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Sat, Jun 21, 2025 12:55 AM All times are UTC

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Global Market Jitters Rise as Central Banks Diverge Amid Economic Uncertainty

Jun 20, 2025 04:33 am UTC| Economy

Investor anxiety is growing as central banks send mixed signals, clouding the global monetary outlook. Norway shocked markets with an unexpected interest rate cut, sending the krone down 1% against the dollar and euro....

Japan-US Trade Talks Stall Ahead of Key Tariff Decision

Jun 20, 2025 04:27 am UTC| Economy Politics

Japans trade negotiations with the United States remain stalled, with Economic Revitalization Minister Ryosei Akazawa stating Friday that discussions remain in a fog despite ongoing efforts. Tokyo is pushing to convince...

China’s Rare Earth Magnet Exports Plunge Amid Tighter Export Controls

Jun 20, 2025 04:25 am UTC| Economy

Chinas exports of rare earth magnets dropped sharply in May, falling 52.9% from April to just 1,238 metric tonsthe lowest monthly level since February 2020, according to Chinese customs data. Year-on-year, the decline was...

Brent Crude Slips as U.S. Delays Israel-Iran Conflict Decision

Jun 20, 2025 04:19 am UTC| Business Economy

Brent crude prices dipped nearly $2 on Friday after the White House signaled a delay in deciding U.S. involvement in the escalating Israel-Iran conflict. Despite the decline, Brent remains on track for its third...

Asian Currencies Rise as Trump Delays Iran Strike Decision, Dollar Retreats

Jun 20, 2025 04:13 am UTC| Economy

Asian currencies gained on Friday as market risk sentiment improved after the White House announced President Donald Trump would delay any decision on military action against Iran for two weeks. The move helped ease fears...

Vietnam Seeks U.S. Tariff Relief and Trade Access in New Deal Talks

Jun 20, 2025 03:29 am UTC| Economy Politics

Vietnam and the United States held a virtual trade negotiation on Thursday night, aiming to resolve tariff issues and enhance market access for Vietnamese exports. According to Vietnams Ministry of Industry and Trade, the...

World Bank Pushes for Radical Debt Transparency to Prevent Crises

Jun 20, 2025 03:27 am UTC| Economy

The World Bank is urging developing nations and lenders to adopt radical debt transparency to avoid future financial crises. In a report released Friday, the Bank stressed the need for full disclosure of sovereign...

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Economy

Global Market Jitters Rise as Central Banks Diverge Amid Economic Uncertainty

Japan-US Trade Talks Stall Ahead of Key Tariff Decision

China’s Rare Earth Magnet Exports Plunge Amid Tighter Export Controls

Brent Crude Slips as U.S. Delays Israel-Iran Conflict Decision

Asian Currencies Rise as Trump Delays Iran Strike Decision, Dollar Retreats

Politics

Kremlin Uncertain on Putin-Trump Meeting Amid Global Turmoil

The Kremlin said Friday it could not predict whether Russian President Vladimir Putin and U.S. President Donald Trump will meet in person this year, citing global instability and escalating conflicts such as the...

European Diplomacy Pushes Iran Toward Nuclear Talks Amid Escalating Tensions

European foreign ministers from the E3 Britain, France, and Germany are set to meet Iranian counterpart Abbas Araqchi in Geneva this Friday, aiming to revive nuclear diplomacy as U.S.-Israeli military tensions with Iran...

Dodgers Deny ICE Access Amid Immigration Raid Protests in Los Angeles

The Los Angeles Dodgers denied U.S. Immigration and Customs Enforcement (ICE) agents access to Dodger Stadiums parking lot on Thursday, marking their first public opposition to recent immigration raids in the city. The...

Australia Shuts Tehran Embassy Amid Escalating Israel-Iran Conflict

Australia has suspended operations at its embassy in Tehran due to worsening security as Israel continues airstrikes on Irans nuclear facilities. The escalating Israel-Iran air war, now in its second week, has left foreign...

China Condemns UK Warship Passage Through Taiwan Strait as Tensions Rise

China has strongly criticized the recent passage of British warship HMS Spey through the Taiwan Strait, calling it a deliberate provocation aimed at destabilizing the region. The Chinese military, specifically the Eastern...

Science

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...

SpaceX Starship Test Flight Reaches New Heights but Ends in Setback

SpaceXs massive Starship rocket, central to Elon Musks vision for interplanetary travel, launched its ninth uncrewed test flight from Starbase, Texas, on May 27, 2025. The two-stage vehiclecomprising the upper-stage...

Trump’s nomination for NASA leader boasts business and commercial spaceflight experience during a period of uncertainty for the agency

Jared Isaacman, billionaire, CEO and nominee to become the next NASA administrator, faced questions on April 9, 2025, from members of the Senate Committee on Commerce, Science, and Transportation during his confirmation...

Lab-grown meat: you may find it icky, but it could drive forward medical research

Lab-grown meat causes heated debates. Proponents see benefits for the climate and animal welfare. Opponents worry about a Frankenstein food they regard as risky and unnatural. Whatever your opinion, the technology...

Technology

Meta and Oakley Unveil AI Smart Glasses for Athletes and Adventurers

Meta Platforms Inc. (NASDAQ: META) has partnered with Oakley to launch the Oakley Meta HSTN, a high-performance AI smart eyewear product blending advanced technology with athletic design. Targeting athletes and active...

BBC Considers Legal Action Against AI Firm Perplexity Over Content Use

The BBC is reportedly preparing legal action against AI search engine Perplexity for allegedly using its content without permission to train artificial intelligence models. According to the Financial Times, the UK public...

Australia’s Teen Social Media Ban Gains Momentum with Promising Tech Trial

Australias world-first ban on social media access for under-16s is gaining traction, as results from a major age verification trial suggest the approach is both feasible and effective. The Age Assurance Technology Trial,...

Japan Boosts LNG Demand Amid AI Surge and Clean Energy Shift

Japan is regaining prominence in the global liquefied natural gas (LNG) market as the rise of AI-driven data centers, escalating costs of alternative fuels, and a revised national energy strategy renew interest in...

Apple Eyes Generative AI for Custom Chip Design, Says Exec

Apple Inc. (NASDAQ:AAPL) is exploring the use of generative artificial intelligence (Gen AI) to enhance the design of its custom silicon chips, according to a recent Reuters report. Johny Srouji, Apples senior vice...