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Japan Trade Deal Lifts Nikkei to One-Year High; Tech Stocks Lag Across Asia

Jul 23, 2025 05:35 am UTC| Economy

Asian markets mostly advanced on Wednesday, with Japans Nikkei 225 surging 2.7% to its highest level since July 2024 after U.S. President Donald Trump announced a major trade agreement with Japan. The deal, seen as a...

Oil Prices Climb as U.S.-Japan Trade Deal Boosts Sentiment, Crude Inventories Fall

Jul 23, 2025 05:30 am UTC| Economy

Oil prices edged higher in Asian trading on Wednesday, supported by improved market sentiment following a new U.S.-Japan trade agreement and a surprise draw in U.S. crude stockpiles. As of 22:07 ET (02:07 GMT), Brent crude...

Trump Announces 19% Tariff on Philippine Goods After Marcos Visit

Jul 23, 2025 02:23 am UTC| Politics Economy

U.S. President Donald Trump has imposed a 19% tariff on imports from the Philippines, following a meeting with Philippine President Ferdinand Marcos Jr. at the White House. Announced via Trumps Truth Social platform, the...

Japan Races to Seal U.S. Trade Deal as August Tariff Deadline Looms

Jul 23, 2025 02:19 am UTC| Politics Economy

Japans chief trade negotiator, Ryosei Akazawa, met U.S. President Donald Trump at the White House on Tuesday in a bid to finalize a bilateral trade deal before a looming August 1 tariff deadline. According to the Asahi...

Japan Launches Anti-Dumping Probe into Chinese, Taiwanese Stainless Steel Imports

Jul 23, 2025 02:10 am UTC| Politics Governance Economy

Japan has initiated an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and Taiwan, according to its trade and finance ministries. The probe follows a May 12...

Indonesia-U.S. Trade Deal Cuts Tariffs, Boosts Market Access

Jul 23, 2025 02:02 am UTC| Politics Economy

Indonesia and the United States have reached a new trade deal that significantly lowers trade barriers and strengthens bilateral economic ties. Announced Tuesday, the agreement will eliminate tariffs on over 99% of U.S....

Dollar Slips as Trump-Japan Trade Deal Fuels Yen Strength

Jul 23, 2025 02:00 am UTC| Economy

The U.S. dollar wavered against the Japanese yen on Wednesday, pressured by a trade agreement between President Donald Trump and Japan that softened expected tariffs and boosted investor appetite for the yen. The dollar...

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Economy

Viksit Bharat 2026: Fiscal Muscle, Factory Revival, and the War on Speculation

Finance Minister Nirmala Sitharamans Union Budget 202627 pursues the Viksit Bharat vision vigorously by combining severe fiscal discipline with a huge growth push. Driven by a 7% GDP growth objective and a lowered fiscal...

EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects

Across Spains olive groves and vineyards, sensors and drones funded by the European Unions massive post-pandemic recovery plan are collecting soil data to power AI-driven farming. These projects reflect the core ambition...

Asian Markets Slide as Silver Volatility, Earnings Season, and Central Bank Meetings Rattle Investors

Asian share markets opened the week on a cautious note, largely tracking weaker Wall Street futures, as extreme volatility in silver prices and a packed global economic calendar unsettled investors. The sharp moves in...

India Budget 2025 Highlights Manufacturing Push but Falls Short of Market Expectations

Indias latest Union Budget placed manufacturing firmly at the center of its economic strategy, prioritizing key sectors such as semiconductors, biopharma, electronics, renewables, and capital goods. While the government...

Starmer’s China Visit Highlights Western Balancing Act Amid U.S.-China Rivalry

British Prime Minister Keir Starmers recent visit to China underscores the complex balancing act Western middle powers are attempting as rivalry between Beijing and Washington intensifies. While the trip allowed China to...

Politics

Medvedev Warns World Is Growing More Dangerous but Says Russia Seeks to Avoid Global Conflict

Dmitry Medvedev, Russias deputy chairman of the Security Council and a senior Kremlin security official, has warned that the global situation is becoming increasingly dangerous, while stressing that Russia does not want a...

Laura Fernandez Set to Become Costa Rica’s Next President, Promising Sweeping Political Change

Laura Fernandez is poised to become Costa Ricas next president, marking a significant political shift as she pledges to continue and deepen the populist agenda of outgoing President Rodrigo Chaves. Her victory signals a...

Peter Mandelson Resigns from Labour Party Amid Renewed Jeffrey Epstein Links

Former British government minister Peter Mandelson has resigned from Prime Minister Keir Starmers Labour Party following renewed media scrutiny over his past connections to disgraced U.S. financier Jeffrey Epstein. The...

Japan Election Poll Signals Landslide Win for Sanae Takaichi, Raising Fiscal Policy Concerns

Japans ruling Liberal Democratic Party (LDP), led by Prime Minister Sanae Takaichi, is poised for a decisive victory in the upcoming lower house election, according to a new opinion poll released by the Asahi newspaper....

U.S. Accuses Cuba of Harassing Top Diplomat Amid Rising Tensions

The United States has accused Cuba of interfering with the work of its senior diplomat in Havana after videos emerged showing small groups of Cubans verbally harassing him during visits outside the capital. The incident...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Oracle Plans $45–$50 Billion Funding Push in 2026 to Expand Cloud and AI Infrastructure

Oracle has announced plans to raise between $45 billion and $50 billion in 2026 as it accelerates the expansion of its cloud infrastructure to meet surging demand from major technology and artificial intelligence clients....

SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers

Elon Musks SpaceX is seeking approval from the U.S. Federal Communications Commission (FCC) for an ambitious plan to launch up to 1 million satellites into Earths orbit, aiming to harness solar energy in space to power AI...

Nvidia Confirms Major OpenAI Investment Amid AI Funding Race

Nvidia CEO Jensen Huang has confirmed that the chipmaking giant plans to make a massive investment in OpenAI, calling it likely the largest investment Nvidia has ever made. Speaking to reporters in Taipei, Huang dismissed...

Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate

Speculation around a potential Musk Inc has resurfaced as Elon Musks companiesSpaceX, Tesla, and xAIexplore closer ties amid rapid advances in artificial intelligence and automation. With SpaceX expected to go public later...

SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz

SpaceX delivered a strong financial performance last year, generating an estimated $8 billion in profit on revenues between $15 billion and $16 billion, according to people familiar with the companys results. The figures,...

Digital Currency