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Mon, Jun 29, 2026 07:05 AM All times are UTC

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Asian Markets Brace for Uncertainty Amid U.S. Economic Woes and Tariff Concerns

Feb 24, 2025 05:32 am UTC| Economy

Asian stocks are set for a cautious start on Monday, following Wall Streets sharp losses on Friday as concerns over the U.S. economy and new tariff threats from President Donald Trump weighed on global markets. Investors...

UK Job Listings Hit Four-Year Low in January, but Salaries Keep Climbing

Feb 24, 2025 05:32 am UTC| Economy Business

The UK job market saw a sharp decline in vacancies last month, with employers posting the fewest job openings for January since 2021. According to job search platform Adzuna, vacancies dropped 4.5% year-on-year to just...

Wall Street Futures Rebound as Investors Eye Nvidia’s Earnings Amid Market Uncertainty

Feb 24, 2025 05:32 am UTC| Economy

U.S. stock futures edged higher Sunday evening, attempting to recover from last weeks steep losses driven by economic concerns and political uncertainty. Investors are now focusing on Nvidias upcoming earnings, a key event...

Goldman Sachs: U.S. Oil Tariff to Cost Foreign Producers $10 Billion Annually

Feb 23, 2025 05:58 am UTC| Economy Insights & Views Politics

Goldman Sachs estimates that a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year, particularly impacting Canadian and Latin American crude exporters reliant on U.S. refiners. President Donald...

ECB May Cut Deposit Rate to 2% by Summer, Says Bank of France Chief

Feb 23, 2025 05:45 am UTC| Economy Central Banks

The European Central Bank (ECB) could lower its deposit rate to 2% by summer, according to Bank of France head and ECB policymaker François Villeroy de Galhau. In an interview with Alternatives Economiques, Villeroy...

Wall Street Tumbles as Economic Uncertainty and Tariffs Weigh on Markets

Feb 23, 2025 05:43 am UTC| Economy

U.S. stocks plunged on Friday, extending their selloff as weak economic data and tariff concerns fueled investor anxiety. The SP 500 suffered its worst single-day drop since December, while the Dow posted its steepest...

Oil Prices Hold Steady, Set for Best Week Since January on Supply Disruptions

Feb 21, 2025 08:11 am UTC| Economy

Oil prices remained stable in Asian trading on Friday, poised for their strongest weekly gain since early January. Supply disruptions continued to support the market, despite a larger-than-expected rise in U.S. crude...

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Economy

Canada Grants C$7 Million to Greenland Molybdenum Mine to Strengthen Critical Minerals Supply

Canada has awarded C$7 million (approximately $4.93 million) in non-repayable funding to support the development of a major molybdenum mining project in Greenland, reinforcing Western efforts to secure critical mineral...

Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire

Asian currencies traded in tight ranges on Monday as investors balanced easing geopolitical tensions in the Middle East with a busy week of key economic releases across Asia. While the tentative ceasefire between the...

China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations

Chinas central bank has introduced its new overnight reverse repo operation, setting the interest rate at 1.25%, according to a Reuters report citing people familiar with the matter. The move marks another step in the...

Japan Targets 1%+ Real Economic Growth With ¥370 Trillion Investment Plan

Japans government is preparing an ambitious long-term economic strategy aimed at achieving sustained annual real economic growth of more than 1%, according to a draft of its latest economic and fiscal policy framework. The...

China Expands Export Controls, Adds 20 Japanese Companies to Restricted List

China has expanded its export control measures by adding 20 Japanese organizations and companies to its restricted export list, marking another escalation in the ongoing diplomatic and trade tensions between Beijing and...

Politics

Russia Intensifies Assault on Kostiantynivka as Ukraine’s Donetsk Defense Faces Mounting Pressure

Russia has intensified its offensive against Kostiantynivka, a strategically important city in Ukraines Donetsk region, as the Kremlin continues its long-running campaign to seize full control of eastern Ukraine. While...

Taiwan Coast Guard Officer Finds Strength in Faith as China Increases Pressure in Taiwan Strait

As tensions in the Taiwan Strait continue to rise, one Taiwan Coast Guard officer has found reassurance in an unusual combination of professional duty and spiritual faith. Yeh Chih-sheng, the first mate aboard Taiwan Coast...

Australia, Vanuatu Sign Security Pact Amid Pacific Influence Competition

Australia and Vanuatu have officially signed a long-awaited development and security agreement, reinforcing their strategic partnership while highlighting the growing geopolitical competition for influence in the Pacific...

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...

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

Baige Online Shares Soar 333% in Hong Kong IPO Debut as AI Insurance Demand Lifts Chinese Listings

Chinese insurtech firm Baige Online Digital Technology Co. (HK:2672) delivered an impressive debut on the Hong Kong Stock Exchange on Monday, with its shares surging as much as 333% in early trading. The strong performance...

SoftBank Shares Slide as OpenAI IPO Delay Concerns Weigh on AI Investment Outlook

SoftBank Group Corp. shares dropped more than 5% on Monday, extending the sharp losses recorded last week as investors reacted to reports that OpenAI may postpone its highly anticipated initial public offering (IPO). The...

Baidu Shares Rally as Kunlunxin Eyes $50 Billion Hong Kong IPO

Baidu Inc. (HK:9888) shares climbed sharply on Monday after reports indicated that its artificial intelligence chip subsidiary, Kunlunxin, is aiming for a valuation of approximately $50 billion through a planned initial...

Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices

Lenovo Group (HK:0992) shares tumbled nearly 10% in Hong Kong on Monday after the company said it expects DRAM and NAND memory prices to remain structurally higher for years, citing booming artificial intelligence (AI)...

Morgan Stanley Raises Tesla Q2 Delivery Forecast on Strong Europe and China Demand

Morgan Stanley has increased its second-quarter delivery forecast for Tesla Inc. (NASDAQ: TSLA), citing stronger-than-expected electric vehicle (EV) sales in Europe and China. The revised outlook reflects improving demand...