Sawt Falasteen - Economy

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Featured

Jason Arday: UK academic who died amid plagiarism storm

Jason Arday, the ex-Cambridge professor found dead amid a growing furore over claims of academic plagiarism and personal life embellishments, rose from humble roots in Britain to be hailed as an academic superstar.

Spidey swings high for third weekend in N. American box office

"Spider-Man: Brand New Day" continued dominating the North American box office, drawing an additional $70 million in ticket sales on its third weekend on the big screen, according to industry estimates.

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SpaceX seeks a record $75 bn in stock market debut

SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise $75 billion in the biggest initial share sale ever, as the world's richest person pursues data centers in space and a trip to Mars.

Asian stocks drop on AI, rate hike worries as Lebanon deal hits oil

Asian stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.

From poplars to pistachios, Afghans rediscover the value of trees

Under the shade of recently planted poplars in northeastern Afghanistan, village leader Ghulam Ali Poya is proud to see residents rediscover the value of trees after years of wartime deforestation.

Indonesian rupiah falls to record low against US dollar

Indonesia's rupiah hit its weakest level ever against the dollar on Thursday, breaching the psychological 18,000 threshold amid concerns about the country's economy amid surging energy costs.

Stocks drop on AI, rate hike worries as Lebanon deal hits oil

Stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.

US House votes to curb Trump on Iran war as talks stall

The US House of Representatives has backed a resolution seeking to halt American military action in Iran -- a symbolic move that deals a political blow to President Donald Trump as efforts to find a deal with Tehran stagnate.

Tim Berners-Lee calls for AI to preserve 'original values' of web

World Wide Web pioneer Tim Berners-Lee says he wants to see artificial intelligence preserve "the original values" of his invention while allowing users to filter personal data sent to tech giants.

South Korean adoptees sue Denmark over right to know birth families

Eight South Korean-born adoptees are suing Denmark for its role in their illegal adoptions decades ago, demanding the state admit responsibility for covering up their origins.

NASA ends mission after loss of Mars probe

NASA said Wednesday it will end its mission to study the atmosphere and evolution of Mars after its probe went silent for six months.

SpaceX aims to raise record $75 bn in stock market debut

SpaceX, the rocket and satellite company led by US billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public offering, the company said in a regulatory filing on Wednesday, valuing the company at $1.765 trillion.

New York turns blue and orange as Knicks fever grips city

Tasha Graham, dressed head to toe in Knicks clothing, is the embodiment of New York's passion for its basketball team battling to win the NBA Finals and end a five-decade drought.

US sanctions interrupt Visa, Mastercard payments in Cuba

Visa and Mastercard payments in Cuba will be suspended from Saturday after US sanctions prompted a foreign bank to sever ties with a state-backed financial institution, Cuba's central bank said Wednesday.

Ukrainian drones hit Saint Petersburg as 'Russian Davos' opens

Ukrainian drones hit energy and military sites in Saint Petersburg on Wednesday as officials gathered for a flagship economic forum in the city, Russian and Ukrainian authorities said.

Oil rises, stocks slip on fragile Mideast peace hopes

Oil prices rose on Wednesday, edging closer to $100 a barrel while stocks fell as further attacks between the US and Iran dented hopes of an imminent peace deal.

EU wants to favour European firms for AI, cloud in sovereignty push

The EU on Wednesday unveiled its plan for slashing dependence on American and Asian technology, including favouring European firms in the most sensitive public contracts for cloud computing and AI.

Oil jumps, stocks mixed on fragile MIdeast peace hopes

Oil prices jumped and stock markets diverged Wednesday as fresh Middle East attacks dented hopes of an imminent peace deal.

Ukraine drones hit Saint Petersburg as flagship economic forum opens

Ukrainian drones hit energy and military sites in Saint Petersburg early Wednesday morning as officials gathered for a flagship economic forum in the city, Russian and Ukrainian authorities said.

Oil prices rise on Iran peace worries, Asian stocks build on tech rally

Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of continued demand for all things linked to artificial intelligence.

As crises balloon, so do EU nations' deficits

More and more EU countries are being thrown in the public spending sin bin over their mushrooming deficits, with Bulgaria expected to be added Wednesday.

Oil prices rise on Iran peace worries, stocks build on tech rally

Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of continued demand for all things linked to artificial intelligence.

Will SpaceX IPO make Elon Musk a trillionaire?

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet's first trillionaire.

Before SpaceX goes public, a scramble to get on bandwagon

As SpaceX prepares its long-awaited stock market debut, investors everywhere are scrambling to get a piece of the action -- through investment funds, related company stocks, and even online prediction markets.

Foreign companies take flight from US-sanctioned Cuba

With a US deadline to sever ties with Cuba's military conglomerate GAESA fast approaching, foreign companies had by Tuesday vastly reduced their presence on the island.

Stalled Mideast peace process sends oil soaring, tech buoys stocks

Stalled progress in peace negotiations between Washington and Tehran sent oil prices higher on Tuesday, with stocks also making advances based on optimism around AI-related tech equities.

Canada tells US and Mexico it wants free trade deal renewed

Canada has formally told the United States and Mexico that it wants to renew the North American free trade agreement derided by President Donald Trump, a letter released Tuesday said.

Oil dips, stocks advance with all eyes on Mideast war prospects

Oil prices dipped and stocks advanced on Tuesday as investors weighed the chances for a peace agreement between the US and Iran and AI enthusiasm again boosting tech stocks.

German arms maker Rheinmetall signs 5.7 bn euro deal with Romania

German defence giant Rheinmetall said Tuesday it has signed a 5.7-billion-euro ($6.6-billion) deal to supply the Romanian armed forces, in the company's biggest international contract in recent times.

Oil steady, stocks mixed with all eyes on Mideast war prospects

Oil prices wavered and stocks were mixed on Tuesday as investors weighed the chances for a peace agreement between the US and Iran, after AI enthusiasm again sent tech stocks soaring.

STARTRADER Launches 39 New US Stocks and ETFs Across the Sectors Shaping the Future of Global Markets

Effective 25 May 2026, clients gain access to high-impact opportunities spanning artificial intelligence, semiconductor infrastructure, clean energy, the space economy, institutional digital assets, and macro-thematic ETFs.

OSL Strengthens Asia’s Digital Asset Ecosystem with Listing of State-Supervised Gold-Backed Stablecoin USDKG

OSL Group (863.HK) (OSL), a global stablecoin payment and trading platform, today announced that its Hong Kong-licensed digital asset exchange OSL HK has officially listed USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic. The listing marks a significant step in bringing a state-supervised, asset-backed digital currency to one of the world’s most established licensed virtual asset markets.

Chilli price drives Indonesia's monthly inflation

Monthly inflation in Indonesia doubled in May, driven by food prices and particularly chilli in the hot sauce-addicted country, the BPS statistics agency said Tuesday.

Oil falls, stocks rise as traders bet on Mideast progress

Oil prices retreated and stock markets largely gained Tuesday as investors assessed the chances of a Middle East peace agreement, with tech shares enjoying another strong showing thanks to AI enthusiasm.

Sawt Falasteen - Economy (English)