- July 1st, 2025
Oil prices surged to their highest levels in nearly three months on Monday, driven by a more positive sentiment in broader financial markets and tight supplies from key producing regions. Brent crude hovered below $77 a barrel after reaching a...
Shares in Nippon Steel Corp., Japan's largest steelmaker, fell over 1% on Monday following U.S. President Joe Biden's decision to block its proposed $14.9 billion acquisition of U.S. Steel. Citing national security concerns, Biden’s move, which came after a year-long...
Asian markets experienced a tumultuous start to the week, with a key gauge of regional currencies plummeting to its lowest level in nearly two decades against the U.S. dollar. The equity markets saw mixed performances amid thin holiday trading, as...
U.S. Secretary of State Antony Blinken arrived in Seoul late Sunday evening, initiating a high-stakes diplomatic mission aimed at navigating the political turmoil engulfing South Korea. His visit underscores the Biden administration's commitment to maintaining robust alliances in the Asia-Pacific...
The United States' approach to energy and environmental policy, President Joe Biden is expected to announce a sweeping ban on new offshore oil and gas development across 250 million hectares of US coastal territory. The announcement, set for Monday, marks...
In a dramatic escalation of the ongoing conflict between Russia and Ukraine, Moscow has vowed retaliation after its air defenses reportedly shot down eight US-made ATACMS missiles fired by Ukraine. The Russian Ministry of Defence announced the incident on Saturday,...
China's industrial output showed a slight improvement in November 2024, offering a glimmer of hope for an economy struggling with weak domestic consumption and looming trade challenges. However, lackluster retail sales growth underscored the pressing need for more aggressive stimulus...
In a sweeping federal indictment announced on Thursday, fourteen North Korean nationals stand accused of orchestrating an intricate scheme to exploit the US information technology (IT) sector. The plot, which allegedly involved thousands of IT workers with fabricated identities, generated...
President Joe Biden unveiled a long-anticipated strategy to combat anti-Muslim and anti-Arab hate on Thursday, underscoring the urgency of addressing rising discrimination in the United States. This effort comes as incidents of Islamophobia and anti-Arab bias have spiked sharply since...
Amazon has announced a $1 million donation to President-elect Donald Trump’s inaugural fund. In addition to the monetary contribution, the e-commerce and streaming giant will air the inauguration on its Prime Video service, which it values as an in-kind donation...
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