SEOUL, July 13 (Yonhap) -- The South Korean central bank said the global semiconductor market remains undersupplied and the current AI-driven supercycle is expected to continue for some time, according to a report relea…
The GBP/USD pair finds some support near 1.3370 after a modest gap-down opening on Monday, though it lacks bullish conviction and remains below 1.3400. Nevertheless, spot prices, for now, seem to have stalled the pullba…
The US Central Command (CENTCOM) said that it launched additional strikes against Iran on Sunday aimed at further weakening the Islamic Republic’s ability to strike civilian vessels transiting the Strait of Hormuz, Bloo…
The AUD/USD pair builds on its modest weekly bearish gap opening and retreats further from a two-and-a-half-week top, near the 0.6970 region, touched on Friday. Spot prices drop to the 0.6930-0.6925 area during the Asia…
Gold price (XAU/USD) attracts some sellers to near $4,070 during the early Asian trading hours on Monday. The precious metal extends its decline amid escalating tensions between the US and Iran. Traders will take more c…
The AUD/USD pair loses ground to near 0.6940 during the early Asian session on Monday. Renewed tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). Tra…
By Kalea Hall and Nora Eckert DETROIT, July 12 (Reuters) – The Department of Justice is probing allegations that United Auto Workers President Shawn Fain took actions to improperly benefit his fiancée and retaliated aga…
UBS (UBS) set its S&P 500 (^GSPC) forecast to 7,500 by the end of 2026 in a note on Monday, citing strong corporate earnings and gains in a resilient technology sector.
Artificial intelligence (AI) is transforming the workforce, and not always for the better. As companies continue to adopt AI to boost productivity, many are also cutting human jobs and replacing them with tools like Cha…
Ford Motor Co. and Unifor — the union that represents Canada's autoworkers — will begin bargaining for a new contract and Unifor's leaders call it "the most consequential" talks of their lifetimes.
The convergence of SpaceX, OpenAI, and Anthropic on public markets in 2026 represents the most consequential wave of technology IPOs since the dot-com era. With a combined target valuation exceeding $3.7 trillion, these…
This Energy Explained post represents the research and views of the author(s). It does not necessarily represent the views of the Center on Global Energy Policy. The piece may be subject to further revision. Contributio…
NEW YORK; July 10, 2025 – Accenture (NYSE: ACN) and Microsoft Corporation (NASDAQ: MSFT) are co-investing in the development of advanced generative AI-driven cyber solutions to help organizations mitigate threats and co…
Boeing marked another step in a marathon comeback Friday when it celebrated expanded production of the 737 MAX, now an aircraft in heavy demand after earlier disasters tarnished the company's reputation. At a rousing ri…
Deputy Mayor Julie Su, Economic Justice: Good morning, everyone, and thank you for being here. I especially want to thank the mayor because now when anybody asks me if I've been to the gym, I can say yes. I'm Julie Su, …
A new wave of socialists clinched wins in recent Democratic primaries, putting them on a path to Congress in deep blue districts but also creating potential headaches for the broader party.
Pharma is sitting in an interesting spot right now. It is a sector many investors think they already understand, yet the forces shaping it today look very different from what shaped it even a few years ago. While attent…
DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and in…
Silver price retreats on Friday during the North American session, edging down by 0.54%, weighed by high US Treasury yields and a sudden shift in market sentiment, after US President Trump revealed that the ceasefire is…
MUFG’s Lloyd Chan highlights the Indonesian rupiah’s continued vulnerability as USD/IDR moved back above 18,000 amid renewed Middle East tensions and elevated US yields. Although attractive government bond and SRBI yiel…
DBS economists Radhika Rao and Mo Ji forecast Singapore’s advance 2Q26 Gross Domestic Product (GDP) growth at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below 1Q26 but still resilient. T…
Commerzbank’s report on Taiwan notes that stronger inflation, with core CPI at 2.5%, is likely to push the CBC towards a more hawkish stance, including a possible 12.5 bp hike in H2. Despite robust AI-driven exports and…
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