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Fri, Apr 17, 2026 02:51 AM All times are UTC

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Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

Apr 06, 2026 07:24 am UTC| Economy

Asian currencies struggled to find clear direction on Monday as the US dollar remained resilient, with investors carefully weighing escalating geopolitical risks in the Middle East against emerging ceasefire diplomacy. The...

Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

Apr 06, 2026 07:23 am UTC| Central Banks Economy

The Bank of Japan has raised concerns about the potential deterioration of regional economies, citing escalating oil prices and supply chain disruptions linked to ongoing conflict in the Middle East. In its latest...

India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

Apr 06, 2026 07:22 am UTC| Economy

Indias services sector expanded at its slowest pace in 14 months during March, as the ongoing Middle East conflict weighed on domestic demand and cost pressures intensified sharply, according to the latest HSBC India...

Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer

Apr 06, 2026 07:20 am UTC| Economy

Japanese and South Korean stock markets edged higher during thin holiday trading on Monday, buoyed by renewed optimism surrounding a potential ceasefire between the United States and Iran. Trading activity remained muted...

Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns

Apr 06, 2026 07:18 am UTC| Central Banks Economy Insights & Views

Citigroup has revised its Federal Reserve rate cut timeline, pushing back expectations following stronger-than-anticipated U.S. job growth and lingering inflation pressures. The Wall Street giant now anticipates 75 basis...

Gold Prices Slip in Asia as Iran Strait Deadline Looms

Apr 06, 2026 04:31 am UTC| Economy

Gold prices retreated in Asian trading on Monday following a strong weekly performance, with investors closely watching escalating tensions between the United States and Iran over control of the Strait of Hormuz. Spot gold...

Strait of Hormuz Crisis Fuels Oil Surge as Asian Markets Brace for Impact

Apr 06, 2026 04:05 am UTC| Economy

Asian markets opened with a cautious tone Monday as geopolitical tensions in the Middle East continued shaking investor confidence. U.S. President Donald Trumps stern warning to Iran threatening devastating military...

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Economy

Middle East Ceasefire Hopes Lift Asian Markets as Oil Prices Retreat

Asian equities are on track for a second consecutive week of strong gains as easing tensions in the Middle East push oil prices further below the $100-per-barrel threshold. Investors are growing increasingly optimistic...

U.S. Stock Futures Hold Steady After S&P 500 and Nasdaq Hit Record Highs

U.S. stock index futures traded with little movement on Thursday evening following a second consecutive session of record-breaking gains for major benchmark indexes. Improved geopolitical sentiment and easing Middle East...

Gold Prices Dip Slightly But Hold Weekly Gains Amid U.S.-Iran Ceasefire Hopes

Gold prices edged lower during Asian trading hours on Friday, though the precious metal remained on track to post modest gains for the week. Investor sentiment continued to be shaped by ongoing diplomatic developments...

U.S. Dollar Steadies Near Multi-Week Lows Amid Iran Peace Talk Hopes and Global Market Shifts

The U.S. dollar held relatively steady on Thursday, trading near its weakest point since March as investors closely monitored developments surrounding potential U.S.-Iran peace negotiations. The U.S. Dollar Index edged up...

Oil Prices Dip as Middle East Peace Hopes Grow Amid Iran-U.S. Talks

Global oil prices edged lower in early Friday trading as optimism surrounding a potential resolution to the Middle East conflict weighed on crude markets. A 10-day ceasefire between Lebanon and Israel taking effect,...

Politics

Myanmar Grants Amnesty to Over 4,000 Prisoners Under New President Min Aung Hlaing

Myanmars newly elected President Min Aung Hlaing has approved the release of 4,335 prisoners, according to state broadcaster MRTV, marking the third amnesty issued in the country within six months. The announcement did not...

France and Britain Lead 40-Nation Talks to Reopen Strait of Hormuz

France and Britain are set to co-chair a high-stakes diplomatic meeting bringing together approximately 40 nations to address the growing crisis in the Strait of Hormuz. The gathering signals that key U.S. allies are...

ICE Acting Director Todd Lyons to Exit Federal Government at End of May

Todd Lyons, the acting director of U.S. Immigration and Customs Enforcement, is set to depart from federal service on May 31, 2026, transitioning to the private sector. The announcement came from Department of Homeland...

Iran-Lebanon War: Ceasefire Reached as U.S. and Iran Edge Closer to Nuclear Deal

A fragile but significant ceasefire between Lebanon and Israel took effect Thursday, as President Donald Trump signaled that a broader peace agreement with Iran may be within reach. The development marks a pivotal moment...

Trump Administration Moves to Deport Iranian Academic Yousof Azizi Over Alleged Visa Fraud

Yousof Azizi, an Iranian academic and media commentator known for his appearances on Sky News, BBC Persian, and the Middle East Institute, is facing deportation after being arrested by U.S. immigration authorities on...

Science

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...

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...

Technology

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...