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Indian Rupee Eyes RBI Support Amid Renewed U.S.-China Trade Tensions

Oct 13, 2025 02:17 am UTC| Economy

The Indian rupee is expected to react cautiously this week as renewed U.S.-China trade tensions weigh on global risk sentiment. The currency, which closed at 88.6850 per dollar on Friday, gained 0.1% over the week after...

U.S. Dollar Rebounds as Markets Eye Washington’s Next Move Amid Global Political Shifts

Oct 13, 2025 02:13 am UTC| Economy

The U.S. dollar regained ground on Monday after an early selloff, as traders speculated that Washington might soften its stance in the escalating trade conflict with China. The dollar index, which tracks the greenbacks...

Trump's Tariff Bombshell: US-China Trade Relations on Edge

Oct 13, 2025 02:06 am UTC| Economy Insights & Views

President Trumps announcement of a 130% tariff rate on Chinese imports effective November 1, 2025 has brought tensions between the US and China to a boiling point. This covers a fresh 100% tax on top of the existing 30%...

U.S. Stock Futures Rebound as Trump Calms China Trade Tensions

Oct 13, 2025 01:53 am UTC| Economy

U.S. stock futures surged Sunday evening, rebounding after last weeks steep losses, as investors reacted positively to President Donald Trumps reassuring comments on trade relations with China. The recovery offered relief...

Asian Markets Stumble Amid U.S.-China Trade Tensions and Political Uncertainty

Oct 13, 2025 01:46 am UTC| Economy

Asian stock markets opened the week on shaky ground as renewed U.S.-China trade tensions rattled investor confidence. Despite signs of stabilization in Wall Street futures, markets across Asia saw sharp fluctuations. A...

China Stocks Face Pressure as U.S.-China Trade Tensions Escalate Again

Oct 13, 2025 01:43 am UTC| Economy

Chinas stock market is bracing for renewed volatility as trade tensions between Washington and Beijing resurface. Following U.S. President Donald Trumps announcement of 100% tariffs on Chinese exports and upcoming...

Think Tank Urges Rachel Reeves to Overhaul UK Tax System in November Budget

Oct 13, 2025 00:59 am UTC| Politics Economy

Britains finance minister, Rachel Reeves, is being urged to deliver a bold reform of the UK taxation system in her upcoming November 26 budget, rather than relying on short-term fixes or raising existing tax rates. The...

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Economy

Oil Prices Fall on U.S.-Iran Hormuz Deal Hopes

Oil prices fell on Friday, ending a two-day rally as traders weighed reports that the United States and Iran were discussing a phased agreement that could eventually reopen the Strait of Hormuz and ease disruptions to...

Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens

The Canadian dollar could remain under pressure through the end of 2026 as diverging monetary policy between the Federal Reserve and Bank of Canada weighs on the currency, according to CIBC Capital Markets. CIBC expects...

Japanese Yen Rebounds as Trump Flags Currency Weakness

The Japanese yen ended a five-day losing streak on Friday, rebounding from the closely watched 160-per-dollar level after Tokyo disclosed that U.S. President Donald Trump had raised concerns about the currencys weakness...

US Comfortable With Canada Trade Standoff as Import Bans Loom

President Donald Trumps administration is prepared to maintain its escalating trade dispute with Canada as new import restrictions approach and Washington threatens additional tariffs on key Canadian industries. U.S. Trade...

Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals

The U.S. dollar weakened on Friday as oil prices retreated, although the currency remained headed for a second consecutive weekly gain as expectations for another Federal Reserve rate hike increased. The Japanese yen,...

Politics

Colombia Extradites FARC Dissident Leader ‘Spider’ to US

Colombia has extradited Geovany Andres Rojas, a senior commander of a dissident faction linked to the former FARC rebel movement, to the United States, where he is wanted on drug-trafficking charges. Rojas, widely known by...

Evan Gershkovich Says FSB Set Trap for 2023 Russia Arrest

Wall Street Journal reporter Evan Gershkovich says Russias Federal Security Service orchestrated an elaborate sting operation that led to his 2023 arrest on espionage charges, according to his first detailed published...

Saudi Arabia Seeks Military Support as Houthi Attacks Escalate

Saudi, Turkish and Pakistani military chiefs were expected to discuss support for Saudi Arabia as escalating Houthi attacks intensify security concerns across the Middle East, while new restrictions on Iranian flights add...

Putin Says Ukraine Peace Proposals Remain on Table

Russian President Vladimir Putin said Friday that proposals aimed at ending the 4-1/2-year war in Ukraine remain under consideration, although Moscow must determine which options best serve Russias interests. Speaking to...

Iran Rejects Nuclear Concessions in Hormuz Deal

Iran will not compromise on its nuclear rights even if the United States accepts Tehrans proposal for reopening the Strait of Hormuz, according to a senior Iranian official, underscoring major obstacles to ending the...

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

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...

Solidigm Eyes $150 Billion IPO as SK Hynix Expands AI Storage Push

SK Hynix subsidiary Solidigm is considering a U.S. initial public offering as early as next year that could value the semiconductor storage company at as much as $150 billion, according to a Reuters report on Friday. The...

Meta Found Liable in New Mexico Facebook Data Privacy Case

A New Mexico jury has found Meta Platforms liable for misleading consumers about Facebook user privacy and data-sharing practices in a case tied to the Cambridge Analytica scandal. The verdict followed a two-week trial in...

DaVoice Sues Perplexity AI Over Trade Secrets

AI technology startup DaVoice has filed a lawsuit against Perplexity AI in California federal court, accusing the artificial intelligence company of misappropriating trade secrets connected to wake word technology used in...