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Mon, Jun 30, 2025 08:56 PM All times are UTC

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Japan Urges Domestic Bond Ownership Amid Interest Rate Worries

Jun 03, 2025 04:08 am UTC| Economy Insights & Views

Japan is urging stronger domestic ownership of government bonds to stabilize long-term interest rates, according to a draft of its latest economic policy guidelines reviewed by Reuters. The move comes amid concerns that...

Morgan Stanley: Trump Tariffs Likely to Cause Temporary Inflation Spike

Jun 03, 2025 01:57 am UTC| Economy Insights & Views

President Donald Trumps tariffs are beginning to impact U.S. supply chains and consumer prices, prompting concerns about inflation. However, Morgan Stanleys latest analysis suggests these price increases are likely to be...

Strategy Goes Big: $75M Bitcoin Buy Fuels Corporate Dominance

Jun 02, 2025 12:34 pm UTC| Digital Currency Insights & Views

As part of its continuing strategy to gather the bitcoin, Strategy (once MicroStrategy) has lately purchased 705 BTC for around $75.1 million at an average price of $106,495 per bitcoin. Common stock was not used to pay...

A New Era for Tron: Monthly Transfer Volume Exceeds $121 Billion

Jun 02, 2025 12:23 pm UTC| Digital Currency Insights & Views

With a monthly transfer volume reaching $121.2 billion, Tron (TRX) set an all-time high for the network in May 2025. With a total of 490.3 billion TRX coins moved during the month, this spectacular number denotes a 34%...

South Korea's Crypto Revolution: Strict Rules, Open Doors

Jun 02, 2025 11:43 am UTC| Digital Currency Insights & Views

To strike a balance between innovation and investor protection, South Korea is overhauling its cryptocurrency rules in 2025. With a pilot project already going for charities, the Financial Services Commission (FSC)...

Gold Soars to $3358 as Trade Tensions Explode

Jun 02, 2025 11:09 am UTC| Insights & Views

Gold gained momentum as trade tension escalated. It hit an intraday high of $3358 and is currently trading around $3345. With exporting countries such as India experiencing financial losses and decreased...

Trump's Tariff Shockwave: Trade Wars Heat Up

Jun 02, 2025 10:40 am UTC| Economy Insights & Views

The doubling of steel and aluminum import tariffs to 50% by Donald Trump has caused serious worries regarding growing worldwide trade friction. Like India, nations selling steel to the United States are anticipated to...

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Economy

India Draws Red Lines on Agriculture and Dairy in U.S. Trade Talks

Indias Finance Minister Nirmala Sitharaman has identified agriculture and dairy as critical red lines in the countrys ongoing trade negotiations with the United States. In an interview with the Financial Express, published...

Canada to Repeal Digital Services Tax, Paving Way for U.S. Trade Talks

Canada announced plans to repeal its Digital Services Tax (DST), a move that removes a major obstacle to renewed trade and security negotiations with the United States. Finance Minister François-Philippe Champagne...

Indonesia to Ease Import Rules to Attract Trade Ahead of U.S. Tariff Talks

Indonesia will relax import restrictions on various goods and raw materials to boost trade and attract business ahead of a key July 9 deadline for tariff negotiations with the United States. The policy shift, announced by...

Philippine Central Bank Cuts Current Account and Growth Forecasts Amid Global Risks

The Bangko Sentral ng Pilipinas (BSP) has revised its current account deficit forecast for 2025 to 3.3% of GDP, down from its earlier estimate of 3.9%, and expects it to narrow further to 2.5% in 2026. The central bank...

Asian Currencies Gain as Fed Rate Cut Bets Pressure Dollar

Most Asian currencies strengthened on Monday, supported by signs of improving Chinese business activity and continued weakness in the U.S. dollar. The dollar slipped further as investors ramped up expectations of a Federal...

Politics

Lavrov Warns NATO Overspending May Lead to Collapse

Russian Foreign Minister Sergei Lavrov said on Monday that Moscow intends to reduce its defense spending, while warning that NATOs rising military budgets could ultimately lead to the alliances downfall. Lavrovs comments...

