China AI stocks surge as new models launch and policy push fuels rally
Chinese artificial intelligence stocks rallied on Thursday after a wave of new model releases and renewed policy backing signaled intensifying competition in the sector and broader adoption across industries. Hong…
Here’s why the ASX 200 Index and AUD/USD are in a strong bull run
The ASX 200 Index and the AUD/USD exchange rate continued the uptrend this week as demand for Australian assets jumped. The index jumped to $9,060, its highest level since October…
Retail operator of outdoor sportswear pioneer Eddie Bauer files for bankruptcy
The operator of roughly 180 Eddie Bauer stores across the U.S. and Canada has filed for Chapter 11 bankruptcy protection, blaming declining sales and a litany of other industry headwinds.…
Trump threatens ‘consequences’ after 6 House Republicans voted to reverse his Canada tariffs
President Donald Trump is threatening to back election challengers against the six House Republicans who joined Democrats in voting to reverse his tariffs on Canada. The president sent out an…
Morning brief: Asia stocks rise, xAI cofounders exit, House tariffs vote looms
Global markets and corporate developments offered a mixed picture on Wednesday as investors balanced resilient Asian equities against political tensions in Washington and mounting corporate upheaval across technology and media…
Bitcoin price prediction as whales start buying despite the crypto winter
Bitcoin price has dropped for four consecutive weeks and is hovering near its lowest level this year. It was trading at $68,245 on Wednesday, down substantially from its all-time high…
Landmark trial accusing social media companies of addicting children to their platforms begins
LOS ANGELES — The world’s biggest social media companies face several landmark trials this year that seek to hold them responsible for harms to children who use their platforms. Opening…
Key House committee advances nationwide voter ID bill, setting up 2026 election fight
The House of Representatives is readying to vote on a bill that would mandate photo identification for voters across the United States in the coming 2026 midterm elections. The House…
Gold lowers on easing tensions, but rate cut bets, China demand provide floor
Gold prices drifted lower in Asian trade on Tuesday, snapping a two-day positive streak for the precious metal. Experts believe that the market lacked strong follow-through selling, and demand from…
KOSPI Index rallies and gets overbought as the AI boom gains steam
The KOSPI Composite Index continued its strong bull run after crossing the key milestone at KRW 5,000. It jumped to a record high of KRW 5,380 this month, meaning that…