Wall Street Gains on AI Earnings and Rate-Hold Hopes

Wall Street indexes rose on Wednesday, driven by the Nasdaq outperforming its peers as upbeat earnings from artificial intelligence infrastructure firms boosted technology stocks, while largely in-line inflation data reinforced market bets that the U.S. Federal Reserve will hold interest rates steady, according to Reuters reporting. AI Infrastructure Earnings Drive Nasdaq Gains The Nasdaq Composite … Read more

Wall Street Drops as Hormuz Deal Hopes Fade

Wall Street closed lower as climbing crude oil prices driven by Middle East tensions and a massive share sale by Intel weighed on investor sentiment, according to Reuters. The S&P 500 declined 0.06% to finish at 7,753.12 points, while the tech-heavy Nasdaq Composite dropped 0.32% to 26,605.36 points, and the Dow Jones Industrial Average slipped … Read more

Min Aung Hlaing Thailand Visit: Quest for Legitimacy

Myanmar junta chief and President Min Aung Hlaing received an official welcoming ceremony in Bangkok, Thailand, on August 6, 2026, as Thailand pursues calibrated re-engagement to restart stalled peace efforts in its neighbor’s ongoing civil war. According to Reuters reporting, the retired general walked a red carpet with Thai Prime Minister Anutin Charnvirakul to inspect … Read more

Spain Imposes Italy Border Controls Amid Migration Dispute

Spain will establish border controls for flights and ships arriving from Italy starting at midnight on Saturday until September 7, according to a government announcement on Friday. The temporary measures respond to persistent irregular migratory pressure and mirror restrictions implemented by Rome following a mass migration event in late July, when 72,000 people crossed into … Read more

Canada Job Growth Surges in July to Two-Year Unemployment Low

Canada’s labor market added 75,100 net jobs in July, far surpassing a Reuters poll forecast of 16,500 and driving the national unemployment rate down to a two-year low of 6.4%, according to data released by Statistics Canada. The robust employment gains, driven by increases in both full-time and part-time work, offer fresh evidence that the … Read more

Asian Stocks Rise Following Wall Street Gains; Oil Steady

Asian stock markets are showing cautious gains as investors react to a global rally, while oil prices remain near the lowest levels in weeks amid a stalemate in U.S.-Iran tensions. Regional indices are responding to strong U.S. manufacturing figures that pushed the Dow Jones Industrial Average to a record close, even as markets weigh the … Read more

Gold Prices Rise as Oil Slumps Following Trump’s Iran Stance

Spot gold rose 0.6% to $4,063.35 per ounce as oil prices fell following U.S. President Donald Trump holding off on fresh attacks on Iran, slightly easing concerns over inflation and higher interest rates, according to market data reported by Reuters. U.S. gold futures edged 0.1% higher to $4,053.70, while broader precious metals saw gains alongside … Read more

China Factory Growth Hits 4-Month Low in July

China’s manufacturing sector expanded at its slowest pace in four months in July, as output and new orders rose more moderately, according to a private-sector survey released on Monday by S&P Global and RatingDog. The RatingDog China General Manufacturing Purchasing Managers’ Index (PMI) fell to 50.9 in July from 51.7 in June, missing analysts’ consensus … Read more

Bessent’s Yen Buying Plan Revealed in Reuters Photo

U.S. Treasury Secretary Scott Bessent was photographed at Camp David with a handwritten notepad outlining plans to purchase $5 billion to $10 billion in Japanese yen, according to a Reuters image captured during a cabinet meeting. The visible note emerged shortly after Reuters reported that the Treasury had alerted banks to a potential intervention in … Read more

India’s Youth Crisis: Beyond the Protests and Unemployment

India youth protests over the National Eligibility-cum-Entrance Test (NEET) paper leaks have forced Prime Minister Narendra Modi into a major political climbdown, culminating in the resignation of Education Minister Dharmendra Pradhan and a government commitment to exam reforms. The movement, fueled by viral online organizing through the Cockroach Janta Party (CJP), highlights deep-seated economic anxieties … Read more