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Sun, May 10, 2026 02:35 PM All times are UTC

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Australian Jobs: Moderation, Not Malaise

Jun 19, 2025 03:04 am UTC| Insights & Views

Despite a significant decline in job growth, Australias employment data for May 2025, published on June 19, 2025, indicate essentially no change in the labor market. There was a notable drop in employment as 28,000 jobs...

Powell Warns Tariffs to Boost U.S. Inflation Over Summer

Jun 19, 2025 00:50 am UTC| Economy Politics Insights & Views

Federal Reserve Chair Jerome Powell said Wednesday that U.S. consumers will begin to feel the effects of President Donald Trumps tariffs as goods inflation rises in the coming months. Powell emphasized that tariffs on...

Oil Surges Past $73 as Mideast Tensions Mount

Jun 18, 2025 12:25 pm UTC| Insights & Views

Oil Surges Past $73 as Mideast Tensions Mount Crude oil pricestrade above $73 as Israel and Iran tension escalates. It hit an intraday high of $73.63 and is currently trading around $73.47. The growing conflict...

Altcoin Whales Are Back: What They're Buying & Why

Jun 18, 2025 12:06 pm UTC| Digital Currency Insights & Views

During June 2025, cryptocurrency whales have been amassing a wide array of altcoins, signaling their strategic position as potential market catalysts and the next stage of the crypto cycle. With over 108,000 users,...

Thailand's Crypto Boost Meets Dollar's Rise

Jun 18, 2025 11:10 am UTC| Digital Currency Insights & Views

Thailand has announced a five-year exemption on capital gains tax for cryptocurrency transactions, effective from January 1, 2025, to December 31, 2029. This policy specifically applies to profits generated from the sale...

XRP: July/August - Make or Break?

Jun 18, 2025 08:19 am UTC| Digital Currency Insights & Views

Ripple vs. the current market forces make July and August 2025 crucial months for all things XRP. Why? The SEC lawsuit and the expected verdict on Franklin Templetons spot XRP ETF are significant factors. The U.S. lawsuit...

Will the Fed Blink in June 2025?

Jun 18, 2025 03:47 am UTC| Central Banks Insights & Views

It is expected that the Federal Reserve will maintain its benchmark interest rate between 4.25% and 4.45% in June 2025. FOMC meeting. At 2 p.m., the verdict will be announced. Chairman Jerome Powell is scheduled to hold a...

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Economy

Saudi Aramco Q1 Profit Jumps 25% as Strait of Hormuz Crisis Reshapes Oil Exports

Saudi Aramco posted a strong 25% increase in first-quarter net profit for 2026, highlighting the companys resilience amid ongoing geopolitical tensions and major disruptions to global energy shipping routes. The Saudi...

Dollar Struggles to Rally Despite Strong US Data as Fed Hike Expectations Remain Limited

The U.S. dollar has continued to underperform even as economic data points to improving fundamentals, and BofA Securities believes the markets hesitation is tied to expectations surrounding future Federal Reserve rate...

Malaysia Unveils Energy Security Plan Amid Iran Conflict and Rising Oil Costs

Malaysia is preparing to introduce a comprehensive strategy to protect its oil supply as tensions surrounding the Iran conflict continue to disrupt global energy markets. Prime Minister Anwar Ibrahim is expected to...

Russian LNG Shadow Fleet Expands Amid Arctic LNG 2 Sanctions

Russia is intensifying efforts to bypass Western energy sanctions after a liquefied natural gas (LNG) tanker operating under a newly adopted Russian flag was spotted loading fuel linked to the sanctioned Arctic LNG 2...

S&P 500, Nasdaq Hit Record Highs as AI Stocks Rally and Strong Jobs Data Boost Confidence

The SP 500 and Nasdaq closed at fresh record highs on Friday as investors poured into AI-related stocks and welcomed stronger-than-expected U.S. jobs data, reinforcing confidence in the resilience of the American economy....

Politics

Qatar Condemns Drone Strike as Iran Conflict Threatens Gulf Shipping and Global Markets

Qatar has strongly condemned a drone strike on a cargo vessel in its territorial waters, calling the incident a serious violation of international law and a dangerous escalation in the ongoing U.S.-Iran conflict. The...

Iran Military Readiness Intensifies After Meeting With Mojtaba Khamenei

Irans military leadership has reinforced its warning against the United States and Israel following a high-level meeting between senior armed forces officials and Supreme Leader Mojtaba Khamenei, according to a report...

Qatar LNG Tanker Crosses Strait of Hormuz Amid Iran War Tensions

A QatarEnergy-operated liquefied natural gas tanker successfully crossed the Strait of Hormuz on Sunday for the first time since the Iran war began on February 28, signaling a possible easing of tensions in one of the...

Germany Rejects Putin’s Proposal for Schroeder to Mediate Ukraine Peace Talks

Germany has dismissed Russian President Vladimir Putins suggestion that former German Chancellor Gerhard Schroeder could act as a mediator between Russia and the European Union in possible Ukraine peace negotiations....

Russia Accuses Ukraine of Ceasefire Violations Amid Drone and Artillery Attacks

Russias Defence Ministry claimed on Sunday that Ukraine breached a temporary ceasefire by carrying out drone and artillery attacks against Russian forces, according to reports from Interfax news agency. Moscow stated that...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...

TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit

TikTok and the Trump administration are reportedly close to reaching a $400 million settlement tied to allegations that the popular video-sharing platform violated U.S. child privacy laws. According to ABC News, the...