Economy
South Korea’s Inflation Quickens, Solidifying BOK’s Hawkish Policy
May consumer inflation in South Korea hit 3.1%, its highest in over two years, strengthening the Bank of Korea's hawkish stance. Rising...
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Investing
Credo Forecasts 80%+ Fiscal 2027 Revenue Growth, Optical Portfolio to Drive $600M+
Credo Technology Group Holding Ltd projects over 80% revenue growth for fiscal 2027, with its optical portfolio expected to contribute more than...
Stocks
Spiro Secures $215 Million for African EV Infrastructure Expansion
African electric mobility firm Spiro has raised $215 million in equity financing to significantly expand its battery-swapping and electric vehicle infrastructure across...
Markets
Oil Prices Jump as Iran Deal Stalls
Oil prices surged Monday, recouping recent losses, as uncertainty surrounding a potential peace deal with Iran intensified. Brent crude futures rose 3.3%...
Markets
Taiwan Stock Market Extends Four-Session Win Streak Above 23,400 Points
The Taiwan Stock Exchange has logged four consecutive sessions of gains, pushing above the 23,400-point mark, fueled by a positive global outlook...
Markets
Remote Work, Not AI, Drives 20% Unemployment Rise for Young Grads, Fed Research Finds
New research from the New York Fed indicates remote work, not AI, is behind a 20% rise in unemployment for recent college...
Stocks
Anthropic Files IPO Paperwork, Valued Near $1 Trillion
AI giant Anthropic has confidentially filed preliminary IPO paperwork, positioning its nearly $1 trillion valuation for a public debut amid a revived...
Finance
OpenAI Offers UK Banks AI Cyber Tool After Rival Blocks Access
OpenAI has provided nine major UK banks access to its cybersecurity AI tool, GPT-5.5 Cyber, following rival Anthropic's decision to restrict previews...
Markets
German Town Uses Play Money to Cut Carbon Emissions
A Bavarian town's local currency, born from a school project, is now incentivizing climate-friendly actions and reducing carbon footprints.
Finance
Bond Market’s Inflation Warning Adds to Trump’s Midterm Challenges
The bond market is signaling a new inflation warning for President Trump's government, driving up interest rates and creating fresh economic and...
Markets
Powell: Political Pressure Threatens Fed, Courts, Schools
Former Federal Reserve Chair Jerome Powell used his John F. Kennedy Profile in Courage Award speech to issue a stark warning against...
Finance
Goldman Flags Dual Oil Price Risk: Demand Slump Battles Iran War Supply Cuts
Goldman Sachs identifies competing forces shaping oil prices, with a demand slump potentially offsetting supply losses from the Middle East due to...