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Sat, Sep 26, 2026 11:09 PM All times are UTC

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China’s Central Bank Highlights Stable Yuan and Pro-Consumption Policies for 2025

Feb 16, 2025 10:41 am UTC| Economy Central Banks

Chinas central bank governor, Pan Gongsheng, emphasized the importance of a stable yuan for global financial stability, reaffirming Beijings commitment to allowing market forces to determine the exchange rate. Speaking at...

Inflation is heating up again, putting pressure on Trump to cool it on tariffs

Feb 16, 2025 10:40 am UTC| Insights & Views Politics Economy

Inflation figures released on Feb. 12, 2025, will come as a disappointment to Americans who hoped President Donald Trump would be true to his word on bringing down prices on Day One. It will also put pressure on the new...

Gold Hits Record $2,900 Amid Trade War Concerns

Feb 15, 2025 12:11 pm UTC| Economy

Gold prices surged past $2,900 per ounce for the first time this week, driven by escalating trade tensions after President Donald Trump hinted at a 25% tariff on all US steel and aluminum imports. Despite this...

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...

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Economy

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

China Agrees to Buy 20 Million Tons of U.S. Coal

China has agreed to purchase at least 10 million metric tons of U.S. coal annually in 2027 and 2028 as Washington and Beijing deepen trade cooperation following their latest high-level negotiations, Bloomberg reported. The...

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...

Politics

South Africa Seeks US Talks Despite Visa Restrictions

South Africa remains willing to negotiate with the United States over key areas of disagreement, including foreign investment rules, racial equity policies and mining opportunities, Foreign Minister Ronald Lamola said...

Taiwan Says U.S. Arms Sales Protect Chip Supply

Continued U.S. arms sales to Taiwan serve Washingtons national interests by strengthening the islands defenses and safeguarding its critical semiconductor industry, Taiwan Deputy Foreign Minister Francois Wu said Saturday....

Iran Awaits U.S. Response on Hormuz Ceasefire Proposal

Iran was awaiting an official response from the United States on Saturday to its proposal to reopen the Strait of Hormuz and pause fighting across the Middle East, even as a media report said President Donald Trump had...

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...

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

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

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...