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Thu, May 14, 2026 04:23 AM All times are UTC

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Global Markets Rise as Oil Prices Stabilize Amid Middle East Tensions

May 04, 2026 04:52 am UTC| Economy

Asian stock markets showed modest gains on Monday as investors reacted cautiously to ongoing developments in the Middle East conflict, while oil prices remained relatively stable. Market sentiment improved slightly due to...

Dollar Holds Firm as Asian Currencies Stabilize Amid Middle East Tensions and Rate Uncertainty

May 04, 2026 04:48 am UTC| Economy

The U.S. dollar remained steady in Asian trading on Monday, while most Asian currencies moved within a narrow range as investors weighed geopolitical risks and uncertainty surrounding U.S. interest rates. Trading activity...

Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty

May 04, 2026 04:47 am UTC| Economy

Gold prices remained relatively stable during Asian trading on Monday, as ongoing geopolitical tensions in the Middle East and uncertainty surrounding global interest rates continued to influence market sentiment. Despite...

Oil Prices Hold Above $100 Amid Strait of Hormuz Tensions and U.S.-Iran Uncertainty

May 04, 2026 04:46 am UTC| Economy Politics

Oil prices remained elevated above the $100 mark on Monday despite a slight pullback, as ongoing geopolitical tensions and supply disruptions continued to influence the global energy market. Brent crude futures dipped...

RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200

May 04, 2026 04:00 am UTC| Central Banks Economy

The Reserve Bank of Australia (RBA) is widely expected to raise interest rates by 25 basis points to 4.35% following its May 5 policy meeting, marking its third increase this year. This anticipated move would return the...

Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns

May 04, 2026 02:15 am UTC| Central Banks Economy

Concerns that the eurozone could face a recession are increasingly valid as geopolitical tensions in the Middle East continue to disrupt global markets, according to European Central Bank (ECB) Governing Council member and...

Yen Stabilizes After Suspected Intervention as Global Currency Markets Stay Cautious

May 04, 2026 02:14 am UTC| Economy

The Japanese yen showed signs of stability in early Asian trading, gaining modest ground after several volatile sessions driven by suspected government intervention. The currency strengthened by 0.1% to 156.885 per dollar,...

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Economy

Trump, Xi Begin High-Stakes China Summit Focused on Trade, Taiwan and Global Tensions

U.S. President Donald Trump praised Chinese President Xi Jinping as a great leader and close friend as the two leaders opened a major summit in Beijing aimed at stabilizing U.S.-China relations amid rising geopolitical and...

Asian Stocks Edge Higher as Tech Shares Rise Ahead of Trump-Xi Beijing Summit

Asian stock markets posted modest gains on Thursday, supported by strength in technology and semiconductor stocks, while Chinese equities retreated as investors closely monitored the high-profile meeting between U.S....

ASX Names Former Euronext Executive Anthony Attia as New CEO

Australias leading stock exchange operator, ASX Ltd (ASX: ASX), announced on Thursday that former Euronext executive Anthony Attia will become its next chief executive officer as the company continues a major technology...

Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally

U.S. stock index futures moved higher Wednesday evening as investors remained optimistic about technology and semiconductor stocks ahead of a highly anticipated meeting between President Donald Trump and Chinese President...

Oil Prices Hold Above $100 as Trump-Xi Meeting and Iran Conflict Keep Markets on Edge

Oil prices remained stable during Asian trading on Thursday as investors closely monitored the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping. Traders are watching the high-level...

Politics

Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs

Japans government is considering compiling a supplementary budget to help households struggling with rising gasoline and utility prices as the ongoing Middle East crisis continues to fuel uncertainty in global energy...

Russia Launches Massive Drone and Missile Attack on Kyiv

Ukraines capital Kyiv faced a large-scale Russian drone and missile attack early Thursday, according to Ukrainian officials. The overnight assault triggered explosions across several districts of the city, causing damage...

RFK Jr. Spokesman Resigns Over Trump Administration’s Flavored E-Cigarette Policy

Rich Danker, the chief spokesman for Health Secretary Robert F. Kennedy Jr., resigned on Wednesday in protest against the Trump administrations decision to permit major tobacco companies to sell flavored e-cigarettes. His...

Russia Launches Massive Drone Attack on Ukraine, NATO Allies Respond

Russia carried out one of its largest daytime drone attacks on Ukraine on Wednesday, targeting critical infrastructure across western regions and killing at least six people. Ukrainian officials said Moscow launched around...

U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says

U.S. Secretary of State Marco Rubio said the United States is seeking Chinas support in persuading Iran to step back from its growing activities in the Gulf region. Speaking during an interview aired Wednesday on Fox News...

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

SK Hynix Nears $1 Trillion Market Value Amid South Korea’s AI-Driven Stock Market Surge

SK Hynix is rapidly approaching a historic $1 trillion market capitalization, only weeks after Samsung Electronics achieved the same milestone. The remarkable rise highlights South Koreas growing dominance in the global...

Cisco Restructures for AI Growth After Record Q3 Revenue

Cisco Systems (NASDAQ: CSCO) announced a major business restructuring focused on artificial intelligence and high-growth technology sectors after reporting record third-quarter revenue that exceeded Wall Street...

SpaceX IPO Faces Backlash Over Elon Musk’s Control and Governance Structure

Three of the largest U.S. public pension funds have raised serious concerns about SpaceXs planned initial public offering, warning that Elon Musks level of control over the company could weaken shareholder rights and...

Japan’s Top Banks to Gain Access to Anthropic’s Claude Mythos AI Model

Japans three largest banking institutions are expected to receive access to Claude Mythos, the advanced artificial intelligence model created by U.S.-based AI startup Anthropic, according to a report published by Nikkei on...

Samsung Shares Slide as Wage Talks Collapse, Raising Strike Fears

Samsung Electronics shares fell sharply on Wednesday after negotiations between the company and its largest labour union failed to produce a wage agreement, increasing concerns over a possible large-scale strike that could...