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Tue, Mar 31, 2026 06:16 AM All times are UTC

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Asian Stocks Surge as Hong Kong Rallies on AI Hype and China Stimulus

Mar 18, 2025 07:40 am UTC| Economy

Asian stocks climbed on Tuesday, with Hong Kong leading gains as optimism over Chinas economic stimulus and growing confidence in AI innovation fueled a rally in major tech stocks. Hong Kongs Hang Seng Index jumped nearly...

Oil Prices Rise Amid Gaza Strikes and Fed Uncertainty

Mar 18, 2025 05:08 am UTC| Economy

Oil prices gained in Asian trading Tuesday after Israel launched airstrikes on Gaza, allegedly violating a ceasefire following failed hostage negotiations. Brent crude rose 0.4% to $71.32 per barrel, while WTI climbed 0.4%...

Gold Surges Past $3,000 Again Amid Tariff Uncertainty and Dollar Weakness

Mar 18, 2025 05:08 am UTC| Economy

Gold prices soared past the $3,000 mark for the second time in a week, hitting a record high of $3,014.83 per ounce on Tuesday as investors sought refuge from economic uncertainty. Spot gold was up 0.4% at $3,012.74 per...

ANZ Raises China’s 2025 Growth Forecast Amid Stronger Industrial Output and Policy Support

Mar 18, 2025 04:48 am UTC| Economy

ANZ analysts have upgraded their 2025 GDP growth forecast for China to 4.8% from 4.3%, citing robust industrial production and new policy measures aimed at boosting consumption and market confidence. The bank also raised...

RBA Cautious on Rate Cuts Despite Market Expectations

Mar 18, 2025 04:48 am UTC| Economy Central Banks

The Reserve Bank of Australia (RBA) remains cautious about further interest rate cuts, despite market expectations for additional easing. Last month, the central bank lowered rates for the first time in over four years,...

Vietnam’s Largest Bank Fraud Spurs $26B Bailout Amid Sector Turmoil

Mar 18, 2025 04:43 am UTC| Business Law Economy

Vietnams financial sector faces a crisis as the State Bank of Vietnam (SBV) injects nearly $26 billion into Saigon Joint Stock Commercial Bank (SCB), equating to 5% of the nations 2024 GDP. The bailout follows the collapse...

Brazil Plans 10% Tax on Overseas Profits to Offset Income Tax Cuts

Mar 18, 2025 04:42 am UTC| Politics Economy

Brazils government is set to propose a 10% tax on corporate profits and dividends sent abroad to balance revenue losses from raising the income tax exemption threshold to 5,000 reais per month, sources told Reuters. The...

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Economy

RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure

European medical technology companies remain largely insulated from Middle East geopolitical tensions and rising energy costs, according to a recent RBC Capital Markets analysis. The investment bank found that sales...

Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes

Gold prices climbed in Asian trading on Tuesday, recovering slightly after suffering steep losses throughout March. The partial rebound came as investors reacted to reports that U.S. President Donald Trump was weighing an...

Dollar Surges to Monthly High as Middle East Conflict Rattles Global Markets

The U.S. dollar is on track for its strongest monthly performance since July, emerging as the dominant safe-haven asset amid escalating Middle East tensions that have sent oil prices soaring past $100 per barrel and...

Oil Prices Surge to Record Monthly Highs as Middle East War Rattles Global Markets

Global financial markets closed out a turbulent month under heavy pressure as the ongoing Middle East conflict between the United States, Israel, and Iran continued to shake investor confidence. Oil prices surged to...

Asian Stocks Mixed in March 2026 Amid Iran War Fears and Tech Selloff

Asian equity markets closed out March 2026 on shaky ground, with most regional indexes posting significant monthly losses as the ongoing U.S.-Israel war on Iran rattled investor confidence and disrupted energy markets. A...

Politics

EU Leaders Visit Kyiv on Fourth Anniversary of Bucha Massacre

European Union High Representative for Foreign Affairs Kaja Kallas, alongside multiple EU foreign ministers, made a significant visit to Kyiv on Tuesday to commemorate the fourth anniversary of the Bucha massacre. The...

U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval

Two prominent U.S. Senators have raised serious concerns over the Federal Communications Commissions (FCC) recent decision to greenlight a major media merger. Republican Senator Ted Cruz and Democratic Senator Maria...

Trump Weighs Ending Iran Campaign With Strait of Hormuz Still Closed

President Donald Trump is reportedly open to halting U.S. military operations against Iran even if the Strait of Hormuz remains blocked, according to a Wall Street Journal report published Monday. The development marks a...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...

Iran Strikes Oil Tanker Near Dubai Amid U.S. Threats and Ongoing Middle East Conflict

Iran launched an attack on a fully loaded crude oil tanker off the coast of Dubai on Monday, setting the Kuwait-flagged vessel Al-Salmi ablaze in one of the most dramatic escalations since the United States and Israel...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

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...

Technology

Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears

Major cybersecurity stocks took a sharp hit Friday following reports that Anthropic accidentally exposed details about its next-generation AI model before its official launch. CrowdStrike fell 7%, Palo Alto Networks...

Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers

Procurement records reveal that four Chinese universities, two of which have direct ties to the Peoples Liberation Army, acquired Super Micro Computer servers loaded with restricted Nvidia AI chips over the past year. The...

Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic

A federal judge has temporarily prevented the Pentagon from enforcing its designation of Anthropic as a national security supply-chain risk, dealing an early blow to the Trump administration in a growing dispute over...

SMIC Allegedly Supplies Chipmaking Tools to Iran's Military, U.S. Officials Warn

Chinas top semiconductor manufacturer, SMIC (Semiconductor Manufacturing International Corporation), has reportedly been transferring chipmaking equipment to Irans military industrial complex, according to two senior Trump...

Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling

Major memory chipmakers took a significant hit on Thursday after Google researchers introduced a groundbreaking compression algorithm that threatens to reduce artificial intelligence demand for memory chips. Samsung...