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Sun, Jun 28, 2026 02:01 PM All times are UTC

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Bank Indonesia Expected to Hold Rates Ahead of Fed Meeting Amid Rupiah Stability

Jun 17, 2025 01:36 am UTC| Economy Central Banks

Bank Indonesia (BI) is widely expected to keep its benchmark interest rate unchanged at 5.50% on Wednesday, as the rupiah strengthens and global uncertainties persist. According to a Reuters poll conducted from June 916,...

Trump, Starmer Sign UK-U.S. Tariff Deal Covering Autos, Aerospace

Jun 17, 2025 01:27 am UTC| Economy Politics

U.S. President Donald Trump and UK Prime Minister Keir Starmer signed a new tariff agreement on the sidelines of the G7 Summit in Canada, aiming to deepen trade ties between the two nations. The deal reduces tariffs on key...

Singapore’s Exports Drop 3.5% in May Amid Global Trade Uncertainty

Jun 17, 2025 01:25 am UTC| Economy

Singapores non-oil domestic exports (NODX) declined 3.5% year-on-year in May, falling short of expectations for 8.0% growth, according to data released Tuesday by Enterprise Singapore. This marks a reversal from Aprils...

Oil Prices Surge Amid Intensifying Iran-Israel Tensions and Trump’s Tehran Warning

Jun 17, 2025 01:03 am UTC| Economy

Oil prices jumped over 2% on Tuesday as escalating Iran-Israel conflict stoked fears of supply disruption in the Middle East. Brent crude rose $1.17, or 1.6%, to $74.40 a barrel, while U.S. West Texas Intermediate (WTI)...

India’s Trade Deficit Narrows Sharply to $21.88 Billion in May

Jun 16, 2025 09:24 am UTC| Economy

Indias merchandise trade deficit narrowed to $21.88 billion in May, significantly below economists expectations of $25 billion and Aprils deficit of $26.42 billion, according to data released by the government on Monday....

Swiss Economy Faces Growth Downgrade Amid Global Trade War Uncertainty

Jun 16, 2025 09:22 am UTC| Economy

Switzerland has lowered its economic growth forecasts for 2025 and 2026, citing rising global trade tensions and declining export demand. The State Secretariat for Economic Affairs (SECO) revised its 2025 GDP growth...

European Stocks Rise as Markets Weigh Middle East Conflict, Fed Decision

Jun 16, 2025 09:19 am UTC| Economy

European stock markets edged higher on Monday as investors assessed rising geopolitical tensions and anticipated key central bank decisions. Germanys DAX and Frances CAC 40 each gained 0.4%, while the UKs FTSE 100 rose...

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Economy

World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures

The World Bank has approved $1.1 billion in emergency financing for Bangladesh to help the country cope with the economic impact of rising food, fuel, and fertilizer prices driven by the ongoing conflict in the Middle...

Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms

U.S. President Donald Trump announced on Friday that the United States will impose a 100% tariff on imports from any country that enforces digital services taxes (DSTs) on American technology companies, significantly...

US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated

The U.S. dollar edged lower on Friday, extending its decline for a second consecutive session after a six-day winning streak pushed the greenback to its strongest level since May 2025. Despite the modest pullback, the...

Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen

Gold prices rebounded more than 1% on Friday but still finished the week in negative territory, as renewed expectations of Federal Reserve interest rate hikes and a stronger U.S. dollar continued to pressure the precious...

Wall Street Ends Lower as AI Stocks Drag Markets, Fed Rate Outlook Shifts

Wall Street closed slightly lower on Friday, capping a difficult week for U.S. equities as technology stocks led the decline. With geopolitical tensions easing following diplomatic progress in the Middle East and oil...

Politics

Ukraine Strikes Russian Titan-Barrikady Plant With Long-Range FP-5 Flamingo Missile

Ukraine said it carried out a long-range missile strike on a major Russian military production facility in the Volgograd region overnight, marking another escalation in Kyivs campaign to target defense infrastructure deep...

Javier Milei Cabinet Chief Manuel Adorni Resigns Amid Spending Scandal Investigation

Argentine President Javier Milei has suffered a political setback after Cabinet Chief Manuel Adorni resigned following mounting scrutiny over his finances and personal spending, triggering fresh pressure on the government...

Australia Plans Higher Fines for Social Media Firms Failing to Block Underage Users

Australia is moving to strengthen its landmark online safety law by proposing significantly tougher penalties for social media companies that fail to prevent children under 16 from accessing their platforms. The planned...

US Strikes Iran Again After Strait of Hormuz Tanker Attack Escalates Ceasefire Tensions

The United States launched fresh military strikes against Iran after a Panama-flagged oil tanker was attacked in the Strait of Hormuz, marking the most serious escalation since Washington and Tehran signed an interim peace...

Maria Corina Machado’s Return to Venezuela Faces U.S. Hesitation After Deadly Earthquakes

Venezuelan opposition leader Maria Corina Machados renewed appeal for U.S. assistance to return to Venezuela following the countrys devastating earthquakes has reportedly caused frustration among senior officials in...

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

Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike

Italys antitrust authority has launched an investigation into Microsoft over allegations of unfair commercial practices tied to the pricing changes for its Microsoft 365 subscription service. The probe focuses on whether...

US Seizes Nearly 400 Illegal World Cup Streaming Domains in Global Anti-Piracy Crackdown

U.S. authorities have seized nearly 400 internet domains that were allegedly used to illegally stream FIFA World Cup matches, marking one of the largest anti-piracy enforcement actions tied to the global soccer tournament....

SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service

SpaceX and Charter Communications are reportedly in executive-level discussions about forming a strategic partnership that could accelerate the expansion of consumer mobile services across the United States. According to a...

OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow

SoftBank Group (TYO:9984) shares tumbled sharply on Friday after a report suggested that OpenAI is considering postponing its highly anticipated initial public offering (IPO), delaying what many investors had expected to...

Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes

Apples major Asian suppliers came under heavy selling pressure on Friday after the iPhone maker announced significant price increases for its MacBook and iPad lineup, fueling concerns that rising semiconductor costs are...