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Sat, Sep 26, 2026 04:59 AM All times are UTC

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Australia Raises Concerns as China Reportedly Pauses BHP Iron Ore Purchases

Oct 01, 2025 01:11 am UTC| Politics Economy Business

Australian Prime Minister Anthony Albanese expressed concern on Wednesday following reports that Chinas state iron ore buyer has instructed steelmakers and traders to halt purchases of BHPs dollar-denominated iron ore...

Asian Currencies Steady as Investors Await U.S. Shutdown Decision; Australian Dollar Rises on RBA Hold

Sep 30, 2025 05:44 am UTC| Economy

Asian currencies traded in narrow ranges on Tuesday as investors remained cautious ahead of a potential U.S. government shutdown, while the Australian dollar gained ground after the Reserve Bank of Australia (RBA) held...

Oil Prices Slide as OPEC+ Eyes Production Hike and Iraq Resumes Exports

Sep 30, 2025 05:42 am UTC| Economy

Oil prices fell on Tuesday as renewed supply concerns weighed on the market. Brent crude futures for November delivery dropped 54 cents, or 0.8%, to $67.43 a barrel by 03:20 GMT before expiring, while the more active...

South Korea’s Used Car Exports Surge Amid U.S. Tariffs on New Vehicles

Sep 30, 2025 05:32 am UTC| Economy

South Koreas used car export industry is booming, offsetting the slowdown in new car shipments to the United States caused by steep tariffs. At Incheon, the nations largest used car export hub, workers are loading...

Asian Stocks Trade in Narrow Range as Investors Eye Central Bank Decisions and China PMIs

Sep 30, 2025 04:57 am UTC| Economy

Asian stock markets moved cautiously on Tuesday, holding within tight ranges as mixed economic signals from China and anticipation of central bank decisions kept investors on edge. Australian shares were flat ahead of the...

China’s September PMI Data Shows Diverging Signals in Manufacturing and Services

Sep 30, 2025 04:55 am UTC| Economy

Chinas economy delivered mixed signals in September as official and private purchasing managers index (PMI) readings diverged. Government data showed the official manufacturing PMI at 49.8, marking the sixth straight month...

Trump Imposes New Tariffs on Lumber, Furniture, and Kitchen Imports to Boost U.S. Manufacturing

Sep 30, 2025 04:54 am UTC| Politics Governance Economy

U.S. President Donald Trump has announced a new wave of tariffs targeting lumber, furniture, and kitchen fittings in an effort to strengthen domestic manufacturing and reduce reliance on imported goods. The tariffs,...

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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...