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Tue, Jul 07, 2026 12:56 PM All times are UTC

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Zuma's about-turn shows power of the South African media, and the markets

Dec 14, 2015 10:45 am UTC| Insights & Views Politics

South Africa has had three finance ministers in the space of four days. First President Jacob Zuma replaced his trusted and competent finance minister Nhlanhla Nene with David van Rooyen, a malleable backbencher with a...

How the commodities crunch is hitting mines around the globe

Dec 11, 2015 15:58 pm UTC| Insights & Views

Anglo American, one of the largest mining companies in the world, has announced a restructure that will cut 85,000 jobs worldwide, a reduction of its workforce by almost two-thirds. The move follows a huge downturn in...

The solution to London's airport capacity crisis? Do nothing

Dec 11, 2015 14:44 pm UTC| Insights & Views Life

Londons Heathrow airport is currently operating at 98% capacity and the rest of Londons airports are set to be full by 2040. The debate over how to address this problem has been raging for years but a workable solution...

Oil in Global Economy Series

Base metals and oil hit toll on commodity driven currencies – a bird’s eye view of impact of supply cycle shrink in demand on FX market

Dec 11, 2015 09:54 am UTC| Insights & Views

A brief historical snapshot: Commodities are experiencing what has already been the second-deepest and longest bear market of the past 45 years, with a decline from their peak of over 55% over the past 4.5...

Climate and the rise and fall of civilizations: a lesson from the past

Dec 11, 2015 04:09 am UTC| Insights & Views Nature

2015 will likely be the hottest year on record, beating the previous record set only in 2014. It is also likely to be the first year the global average temperature reaches 1℃ above pre-industrial temperatures (measured...

Why is the business world suddenly clamouring for a global carbon tax?

Dec 11, 2015 03:57 am UTC| Insights & Views Nature Business

Among the various interests at the Paris climate talks, it is arguably the voice of business that has emerged most clearly. Many business leaders are now saying that if the world is intent on reducing greenhouse gas...

Metal Supply & Demand Series

Glimpse on precious metal – Good news for platinum and palladium from china, sluggish for gold from India

Dec 10, 2015 15:32 pm UTC| Insights & Views

Gold: Yellow metal has been an exception to gain slightly by 0.3% yesterday but could not sustain and is trading at just shy of $1,080 per troy ounce this morning, finding support from the weaker US dollar. Good thing...

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Economy

European Stocks Hold Steady as Consumer Shares Rise, AI Tech Selloff Weighs on Markets

European shares were little changed on Tuesday as gains in consumer-focused sectors offset a broad selloff in artificial intelligence-linked technology stocks, while investors closely monitored the NATO summit in Turkey...

Nasdaq Futures Slide as AI Chip Stocks Sink Despite Samsung Earnings; SpaceX Debuts in Nasdaq-100

U.S. stock futures were mixed on Tuesday as technology shares came under pressure, with semiconductor stocks leading declines amid growing concerns over whether the artificial intelligence-driven rally can maintain its...

South Korea’s KOSPI Plunges as Samsung, AI Chip Stocks Trigger Market Sell-Off

South Koreas benchmark KOSPI index tumbled as much as 8% on Tuesday, prompting the Korea Exchange to activate a market-wide sell-side circuit breaker as investors rushed to sell major technology stocks despite Samsung...

Cuba Power Grid Collapse Triggers Nationwide Blackout Amid Deepening Energy Crisis

Cuba began gradually restoring electricity on Monday after the countrys national power grid suffered another major collapse, leaving millions without electricity and worsening an already severe energy crisis driven by fuel...

Asia Stocks Fall as Samsung Earnings Fail to Ease AI Valuation Concerns

Asian stock markets declined on Tuesday as investors questioned whether future earnings can justify lofty artificial intelligence (AI) valuations, triggering a broad selloff in semiconductor stocks despite Samsung...

Politics

Taiwan Says Defense Preparations Are Essential Amid Rising China Military Threat

Taiwans efforts to strengthen its defenses against a potential Chinese attack are necessary for national security and should not be viewed as a provocation, a senior Taiwanese security official said Tuesday, urging...

Italy Rejects Trump Social Media Feud Ahead of NATO Summit in Turkey

Italy said it will no longer respond to provocative social media comments from U.S. President Donald Trump, choosing instead to avoid public disputes as NATO leaders gather for a summit in Ankara, Turkey. Italian Foreign...

Damascus Blasts Strike Near Hotel Ahead of Macron Syria Visit

Explosive devices detonated near a hotel in Damascus on Tuesday where French President Emmanuel Macron was scheduled to stay, prompting heightened security measures in the Syrian capital, according to a security source....

Trump May Reopen F-35 Program Access for Turkey Ahead of NATO Summit

U.S. President Donald Trump is expected to tell Turkish President Recep Tayyip Erdogan that his administration is prepared to allow Turkey to rejoin the F-35 stealth fighter program, according to a New York Times report...

FIFA Defends Balogun Ban Suspension After Trump Praise Sparks World Cup Controversy

FIFA President Gianni Infantino defended the organizations disciplinary process after U.S. President Donald Trump praised the decision to suspend U.S. striker Folarin Baloguns World Cup red-card ban, a move that has...

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

SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion

Several major Wall Street banks have launched coverage of Space Exploration Technologies (SpaceX) ahead of its inclusion in the Nasdaq-100 Index, assigning price targets between $190 and $300 as analysts take different...

China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share

Chinas smartphone sales fell 13% year-over-year during the 2026 618 shopping festival as rising handset prices and weaker discounts discouraged buyers, according to Counterpoint Research. The annual month-long shopping...

Meta Says States Seek $1.4 Trillion in Penalties Over Teen Social Media Addiction Lawsuit

Meta Platforms has revealed that four U.S. states are seeking approximately $1.4 trillion in potential penalties in a lawsuit accusing the company of designing Facebook and Instagram to addict young users while misleading...

Samsung Q2 Profit Hits Record on AI Memory Boom as Shares Tumble

Samsung Electronics (KS:005930) forecast record-breaking second-quarter earnings on Tuesday, driven by surging demand for artificial intelligence (AI) memory chips. Despite posting stronger-than-expected operating profit,...

LG Energy Solution Q2 Profit Plunges 77% Despite Revenue Growth on Weak EV Demand

LG Energy Solution (KS:373220) expects its second-quarter operating profit to plunge 77% from a year earlier as slowing global electric vehicle (EV) demand continues to pressure the battery industry, despite reporting...