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Thu, Apr 16, 2026 05:43 PM All times are UTC

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Dollar Holds Steady as Yen Nears Critical 160 Level Amid Iran War Escalation

Apr 06, 2026 03:52 am UTC| Economy

Global currency markets opened cautiously on Monday as the U.S. dollar maintained its footing while the Japanese yen hovered dangerously close to the psychologically significant 160-per-dollar threshold. Thin trading...

Trump-Xi Summit 2026: U.S.-China Trade War Tensions and Tariff Talks

Apr 06, 2026 01:14 am UTC| Politics Economy

U.S. President Donald Trump is scheduled to meet Chinese President Xi Jinping in May 2026 during his first trip to China in eight years a high-stakes diplomatic visit arriving amid one of the most turbulent periods in...

U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump

Apr 06, 2026 01:06 am UTC| Economy

U.S. stock index futures pulled back Sunday night as geopolitical tensions in the Middle East intensified, pushing oil prices sharply higher after President Donald Trump issued a military ultimatum to Iran over access to...

Strait of Hormuz Disruption Sparks Global Oil Supply Fears

Apr 06, 2026 00:58 am UTC| Economy Insights & Views

Growing concerns over a potential global oil shortage have resurfaced as escalating Middle East tensions disrupt energy shipments through the Strait of Hormuz, one of the worlds most strategically vital oil transit routes....

Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply

Apr 06, 2026 00:57 am UTC| Economy

Global oil prices climbed sharply on Monday following the Easter holiday weekend, driven by escalating tensions between the United States, Israel, and Iran that continue to rattle international energy markets. The ongoing...

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

Apr 04, 2026 21:17 pm UTC| Economy Insights & Views Central Banks

Morgan Stanley believes the Federal Reserve will push forward with interest rate cuts in 2026, even as rising oil prices temporarily inflate headline inflation figures. According to the banks analysts, the current...

China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

Apr 04, 2026 21:01 pm UTC| Economy

Goldman Sachs analysts believe China is among the best-positioned major economies to weather the current oil price shock stemming from escalating Middle East tensions, citing the countrys diversified energy strategy,...

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Economy

Asian Currencies Rally as Dollar Weakens Amid Iran Ceasefire Hopes

Most Asian currencies gained ground on Thursday as the U.S. dollar extended its losing streak for a ninth consecutive session, driven by renewed optimism surrounding potential U.S.-Iran peace talks ahead of next weeks...

U.S. Crude Oil Exports Surge Toward Record Highs Amid Global Supply Crisis

The United States came remarkably close to becoming a net crude oil exporter last week for the first time since World War Two, as American shipments surged to meet surging international demand. The dramatic shift was...

Chile's Kast Unveils 40-Point Economic Reform Package to Boost Growth

Chilean President Jose Antonio Kast introduced a sweeping economic reform package this week, outlining 40 measures aimed at reinvigorating the countrys economy and stabilizing employment. Addressing the nation for the...

China's Economy Surpasses Q1 2026 Growth Forecasts

Chinas economy outperformed expectations in the first quarter of 2026, with official GDP data released Thursday confirming a 5% year-on-year expansion ahead of the 4.8% analysts had forecast and a notable acceleration...

China's New Home Prices Continue to Fall in March Despite Signs of Recovery in Major Cities

Chinas new home prices extended their downward trend in March, according to fresh data released by the National Bureau of Statistics, though some of the countrys largest cities began showing modest month-on-month...

Politics

Trump Pushes for Lebanon-Israel Dialogue Amid Renewed Hezbollah Conflict

U.S. President Donald Trump announced that the leaders of Lebanon and Israel are set to hold direct talks for the first time in roughly 34 years, signaling a diplomatic push to ease escalating tensions between the two...

Russia Launches Deadly Missile and Drone Strikes Across Ukraine, Killing Three Including a Child

Russian forces launched a wave of missile and drone attacks on multiple Ukrainian cities in the early hours of Thursday, leaving three people dead among them a 12-year-old boy and wounding more than 20 others. The...

Federal Judge Dismisses DOJ Lawsuit Attempting to Block Hawaii's Climate Case Against Oil Giants

A federal judge in Honolulu has dismissed a Trump administration lawsuit that sought to prevent Hawaii from pursuing climate change litigation against major fossil fuel companies in state court. U.S. District Judge Helen...

Pentagon Taps Auto Giants to Supercharge U.S. Weapons Production

The Pentagon is in early discussions with major American manufacturers including automotive leaders General Motors and Ford Motor about redirecting a portion of their factory capacity and workforce toward producing...

U.S. Senate Blocks Resolutions to Halt $450 Million Weapons Sale to Israel

The U.S. Senate voted Wednesday to reject two resolutions that sought to block approximately $450 million in military equipment sales to Israel, including bombs and bulldozers. Republicans united in opposition to the...

Science

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...

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...

Technology

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...

Elon Musk's Terafab Foundry Courts Top Chipmaking Giants for AI Self-Sufficiency Push

Elon Musks ambitious semiconductor venture, Terafab, is moving closer to reality after his team began reaching out to some of the worlds leading chipmaking equipment suppliers. According to Bloomberg, staff representing...

Sam Altman Moves to Dismiss Punitive Damages in Sister's Sexual Abuse Lawsuit

Sam Altman, co-founder and CEO of OpenAI, has filed a motion in St. Louis federal court seeking to strike punitive damages from a civil lawsuit brought by his sister, Annie Altman, who accuses him of repeated sexual abuse...

Samsung Races to Deliver Next-Gen HBM4E Memory Samples to Nvidia

Samsung Electronics is pushing hard to deliver engineering samples of its next-generation HBM4E high-bandwidth memory to Nvidia as early as next month, according to South Korean outlet ChosunBiz. The move signals Samsungs...

ASML Raises 2026 Revenue Outlook as AI Chip Demand Surges

ASML Holding N.V. lifted its full-year 2026 revenue forecast after the Dutch semiconductor equipment giant surpassed first-quarter profit and sales expectations. The results were fueled by accelerating AI-driven chip...