slips as Risk Appetite Grows Amid Nvidia Rally and Iran Peace Hopes

The U.S. dollar weakened on Wednesday as investors shifted toward riskier assets following gains in Nvidia shares and renewed optimism surrounding possible peace negotiations between the United States and Iran. The dollar...

Japan Posts Strong April Trade Surplus as Exports Surge Amid Robust U.S. and China Demand

Japan recorded a larger-than-expected trade surplus in April, supported by a sharp rise in exports and steady demand from key markets including the United States and China. According to data released Thursday by Japans...

Fed Signals Possible Rate Hikes if Inflation Remains High in 2026

The Federal Reserve indicated that additional interest rate hikes could be necessary if U.S. inflation continues to stay above the central banks 2% target, according to minutes from the Federal Open Market Committee (FOMC)...

Politics

Trump Warns of Renewed Military Action Against Iran as Peace Talks Stall

U.S. President Donald Trump warned that the United States is prepared to launch additional military strikes against Iran if Tehran fails to agree to a peace deal, raising fears of renewed conflict in the Middle East....

UN Backs ICJ Climate Ruling Despite U.S. Opposition

The United Nations General Assembly voted 141-8 to approve a resolution supporting a landmark International Court of Justice (ICJ) advisory opinion on climate change, highlighting growing global pressure for stronger...

U.S. Removes Francesca Albanese From Sanctions List After Court Ruling

The United States has officially removed Francesca Albanese, the United Nations special rapporteur on the Palestinian territories, from its sanctions list following a recent federal court decision. The update appeared on...

Erdogan Welcomes Extended Iran Ceasefire in Call With Trump

Turkish President Recep Tayyip Erdogan welcomed the extension of the ceasefire between the United States and Iran during a phone conversation with U.S. President Donald Trump on Wednesday, according to a statement from the...

Canada Condemns Israel Over Gaza Flotilla Activists as Tensions Escalate

Canadian Prime Minister Mark Carney strongly criticized Israel on Wednesday over its treatment of detained Gaza flotilla activists, calling the actions abominable in one of Canadas harshest public rebukes of Israel 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

Intuit Raises Full-Year Forecast After Strong Q3 Earnings Despite Stock Drop

Intuit (NASDAQ: INTU) delivered stronger-than-expected fiscal third-quarter earnings and raised its full-year guidance, driven by growth in its AI-powered financial platform. Despite the upbeat results, Intuit stock...

Anthropic Revenue Surge Signals Strong AI Market Momentum in 2026

Anthropic is on track to dramatically increase its revenue in 2026, according to a Wall Street Journal report citing figures shared during the companys latest fundraising discussions. The artificial intelligence startup is...

SpaceX Eyes AI Computing Expansion Ahead of Historic IPO

SpaceX CEO Elon Musk announced that the aerospace giant is exploring opportunities to provide artificial intelligence computing services to external companies, signaling a major expansion into the fast-growing AI...

Nvidia Beats Earnings Expectations as AI Demand Drives Record Growth

Nvidia delivered stronger-than-expected quarterly results, reinforcing its dominance in the artificial intelligence chip market as demand for AI infrastructure continues to surge worldwide. The company reported impressive...

OpenAI Eyes IPO Filing as Early as This Week Amid Rising AI Competition

OpenAI is reportedly preparing to submit a confidential IPO prospectus in the coming days, potentially as early as Friday, according to a Wall Street Journal report citing sources familiar with the matter. The artificial...