German Foreign Minister Reaffirms Support for Ukraine Amid Intensified Russian Strikes

German Foreign Minister Johann Wadephul arrived in Kyiv on Monday, reaffirming Berlins strong commitment to supporting Ukraine in its ongoing war with Russia. His visit comes shortly after a massive Russian assault...

Kremlin Ties Ukraine Peace Talks to Kyiv’s Stance and U.S. Mediation

The future of Ukraine-Russia peace negotiations hinges on Kyivs position, U.S. mediation, and battlefield developments, Kremlin spokesman Dmitry Peskov said in a televised interview on Sunday. As the war enters its third...

Dalai Lama at 90: Legacy, Exile, and the Search for a Successor

The Dalai Lama, spiritual leader of Tibetan Buddhism, turns 90 this Sunday. Revered worldwide for his peaceful advocacy, the 14th Dalai Lamaborn Lhamo Dhondup in 1935 in Qinghai, Chinawas identified at age two as the...

Thai Finance Minister Heads to U.S. for Crucial Trade Talks Ahead of Tariff Deadline

Thai Finance Minister Pichai Chunhavajira announced on Monday that he will travel to the United States for two days of trade negotiations, aiming to avoid steep tariffs as a key moratorium nears expiration. Speaking on a...

Science

FDA Lifts REMS Requirement for CAR-T Cell Cancer Therapies

The U.S. Food and Drug Administration (FDA) has removed the Risk Evaluation and Mitigation Strategies (REMS) requirement for all currently approved CAR-T cell therapies, a move expected to improve patient access to these...

Neuren Pharmaceuticals Surges on U.S. Patent Win for Rare Disorder Drug

Shares of Neuren Pharmaceuticals Ltd (ASX:NEU) jumped over 10% on Thursday after the company announced a key development in its rare disease pipeline. The U.S. Patent and Trademark Office has approved Neurens patent...

CDC Vaccine Review Sparks Controversy Over Thimerosal Study Citation

A presentation on thimerosal, a mercury-based vaccine preservative, set to be delivered to the CDCs advisory committee has come under scrutiny for referencing a non-existent study. The report, Thimerosal as a Vaccine...

SpaceX Starship Explodes in Texas During Test, Citing Nitrogen Tank Failure

SpaceXs Starship spacecraft exploded in a dramatic fireball during a late-night test at the companys Starbase facility in Brownsville, Texas, on June 18, 2025. The 400-foot Mars-bound rocket, a key part of Elon Musks...

NASA Astronauts Wilmore and Williams Recover After Boeing Starliner Delay

NASA astronauts Butch Wilmore and Suni Williams are steadily recovering after spending nine unexpected months aboard the International Space Station (ISS) due to issues with Boeings Starliner capsule. Initially intended...

Technology

Trump Says Wealthy Buyers Ready for TikTok Acquisition Amid Renewed U.S.-China Optimism

U.S. President Donald Trump announced Sunday that a group of wealthy investors is prepared to acquire TikToks American operations, just days after he extended the sale deadline for Chinese owner ByteDance. In a Fox News...

Nvidia Insiders Sell Over $1B in Shares Amid AI-Fueled Stock Surge

Nvidia insiders have sold more than $1 billion worth of company shares over the past 12 months, according to a Financial Times report. The sales come as the chipmakers valuation has skyrocketed, driven by its central role...

Nvidia Insiders Sell Over $1 Billion in Stock Amid AI-Fueled Rally

Nvidia (NASDAQ:NVDA) insiders have sold more than $1 billion worth of company stock over the past year, according to a report by the Financial Times. The surge in executive stock sales comes as Nvidias share price has...

Meta Recruits More OpenAI Researchers to Boost AI Superintelligence Ambitions

Meta Platforms (NASDAQ:META) is accelerating its artificial intelligence development by hiring top talent from OpenAI, according to a report by The Information. The social media giant has secured agreements from four...

Singapore Delays Trial in Nvidia AI Chip Smuggling Case Tied to China

Singapores fraud case involving the alleged illegal transfer of Nvidia (NASDAQ:NVDA) AI chips to China has been adjourned to August 22, as prosecutors request more time for document review and overseas inquiries. The case...

Digital Currency