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Mon, Jun 29, 2026 07:18 AM All times are UTC

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S&P 500 Nears Record as Consumer Weakness, Inflation Concerns Weigh Markets

Feb 15, 2025 10:18 am UTC| Economy

The SP 500 closed at 6,111.75, just shy of its record 6,118.71, slipping 0.1% on Friday as weak retail sales and inflation concerns curbed gains. The Dow Jones Industrial Average dropped 166 points (-0.4%), while the...

Taiwan Pledges Stronger U.S. Ties Amid Trump’s Chip Industry Concerns

Feb 15, 2025 08:52 am UTC| Economy Technology Politics

Taiwanese President Lai Ching-te vowed to address former U.S. President Donald Trumps concerns over the semiconductor industry, emphasizing collaboration with the U.S. to strengthen supply chains and boost investment....

USD Stabilizes as Trump Holds Off Immediate Tariffs

Feb 14, 2025 10:01 am UTC| Economy Politics

The U.S. dollar steadied near a three-week low on Friday, buoyed by hopes of delayed trade tensions after President Donald Trump refrained from immediate reciprocal tariffs. Trump ordered his team to draft plans for...

Philippines' BSP Holds Rates Steady, Signals 50bps Cut Amid Global Uncertainty

Feb 14, 2025 09:52 am UTC| Economy Central Banks

The Bangko Sentral ng Pilipinas (BSP) kept its policy rate unchanged, citing global uncertainties, with Governor Eli Remolona hinting at possible 50 basis point cuts in 2025. The unexpected decision reflects concerns over...

Vietnam Eyes Stronger U.S. Agricultural Trade Amid Market Expansion Talks

Feb 14, 2025 09:52 am UTC| Economy Politics

Vietnam is set to expand imports of U.S. agricultural products, signaling a move to strengthen trade ties with its largest export partner. Vietnamese Trade Minister Nguyen Hong Dien emphasized the need for deeper...

Japanese Investors Sell Foreign Stocks Amid U.S. Tariff Fears

Feb 14, 2025 09:50 am UTC| Economy Business

Japanese investors heavily sold foreign stocks in the week ending February 8, ending an eight-week buying streak, as concerns grew over U.S. President Donald Trumps escalating tariff threats. According to Japans Ministry...

Trump's "Fair Trade" Gambit: Reciprocal Tariffs on the Horizon

Feb 14, 2025 05:49 am UTC| Economy Insights & Views

President Donald Trump will unveil reciprocal tariffs on nations he sees having unfair trade policies against the U.S1. He signed a directive directing his aides to prepare tariffs for each country based on their current...

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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...