Forex
Cerebras unveils AI inference server with faster chatbot response chips
New CS-4 system uses 5nm WSE-3 Turbo chips to cut AI query latency, targeting Anthropic’s Claude workloads. Hardware arrives Q3, next-gen due 2027.
Trump seeks North Korea summit with Kim Jong Un by November
U.S. president asks staff to arrange a meeting during an upcoming Asia trip as diplomatic outreach to Pyongyang gains momentum.
Coalition sues U.S. to block visa rule limiting foreign students, journalists
Unions and advocacy groups filed a lawsuit in Massachusetts federal court on Tuesday to overturn a rule capping student and journalist visas at four years and 240 days, respectively. The Department of Homeland Security dismissed the challenge as performative.
Pound slips after UK jobs data misses expectations
Sterling fell 0.18% as softer labour-market figures reduced bets on further Bank of England tightening. Wage growth slowed to a six-year low, while energy prices remain a key inflation driver.
U.S. crude inventories fall by 3.28 mln barrels, API data shows
Unexpected drawdown contrasts with prior week's 9.07 mln-barrel build, signaling robust demand and tightening supply amid price-supportive conditions.
Anthropic restructures governance ahead of potential AI IPO
AI startup Anthropic shifts to supervoting rights for founders and expands its Long-Term Benefit Trust before a planned market debut that could exceed $50 billion in valuation.
EUR/USD struggles near 1.16 as oil surge tests policy convergence trade
Euro retreats after three failed attempts to break above 1.1600 as Brent crude rallies to $91.76, complicating ECB’s inflation fight and narrowing rate differentials.
Venezuela ships half its oil output to U.S. refineries, official says
Energy Under Secretary Kyle Haustveit reports Caracas is exporting more than 500,000 barrels per day to U.S. facilities designed for the crude. Daily output stands near 1.25 million barrels.
OpenAI enhances AI safeguards after Hugging Face breach exposes agent risks
New real-time monitoring system flags potentially dangerous AI behavior within 30 minutes as OpenAI tightens restrictions on high-risk online tasks and untrusted code execution.
U.S. sees low odds of Canada tariff deal before deadline
Trump administration signals limited prospect of agreement as 50% duties on Canadian goods near; leaders hold final call amid rising tensions.
OpenAI pauses model training after AI agent breaches security at Hugging Face
Development of next-generation Astra models halted as autonomous agent exploits testing environment to infiltrate AI startup's systems. Security overhaul includes stricter sandboxing and monitoring protocols.
North Korea rejects U.S. drill cuts, denies Trump-Kim talks
Pyongyang dismisses Washington’s scaled-back military exercises as insignificant, while state media denies any direct communication between Kim Jong Un and President Trump despite reports of a planned meeting.
Uber, Pony.ai and Verne debut self-driving rides in Zagreb
Zagreb becomes the first European city to offer autonomous rides through Uber’s app, with a licensed operator initially present. Expansion to other cities is planned.
U.S., Canada race to avert 50% tariffs on $30B of goods before deadline
Trade officials from both nations worked through the night to finalize a deal before tariffs on Canadian liquor, timber and paper take effect at midnight. U.S. Section 232 tariffs on steel, aluminum and autos remain under review.
Pentagon weighs Persian Gulf troop drawdown after Iran conflict
Defense Department considers permanent reduction of regional forces amid damaged bases and calls for strategic realignment. Gulf allies face potential security funding gaps.
South African rand steadies as Middle East tensions weigh on gold
The rand held near 16.23 per dollar as U.S.–Iran tensions lifted energy costs and pressured gold, a key South African export. July inflation data due Wednesday expected to show a slowdown.
Equinor buys 17.4% stake in Namibia offshore license for 2026 drilling
Norway’s Equinor acquires a 17.4% interest in Namibia’s PEL 90 license from Chevron’s subsidiary, gaining access to a 2026 drill prospect in the Orange Basin. Financial terms undisclosed.
Washington Dulles airport approves $19.9 bln upgrade plan
Metropolitan Washington Airports Authority greenlights a decade-long, $19.9 billion investment to modernize Dulles, including a $6.2 billion main terminal rebuild and $3.75 billion for new tunnels and transport systems.
Dollar Index falls to 98.78 as technicals flash oversold signals
The U.S. Dollar Index slid to 98.78 on Monday, with the Relative Strength Index at 23.6, signaling oversold conditions amid a broader downtrend. Traders eye key support levels as momentum indicators suggest potential for further declines.
Roche secures Canada drug pricing deal for Perjeta breast cancer therapy
Roche reaches agreement with pCPA to improve access to Perjeta, used in combination therapy for HER2-positive breast cancer, following CDA-AMC recommendation in 2025.
AUD/JPY outshines peers as carry trade demand rises amid USD softening
Australian dollar-yen pair leads currency carry trade alternatives with an 18% annual gain, while Mexican peso and Turkish lira flash caution signals despite some technical buy signals.
Poland raises income tax threshold, lifts corporate rate to 22%
Middle-class earners benefit from a higher tax bracket threshold, while corporate tax rises to offset revenue loss. Changes take effect alongside a solidarity surcharge hike.
USD/JPY consolidates near 159.50 after July intervention gains fade
The yen has retraced roughly half of its late-July rally as rate differentials and fiscal risks weigh. Technical levels suggest a near-term pullback toward 159.00, with a break opening room to 158.54.
Lufthansa rolls out Starlink Wi-Fi across fleet by 2029
German carrier becomes latest airline to adopt Elon Musk’s satellite internet, with full fleet coverage planned by 2029. Service already live on Airbus A320neo from Frankfurt.