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Mon, Jun 30, 2025 08:43 PM All times are UTC

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Japan Boosts LNG Demand Amid AI Surge and Clean Energy Shift

Jun 20, 2025 02:59 am UTC| Economy Technology Business

Japan is regaining prominence in the global liquefied natural gas (LNG) market as the rise of AI-driven data centers, escalating costs of alternative fuels, and a revised national energy strategy renew interest in...

MSCI Sees Improved Short-Selling Access in South Korea Ahead of Market Reclassification

Jun 20, 2025 02:55 am UTC| Economy

MSCI has noted improved accessibility for short-selling in South Koreas stock market, raising hopes that the country could soon be added to the global index providers watchlist for a potential upgrade to developed market...

China Holds Loan Prime Rates Steady Amid Eased U.S. Trade Tensions

Jun 20, 2025 02:51 am UTC| Economy Central Banks

The Peoples Bank of China (PBOC) kept its benchmark loan prime rates unchanged on Friday, aligning with market expectations. The one-year LPR stayed at 3.00%, while the five-year LPR, a key reference for mortgage rates,...

BOJ Signals Future Rate Hikes Amid Uncertainty Over U.S. Tariffs

Jun 20, 2025 02:49 am UTC| Economy Central Banks

The Bank of Japan (BOJ) is leaning toward further interest rate hikes but remains cautious due to ongoing uncertainty surrounding U.S. trade policy, according to minutes from its April 30May 1 policy meeting released...

China Holds Lending Rates Steady Amid Easing Trade Tensions

Jun 20, 2025 02:47 am UTC| Economy

China kept its benchmark lending rates unchanged on Friday, signaling a cautious policy stance after implementing monetary easing measures last month. The one-year loan prime rate (LPR) remains at 3.00%, while the...

Oil Prices Rise for Third Week Amid Escalating Israel-Iran Conflict

Jun 20, 2025 02:45 am UTC| Economy

Oil prices are poised to post a third consecutive weekly gain, driven by heightened geopolitical tensions between Israel and Iran. Despite a dip on Friday, Brent crude futures were trading at $77.28 a barrel, down 2% for...

Japan Core Inflation Hits 2-Year High, Boosting BOJ Rate Hike Bets

Jun 20, 2025 02:43 am UTC| Economy

Japans core consumer inflation rose more than expected in May, intensifying speculation that the Bank of Japan (BOJ) could raise interest rates soon. The national core Consumer Price Index (CPI), which excludes volatile...

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Economy

India Draws Red Lines on Agriculture and Dairy in U.S. Trade Talks

Indias Finance Minister Nirmala Sitharaman has identified agriculture and dairy as critical red lines in the countrys ongoing trade negotiations with the United States. In an interview with the Financial Express, published...

Canada to Repeal Digital Services Tax, Paving Way for U.S. Trade Talks

Canada announced plans to repeal its Digital Services Tax (DST), a move that removes a major obstacle to renewed trade and security negotiations with the United States. Finance Minister François-Philippe Champagne...

Indonesia to Ease Import Rules to Attract Trade Ahead of U.S. Tariff Talks

Indonesia will relax import restrictions on various goods and raw materials to boost trade and attract business ahead of a key July 9 deadline for tariff negotiations with the United States. The policy shift, announced by...

Philippine Central Bank Cuts Current Account and Growth Forecasts Amid Global Risks

The Bangko Sentral ng Pilipinas (BSP) has revised its current account deficit forecast for 2025 to 3.3% of GDP, down from its earlier estimate of 3.9%, and expects it to narrow further to 2.5% in 2026. The central bank...

Asian Currencies Gain as Fed Rate Cut Bets Pressure Dollar

Most Asian currencies strengthened on Monday, supported by signs of improving Chinese business activity and continued weakness in the U.S. dollar. The dollar slipped further as investors ramped up expectations of a Federal...

Politics

Lavrov Warns NATO Overspending May Lead to Collapse

Russian Foreign Minister Sergei Lavrov said on Monday that Moscow intends to reduce its defense spending, while warning that NATOs rising military budgets could ultimately lead to the alliances downfall. Lavrovs comments...

