South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan

Jul 02, 2026 06:29 am UTC| Economy Politics

South Korea signaled heightened vigilance over its currency market on Thursday, with Vice Finance Minister Huh Chang saying the government is maintaining close communication with Japan and other major partners on foreign...

OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks

Jul 02, 2026 06:27 am UTC| Business Technology Politics

OpenAI has reportedly proposed granting the U.S. government a 5% ownership stake in the artificial intelligence company as it seeks to strengthen ties with Washington and address growing political scrutiny over the rapidly...

US Resumes Dollar Shipments to Iraq After Months-Long Suspension

Jul 02, 2026 05:50 am UTC| Economy Politics

The United States has resumed limited shipments of U.S. dollars to Iraq after a months-long suspension, according to a report by The New York Times citing two senior aides to Iraqi Prime Minister Mohammed Shia al-Sudani....

Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes

Jul 02, 2026 05:27 am UTC| Politics Economy

The Trump administration has declined to renew the U.S.-Mexico-Canada Agreement (USMCA) in its current form, triggering a 10-year countdown that keeps the North American trade pact in force while negotiations continue over...

EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report

Jul 02, 2026 04:14 am UTC| Business Technology Politics

Europes semiconductor industry faces mounting challenges from Chinese export controls, heavy reliance on U.S. technology, and persistent structural weaknesses, leaving the region with a difficult outlook unless it...

NRC Proposes Radiation Rule Changes to Boost U.S. Nuclear Power Expansion Under Trump

Jul 02, 2026 04:11 am UTC| Governance Politics

The U.S. Nuclear Regulatory Commission (NRC) on Wednesday unveiled a proposal to revise long-standing radiation protection rules, a move that aligns with the Trump administrations broader strategy to accelerate nuclear...

Trump Vows U.S. Will Prevent China From Taking Over the Panama Canal

Jul 02, 2026 04:05 am UTC| Politics

U.S. President Donald Trump declared on Wednesday that the United States will not allow China to take control of the Panama Canal, underscoring Washingtons continued focus on one of the worlds most strategically important...