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Wed, Sep 02, 2026 05:54 PM All times are UTC

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China opens new Arctic trade route – but obstacles will prevent its wider use

Aug 22, 2026 15:22 pm UTC| Insights & Views Economy

Sea Legend, a Chinese shipping line, recently announced it was launching a regular container service between China and Europe via the Arctic. The announcement follows a trial crossing in 2025 that saw a container ship...

Peru Economy Grows 2.6% in Q2 as Private Investment Surges

Aug 21, 2026 21:00 pm UTC| Economy

Perus economy expanded 2.6% year over year in the second quarter of 2026, slightly exceeding market expectations as strong domestic demand and private investment helped offset weakness in manufacturing and fishing. The...

US Dollar Heads for Worst Week Since July as Fiscal Concerns Mount

Aug 21, 2026 20:29 pm UTC| Economy

The U.S. dollar was on course Friday for its steepest weekly decline since late July as mounting fiscal concerns and unusual Treasury market intervention weighed on investor confidence. The U.S. Dollar Index, which...

Gold Prices Hit Three-Month High as Dollar Weakens

Aug 21, 2026 20:28 pm UTC| Economy

Gold prices surged to a three-month high on Friday and headed for strong weekly gains as a weaker U.S. dollar and mounting concerns over Treasury yields and government debt boosted demand for the precious metal. Spot gold...

Wall Street Ends Higher as Crypto Stocks and Materials Rally

Aug 21, 2026 20:24 pm UTC| Economy

Wall Street closed higher on Friday as gains in materials and cryptocurrency-related stocks helped offset renewed pressure from rising U.S. Treasury yields and elevated oil prices. The SP 500 gained 0.4% to finish at...

US Debt Tops $40 Trillion as Global Borrowing Costs Surge

Aug 21, 2026 06:52 am UTC| Economy

U.S. government debt has surpassed $40 trillion for the first time, highlighting growing fiscal pressures as major economies face rising spending demands from ageing populations, defence, climate change and higher interest...

UK Budget Swings to Surprise £1.8 Billion Deficit in July

Aug 21, 2026 06:50 am UTC| Economy

Britain recorded an unexpected 1.8 billion ($2.5 billion) budget deficit in July, as inflation-driven government spending outweighed record self-assessed income tax receipts, highlighting continued pressure on the UKs...

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Economy

FTSE 100 Falls as US-Iran Conflict Drives Oil Prices Higher

British stocks declined on Wednesday as escalating military tensions between the United States and Iran pushed oil prices higher and weakened investor appetite for risk across European markets. The FTSE 100 fell 0.30% by...

Asian Currencies Weaken as Dollar Rises, Kiwi Slides After RBNZ Hike

Asian currencies mostly weakened on Wednesday as the U.S. dollar traded near a two-week high, while the New Zealand dollar fell sharply despite the Reserve Bank of New Zealand raising interest rates. The kiwi dropped to...

Bank of England Sees Surge in Higher-Risk Collateral

British banks are increasingly using higher-risk loans and securities as collateral to access Bank of England funding, highlighting how the central banks exposure to potentially illiquid assets is growing. Banks pledged...

South Korea Inflation Rises to 3.1% in August

South Koreas consumer inflation accelerated in August, coming in slightly below market expectations but remaining near a two-year high as elevated energy and telecommunications costs continued to pressure household prices....

US Strikes Iran IRGC Targets as Conflict Escalates

The U.S. military completed a new wave of strikes against Iran late Tuesday, targeting Islamic Revolutionary Guard Corps (IRGC) facilities as fighting between Washington and Tehran intensified following a weekend exchange...

Politics

Greenland Says US Talks Remain Ongoing

Greenlands Foreign Minister Mute Egede said Wednesday that negotiations with the United States over the Arctic islands future remain underway, although he declined to disclose details of the discussions. Speaking during a...

US, Australia Pledge $580 Million for Pacific Islands

The United States and Australia announced a combined $580 million funding package for Pacific Island nations on Wednesday, stepping up regional support as competition with China for influence across the Pacific...

Ed Markey Wins Massachusetts Democratic Senate Primary

U.S. Senator Ed Markey secured the Democratic nomination for another term in Massachusetts on Tuesday, defeating Representative Seth Moulton in a closely watched primary that highlighted debates over age, experience and...

USS Abraham Lincoln Arrives in Thailand After Record 200 Days at Sea

The U.S. Navy aircraft carrier USS Abraham Lincoln arrived at Thailands Laem Chabang port on Wednesday morning after spending more than 200 consecutive days at sea, including an extended deployment in the Middle East....

US-Iran Conflict Escalates With New Strikes Near Hormuz

The U.S.-Iran conflict intensified on Wednesday after the two sides carried out their most significant exchange of attacks in weeks, raising fears of a wider Middle East war as tensions around the Strait of Hormuz...

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

MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations

MongoDB (NASDAQ: MDB) shares plunged more than 14% in premarket trading Wednesday despite stronger-than-expected fiscal second-quarter 2027 results, as investors focused on the lack of growth acceleration in the companys...

Lenovo Shares Fall After Dropbox Security Breach Exposes ID Vulnerability

Lenovo Group shares came under pressure on Wednesday after a security breach at Dropbox revealed a vulnerability connected to the Chinese technology companys Lenovo ID authentication service. Dropbox said approximately...

OpenAI Nears Astra AI Model Launch With Safety Focus

OpenAI is preparing to launch its next-generation artificial intelligence model, Astra, with CEO Sam Altman signaling that the release could arrive soon as the company increases its focus on AI safety and cybersecurity....

OpenAI Rejects Apple Trade Secret Theft Claims

OpenAI has denied Apples allegations that it obtained confidential trade secrets through former Apple employees, arguing that the iPhone maker has failed to provide evidence showing proprietary information was stolen. In a...

MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment

MediaTek shares surged nearly 10% on Tuesday after Nvidia announced a $3.5 billion investment in the Taiwanese semiconductor designer, strengthening a strategic partnership focused on artificial intelligence...