Tag: United States
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US approves US$73 million rocket artillery upgrade sale to Singapore
The proposed sale of 18 Common Fire Control System upgrade kits for the M142 HIMARS “will not alter the basic military balance in the region”, says the US State Department.
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Hegseth slams NATO allies and announces review of US forces in Europe
Hegseth slammed Europe for prioritising what he called liberal ideals over practical defence needs as he lambasted the alliance’s defence chiefs in a rare appearance at the NATO HQ in Brussels.
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Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook
With immediate supply fears fading and tanker traffic returning to the Strait of Hormuz, traders are turning their attention back to oil demand and OPEC’s outlook for the market.
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Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets
On Thursday the yen saw a sharp depreciation a high of 161.80, its weakest since July 2024.
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Why Japan’s $70 billion-plus intervention and a rate hike didn’t prop up the yen more
Japan was willing to step in to defend the yen around the 160 level before, and it’s at that point again.
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U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran
The first signs of a post-war recovery are emerging across the Middle East after the United States and Iran signed a memorandum aimed at ending the conflict.
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Trump claims Iran deal is ‘unconditional surrender,’ says his power has ‘no limits’: Axios
Trump said in an interview with Axios on Thursday evening stateside that he negotiated the deal to prevent the conflict from triggering a global depression.
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South Korea’s Kospi extends record run as Asia markets open mixed; Samsung, SK Hynix hit all-time highs
Asia-Pacific markets were set to trade mixed on Friday as investors assessed the durability of a U.S.-brokered peace agreement with Iran.
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EU of six, not 27, is needed to ‘stay relevant’ – Bruno Le Maire
The former French finance minister argued that new impetus should be given to the European Union, namely by uniting six core countries to deliver on key issues in the face of foreign threats. #12MinutesWith
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Waymo recalls about 3,900 robotaxis after some drove into ‘freeway construction zones’
After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.
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