Korea’s foreign reserves hit five-year low despite monthly increase
The Republic of Korea’s foreign reserves saw a slight increase in December compared to the previous month but recorded their lowest year-end level in five...
Month : January 2025
Major winter storm impacts over 60 million people across the United States
Over 60 million people across the United States are facing severe weather conditions as a major winter storm impacts regions from the Central Plains to...
Credit Suisse investigated for Nazi-linked accounts active until 2022
Recent investigations have revealed that Credit Suisse, now part of UBS, maintained nearly 100 accounts linked to Nazis and Nazi-affiliated individuals, with some remaining active...
Microsoft to invest $80 billion in AI data centers by June 2025
Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half...
India to fully power Andaman and Nicobar Islands with renewable energy
India has announced plans to fully power its Andaman and Nicobar Islands and Lakshadweep with 100 percent renewable energy. This initiative, driven by solar panels...
Poland takes over EU presidency focusing on security and migration
Poland officially assumed the presidency of the Council of the European Union on Friday with a ceremony held at the National Theatre in Warsaw. The...
Emirates launches first Airbus A350 in commercial service from Dubai
Emirates has introduced its first Airbus A350 into commercial service, marking a pivotal expansion of its fleet. The inaugural flight departed from Dubai International Airport...
China stocks lead losses in Asia as manufacturing slows and Singapore grows
Asian markets displayed mixed performance on Thursday as trading resumed after the New Year holiday, with Chinese stocks leading losses amid weaker manufacturing data. Meanwhile,...
Oil prices rise to highest levels since October on tightening US stockpiles
Oil prices surged in the first trading session of 2025, marking the highest levels since October, as U.S. crude stockpiles registered another decline and technical...
Strong U.S. growth and Fed policies drive dollar to multi-year highs
The U.S. dollar index surged to its highest level in more than two years on Thursday, reflecting investor optimism about the U.S. economy and expectations...