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Mon, Jun 29, 2026 01:30 AM All times are UTC

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Singapore Manufacturing Output Falls Sharply in February Amid Weak Biomedical Demand

Mar 26, 2025 09:48 am UTC| Economy

Singapores manufacturing sector unexpectedly contracted in February, with output falling 1.3% year-on-year, defying forecasts of a 7% increase, according to data from the Singapore Economic Development Board (EDB). The...

Japan Eyes Stronger Yen, Tax Perks for Domestic Stock Investors

Mar 26, 2025 09:47 am UTC| Economy

Japans ruling party sees the yens real value closer to 120130 per dollar, not the current 150, according to Satsuki Katayama, a senior lawmaker from the Liberal Democratic Party (LDP). Speaking to Reuters, Katayama said...

Fed’s Goolsbee Sees Lower Interest Rates Ahead but Warns of Delays Amid Uncertainty

Mar 26, 2025 09:47 am UTC| Economy Politics Central Banks

Chicago Federal Reserve President Austan Goolsbee expects U.S. interest rates to be a fair bit lower within 12 to 18 months. However, due to ongoing economic uncertainty, he cautioned that the timing of the next rate cut...

Asian Stocks Climb as Tech Gains Offset Tariff Worries and Rate Hike Risks

Mar 26, 2025 09:47 am UTC| Economy

Asian stock markets mostly advanced on Wednesday, extending recent gains amid easing concerns over U.S. President Donald Trumps upcoming trade tariffs. The region tracked Wall Streets modest tech-driven rally, although...

Dollar Retreats as U.S. Confidence Wanes and Tariff Fears Loom

Mar 26, 2025 09:46 am UTC| Economy

The U.S. dollar pulled back on Wednesday amid weak consumer confidence data and growing concerns that sweeping tariffs could hinder U.S. economic growth. The greenback dipped about 0.5% against the yen overnight, falling...

BOJ Signals More Rate Hikes as Inflation Nears Target

Mar 26, 2025 09:46 am UTC| Economy Central Banks

Bank of Japan (BOJ) Governor Kazuo Ueda stated on Wednesday that the central bank may continue raising interest rates if Japans economy and inflation follow current projections. The BOJ recently raised its short-term...

Oil Prices Rise on Venezuela Tariff Threats and U.S. Inventory Drop

Mar 26, 2025 09:46 am UTC| Economy

Oil prices edged higher in early Asian trading on Wednesday amid concerns over tighter global supply. The move came after U.S. President Donald Trump threatened tariffs on countries importing oil and gas from Venezuela, a...

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Economy

Oil Prices Rise as US-Iran Tensions Threaten Strait of Hormuz Oil Shipments

Oil prices moved higher on Monday as renewed military exchanges between the United States and Iran heightened concerns over global energy supplies and disrupted shipping through the strategically important Strait of...

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...

Politics

Serbia Protests Continue as Thousands Rally Despite Vucic’s Resignation Plan

Thousands of demonstrators gathered in the central Serbian city of Kraljevo on Sunday, maintaining pressure on President Aleksandar Vucic just one day after he announced plans to resign within weeks and trigger early...

Iran Skips U.S. Technical Talks Over Unmet MoU Conditions and Frozen Funds Dispute

Iran did not participate in the technical talks scheduled for Sunday, citing recent military attacks on the country and unresolved conditions outlined in its memorandum of understanding (MoU) with the United States. The...

Trump Announces September Overhaul of Washington’s East Potomac Golf Links

U.S. President Donald Trump announced that a major renovation of Washingtons historic East Potomac Golf Links will begin on September 1, with plans to transform the century-old public golf course into what he described as...

Andy Burnham Sets Out Vision to Decentralize Britain as Labour Leadership Race Begins

Andy Burnham is set to outline his vision for the United Kingdom on Monday as the Labour politician positions himself to succeed Keir Starmer as the countrys next prime minister. Burnham is expected to focus on shifting...

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....

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

Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal

Australian AI infrastructure company Firmus Technologies has announced a strategic partnership with Nvidia that aims to expand affordable access to AI computing infrastructure for emerging artificial intelligence...

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...

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...