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Thu, Jun 25, 2026 02:51 AM All times are UTC

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UK: Finance Minister Hunt Warns 'Absolutely Devastating' If US Fails to Raise Debt Limit

May 15, 2023 09:45 am UTC| Politics

British finance minister Jeremy Hunt warned of the serious consequences should the United States government fail to raise its debt ceiling. This comes as US President Joe Biden is currently in a standoff between the...

US: DHS Chief Says Border Crossings Dropped By 50 Percent Since Title 42 Expired

May 15, 2023 09:34 am UTC| Politics

US Homeland Security Secretary Alejandro Mayorkas said that since the expiration of the controversial Title 42 border policy, there has been a drop in border crossings. However, Mayorkas noted that it was still early into...

Iran Calls On Iraq Ambassador to Protest Against Presence of 'Terrorist Groups'

May 15, 2023 08:13 am UTC| Politics

The Iranian foreign ministry has summoned the Iraqi ambassador to the country to formally protest against the presence of alleged terrorist groups on Iraqi soil over the weekend. Tehran argued that the presence of the...

South China Sea: Philippines Place Buoys in Contested Waters

May 15, 2023 07:42 am UTC| Politics

The Philippines placed navigational buoys in its exclusive economic zone within the highly contested South China Sea. The buoys are the latest effort by Manila to reassert the countrys sovereignty over the Spratly...

Turkey Headed for Runoff Elections, Erdogan Has Lead

May 15, 2023 07:01 am UTC| Politics

Following the latest elections in Turkey, the country may be headed for a runoff in a few weeks time as President Tayyip Erdogan fell short of the majority needed to win re-election. The upcoming runoff is widely believed...

Russia-Ukraine War: Ukraine Looking to Auction Seized Russian Assets for Reconstruction

May 12, 2023 12:38 pm UTC| Politics

The head of the Ukrainian State Property Fund has said they hope to auction off the confiscated Russian assets in an effort to shore up funds for the countrys reconstruction. However, the process of doing so has been long...

Russia-Ukraine War: Kyiv Says $16.7 Billion in Financial Aid Received This Year

May 12, 2023 10:08 am UTC| Politics

The Ukrainian finance minister said Ukraine has received $16.7 billion in financial aid from its allies so far this year. The total was announced during a meeting of the G7 finance ministers, which included Ukraine in its...

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Economy

Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion

Gold prices continued their downward trend during Asian trading on Thursday, falling to their lowest level in more than seven months as a stronger U.S. dollar and growing expectations of additional Federal Reserve interest...

South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost

South Koreas benchmark KOSPI index soared more than 5% at Thursdays market open, prompting the Korea Exchange (KRX) to temporarily halt program trading after a sharp rally fueled by leading semiconductor stocks. The...

BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks

Bank of Japan (BOJ) board member Naoki Tamura has called for the central bank to continue raising interest rates every few months, while remaining prepared to accelerate the pace of tightening if inflation risks continue...

Australian Household Spending Rebounds Strongly in May as Travel and Dining Drive Consumer Growth

Australias household spending recorded a solid recovery in May, fueled by a sharp rebound in travel activity after an unexpected decline in April caused by disruptions linked to global conflict. The latest figures indicate...

Asian Markets Rally as Micron and Qualcomm AI Outlook Lifts Global Tech Stocks

Asian equities climbed sharply on Thursday after upbeat earnings and optimistic forecasts from semiconductor leaders Micron Technology and Qualcomm renewed investor confidence in artificial intelligence (AI) stocks. The...

Politics

Young Brazilian Voters Shift Right Ahead of 2026 Election

As Brazil prepares for its October presidential election, a growing number of young voters are moving away from the left, signaling a major political shift that could influence the countrys future. Many who once supported...

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

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

Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism

Samsung Electronics and SK Hynix posted strong gains on Thursday after Micron Technology delivered record quarterly earnings and issued a stronger-than-expected revenue forecast, reinforcing confidence in the growing...

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....