News
Stay up-to-date with the latest developments in the world of finance and crypto. Our News section brings you timely updates, market trends, regulatory changes, major partnerships, and breaking stories that impact the global financial landscape. Whether you’re a seasoned investor or just getting started, this is your trusted source for staying informed.
SpaceX’s Starship exploded Wednesday night during a test at SpaceX’s Starbase in Boca Chica, Texas. Around 11 p.m. local time Wednesday, “the Starship preparing for the tenth flight test experienced a major anomaly while on a test stand at Starbase,” SpaceX said in a post on X. “A safety clear area around the site was…
President Donald Trump, unhappy with the Federal Reserve for not cutting interest rates, has called Chairman Jerome Powell a “numbskull,” “Mr. Too Late” and referred to him as a “stupid person” before policymakers left interest rates unchanged for the fourth time this year on Wednesday. He has also floated naming a replacement for Powell even…
The trustees for Social Security and Medicare released their annual report on the status of the entitlement programs’ trust funds, which are expected to be depleted sooner than previously thought. The Social Security and Medicare trustees “found that the Social Security and Medicare programs both continue to face significant financing issues.” Trustees found that if Social…
HONG KONG: Governments around the world are attempting to evacuate thousands of their nationals caught up in the rapidly spiralling Israel-Iran conflict, organising buses and planes and in some cases assisting people crossing borders on foot. Foreigners have rushed to leave both countries after Israel launched an unprecedented bombing campaign last Friday targeting Iran’s nuclear…
TEHRAN: Iran launched a fresh salvo of missiles at Israel on Thursday, with a hospital reported hit, as President Donald Trump warned he was weighing US military action in the conflict. AFP journalists heard violent, sustained explosions in Jerusalem and Tel Aviv, and sirens sounded in several parts of the country to warn of incoming…
PESHAWAR: Pakistan says it has expelled more than a million Afghans in the past two years, yet many have quickly attempted to return — preferring to take their chances dodging the law than struggle for existence in a homeland some had never even seen before. “Going back there would be sentencing my family to death,“…
PRAGUE: The Czech Republic signed a contract earlier this month with South Korea’s KHNP to build two nuclear reactors, but experts question its future over complaints raised by KHNP’s French rival EDF. The deal is crucial for the EU member country of 10.9 million people, relying on nuclear power produced by the southern Dukovany and…
WASHINGTON: The US Federal Reserve held interest rates steady for a fourth consecutive meeting Wednesday, forecasting higher inflation and cooler growth this year as President Donald Trump’s tariffs begin to take hold and geopolitical uncertainty swirls. Fed Chair Jerome Powell told reporters the central bank would make better decisions if it waited a few months…
In 2025, XRP has become the focus of the cryptocurrency field with its amazing market performance, with an increase of more than 100% since the beginning of the year! With 3-5 seconds of extremely fast settlement, ultra-low fees and high throughput, XRP not only dominates the cross-border payment field, but also rises rapidly in the…
YANGON: Myanmar’s deposed democratic leader Aung San Suu Kyi marked her 80th birthday in junta detention on Thursday, serving a raft of sentences set to last the rest of her life. Suu Kyi was the figurehead of Myanmar’s decade-long democratic thaw, becoming de facto leader as it opened up from military rule. But as the…
