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Sun, Jun 28, 2026 10:28 PM All times are UTC

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Russia Slashes 2025 Brent Crude Forecast to $68 Amid Oil Market Uncertainty

Apr 21, 2025 14:23 pm UTC| Economy

Russias economy ministry has revised its 2025 Brent crude oil forecast down by nearly 17%, now projecting an average price of $68 per barrel, compared to the $81.7 previously estimated in September. The update, reported by...

China Holds Steady: Lending Rates Unchanged Amid Economic Optimism and Trade Tensions

Apr 21, 2025 03:30 am UTC| Economy Insights & Views

China left its April 21, 2025, benchmark lending rates unchanged, leaving the one-year loan prime rate (LPR) at 3.1% and five-year LPR at 3.6% for a sixth straight month. This aligns with expectations and shows caution in...

Mark Carney Pledges Economic Reform, Tax Cuts, and NATO-Backed Defense Boost

Apr 20, 2025 03:06 am UTC| Politics Economy

Canadian Prime Minister Mark Carney has unveiled a bold economic platform promising tax cuts, increased infrastructure and defense spending, and a leaner government, distancing himself from former Prime Minister Justin...

MOEX Russia Index Rises Amid Oil and Gas Gains; Magnit and Severstal Tumble

Apr 20, 2025 03:06 am UTC| Economy

Russian stocks edged higher on Saturday, driven by strength in the oil, gas, and power sectors. The MOEX Russia Index closed up 0.26%, signaling cautious optimism among investors despite mixed performance across key...

Japan May Boost Rice and Soybean Imports Amid U.S. Tariff Talks

Apr 20, 2025 03:06 am UTC| Economy Politics

Japan is reportedly considering increasing imports of rice and soybeans as part of trade concessions to the United States in ongoing negotiations aimed at easing President Donald Trumps tariff pressure. According to the...

Malaysia’s Q1 GDP Grows 4.4%, U.S. Exports Surge Amid Tariff Concerns

Apr 18, 2025 11:01 am UTC| Economy

Malaysias economy expanded by 4.4% year-on-year in Q1 2025, according to official advance estimates released Friday. While slower than the 5% growth recorded in Q4 2024, the economy remained resilient amid global...

Wall Street Ends Mixed as Apple, Eli Lilly Rise Amid Trade and Rate Concerns

Apr 18, 2025 11:00 am UTC| Economy

Wall Street closed mixed on Thursday as investor sentiment improved slightly amid progress in U.S.-Japan trade talks, though caution prevailed ahead of the Good Friday holiday. The SP 500 inched up 0.13% to 5,282.70, while...

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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

US, Iran Agree to Halt Attacks Ahead of Doha Talks on Strait of Hormuz

The United States and Iran have reportedly agreed to halt military attacks as both sides prepare for high-level talks in Doha on Tuesday aimed at resolving tensions over the Strait of Hormuz, according to a senior U.S....

Russian Attacks Kill Four in Ukraine as Zaporizhzhia and Kharkiv Come Under Fire

Russian attacks across southeastern and northeastern Ukraine killed at least four people and left dozens injured on Sunday, according to regional officials, as fighting between Kyiv and Moscow continued with no sign of...

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...

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...