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Tue, May 26, 2026 12:57 AM All times are UTC

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Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit

May 14, 2026 05:46 am UTC| Economy

The U.S. dollar strengthened on Thursday as rising Treasury yields fueled expectations that the Federal Reserve could raise interest rates later this year. Investors also closely monitored the high-profile summit between...

Havana Protests Erupt as Cuba Faces Severe Blackouts and Fuel Crisis

May 14, 2026 05:28 am UTC| Politics Economy

Protests spread across Havana on Wednesday night as Cuba struggled through its worst electricity crisis in decades, with residents enduring rolling blackouts linked to an ongoing fuel shortage and tightened U.S. sanctions....

Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar

May 14, 2026 05:21 am UTC| Economy

Asian currencies traded cautiously on Thursday as global investors closely monitored the high-profile meeting between U.S. President Donald Trump and Chinese President Xi Jinping. At the same time, persistent inflation...

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

May 14, 2026 03:44 am UTC| Politics Economy

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

May 14, 2026 03:30 am UTC| Economy

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

May 14, 2026 03:21 am UTC| Economy

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

May 14, 2026 03:18 am UTC| Economy

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...

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Economy

US-Iran Framework Deal Raises Hopes for Strait of Hormuz Reopening

Iran and the United States have reportedly moved closer to ending their two-month conflict after both sides reached a preliminary framework agreement, according to comments from an Iranian foreign ministry spokesperson...

Oil Prices Drop Below $100 as U.S.-Iran Talks Ease Strait of Hormuz Fears

Oil prices plunged on Monday after signs of progress emerged in negotiations between the United States and Iran aimed at reopening the Strait of Hormuz, one of the worlds most critical oil shipping routes. The decline in...

Dollar Weakens as Iran Peace Deal Hopes Boost Global Market Sentiment

The U.S. dollar declined in thin holiday trading as growing optimism surrounding a potential U.S.-Iran peace agreement increased investor confidence and reduced demand for safe-haven assets. The dollar index slipped 0.3%,...

Japan Plans $19 Billion Extra Budget as Bond Market Faces Pressure

Japans government will prepare an additional budget worth around 3 trillion yen ($19 billion), Prime Minister Sanae Takaichi announced on Monday, raising concerns about further fiscal expansion and growing pressure on the...

Trump Faces Pressure as Fed Chair Kevin Warsh Takes Over

President Donald Trump can no longer blame former Federal Reserve Chair Jerome Powell for the state of the U.S. economy after appointing Kevin Warsh as the new head of the Federal Reserve. With Warsh now leading the...

Politics

Canada Condemns Israel Over Gaza Flotilla Detentions as Diplomatic Tensions Escalate

Canadian Prime Minister Mark Carney sharply criticized Israel on Monday over the treatment of activists detained aboard a Gaza-bound aid flotilla, calling the handling of civilians appalling and the humanitarian crisis in...

Meloni Coalition Retains Venice in Key Italy Local Elections

Italian Prime Minister Giorgia Melonis right-wing coalition secured a major political victory after winning the Venice mayoral election, according to projections released Monday. The result allows the centre-right alliance...

Iran Reopens International Internet Access After 87-Day Blackout

Iranian President Masoud Pezeshkian has officially ordered the restoration of international internet access after nearly 90 days of severe restrictions that isolated millions of citizens from the global web. Iranian state...

Zelenskiy Pushes Europe to Boost Missile Defense Production as U.S. Talks Stall

Ukrainian President Volodymyr Zelenskiy said Ukraine has seen little progress in discussions with the United States over expanding missile defense production, prompting Kyiv to strengthen cooperation with European partners...

Tsikhanouskaya Warns of Belarus Escalation During Kyiv Visit Amid Russia-Ukraine War

Exiled Belarusian opposition leader Sviatlana Tsikhanouskaya visited Kyiv on Monday as concerns continue to grow over Belarus potentially becoming more involved in Russias ongoing war against Ukraine. Her visit came...

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

Morgan Stanley Names Top AI Security and Data Center Stocks for 2026

Morgan Stanley has identified five leading companies in the growing Security, Identity, and Data Centers for AI Agents sector, highlighting firms expected to benefit from rising enterprise demand for secure artificial...

Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026

Macquarie has highlighted five major Taiwanese electronics stocks that it believes are well positioned to benefit from rising artificial intelligence infrastructure spending, data center upgrades, and next-generation...

Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks

Chinese semiconductor stocks surged Monday after Huawei announced a major breakthrough in advanced chip technology, fueling optimism about Chinas push for semiconductor self-sufficiency amid ongoing U.S. export...

Meta AI Push Could Add $26 Billion in Revenue by 2027, Wolfe Research Says

Meta Platforms (NASDAQ: META) is projected to generate more than $26 billion in additional revenue by 2027 through artificial intelligence products, subscription services, and new advertising tools, according to a recent...

SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut

SpaceX successfully completed a major test flight of its upgraded Starship V3 rocket, marking a significant achievement for Elon Musks aerospace company as it moves closer to a highly anticipated initial public offering....