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Tue, Mar 10, 2026 06:22 AM All times are UTC

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Oil Prices Hover Near Seven-Month High as U.S.-Iran Nuclear Talks and Trade Tensions Stir Market Uncertainty

Feb 24, 2026 02:19 am UTC| Economy

Oil prices remained just below a nearly seven-month high on Tuesday as investors closely monitored renewed U.S.-Iran nuclear talks and ongoing uncertainty surrounding U.S. trade policy. Heightened Middle East tensions and...

Dollar Stalls as Trump Tariff Turmoil Shakes Global Markets

Feb 24, 2026 02:17 am UTC| Economy

The U.S. dollar weakened on Tuesday as Asian markets reacted to renewed uncertainty surrounding President Donald Trumps tariff policy and its potential fallout on global trade. Investors reassessed currency positions after...

China Holds Loan Prime Rates Steady as PBOC Maintains Cautious Monetary Policy

Feb 24, 2026 02:16 am UTC| Economy Central Banks

Chinas central bank kept its benchmark lending rates unchanged in February, marking the ninth consecutive month of steady policy as officials navigate mixed economic signals and subdued domestic demand. The Peoples Bank of...

Asian Markets Slip as Wall Street Selloff Deepens on Trump Tariff Uncertainty and AI Fears

Feb 24, 2026 02:14 am UTC| Economy

Asian stock markets edged lower in early Tuesday trading after a sharp selloff on Wall Street rattled global investor sentiment. Heightened uncertainty surrounding U.S. President Donald Trumps tariff policy and rising...

Bank of Korea Expected to Hold Interest Rates at 2.50% Through 2026 Amid Currency and Housing Market Risks

Feb 24, 2026 02:13 am UTC| Central Banks Economy

South Koreas central bank is widely expected to keep its benchmark interest rate unchanged at 2.50% this week and likely through 2026, according to a recent Reuters poll. The Bank of Korea (BOK) is maintaining a cautious...

AI Selloff Fears: DoorDash, Uber, Salesforce and Visa Slide After Citrini Research Report

Feb 24, 2026 01:53 am UTC| Economy

Technology and fintech stocks tumbled Monday after a dystopian AI scenario analysis from Citrini Research sparked investor anxiety about the long-term economic impact of rapid artificial intelligence adoption. Shares of...

UOB Q4 Net Profit Misses Estimates as Trading Income Slips, FY25 Earnings Down 23%

Feb 24, 2026 01:28 am UTC| Economy

Singapores United Overseas Bank (SGX: UOBH) reported fourth-quarter earnings that came in slightly below market expectations, as softer trading income and margin pressure offset steady loan growth and stronger fee...

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Economy

Iran-U.S. Oil Tensions Escalate as Revolutionary Guards Threaten Strait of Hormuz Blockade

Tensions between Iran and the United States have reached a dangerous new level after Irans Islamic Revolutionary Guards Corps threatened to halt all oil shipments from the Middle East if American and Israeli military...

U.S. Solar Market Contracts in 2025 as Trump Rolls Back Renewable Energy Incentives

The United States solar industry experienced a notable slowdown in 2025, with new installations falling to 43 gigawatts a significant drop from the nearly 50 GW recorded in 2024. A joint report by the Solar Energy...

Chinese AI Stocks Surge as Tencent, MiniMax, and Zhipu Launch Agentic AI Programs

Chinese artificial intelligence stocks climbed sharply on Tuesday, driven by growing investor enthusiasm around agentic AI a rapidly emerging category of software capable of performing complex tasks autonomously on user...

Asian Currencies Face Pressure as U.S.-Iran Conflict Weighs on Markets

Asian currencies remained broadly under pressure on Tuesday as geopolitical uncertainty surrounding the U.S.-Israel war with Iran continued to weigh on investor sentiment. The U.S. dollar index edged up 0.2% during Asian...

China's Trade Surplus Surges Past Forecasts in Early 2026

Chinas trade balance delivered a powerful start to 2026, with the countrys trade surplus reaching $213.62 billion in the January-February period significantly outpacing analyst expectations of $177.40 billion. The...

Politics

Trump-Putin Call Addresses Iran War, Ukraine Peace, and Global Oil Crisis

President Donald Trump and Russian President Vladimir Putin held a significant phone call on Monday, addressing the ongoing U.S.-Israeli war in Iran, the conflict in Ukraine, and growing instability in global energy...

Trump Hints at Possible U.S. Takeover of Cuba Amid Deepening Humanitarian Crisis

President Donald Trump raised eyebrows Monday when he suggested Cuba could be facing a potential U.S.-led takeover, describing the Caribbean nation as running on fumes with virtually no energy resources or financial...

Taiwan's MQ-9B SkyGuardian Drone Order Stays on Schedule Despite Middle East Conflict

Taiwans air force confirmed Tuesday that its procurement of four advanced MQ-9B SkyGuardian drones from U.S. defense manufacturer General Atomics remains on schedule and has not been disrupted by ongoing military...

U.S. Patriot Missiles Redeployed From South Korea Amid Middle East Conflict

South Korean President Lee Jae Myung acknowledged Tuesday that Seoul lacks the authority to prevent Washington from relocating U.S. military weapons stationed on the peninsula, following reports that Patriot missile...

U.S. Calls for Reassessment of International Aid to Taliban-Ruled Afghanistan

The United States has urged a careful review of international assistance to Afghanistan, citing Taliban intransigence and the systematic exclusion of women from basic rights even while acknowledging the countrys deepening...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Amazon Engineers Investigate AI-Linked Outages as GenAI Coding Tools Raise Reliability Concerns

Amazon has convened a large group of engineers to investigate a pattern of service disruptions tied to artificial intelligence, according to a report by the Financial Times. The internal meeting was prompted by what the...

Apple Bets Big on India: iPhone Production Hits 55 Million Units as China Reliance Fades

Apple has dramatically scaled up iPhone manufacturing in India, assembling approximately 55 million units throughout 2025 a striking 53% jump from the 36 million produced the year prior. The surge signals a decisive...

Anthropic Sues Pentagon Over AI Blacklist, Citing Free Speech Violations

Anthropic has filed a federal lawsuit challenging the Pentagons decision to place the AI company on a national security blacklist, marking a dramatic escalation in its standoff with the U.S. military. The California-based...

Yann LeCun's AI Startup AMI Raises $1 Billion at $3.5 Billion Valuation

Advanced Machine Intelligence (AMI), the artificial intelligence startup founded by renowned AI researcher and former Meta Platforms chief AI scientist Yann LeCun, has successfully closed a $1.03 billion funding round...

Nvidia Sets $4M CEO Bonus Target for Fiscal 2027 as AI Demand Drives Revenue Growth

NVIDIA Corporation (NASDAQ: NVDA) has introduced a new variable compensation plan for fiscal 2027 that ties executive bonuses directly to revenue performance, according to a recent regulatory filing. Under the updated...