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Wed, Aug 26, 2026 06:21 AM All times are UTC

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Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside

Jul 10, 2026 05:17 am UTC| Business Insights & Views

Morgan Stanley has named Marks Spencer (MS) its new top pick in the European retail sector, citing the retailers growing market share, cost restructuring efforts, and attractive valuation as key factors supporting...

Hormuz on Edge: Iran’s Retaliatory Moves Heighten Oil Market Risks

Jul 09, 2026 08:45 am UTC| Insights & Views

The U.S.Iran conflict has continued very unstable, U.S.-Israel attacks, Iranian response, nuclear threats, and continuous oil-market disruptions fueling it. Though tensions have gotten worse several times, both sides have...

Fed Holds the Line: Hawkish Minutes Signal Higher-for-Longer Era Ahead

Jul 09, 2026 05:34 am UTC| Central Banks Insights & Views

The Federal Reserve maintained interest rates at 3.50% to 3.75%, hence clearly showing a hawkish inclination in the June FOMC meeting minutes. Nearly all participants supported waiting for more data, although some...

Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia

Jul 09, 2026 04:34 am UTC| Business Insights & Views

Goldman Sachs Asset Management believes Japan, South Korea, and Australia remain some of the most attractive markets for private equity buyouts in Asia, reflecting growing investor interest in the region despite broader...

Trump Says US-Iran MoU Is Effectively Over Amid Fresh Escalation

Jul 08, 2026 14:29 pm UTC| Insights & Views

Trumps comment that its over indicates he believes the current informal agreement with Iran is no longer a viable way to reduce tensions. This comes after recent attacks and counterattacks near the Strait of Hormuz. While...

Gold Pulls Back After Hitting $4,180 as Geopolitical Risk Sends Crude Higher

Jul 08, 2026 11:13 am UTC| Insights & Views

Gold gave back most of its earlier gains because a surge in crude oil prices, driven by escalating geopolitical tensions, increased the likelihood that the Federal Reserve might pause its interest rate hikes. The price had...

BitMine Closes in on 5% of All Ethereum With Another $70M ETH Buy

Jul 08, 2026 10:43 am UTC| Digital Currency Insights & Views

Over the last three days, BitMine acquired approximately $70 million in Ethereum. The company reportedly purchased 7,080 ETH and 16,693 ETH in two separate transactions. These acquisitions move BitMine closer to its goal...

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Economy

Qatar LNG Exports Plunge 96% as U.S.-Iran War Disrupts Gulf Energy Trade

Qatar has emerged as one of the biggest economic casualties of the six-month U.S.-Iran war, with liquefied natural gas (LNG) exports plunging 96% as the conflict severely disrupts energy shipments through the Gulf. The...

Gold Prices Hover Near Three-Month High as Oil, Treasury Yields Fall

Gold prices slipped slightly on Wednesday but remained close to a three-month high as falling oil prices and lower U.S. Treasury yields eased inflation concerns ahead of key Federal Reserve signals. Spot gold, or XAU/USD,...

Japan Eyes Tax Changes to Curb Condo Speculation

Japans land ministry is preparing to seek tax reforms for fiscal 2027 aimed at curbing speculative condominium transactions that have contributed to rising home prices in major urban areas, according to a Nikkei report....

Australia Inflation Beats Forecasts, Raising RBA Rate Hike Risk

Australias inflation remained hotter than expected in July, increasing pressure on the Reserve Bank of Australia (RBA) to consider further interest rate hikes as underlying price growth stayed elevated. The consumer price...

Asian Currencies Mixed as Aussie Dollar Rises on Hot Inflation

Asian currencies traded in a mixed range on Wednesday, while the U.S. dollar remained relatively steady as investors awaited key U.S. inflation data for fresh signals on the Federal Reserves interest rate outlook. The...

Politics

Trump Floats ‘Lake America’ Rename as US-Canada Trade Tensions Deepen

U.S. President Donald Trump said Tuesday that his administration is considering renaming Lake Ontario as Lake America, as tensions between the United States and Canada escalate following the collapse of bilateral trade...

Trump Administration Pauses Visa Appointments Worldwide

President Donald Trumps administration has temporarily paused or rescheduled visa appointments at U.S. embassies and consulates worldwide as the State Department launches a global training program for consular officers. A...

U.S. Caribbean Vessel Strike Kills Four in Latest Anti-Drug Operation

The U.S. military said four people were killed in a strike on a vessel in the Caribbean on Tuesday, marking the latest attack in Washingtons campaign against suspected drug-trafficking operations at sea. U.S. Southern...

CIA Director John Ratcliffe Visits Moscow for Talks With Russian Officials

U.S. CIA Director John Ratcliffe traveled to Moscow on Tuesday for meetings with Russian officials, according to U.S. media reports, marking a rare high-level intelligence visit amid heightened tensions involving Russia,...

Taiwan Foreign Minister Heads to Palau for Pacific Islands Summit Events

Taiwan Foreign Minister Lin Chia-lung will travel to Palau this week to attend events linked to a major summit of Pacific island leaders, as geopolitical competition between Taiwan and China continues to intensify across...

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

SoftBank Eyes $20 Billion Bond Sale to Refinance OpenAI Loan

SoftBank Group is reportedly considering a bond offering worth between $10 billion and $20 billion as the Japanese technology conglomerate looks to refinance borrowing linked to its massive investment in OpenAI. The...

OpenAI Data Center Chief Chris Malone Exits Ahead of Planned 2027 Listing

Chris Malone, OpenAIs head of data centers, left the artificial intelligence company last week, marking another senior departure as the ChatGPT maker prepares for a planned 2027 listing, according to the Wall Street...

Meta, U.S. States Discuss Settlement in Teen Addiction Trial

Meta Platforms and attorneys general representing several U.S. states have held discussions over a potential settlement as the Facebook and Instagram parent faces a federal trial over allegations that its social media...

Google Expands Gemini Enterprise With AI Tools for Legal Sector

Google has expanded its Gemini Enterprise artificial intelligence platform with new tools designed for lawyers and law firms, intensifying competition among major technology companies seeking a larger share of the growing...

Luxshare Shares Rise as First-Half Profit Jumps 18%

Luxshare Precision Industry shares gained on Monday after the major Apple supplier reported strong first-half earnings and projected double-digit profit growth for the first nine months of the year, supported by expanding...