German Foreign Minister Reaffirms Support for Ukraine Amid Intensified Russian Strikes

German Foreign Minister Johann Wadephul arrived in Kyiv on Monday, reaffirming Berlins strong commitment to supporting Ukraine in its ongoing war with Russia. His visit comes shortly after a massive Russian assault...

Kremlin Ties Ukraine Peace Talks to Kyiv’s Stance and U.S. Mediation

The future of Ukraine-Russia peace negotiations hinges on Kyivs position, U.S. mediation, and battlefield developments, Kremlin spokesman Dmitry Peskov said in a televised interview on Sunday. As the war enters its third...

Dalai Lama at 90: Legacy, Exile, and the Search for a Successor

The Dalai Lama, spiritual leader of Tibetan Buddhism, turns 90 this Sunday. Revered worldwide for his peaceful advocacy, the 14th Dalai Lamaborn Lhamo Dhondup in 1935 in Qinghai, Chinawas identified at age two as the...

Thai Finance Minister Heads to U.S. for Crucial Trade Talks Ahead of Tariff Deadline

Thai Finance Minister Pichai Chunhavajira announced on Monday that he will travel to the United States for two days of trade negotiations, aiming to avoid steep tariffs as a key moratorium nears expiration. Speaking on a...

Science

FDA Lifts REMS Requirement for CAR-T Cell Cancer Therapies

The U.S. Food and Drug Administration (FDA) has removed the Risk Evaluation and Mitigation Strategies (REMS) requirement for all currently approved CAR-T cell therapies, a move expected to improve patient access to these...

Neuren Pharmaceuticals Surges on U.S. Patent Win for Rare Disorder Drug

Shares of Neuren Pharmaceuticals Ltd (ASX:NEU) jumped over 10% on Thursday after the company announced a key development in its rare disease pipeline. The U.S. Patent and Trademark Office has approved Neurens patent...

CDC Vaccine Review Sparks Controversy Over Thimerosal Study Citation

A presentation on thimerosal, a mercury-based vaccine preservative, set to be delivered to the CDCs advisory committee has come under scrutiny for referencing a non-existent study. The report, Thimerosal as a Vaccine...

SpaceX Starship Explodes in Texas During Test, Citing Nitrogen Tank Failure

SpaceXs Starship spacecraft exploded in a dramatic fireball during a late-night test at the companys Starbase facility in Brownsville, Texas, on June 18, 2025. The 400-foot Mars-bound rocket, a key part of Elon Musks...

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

Technology

Trump Says Wealthy Buyers Ready for TikTok Acquisition Amid Renewed U.S.-China Optimism

U.S. President Donald Trump announced Sunday that a group of wealthy investors is prepared to acquire TikToks American operations, just days after he extended the sale deadline for Chinese owner ByteDance. In a Fox News...

Nvidia Insiders Sell Over $1B in Shares Amid AI-Fueled Stock Surge

Nvidia insiders have sold more than $1 billion worth of company shares over the past 12 months, according to a Financial Times report. The sales come as the chipmakers valuation has skyrocketed, driven by its central role...

Nvidia Insiders Sell Over $1 Billion in Stock Amid AI-Fueled Rally

Nvidia (NASDAQ:NVDA) insiders have sold more than $1 billion worth of company stock over the past year, according to a report by the Financial Times. The surge in executive stock sales comes as Nvidias share price has...

Meta Recruits More OpenAI Researchers to Boost AI Superintelligence Ambitions

Meta Platforms (NASDAQ:META) is accelerating its artificial intelligence development by hiring top talent from OpenAI, according to a report by The Information. The social media giant has secured agreements from four...

Singapore Delays Trial in Nvidia AI Chip Smuggling Case Tied to China

Singapores fraud case involving the alleged illegal transfer of Nvidia (NASDAQ:NVDA) AI chips to China has been adjourned to August 22, as prosecutors request more time for document review and overseas inquiries. The case...

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