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Sun, Sep 27, 2026 06:01 AM All times are UTC

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Asia Stocks Reel from South Korea’s Martial Law Reversal and Political Turmoil

Dec 04, 2024 06:54 am UTC| Economy Politics

Asian stocks tumbled Wednesday, led by South Koreas KOSPI falling over 2%, as President Yoon Suk-Yeols abrupt martial law and its reversal deepened political unrest, unnerving investors across the region. Asian Stocks...

FxWirePro- Economic Events for the day

Dec 04, 2024 06:15 am UTC| Economy

Time Currency Impact Actual Forecast Previous 8:15am EUR Spanish Services...

Australia's Economy: Steady Growth Amidst Rising Challenges

Dec 04, 2024 03:12 am UTC| Economy

In the third quarter of 2024, Australias economy grew by0.3%compared to the previous quarter, a slight improvement from the0.2%growth seen in the second quarter. This growth marks the twelfth quarter of economic expansion;...

Meta Taps Nuclear Energy to Power AI and Meet Soaring Data Center Demands by 2030

Dec 03, 2024 22:20 pm UTC| Economy Technology

Meta is turning to nuclear power to address its growing AI and data center energy needs, planning to add up to 4 GW of U.S. nuclear capacity by the early 2030s as energy demand triples. Meta Looks to Nuclear Energy for...

Amazon AI Models Shake Up Content Creation Game, Rival Adobe, and Meta With Nova Innovations

Dec 03, 2024 22:00 pm UTC| Economy Technology

Amazon revealed its Nova foundation AI models at the AWS conference, a move poised to disrupt the competitive AI landscape. With advanced content creation tools, Amazon is taking a direct shot at Adobe and Meta. Amazon...

Korean Won Bounces Back, ETFs Rebound as South Korea’s Yoon Ends Martial Law Amid Political Uproar

Dec 03, 2024 21:37 pm UTC| Economy

The Korean won rebounded from a two-year low on Tuesday after President Yoon Suk Yeol lifted martial law, following unanimous opposition in South Koreas parliament. The policy reversal helped ETFs linked to the countrys...

China Slams US Chips as ‘No Longer Safe’ Amid Rising Trade Tensions and Retaliatory Export Bans

Dec 03, 2024 21:13 pm UTC| Economy

Chinese industry groups have labeled US chips as unreliable and unsafe, urging businesses to turn to domestic alternatives. The warning follows heightened trade tensions, including Beijings retaliatory export ban on...

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

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...

Politics

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

Iran Says Diplomacy Only Path to End U.S.-Israel Conflict

Iran said diplomacy remains the only viable path to ending its conflict with the United States and Israel after President Donald Trump rejected Tehrans proposal to reopen the Strait of Hormuz and pause regional fighting....

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....

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...

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

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

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...