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Fri, Aug 28, 2026 11:25 AM All times are UTC

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Dollar Gains on Safe-Haven Demand Amid Middle East Tensions and Fed Caution

| Economy

The U.S. dollar strengthened on Thursday, driven by safe-haven demand as fears of an escalating Middle East conflict intensified. Reports that Washington is preparing for a potential strike on Iran pushed investors toward...

RBI Cuts Repo Rate by 50bps Amid Slowing Inflation, Signals Neutral Stance

| Economy Central Banks

The Reserve Bank of India (RBI) slashed its key repo rate by 50 basis points to 5.50% on Friday, delivering a larger-than-expected cut in a continued effort to stimulate economic growth. This marks the third straight rate...

Trump Hints at Possible Deadline Extension for Trade Talks Amid Ongoing Negotiations

| Politics Economy

U.S. President Donald Trump signaled flexibility on a July 8 deadline for finalizing trade deals, saying on Wednesday he might extend the timeline if necessary, although he does not expect it will be needed. Speaking at...

Starmer Criticizes Tariffs on NATO Allies in Call With Trump

| Economy Politics

British Prime Minister Keir Starmer has expressed strong opposition to the idea of imposing tariffs on NATO allies, arguing that such measures undermine collective security efforts. Starmer made his position clear during a...

Asian Tech Stocks Rise Amid U.S. Trade Worries and AI Demand

| Economy

Asian stock markets mostly advanced on Tuesday, led by gains in regional tech shares that mirrored strength in U.S. counterparts. Optimism was tempered, however, by lingering concerns over U.S.-China trade tensions and...

Indonesia Markets Rattle as Finance Minister Sri Mulyani Removed Amid Fiscal Concerns

| Politics Economy

Indonesias financial markets were shaken after President Prabowo Subianto abruptly removed Finance Minister Sri Mulyani Indrawati, raising fears over the nations fiscal stability. Investors have long regarded Mulyaniwho...

China Opens Door to Stronger U.S. Trade Ties Amid Rising Tensions

| Politics Economy

China has signaled a willingness to deepen economic and trade cooperation with the United States, as Commerce Minister Wang Wentao met with U.S. Trade Representative Jamieson Greer on the sidelines of a World Trade...

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Economy

France Inflation Accelerates to 2.7% in August

French inflation accelerated in August as higher energy costs, particularly prices for oil products, pushed consumer price growth above the previous months level, preliminary data from Frances national statistics agency...

Sweden Retail Sales Slip 0.2% in July

Swedens retail sales edged lower in July compared with the previous month, although consumer spending remained significantly stronger than a year earlier, according to official data released on Friday. Retail sales...

Iran Weighs Conditions to Reopen Strait of Hormuz

Iran war mediators are stepping up efforts to restore normal shipping through the Strait of Hormuz, with Tehran agreeing to prepare conditions for reopening the vital waterway following diplomatic pressure from Qatar....

Fed Chair Warsh Faces Key Jackson Hole Test

Federal Reserve Chairman Kevin Warsh will take center stage at the Jackson Hole economic symposium on Friday, with global markets looking for clearer signals on U.S. interest rates, persistent inflation and recent...

Tokyo Inflation Rises in August as BOJ Rate Hike Bets Grow

Consumer inflation in Tokyo edged higher in August, while underlying price pressures remained close to the Bank of Japans target, reinforcing expectations that the central bank could raise interest rates in the coming...

Politics

US Military Uses Laser to Shoot Down Cartel Drones at Mexico Border

The U.S. military used a high-energy laser to shoot down three drones linked to Mexican drug cartels near the U.S.-Mexico border this week, highlighting growing security concerns over unmanned aircraft used by criminal...

Mojtaba Khamenei’s Absence Fuels Iran Leadership Doubts

Six months after U.S. and Israeli airstrikes plunged Iran into war and left Mojtaba Khamenei badly wounded, the countrys supreme leader remains out of public view, raising questions about his health, authority and Irans...

South Korea, Japan and US Plan Joint Military Drills

South Korea, Japan and the United States will hold joint military drills from September 9 to 11, strengthening trilateral defense cooperation amid continued concerns over North Koreas nuclear weapons and missile programs....

ICE Awards $16.7M Contract for Electric Shock Gloves

U.S. Immigration and Customs Enforcement (ICE) has awarded a $16.7 million contract to purchase 6,000 pairs of electric shock gloves for field officers, moving ahead with the controversial equipment despite concerns raised...

Australia Pledges $3.6M for Nepal-China Flood Relief

Australia will provide $3.6 million in humanitarian aid to communities devastated by severe flooding along the Nepal-China border, while deploying additional consular and emergency response personnel as the number of...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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...

Technology

PayPal Shares Sink as $50 Billion Takeover Bid Collapses

PayPal Holdings (NASDAQ: PYPL) shares plunged in extended trading after a consortium led by private equity firm Advent International and payments giant Stripe reportedly ended its pursuit of the digital payments company....

Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns

Nvidia has temporarily halted some deals tied to a recently introduced financing program for artificial intelligence cloud companies, amid internal concerns that the arrangement could attract greater antitrust scrutiny,...

Google Changes EU Spam Policy Amid Antitrust Scrutiny

Google has revised its spam policy in Europe after concerns from European Union regulators raised the possibility of a significant antitrust fine for Alphabet, the search giants parent company. The company said Friday that...

U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China

The U.S. government is investigating Singapore-based Apex Logistics over allegations that the freight company helped transport Nvidia AI chips and computer systems to China despite U.S. export restrictions, Bloomberg...

U.S. Disrupts China-Linked Hacking Campaign Targeting Government Agencies

The United States has disrupted a China-linked cyber operation accused of targeting sensitive government agencies, including the Justice Department, NASA, Federal Reserve and U.S. Senate, authorities said Wednesday. The...